Latest news with #securityfirms
Bloomberg
4 days ago
- Business
- Bloomberg
Colombia Firms Warn of Layoffs and Rising Costs From Petro's Labor Overhaul
Colombia's security firms and hospitals are warning of job cuts and surging costs as a knock-on effect of President Gustavo Petro's push to boost worker benefits. The overhaul, signed into law at the end of last month, provides earlier overtime pay, doubles their wages on Sundays and holidays and limits fixed-term contracts, among other changes. Doing all that increases the cost of formal employment and risks driving some cash-strapped companies to hire off the books.
Washington Post
14-07-2025
- Washington Post
Search ends for those missing after Yemen's Houthi rebels sink ship in Red Sea
DUBAI, United Arab Emirates — The search for those missing after Yemen's Houthi rebels sank a ship in the Red Sea has ended as at least four people are presumed dead and 11 others remain unaccounted for, the private security firms involved said Monday. The announcement came as satellite photos show long, trailing oil slicks from where the bulk carrier Eternity C sank, as well as another where the sinking of the bulk carrier Magic Seas by the Iranian-backed Houthis took place.
