World Business Report

China is set to gradually raise its retirement age for the first time in decades, as the nation grapples with an ageing population and a shrinking pension fund. Under the new plan, men will retire at 63 instead of 60, while most women will work until 58, up from 55.Plus, it's a challenging period for aircraft manufacturer Boeing, as workers have overwhelmingly voted to strike over a contract and pay dispute.And Kenya's president William Ruto is in Germany to sign a labour agreement that will enable up to 250,000 skilled Kenyan workers to travel to and work in Germany.