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CN plans unilateral contracts modifications after talks with Unifor fail

2015-02-18 21:43:05| Railroads - Topix.net

Canadian National Railway says it plans to unilaterally modify some terms of its collective agreement with Unifor after talks with the union broke down on the weekend. CN president and CEO Claude Mongeau says the changes, including a two per cent wage increase, will be implemented Friday.

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Wind, 3 Italia set to resume merger talks - report

2015-02-17 15:00:00| Telecompaper Headlines

(Telecompaper) Hutchison Whampoa and VimpelCom are set to resume negotiations about a possible merger of their respective Italian mobile phone units, 3 Italia and Wind Telecomunicazioni, according to unnamed sources cited by Italian daily Il Giornale. Executives from the two parent companies met at the offices of Deutsche Bank in London on 16 February to resume talks that were called off by Vimpelcom in October, said the sources. The companies had been holding on-off talks since December 2013, with Wind's debt of around EUR 9.5 billion representing the main a hurdle to a deal. Wind is currently the third largest mobile operator in Italy behind Telecom Italia (TIM) and Vodafone, with 3 Italia coming in fourth. A merger would create a company with around 33 million customers and annual revenues of some EUR 7 billion.

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Greek stocks fall as EU talks stall

2015-02-17 11:06:13| BBC News | Business | UK Edition

The stock market in Greece falls by more than 4% after European finance ministers fail to reach a new deal to restructure the country's debts.

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FTSE falls after Greece talks fail

2015-02-17 10:19:14| BBC News | Business | UK Edition

The FTSE 100 falls in early trade as investors react to the collapse of talks over Greece's bailout.

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Asian shares lower on Greece talks

2015-02-17 03:03:23| BBC News | Business | UK Edition

Asian shares traded lower after talks between Greece and eurozone ministers broke down when it rejected an extension of its bailout programme.

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