Kumba Iron Ore(Kumba)announces with regret that talks with a group of illegal strikers occupying the Company's Sishen Mine,to get them to leave the mine,have not been successful. As a result,they will now be notified to attend ...
US retailer Safeway Inc has booked a decline in operating profit in the first half of the year. For the 24 weeks ended 16 June, operating profits slid to $437m, an 11.9% decline on the prior-year period. The retailer blamed the dedcline ...
Tags: Safeway Inc, operating profit, food market, food industry
Hostess Brands has won permission from the US Bankruptcy Court for the wind down of its business and the sale of its assets. A New York judge yesterday (21 November) approved the company's motion for the wind down after the firm was ...
Tags: bidders, assets, bakery union
Kumba Iron Ore has declared a general amnesty for the approximately 300 employees who have not yet returned to work after an unprotected and unlawful industrial action in October at Sishen Mine in the Northern Cape and whose employment was ...
Tags: Kumba Iron, Iron Ore, employment
A senior Iranian energy official said that the country will increase its oil storage capacity in the Persian Gulf by 8.1 million barrels with the construction of new storage facilities. Mr Mahmoud Zirakchian Zadeh MD of Iranian Offshore ...
Tags: Oil Storage, construction of new storage facilities, Persian Gulf
Soon after federal mediators were brought in to help reach an agreement between teams representing employers at the ports of Los Angeles (POLA) and Long Beach (POLB) and the International Longshore and Warehouse Union Local 63 Office ...
Tags: strike, Longshore, Warehouse, POLA, shipping line
Whether you're wheeling and dealing in China, or just trying to get a few yuan knocked off the price of the Mao bobblehead, there are a few points to consider to help your negotiations go smoothly. The concept of "saving face" is ...
Tags: bargaining, knock off, negotiations
A plan by a satellite carrier to make better use of its spectrum could open up an extra channel for Wi-Fi in the U.S.,though how and when consumers would get to use it isn't yet clear. The proposal that satellite operator Globalstar ...
Tags: US, Satellite Carrier, Wi-Fi, FCC, LightSquared, Dish Network, Globalstar
Kumba Iron Ore has declared a general amnesty for the approximately 300 employees who have not yet returned to work after the unprotected and unlawful industrial action in October at Sishen Mine in the Northern Cape,and whose employment was ...
Tags: Sishen, Kumba, Northern Cape
FedEx Express, a unit of FedEx Corp. (NYSE:FDX), and the Air Line Pilots Association, Int'l. (ALPA), the collective bargaining representative for FedEx Express pilots, jointly announced that they reached a tentative agreement (TA) on a new ...
Tags: FedEx Express, FedEx Corp, NYSE:FDX, Logistics, service
A highly anticipated patent infringement case between Apple and Motorola Mobility was dismissed Monday by a federal court judge in Wisconsin,hours before the trial was due to begin. The two companies were arguing over license rates for ...
China has a rich supply of rare earths and its production accounts for 90% of the world's total production. Japan has relied heavily on rare earths from China, and in 2010 80% of rare earths used in Japan came from China, according to ...
Tags: Rare Earth
It's probably fair to ask why Japanese electronics maker Sharp--deep in debt and red ink,cutting workers and salaries,awash in excess inventory in the brutal LCD market--is actively promoting a line of talking vacuum cleaners. But the ...
In the business industry,skills in negotiations are used in order for two parties to be able to attain compliance.In the process of importing furniture from China for example,it functions as a strategy for bargaining.But,it is likewise ...
Tags: Furniture, Import, Negotiation Technique, Furnishing
´ Since the second half of 2011, the growth of China’s import and export trade has slowed down. Weakness in the European Union, the United States, Japan and other markets has had a noticeable impact on foreign trade. In this ...
Tags: News&Press Release