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SpaceX Sues US Labor Board Over Fired Employees Case (www.bloomberg.com)

SpaceX Sues US Labor Board Over Fired Employees Case::SpaceX sued the US labor board in federal court on Thursday, arguing that a complaint against the Elon Musk-led company for firing employees should be put on hold because the agency’s structure is unconstitutional.

Indonesia to impose up to 200% tariffs to counter cheap textile imports from China after protests of Indonesian workers (www.bloomberg.com)

Indonesia is preparing to impose tariffs and use other means to protect its textile industry from imports from China, the latest in a series of countries and blocs such as the US and the European Union, which are responding to the flood of goods out of the world’s largest manufacturing nation....

China’s credit engine, which once powered industries and markets all over the world, is stuck in low gear – and set to stay there (www.bloomberg.com)

Data for May due this week is forecast to show a resumption of loan growth after a shock contraction in April, the first for almost two decades. But nobody expects a return to the days when Beijing would engineer borrowing booms to speed up the world’s second-biggest economy....

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