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Lufthansa cabin crew union says pay talks have failed
November 1, 2015 by elegant · Leave a Comment
Talks between Lufthansa and its main cabin crew union have failed, the union said on Saturday, raising the prospect of more strikes at the German carrier. Lufthansa is in talks with various staff groups as it seeks to cut costs in order to compete better with low cost carriers and Gulf rivals. A long-running dispute with its pilots over pay and conditions has already resulted in more than a dozen strikes over a period of 18 months.
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Lufthansa cabin crew union says pay talks have failed
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ECB will do what is needed to keep inflation target on track: Draghi
November 1, 2015 by admin · Leave a Comment
By Stephen Jewkes MILAN (Reuters) – The European Central Bank (ECB) is ready to do what it takes to keep its medium-term inflation target on course, its head Mario Draghi said in a newspaper interview published on Saturday. Consumer prices in the 19-country euro zone slipped by 0.1 percent in September – far from the bank's aim of just below…
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ECB will do what is needed to keep inflation target on track: Draghi
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Italy court says no proof of wrongdoing in UniCredit mafia probe
November 1, 2015 by creative · Leave a Comment
An Italian court said on Saturday there was no proof to back up allegations that three executives at Italian lender UniCredit had helped a businessman who prosecutors claimed had links to the Sicilian mafia, according to a court document. Fabrizio Palenzona, Unicredit…
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Italy court says no proof of wrongdoing in UniCredit mafia probe
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ECB reveals capital hole in Greek banks as unpaid loans soar
November 1, 2015 by publisher · Leave a Comment
By John O'Donnell and Francesco Canepa FRANKFURT (Reuters) – Greece's banks need to raise more than 14 billion euros (10 billion pounds) of extra capital to cover mounting unpaid loans, the European Central Bank said on Saturday as it announced …
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ECB reveals capital hole in Greek banks as unpaid loans soar