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However, pilots argue that this weakens their bargaining power and they want to negotiate collectively through a new joint European Employee Representative Council (EERC). Ashley Connolly, a union official, said: "Management's failed negotiating model has let down shareholders and tens of thousands of passengers whose flights were cancelled this year because company-controlled industrial relations proved incapable of recruiting and retaining enough pilots".
  • Reforms by government slows GDP growth rate in Q2 FY18

    Reforms by government slows GDP growth rate in Q2 FY18

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    Annual growth in consumer spending, which powers more than half of the $2.3 trillion economy, slowed to 1.5 percent in the September quarter from 6.7 percent in the previous quarter. Agriculture , forestry and fishing were relatively flat. " Demonetisation and GST's impact is behind us and hopefully in coming quarters, we can look for an upwards trajectory", he said.
  • Infosys board appoints Salil S Parekh as CEO and Managing Director

    Infosys board appoints Salil S Parekh as CEO and Managing Director

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    Prior to his work at Capgemini, where he has spent over 25 years, Parekh has also served as a partner at Ernst & Young, or EY, a multinational accounting firm and consultancy, according to his LinkedIn profile. Sikka, who joined from German software maker SAP in 2014, was the first outsider to be made CEO of the Bengaluru-headquartered company. Yet, Infosys has also somehow played it safe by anointing Parekh, who unlike Sikka, comes armed with plenty of experience of negotiating ...
  • German market evacuated after package with nails found

    German market evacuated after package with nails found

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    Police in the city of Potsdam said the package did not appear to include any parts for detonation, but wires and a firecracker without a fuse were found inside the cylindrical object. The country remains on high alert since the 2016 terror attack at a Christmas market in Berlin. Security has been stepped up at all markets across Germany ahead of that anniversary, and the looming first Advent weekend.
  • Computer Glitch Creates Pilot Shortage During Holiday Season

    Computer Glitch Creates Pilot Shortage During Holiday Season

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    A spokesman for the carrier told TMR that "we expect to avoid cancellations this holiday season", adding "we are working diligently to address the issue ... "The system went from responsibly scheduling everybody to becoming Santa Claus to everyone". The airline now offers daily flights from the Rochester International Airport to Chicago O'Hare International Airport.
  • Univ. of OR graduate students join National Walkout

    Univ. of OR graduate students join National Walkout

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    Under the new tax plan, these tuition waivers would be made taxable income, which would effectively increase taxes by about 31 percent for research assistants at UC Berkeley, according to an analysis of the bill. Students participate in a walk-out at the University of [f500link] Southern [/f500link] California on November 29, 2017. "The most dramatic effect would be felt by students from low-income groups, and those that accumulated a significant student loan burden prior to coming to ...
  • Arby's owner to buy Buffalo Wild Wings for $2.4 billion

    Arby's owner to buy Buffalo Wild Wings for $2.4 billion

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    Forbes forecasts the agreement will become official in early 2018 once the process is completed. The per-share offer is 38 percent higher than Buffalo Wild Wings' 30-day average stock price as of November 13, the last trading day before speculation about the merger began.
  • United Kingdom gov launches 'industrial strategy', including auto sector

    United Kingdom gov launches 'industrial strategy', including auto sector

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    Her 255-page white paper - which adopts a hands-on approach to business that had largely been abandoned since the time of Margaret Thatcher in the 1980s - is being seen as an attempt to define her administration beyond Brexit, while also charting a new vision for the United Kingdom as it prepares to leave the European Union.
  • Amazon founder Jeff Bezos is now worth $100 billion

    Amazon founder Jeff Bezos is now worth $100 billion

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    The Amazon founder's fortune surpassed $100 billion after increasing $2.4 billion this week, thanks to an increase in Amazon's stock price tied to expectations for booming Black Friday sales. Bezos has once again knocked Bill Gates off the top spot. Jeff Bezos is the world's newest $100 billion mogul. Bezos started 2017 as the fourth richest person in the world, and surpassed both Inditex (ZTSTF, +2.98%) founder Amancio Ortega and Berkshire Hathaway's Warren Buffet this year as well.
  • Stores Open Thursday, Friday in St. Michael-Albertville

    Stores Open Thursday, Friday in St. Michael-Albertville

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    Hours on Black Friday vary by location. Kroger supermarkets will be open until 5 p.m. Old Navy will open at 4 p.m. on Thanksgiving Day. Bass Pro Shops: Stores will have free crafts, free photos with Santa and other kids' activities Thanksgiving and Black Friday.
  • Caps on United Kingdom broadband speed claims

    Caps on United Kingdom broadband speed claims

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    Previously broadband providers could advertise "up to" speeds as long as they were available to at least 10% of customers. Today's decision, which will restrict advertising to speeds available to 50% of the customer base, will come into force on 23 May 2018 after a sixth-month implementation period.
  • Different Alcohol Types Have Different Effects On Your Mood

    Different Alcohol Types Have Different Effects On Your Mood

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    The study drew on data gathered by the Global Drug Survey , an independent research organisation, which runs annual self-funded surveys. Less than 1 in 5 (19 per cent) beer drinkers reported similar feelings. And 59 per cent of spirit drinkers reported feelings of confidence compared to 45 per cent of beer drinkers and just over a quarter of wine drinkers.
  • Uber data breach affects 57 mln users

    Uber data breach affects 57 mln users

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    He was not at the helm when it happened. It identified the individuals and obtained assurances that the downloaded data had been destroyed, according to the statement . The Uber chief said he only recently learned that outsiders had broken into a cloud-based server used by the company for data and downloaded a "significant" amount of information.
  • Tencent Passes Facebook in Market Valuation

    Tencent Passes Facebook in Market Valuation

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    Shares of Tencent set new record highs on Tuesday during Asian trading giving the company a HK$4.17 trillion market capitalization equal to $534.5 billion. Tencent the internet giant based in China passed Facebook in market value only one day after it became the first technology company in Asia to reach the valuation level of $500 billion.
  • Apple Acknowledges 'Illegal Overtime' Employment of HS Students

    Apple Acknowledges 'Illegal Overtime' Employment of HS Students

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    Another source says the local education ministry issued notices asking all vocational schools in the province to send "work experience students" to Foxconn . "The work has nothing to do with our studies", she continued, adding that she assembles up to 1,200 iPhone X cameras on a daily basis. According to its 2017 Supplier Responsibility report, Apple only found one underage worker-"a 15½ year old" where the legal working age is 16-in its supply chain audit, and the company moved quickly to ...
  • London buses to be powered by coffee grounds

    London buses to be powered by coffee grounds

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    Bio-bean and fuel partner Argent Energy processes this oil into a blended B20 biofuel. According to official figures in 2015, London's buses used 240 million liters of diesel fuel a year. Up to 50,000 tonnes of waste coffee grounds can be recycled in Bio-Bean's factory annually, with the coffee sourced through partnerships with coffee shops and factories across the UK.