South Korea dodges an industrial strike, as government and union negotiators agree to terms aimed at ending an illegal walkout by power workers, protesting a plan to privatize the utilities sector. Auto workers from Hyundai Motor Co. Ltd., Kia Motors Corp. and Ssangyong Motor Co. Ltd. were some of the first union members who declared their support for the 4,000 power workers at Korea Electric Power Corp., and they had threatened to join in a sympathy strike. However, plans to close down ...
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