German wage deal agreed, averts public-sector strike

German wage deal agreed, averts public-sector strike


German wage deal agreed, averts public-sector strike

Posted: 30 Mar 2012 10:51 PM PDT

German Interior Minister Friedrich and the head of the Verdi labor union Bsirske attend wage negotiations for public service employees in PotsdamPOTSDAM, Germany (Reuters) - Two million German public-sector workers will get a pay rise of 6.3 percent over a 24-month period, according to the government official leading the talks, ending a labor dispute that disrupted services across Germany in recent weeks. Interior Minister Hans-Peter Friedrich, who had led the negotiations with the Verdi union on behalf of the government, announced the breakthrough shortly before 7 a.m. (1 a.m. EDT) on Saturday after all-night negotiations in Potsdam, a suburb of Berlin. ...



Cruise ship drifting after fire off Philippines

Posted: 30 Mar 2012 10:42 PM PDT

A cruise ship with about 1,000 people on board was drifting in waters south of the Philippines after a fire disabled its engines, the Philippine coast guard said Saturday. Five crew members were injured.


China punishes websites over 'coup rumours'

Posted: 30 Mar 2012 11:08 PM PDT

Sixteen websites shut down, two social media sites penalised and six people arrested, according to the government.


Indonesian parliament delays fuel price rise

Posted: 30 Mar 2012 10:43 PM PDT

Legislators vote to cut subsidies in August but only if price of crude rises above $120 a barrel, after mass protests.


German wage deal agreed, averts public-sector strike

Posted: 30 Mar 2012 10:51 PM PDT

POTSDAM, Germany (Reuters) - Two million German public-sector workers will get a pay rise of 6.3 percent over a 24-month period, according to the government official leading the talks, ending a labor dispute that disrupted services across Germany in recent weeks.


Malians back coup as rebels gain ground

Posted: 30 Mar 2012 10:33 PM PDT

Thousands rally in support of army as Tuareg rebels seize more towns, but ECOWAS rejects coup leader's appeal for help.


The Flow of Mobile Content Will Need to Be Engineered to Avoid a Data-geddon

Posted: 30 Mar 2012 10:45 PM PDT

When we think of an internet apocalypse we tend to think of evil hacker worms or eruptive sunspot activity. We don?t think about business as usual, but that?s exactly what might get us in trouble with mobile data. Starting with high resolution retina displays on the iPad (and soon on the iphone), spurred on by ...


China Bans Comments On Popular Twitter-Like Services Until April 3

Posted: 30 Mar 2012 09:58 PM PDT

China today banned users of the country's two popular Twitter-like microblogs from making comments on posts until April 3. Announcements about the ban were posted this morning for users of Weibo, run by U.S.-listed Sina, and t.qq.com, operated by Hong Kong-listed, Shenzhen-based Tencent. The state-run Xinhua news service in a report today said the two ...


5 Ways to See If Your Business Integrity is Showing

Posted: 30 Mar 2012 09:23 PM PDT

As an entrepreneur, your personal integrity is critical for getting and keeping the support of investors and team members, and your company's integrity is critical for getting and keeping customers and vendors. But in a practical sense, what does that really mean? Most definitions of integrity include something like "the quality of being honest and ...


Analysis: Saudi summer oil burn should decline this year

Posted: 30 Mar 2012 08:40 PM PDT

DUBAI/KHOBAR (Reuters) - Saudi Arabia is likely to burn less crude in its power plants this summer thanks to rising output from dedicated gas fields and gas that would be associated with any increase in oil output to make up for lower Iranian production. Last summer the world's leading oil exporter burned an average of 730,000 barrels a day (bpd) of crude for electricity to keep the population cool in the hottest months from July to the end of September, official figures indicate. ...


China punishes social media, websites on coup talk

Posted: 30 Mar 2012 09:42 PM PDT

China is closing a dozen websites, penalizing two popular social media sites and detaining six people for circulating rumors of a coup that rattled Beijing in the midst of its worst high-level political crisis in years.


Venezuelan authorities shut down 4 radio stations

Posted: 30 Mar 2012 04:41 PM PDT

Venezuelan regulators shut down four radio stations on Friday for allegedly operating without licenses, including one run by a brother of a state governor on the outs with President Hugo Chavez.


Clinton meets with Gulf nations over missile defense

Posted: 30 Mar 2012 08:11 PM PDT

RIYADH, Saudi Arabia —The Obama administration is moving to strengthen its ties with Persian Gulf nations whose geography and oil resources have already made them key players in U.S. defense and energy security.

Read full article >>

Add to Facebook Add to Twitter Add to Reddit Add to StumbleUpon


Analysis: Saudi summer oil burn should decline this year

Posted: 30 Mar 2012 08:40 PM PDT

DUBAI/KHOBAR (Reuters) - Saudi Arabia is likely to burn less crude in its power plants this summer thanks to rising output from dedicated gas fields and gas that would be associated with any increase in oil output to make up for lower Iranian production.


Apple Labor Pact to Ripple Across China

Posted: 30 Mar 2012 07:35 PM PDT

Manufacturers grappling with rising labor costs and worker demands in China could face further pressure if a critical probe of a major Apple supplier sets a new standard for China's factory workers.


Sina, Tencent Shut Down Commenting on Microblogs

Posted: 30 Mar 2012 07:48 PM PDT

Chinese Internet companies Sina and Tencent shut down commenting services on microblogs until Tuesday, a move that follows a government crackdown on websites it accused of spreading rumors.


Clinton Discusses Mideast Concerns With Saudi King

Posted: 30 Mar 2012 08:57 PM PDT

Secretary of State Clinton met with Saudi Arabia's King Abdullah in a bid to unify their two countries on issues ranging from Iran's nuclear program to ways to maintain the stability of global oil prices.


Siblings' Arrests Hit Firm's Shares

Posted: 30 Mar 2012 08:56 PM PDT

Nearly $5 billion in market value was wiped out from Sun Hung Kai Properties as investors dumped the property titan's shares following the arrests of its chairmen on suspicion of corruption.


Batman on Route 29

Posted: 30 Mar 2012 09:03 PM PDT

You?ve probably heard about Batman getting pulled over on Route 29 ? now you need to read the full story. So, what can we do to help Lenny Robinson carry on doing what he does so well? Suggestions please ?


U.S. expresses concern about treatment of envoy to Russia

Posted: 30 Mar 2012 08:02 PM PDT

The Obama administration has told the Russian government that it is concerned about the harassment of U.S. Ambassador Michael McFaul, who suggested this week that his phone and e-mail account may have been hacked, allowing journalists from state-controlled television to track him.

Read full article >>

Add to Facebook Add to Twitter Add to Reddit Add to StumbleUpon