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Calls for completion of West Coast port talks
2015-01-20 13:18:00| Daily apparel & textile news and comment - from just-style.com
A group of industry associations has called on the two parties negotiating a new labour contract for US West Coast dockworkers to conclude their discussions and work to resolve congestion issues as soon as possible.
Talks underway on Myanmar minimum wage
2015-01-20 12:04:00| Daily apparel & textile news and comment - from just-style.com
Tripartite negotiations to set a minimum wage for Myanmar workers are under way, after the original deadline of December was missed following calls for further research.
Tags: minimum
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Google in talks to invest in SpaceX - report
2015-01-20 08:47:00| Telecompaper Headlines
(Telecompaper) Google is close to investing in rocket maker SpaceX, several people familiar with the talks told The Information. The purpose of a deal, which is still in the works, is to support the development of SpaceX satellites that could beam low-cost internet around the globe. The price and terms Google and SpaceX are discussing were not known, although one person familiar with them said Google had agreed to value SpaceX at more than USD 10 billion and that the size of the total round, which includes other investors, is very large. SpaceX's investors include Founders Fund, Draper Fisher Jurvetson and Valor Equity Partners. The company, which has been developing rockets to lower the cost of space travel, hasn't raised a primary round of funding in several years.
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Shadow chancellor Ed Balls is to join crisis talks over the North Sea oil and gas industry
2015-01-20 02:07:59| Oil & Gas - Topix.net
Shadow Chancellor Ed Balls will take part in talks with representatives of the oil and gas industry today during a day of action to address Scotland's oil "crisis". Labour has accused the governments in London and Edinburgh of "inaction" over the issue and said the pair will discuss what both administrations need to do to help the sector.
Telefonica in talks to sell O2 to Hutchison - report
2015-01-19 09:29:00| Telecompaper Headlines
(Telecompaper) Telefonica is in talks with Hutchison Whampoa about merging their subsidiaries Telefonica UK (O2) and 3 UK, a person with knowledge of the situation told the Financial Times. Telefonica has been examining various options for the future of O2 since summer 2014, and was in talks to acquire EE, which is now in due diligence to be bought by BT. Other potential partners for Hutchison include TalkTalk and Sky, the person said. Telefonica also has the option of floating O2 in the UK. Telefonica has been advised by UBS since last autumn. He added that there was no urgency to strike a deal as BT's acquisition of EE is not likely to be completed until 2016. According to analysts, Telefonica is likely to want over GBP 8 billion for its UK business and is said to prefer cash rather than shares in a merged group given its need to cut its debt. Hutchison Whampoa has been strengthening its European operations and has reached an agreement to buy Telefonica's business in Ireland and was in talks to merge its Italian operations with those of VimpelCom. Telefonica would not comment on the matter and Hutchison Whampoa was not available to comment.
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