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Talks to be held over British Airways cabin crew strike

Talks aimed at averting a British Airways cabin crew strike over Christmas are to be held on Monday, conciliation service Acas says. Members of the Unite union are due to walk out on Christmas Day and Boxing Day in a row over pay and conditions. An Acas spokesman said BA and Unite had accepted their invitation to attend conciliation talks ... 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 »

JD Sports to investigate ‘worse than prison’ working conditions after undercover exposé

JD Sports announced an investigation into conditions at its main warehouse after an undercover film showed workers “treated like scum” and allegedly paid less than the minimum wage. The company said it was “deeply disappointed and concerned” by footage broadcast on Channel 4 News that showed staff complaining that conditions were “worse than a prison”. On Wednesday the company said ... Read More »

Tsipras will put pensioner bonus to Greek parliament

pped a rise in VAT for residents of Aegean islands to help relieve the economic pressure caused by an influx of migrants. A spokesman for Jeroen Dijsselbloem, the head of the Eurogroup – the eurozone finance ministers who have been negotiating with the Greek government over its massive debts – said the Greek government’s action appeared “to not be in ... Read More »

Pressure grows to refer Rupert Murdoch’s Sky bid to Ofcom

Ministers are declining to comment on the deal, but Bradley will have to take a quasi-judicial decision on whether to ask Ofcom for an adjudication within 10 days of being formally notified of the proposal. Matthew Hancock, Bradley’s deputy minister at the Department for Culture, Media and Sport, said he could only reassure MPs that the culture secretary was a ... Read More »

Monte dei Paschi races to raise €5bn cash by end of year

Italy’s Monte dei Paschi bank has said it will try to raise €5bn (£4bn; $5.3bn) from investors by year end as it races to avoid a state rescue. In a statement, the world’s oldest bank said it would stick to the recovery plan it outlined on 25 October, which includes issuing new shares. The bank had sought a three-week extension ... Read More »

Qantas to fly from London to Australia non-stop

Passengers will be able to fly from London to Australia non-stop when airline Qantas launches its new service from March 2018. Australia’s national carrier says it will connect Perth, in the west of the country, to the UK capital using Boeing 787-9 Dreamliners. The 9,000 mile (14,498km) flight will take 17 hours. Perth will be a hub for passengers from ... Read More »

ECB’s Villeroy: can’t compare Italy “No” vote to Brexit

Italian voters’ defeat of a referendum on constitutional reforms cannot be compared to Britain’s vote to leave the European Union, European Central Bank policymaker Francois Villeroy de Galhau said on Monday. Policymakers will still look closely at the consequences of Italy’s decision, Villeroy, who is also governor of the Bank of France, said at a seminar in Japan. Villeroy also ... Read More »

Starbucks boss Howard Schultz to step down

The chief executive of the Starbucks coffee chain, Howard Schultz, will step down from his post next year. Mr Schultz will become executive chairman and will change his focus to growing new Starbucks luxury brands. He will be replaced by the current number two, Kevin Johnson, who has been on the board for seven years. Mr Schultz, who has been ... Read More »

Easy Ways to Improve Your Home

Selling your old house? Planning to remodel your house? A house truly belongs to you not when you sign the bond, but only after you customize it to your exclusive lifestyle. You need not rely on a handyman every time for altering or improving your home. Whether you’re planning to sell your house, or want to alter it to your ... Read More »