Archive for December 8th, 2007


Two French rail unions announce new strike

Posted by UK Economy News
In Uncategorized
8Dec 07

Two French rail unions, including the biggest, on Saturday announced a new nationwide 24-hour strike next week to push for more concessions in ongoing talks over pension reform.
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The head of troubled Italian airline Alitalia gave his implicit backing to an Air France-KLM rescue package, in an interview Saturday with Italian newspaper Corriere della Sera.
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Thousands of migrant workers have rallied in pouring rain in the Northern Marianas to protest a new US labour law that denies them the right to change employers.
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Russian bank VTB is to go ahead with selling its five-percent stake in EADS, probably by year's end, Russian news agencies quoted VTB chief executive Andrei Kostin as saying on Saturday.
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Tensions over proposed new trade rules surfaced Saturday at a landmark summit hosted by the European Union, with Africa telling its former colonial masters it would resist pressure for a hasty agreement.
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China's central bank announced Saturday it will raise the bank reserve ratio requirement by a full percentage point to 14.5 percent on December 25.
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The PIN Group, a private postal services company which will announce layoffs of more than 1,000 of its 9,000 employees, could go bankrupt.
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Tensions over proposed new trade rules surfaced Saturday at a landmark summit hosted by the European Union, with Africa telling its former colonial masters it would resist pressure for a hasty agreement.
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Australia's new government will redouble efforts to secure a deal in the Doha round of international trade talks, the new trade minister said Saturday, but warned of tough times ahead.
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The Caribbean Community, including the Dominican Republic, has agreed to open up its markets to certain European goods, on the condition that entertainment workers from the region are allowed free access to Europe.
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