financetom
Business
financetom
/
Business
/
Exclusive-BYD brought hundreds of Chinese workers to Brazil on irregular visas-inspector
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Exclusive-BYD brought hundreds of Chinese workers to Brazil on irregular visas-inspector
Jan 7, 2025 5:17 PM

Electric vehicle producer BYD brought hundreds of Chinese workers on irregular visas to build a factory in Brazil, a key labor inspector told Reuters on Tuesday, adding the company has pledged to comply with local labor laws for the workers remaining in the country.

A total of 163 of those workers, hired by BYD contractor Jinjiang, were found last month to be working in "slavery-like conditions."

All of them are leaving or have already left Brazil, said Liane Durao, who has spearheaded the probe announced in late December. She added that about 500 Chinese workers in total were brought into the country by BYD.

BYD and Jinjiang did not immediately reply to a request for comment. BYD has previously said it cut ties with Jinjiang, which disputes the charges by Brazilian authorities.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Immatics Says Anzu-cel Shows 'Strong' Anti-Tumor Activity in Uveal Melanoma Trial; Shares Rise
Immatics Says Anzu-cel Shows 'Strong' Anti-Tumor Activity in Uveal Melanoma Trial; Shares Rise
Oct 20, 2025
11:34 AM EDT, 10/20/2025 (MT Newswires) -- Immatics ( IMTX ) said Monday that updated data from 16 patients with metastatic uveal melanoma treated with anzu-cel PRAME cell therapy showed continued strong anti-tumor activity and durability of response. The company said data from the ongoing phase 1b trial evaluating anzu-cel show that the confirmed objective response rate was 67%, the...
Cumberland to Invest in RedHill Biopharma's Talicia Business
Cumberland to Invest in RedHill Biopharma's Talicia Business
Oct 20, 2025
11:36 AM EDT, 10/20/2025 (MT Newswires) -- RedHill Biopharma ( RDHL ) said Monday Cumberland Pharmaceuticals (CPIX) will invest $4 million for a 30% ownership stake in RedHill's global Talicia business. The companies will share in the financial performance and operational support for the Talicia brand, RedHill said. Talicia is approved for the treatment of helicobacter pylori infection. RedHill also...
Why Is Archer Aviation Stock Up?
Why Is Archer Aviation Stock Up?
Oct 20, 2025
Shares of Archer Aviation Inc. ( ACHR ) are rising Monday after the company announced a major partnership with Korean Air. What To Know: Korean Air selected Archer as its exclusive partner to introduce Electric Vertical Take-Off and Landing, or eVTOL, aircraft in Korea. The deal includes the potential for Korean Air to purchase up to 100 Midnight aircraft to...
Factbox-Trump's tariffs: What's in effect and what could be in store?
Factbox-Trump's tariffs: What's in effect and what could be in store?
Oct 20, 2025
WASHINGTON (Reuters) -U.S. President Donald Trump has launched a global trade war with an array of tariffs that target individual products and countries.  Trump has set a baseline tariff of 10% on all imports to the United States, as well as additional duties on certain products or countries.  Here is a list of targeted tariffs he has implemented or threatened...
Copyright 2023-2026 - www.financetom.com All Rights Reserved