Strikes
German private bank staff win 10.5% pay increase after strikes
GERMAN private bank staff have struck a deal with employers for a 10.5 per cent pay increase to cope with rising living costs, union and bank representatives said on...
German bank staff win 10.5% pay increase after strikes
GERMAN private bank staff have struck a deal with employers for a 10.5 per cent pay increase to cope with rising living costs, union and bank representatives said on...
Honeywell strikes US$2 billion deal to buy aerospace and defence firm CAES Systems
Honeywell has agreed to buy aerospace and defence technology company CAES Systems for roughly US$2 billion from private equity firm Advent International, The Wall Street Journal reported on Thursday...
Goldman strikes US$43 billion investing deal for UPS pension funds
Goldman Sachs Group clinched a US$43 billion mandate to invest pension fund assets of parcel-delivery company UPS, in one of the largest deals of its kind. The investment mandate...
Lufthansa to cut costs, stop projects as strikes hurt profit
Deutsche Lufthansa said it will initiate a cost-cutting drive at the namesake airline business that includes freezing projects and review hiring in some areas after Europe’s largest carrier was...
Asia: Oil surges, equities sink as Israel strikes on Iran fan Middle East escalation fears
OIL prices rallied and equities sank on Friday as reports said explosions had been heard in Iran and Syria, fuelling fears of an escalation of the Middle East crisis...