A big challenge in talks between Chancellor Angela Merkel’s conservatives and the centre-left Social Democrats is to find a way to mend the battered reputation of Germany’s mighty car industry after a diesel scandal and meet climate targets.REUTERS | January 11, 2018, 08:37 IST
Author: Economic Times of India Online News
German union IG Metall to step up strike action ahead of wage talks
By Maria Sheahan FRANKFURT, – Powerful German union IG Metall said it would step up industrial action ahead of a round of negotiations with employers as it pushes for higher wages and the right to shorter hours for 3.9 million German workers. “We have started with warning strikes and will widen them in the coming… Continue reading German union IG Metall to step up strike action ahead of wage talks
LeEco repays part of China Merchant Bank debt
LeEco has repaid part of this debt after selling shares in its smartphone affiliate Coolpad Group SHANGHAI: LeEco has repaid HK$807 million ($103.20 million) of a debt owed to China Merchants Bank and will seek to negotiate with the creditor to secure the release of some of its frozen assets, the wife of the embattled… Continue reading LeEco repays part of China Merchant Bank debt