Cash deal with PE firm Altor and minority shareholders Will boost Nordic presence, DNB CFO says No job cuts expected, deal to finalise in H1 2025 STOCKHOLM, Oct 21 (Reuters) – Norway’s largest bank DNB (DNB.OL), opens new tab has agreed to buy Swedish investment bank and asset manager Carnegie …
Read More »Travel and lodging firm Viad to sell events unit for $535 million
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 resume vote on deal with postal company on June 22
June 19 (Reuters) – The largest union of UK’s Royal Mail will resume voting on an agreement reached with the British postal firm on June 22, after updating its terms to focus on restoring the quality of services and increasing the one-off lump sum payout to employees. The Communication Workers …
Read More »UK’s Royal Mail CEO Thompson to step down after union clash
May 12 (Reuters) – Royal Mail’s CEO Simon Thompson plans to step down later this year, saying it was the “right time” for the company to move forward under new leadership, as the British postal group tries to draw a line under a lengthy pay dispute. Parent company International Distributions …
Read More »Royal Mail, CWU agree to extend negotiations over pay
March 13 (Reuters) – Royal Mail and the Communications Workers Union (CWU) have agreed to extend talks in order to try and reach an agreement over pay and employment terms, the postal company and the CWU said in a joint statement on Monday. More than 110,000 postal workers at Royal …
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 teachers and civil servants join mass strike on ‘Walkout Wednesday’
Tens of thousands of teachers march in London Prime Minister Sunak condemns strike Government says big pay rises will fuel inflation Schools shut, most trains not running LONDON, Feb 1 (Reuters) – Up to half a million British teachers, civil servants, and train drivers walked out over pay in the …
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