NEW YORK, Oct 21 (Reuters) – Travel and lodging operator Viad Corp (VVI.N), opens new tab on Monday agreed to sell its events and conferences business GES to private equity firm Truelink Capital for $535 million, according to a statement seen by Reuters. The sale of GES would leave Viad …
Read More »Bollywood filmmaker Karan Johar’s studio sells 50% stake worth 10 bln rupees to vaccine maker’s CEO
Item 1 of 4 Director Karan Johar poses during a photo opportunity as he arrives to attend the engagement ceremony of Anant Ambani, son of Mukesh Ambani, the Chairman of Reliance Industries, and Radhika Merchant, daughter of Encore Healthcare CEO Viren Merchant, at Ambani’s Antilia residence in Mumbai, India, January …
Read More »What is the OceanGate Titan submersible and how does it work?
June 22 (Reuters) – The owner of the submersible that went missing during a tourist expedition to the Titanic’s wreckage said on Thursday it believed that the crew on board have “sadly been lost” after debris matching the missing sub was found on the ocean floor. Here are some facts …
Read More »Royal Mail’s largest union to suspend vote on deal with postal firm
May 24 (Reuters) – Royal Mail’s largest union warned on Wednesday it would suspend voting on an agreement reached with the British postal services firm last month over pay and worker terms, charging the firm of not abiding by some of the agreed-upon conditions. The Communication Workers Union (CWU) had …
Read More »UK’s Ofcom probes Royal Mail over failure to meet delivery target
May 15 (Reuters) – Ofcom, Britain’s communications regulator, said it launched a probe on Monday into Royal Mail’s failure to meet delivery targets in the past year, adding it would consider imposing a financial penalty. Royal Mail earlier said it did not meet delivery targets for 2022-2023, blaming union disputes …
Read More »UK’s Royal Mail and union reach pay and employment terms deal
April 15 (Reuters) – Britain’s Royal Mail and the Communication Workers Union (CWU) have reached a proposed agreement over pay and employment terms, which will be considered by the union’s executive before being voted on by members, the two sides said in a joint statement. More than 110,000 postal staff …
Read More »UK ambulance staff in Wales to stage strike on Monday
LONDON, Feb 17 (Reuters) – Around 1,500 ambulance workers in Wales will take strike action on Monday, joining some 10,000 others in England, after rejecting a new pay offer from the devolved Welsh government, trade union GMB said on Friday. The pay offer had amounted to an average 5.5% pay …
Read More »British PM Sunak explores public sector pay deal that backdates wage offer -FT
Feb 14 (Reuters) – British Prime Minister Rishi Sunak and finance minister Jeremy Hunt are considering a deal to end a wave of strikes among Britain’s public sector workers that would backdate next year’s pay rise, the Financial Times reported on Tuesday. Sunak and Hunt are mulling giving NHS staff …
Read More »UK’s Royal Mail workers call off 24-hour strike, union says
Feb 6 (Reuters) – Postal workers at Britain’s Royal Mail called off a planned 24-hour strike over pay next week after receiving legal challenges by the company, the Communication Workers Union (CWU) said on Monday. Lawyers have advised that the union could defend its position in court, CWU said in …
Read More »UK’s Royal Mail workers to strike for 24 hours on Feb. 16, union says
LONDON, Feb 2 (Reuters) – Postal workers at Britain’s Royal Mail will strike for 24 hours on Feb. 16 in a long-running dispute over pay, the CWU (Communication Workers Union) said on Thursday. “We have served notice on Royal Mail Group for a 24-hour strike commencing for all shifts starting …
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