Town Hall News

(Reuters) – North American pilots are pushing for better pay and working conditions during their talks over new employment contracts with company managements. Members at some unions have voted to authorize a strike if a new contract isn’t reached. The aggressive posture comes at a time of pilot shortages and a rise in public support for unions. The following is the status of contract negotiations at various companies: AMERICAN AIRLINES […]

NEW DELHI/BEIJING (Reuters) – China said on Friday that it is opposed to a G20 tourism meeting next week in the disputed Himalayan territory of Kashmir in India and will not attend. India, which holds the chair of G20 this year, has organised a series of meetings across the country in the run-up to the summit in New Delhi in September. “China is firmly opposed to holding any kind of […]

NEW DELHI/BEIJING (Reuters) – China said on Friday that it is opposed to a G20 tourism meeting next week in the disputed Himalayan territory of Kashmir in India and will not attend. India, which holds the chair of G20 this year, has organised a series of meetings across the country in the run-up to the summit in New Delhi in September. “China is firmly opposed to holding any kind of […]

(Reuters) – U.S. cloud-based restaurant manager Restaurant365 has turned a ‘unicorn’ after a $135 million funding round, the company said on Friday. The new round of funding was co-led by global investment firms KKR & Co Inc and L Catterton along with current investors, including ICONIQ Growth and Besemer Venture Parteners, the California-based company said. Start-up funding space, which is reeling from liquidity crunch since last year, has started to […]

By Aziz El Yaakoubi and Samia Nakhoul JEDDAH, Saudi Arabia (Reuters) – Syrian President Bashar al-Assad was given a warm welcome at an Arab summit on Friday, winning a hug from Saudi Arabia’s Crown Prince at a meeting of leaders who had shunned him for years, in a policy shift opposed by the U.S. and other Western powers. Assad, long ostracised by Arab states as he turned the tide of […]

By Aziz El Yaakoubi and Samia Nakhoul JEDDAH, Saudi Arabia (Reuters) -Syrian President Bashar al-Assad is in Saudi Arabia on Friday to attend an Arab summit where he will rub shoulders with leaders who shunned him for years, in a major policy shift opposed by the United States and other Western powers. Assad, long ostracised by Arab states as he turned the tide of Syria’s civil war with Russia’s help, […]

By Isla Binnie NEW YORK (Reuters) – U.S.-based bankers and money managers whose job titles include “ESG” or “sustainability” earn on average around 20% higher base salaries than colleagues of the same seniority without those labels, according to analysis of salary data shared with Reuters. More than $30 trillion in capital has been committed to environmental, social and corporate governance-related investments as the world looks to curb greenhouse gas emissions […]

By Munsif Vengattil and Aditya Kalra NEW DELHI (Reuters) – Tesla Inc is “serious” about its plans to establish a manufacturing base in India, the country’s deputy minister for technology told Reuters in an interview on Friday, a day after meeting senior executives of the electric vehicle maker. The Elon Musk led U.S. automaker held talks with Indian officials this week on various topics including incentives for car and battery […]

By Joey Roulette WASHINGTON (Reuters) – U.S. space officials are set on Friday to reveal a second company that would build a spacecraft to send astronauts to and from the moon’s surface, capping a high-stakes contest between groups that include Jeff Bezos’ space firm Blue Origin and defense company Northrop Grumman. NASA’s decision will give the agency a second ride to the moon under its Artemis program, after it awarded […]