Tag Archives: Agrees

U.S. gun lobby agrees to target ‘bump stocks’ after Las Vegas massacre

The Mandalay Bay Hotel and Casino, that Stephen Paddock fired from, is seen in the evening in Las Vegas, Nevada.   | Photo Credit: AFP The carnage on Sunday night across the street from the Mandalay Bay hotel ranked as the bloodiest mass shooting in modern U.S. history. The United States gun lobby, which has seldom embraced new firearms control measures, voiced its ... Read More »

UK wage growth outpaces inflation

Wages grew faster than the rate of inflation at the end of 2016, official figures show. In the three months to December, wages grew 2.6% on an annualised basis in the UK, according to the Office for National Statistics (ONS). However, that was slower than the previous period, leading analysts to suggest households could face a “squeeze” on spending later ... Read More »

Lufthansa agrees pay deal with pilot union

Lufthansa has struck a deal to solve a five-year-long dispute with pilots that has cost it millions of euros. Germany’s largest airline and the Cockpit union have agreed upon an arbitrator’s proposal for a new wage agreement that covers about 5,400 pilots. The firm has agreed to a four-stage 8.7% total wage increase and a one-off 30m-euro (£25.5m) payment. That ... Read More »

Murdoch’s Fox agrees 11.69 billion pounds deal to buy Sky and bolster empire

Rupert Murdoch’s Twenty-First Century Fox has struck a $14.6 billion (11.69 billion pounds) deal to buy European pay-TV firm Sky that consolidates a media empire across two continents and helps it take on rivals like Netflix in the battle for viewers. Fox, which announced a preliminary deal on Friday, said it would pay 10.75 pounds per share – or 11.6 ... Read More »

Toyota agrees to $3.4bn rust dispute settlement in US

The world’s biggest carmaker, Toyota, has agreed to settle a US Federal class action for up to $3.4bn (£2.7bn). It was brought by US owners of pickup trucks and SUVs whose claimed their frames could rust through. The proposed settlement covers 1.5 million Tacoma compact pickups, Tundra full-size pickups and Sequoia SUVs. Court papers alleged that the vehicles had received ... Read More »

BlackRock agrees to sell Singapore office tower to Qatar fund for $2.5 billion

BlackRock Inc (BLK.N) has agreed to sell a 43-storey office building in Singapore to Qatar Investment Authority, a sovereign wealth fund, for S$3.4 billion ($2.5 billion), in what the U.S. firm said was the largest-ever single-tower real estate deal in the Asia-Pacific region. Asia Square Tower 1, located in the city-state’s financial district, has over 1.25 million square feet of ... Read More »

Deutsche Bank Confirms Silver Market Manipulation In Legal Settlement, Agrees To Expose Other Banks

Back in July of 2014, we reported that in an attempt to obtain if not compensation, then at least confirmation of bank manipulation in the precious metals industry, a group of silver bullion banks including Deutsche Bank, Bank of Nova Scotia and HSBC (later UBS was also added to the defendants) were accused of manipulating prices in the multi-billion dollar ... Read More »