Page 75 - Panasonic News Today

Panasonic, Nippon Steel also respond in full to union demands

TOKYO :Toyota Motor agreed to give factory workers their biggest pay increase in 25 years on Wednesday, heightening expectations that bumper pay raises will give the central bank leeway to make a key policy shift next week.Toyota, Panasonic, Nippon Steel and Nissan were among some of Japan Inc's biggest names

Toyota, Panasonic, Nippon Steel and Nissan were among some of Japan Inc’s biggest names that agreed to fully meet union demands for pay hikes at annual wage negotiations

In the euro area, we receive industrial production figures for January. It will be interesting to see how actual production fared in January as soft indicators have shown improvements and the global manufacturing cycle has bottomed out. Also, the ECB is set to unveil its new operational framework.

Toyota Wage Hike: Toyota, Panasonic, Nippon Steel and Nissan were among some of Japan Incs biggest names that agreed to fully meet union demands for pay hikes at annual wage negotiations that wrap on Wednesday.

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