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Amazon to Hire 150,000 Workers Before Holiday Season

Amazon com Inc. plans to hire 150,000 people as part of its regular annual hiring spree to meet demand during the holiday shopping season. The hiring target Amazon announced Thursday is the same as it had last year and comes as the e-commerce company has been struggling with slower sales. Amazon said it would be hiring for full-time, seasonal and part-time positions. Read More...

Reuters

Russia may build alumina plant to cut costly dependence on China

Russia is considering building a plant to make alumina, used in aluminium production, to reduce its reliance on imports from China, which has risen since the start of the Russia-Ukraine conflict, a document seen by Reuters showed. One of the world’s largest aluminium producers, Russia secures 65% of its need for the intermediate product alumina through imports, mostly from China, a draft of the plan for development of Russia’s metals industry until 2030 said. Russia’s increased dependence on China’s alumina has driven up the production costs of aluminium and follows disruption of supplies from Ukraine and Australia since Feb. 24, when Moscow sent troops to Ukraine.

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