Transport and logistics titan Magomedov was arrested in 2018 He and his brother subjected to 4 years pre-trial detention in notorious Lefortovo prison The brothers are appealing conviction and 19-year custodial sentence for alleged financial crimes Magomedov’s High Court conspiracy claim is one of the largest lawsuits ever brought in the English courts as he strives for… Continue reading Seladore Legal LLP: Jailed Russian businessman, Ziyavudin Magomedov files US$14 billion claim in the English High Court against TPG, DP World, Transneft, Rosatom and others, alleging Russian state-led conspiracy
Tag: Strategy
Infosys Launches Industry Cloud to Catalyse Digital Transformation of the Commercial Airline Industry
A first-of-its-kind industry offering, Infosys Cobalt Airline Cloud to revolutionize passenger experiences, drive operational efficiency, and contribute to the airline’s sustainability initiatives BENGALURU, India, Sept. 27, 2023 /PRNewswire/ — Infosys (NSE: INFY), (BSE: INFY), (NYSE: INFY), a global leader in next-generation digital services and consulting, today announced the launch of Infosys Cobalt Airline Cloud (ICAC) a… Continue reading Infosys Launches Industry Cloud to Catalyse Digital Transformation of the Commercial Airline Industry
@Ford: Ford Provides Update on UAW Contract Talks
Ford today shared an update on its negotiations with the UAW. The bottom line, from the company’s perspective: “If the UAW’s goal is a record contract, they have already achieved this,” said Ford President and CEO Jim Farley. “It is grossly irresponsible to escalate these strikes and hurt thousands of families.” Before the strike –… Continue reading @Ford: Ford Provides Update on UAW Contract Talks
Battle Over Electric Vehicles Is Central to Auto Strike
A battle between Detroit carmakers and the United Auto Workers union, which escalated on Friday with targeted strikes in three locations, is unfolding amid a once-in-a-century technological upheaval that poses huge risks for both the companies and the union. The strike has come as the traditional automakers invest billions to develop electric vehicles while still… Continue reading Battle Over Electric Vehicles Is Central to Auto Strike
U.A.W. Goes on Strike at 3 Plants in Midwest
Thousands of members of the United Automobile Workers union went on strike Friday at three plants in three Midwestern states in what was the first strike simultaneously affecting all three Detroit automakers. The union and the companies — General Motors, Ford Motor and Stellantis, the parent of Chrysler — remained deadlocked in negotiations over a… Continue reading U.A.W. Goes on Strike at 3 Plants in Midwest
U.A.W. Prepares for Limited Strike Against Detroit Automakers on Friday
Barely 24 hours before the contract deadline, the United Auto Workers leader said Wednesday that his members were prepared for a strike against the three Detroit automakers — first at a limited number of factories, with the walkout expanding if talks remain bogged down. The U.A.W. president, Shawn Fain, also ruled out any extension of… Continue reading U.A.W. Prepares for Limited Strike Against Detroit Automakers on Friday
Tesla quietly held ‘Installer Day’ amid move to rely more on third-party installers
Tesla quietly held an “Installer Day” amid a move to rely more on third-party installers for its energy business. Over the last year, we have been reporting on Tesla making a major change in strategy in its solar and energy storage business. Ever since Tesla acquired SolarCity in 2016 and turned it into its own… Continue reading Tesla quietly held ‘Installer Day’ amid move to rely more on third-party installers
Ford CEO says UAW is ‘holding the deal hostage’ over EV battery plants
Members of the United Auto Workers union picket outside the Michigan Assembly Plant in Wayne, Michigan, on Sept. 26, 2023. Matthew Hatcher | AFP | Getty Images DETROIT — The United Auto Workers union is holding up negotiations with Ford Motor over future electric vehicle battery plants, Ford CEO Jim Farley said during a press… Continue reading Ford CEO says UAW is ‘holding the deal hostage’ over EV battery plants
UAW announces new strikes at GM and Ford plants, spares Stellantis citing ‘momentum’ in talks
watch now DETROIT – The United Auto Workers union will expand strikes against General Motors and Ford Motor to two U.S. assembly plants at noon ET, UAW President Shawn Fain said Friday. The additional strikes will target Ford’s Chicago Assembly Plant in Illinois, which produces the Ford Explorer and Lincoln Aviator SUVs, and GM’s Lansing… Continue reading UAW announces new strikes at GM and Ford plants, spares Stellantis citing ‘momentum’ in talks
Automakers grow frustrated over pace of UAW negotiations as new strike deadline looms
Striking members of the United Auto Workers (UAW) picket outside the GM’s Willow Run Distribution Center, in Bellville, Wayne County, Michigan, U.S., September 26, 2023. Evelyn Hockstein | Reuters DETROIT – Tensions are rising and accusations are flying between the Detroit automakers and United Auto Workers, as the union threatens to expand U.S. plant strikes… Continue reading Automakers grow frustrated over pace of UAW negotiations as new strike deadline looms