Bangladesh's garment worker unions have rejected a 56 percent minimum wage increase made by a government-appointed board on Tuesday, saying it doesn't cover basic living expenses. On Wednesday, clashes with police erupted in a garment industry hub on the outskirts of Dhaka, leading to the death of one worker. In this edition, we take a look at the garment workers' demands and the crucial place that the sector occupies in the country's economy.

WeWork, the desk renting company co-founded by Adam Neumann, has filed for bankruptcy in order to deal with its $13 billion in outstanding lease obligations. The group, which was once valued at $47 billion, saw its meteoric rise thwarted in 2019 when its heavy losses were exposed and during the Covid-19 pandemic with the advent of remote work. Also in this edition, German restauranteurs worry about whether they'll be able to stay in business. Plus, Netflix's CEO gives an update on negotiations with striking actors.

Sam Bankman-Fried has been found guilty over his role in the collapse of FTX, the cryptocurrency exchange he founded. He's been convicted of seven counts of fraud and conspiracy and will be sentenced in March 2024. Also, Apple is suffering its most prolonged sales slump in more than a decade. European stock markets are rounding off a good week after central banks paused their interest rate hikes. Finally, the first global summit on AI safety has wrapped up in the UK.

Thousands of Bangladeshi garment factory workers have again taken to the streets to demand better wages and voice frustration with higher rent and bills. They're calling for the equivalent of €200 per month, with most currently earning €70. Plus, the Bank of England holds its main interest rate steady at 5.25 percent, saying rates could stay high for an "extended period of time". Finally, British Prime Minister Rishi Sunak hails agreements made at the world's first AI safety summit.

The US central bank maintains its pause on raising interest rates, while leaving the door open for future hikes, as inflation remains well above its 2 percent target. Also, 28 countries and the EU sign the "Bletchley Declaration" calling for international cooperation on ensuring AI safety. Plus the fate of FTX founder Sam Bankman-Fried lies in a jury's hands after the closing arguments in his fraud trial.

French President Emmanuel Macron has wrapped up a trip to Kazakhstan, where he called for the strengthening of France's partnership with the uranium-rich country. On Wednesday, Macron and his Kazakh counterpart signed a series of contracts, including ones involving the minerals and energy sectors. France derives most of its electricity from nuclear power, but geopolitical tensions with one of its top uranium suppliers, Niger, are seemingly prompting a drive for alternatives.

British Prime Minister Rishi Sunak hosts world leaders and tech executives at Bletchley Park to discuss the future of the AI industry. Also in this edition: office-sharing firm WeWork is reportedly close to filing for bankruptcy, and Greek olive oil producers face rising thefts as prices skyrocket.

General Motors has become the last of America's Big Three car makers to reach a deal with strikers, as the US auto industry bends to labour power after a summer of strikes across a range of sectors. Also, President Joe Biden on Monday signed an executive order on AI requiring developers to share safety test results. Plus, social media platform X – formerly Twitter – is currently valued at less than half of what billionaire tycoon Elon Musk paid for it just a year ago.

The United Auto Workers union has announced a tentative deal with General Motors to end a six-week walkout. It comes after the union clinched deals with Ford and Stellantis, the other two companies disrupted by industrial action at the "Detroit Three". Those agreements outline wage increases of roughly 25% over four-and-a-half years, plus other improvements to working conditions. US President Joe Biden hailed the news as an example of "worker power".

Former Chinese premier Li Keqiang died early this Friday from a heart attack at the age of 68, months after retiring from nearly a decade in office. When he took up his post, reformers had hoped Li would initiate bold economic change. Barclays even coined the term "Likenomics" to describe his broad economic vision. Ultimately, Li failed to implement significant reforms and in recent years was sidelined by President Xi Jinping, who steered the world's second-largest economy in a more statist direction. We take a closer look.