straga/iStock via Getty Images European natural gas prices fell on Wednesday from four-month highs after Norway’s government intervened to end a strike of oil and gas workers that threatened to exacerbate the region’s supply shortage. According to CNBC, the European benchmark gas price at the Dutch TTF hub recently traded -2.5% at €161/MWh, after the … Read more
Scandinavian Airlines is voluntarily filing for Chapter 11 bankruptcy protection in the U.S., as a strike by its pilots due to an ongoing pay dispute has grounded half of the carrier’s flights. The airline stressed that the Chapter 11 move was part of its financial restructuring plan, known as SAS Forward, and that it was … Read more
OSLO — The Norwegian government on Tuesday intervened to end a strike in the country’s energy sector that had cut oil and gas output, a union leader and the labor ministry said. Read More Source link
Scandinavian Airlines has filed for bankruptcy protection as it warned a crippling pilots’ strike was deepening its long-running financial troubles. SAS filed for protection in the US on Tuesday, a process that will allow it to continue flying while it restructures its finances. Shares in the group tumbled nearly 15 per cent to SKr0.53 by late … Read more
rlesyk/iStock Editorial via Getty Images Canadian National Railway (NYSE:CNI) and the International Brotherhood of Electrical Workers, the union representing 750 signal and communication workers, said Monday they agreed to enter binding arbitration, ending a two-week strike. CN Rail said the workers, who went on strike in a dispute focused primarily on wages and benefits, will … Read more
Article content MONTREAL, July 04, 2022 (GLOBE NEWSWIRE) — CN (TSX: CNR) (NYSE: CNI) is pleased to announce that the International Brotherhood of Electrical Workers (IBEW) has agreed to binding arbitration, bringing the strike to an end at 00:01 EDT on July 5, 2022. Employees in Signals and Communications will return to their roles at … Read more
The head of the UK train drivers’ union has warned of “massive” disruption this summer as his members vote on their first national strike since 1995, with walkouts over pay set to compound Britain’s travel chaos. The ballot on industrial action from Aslef, which represents drivers, coincides with a similar vote by staff in stations … Read more
Breadcrumb Trail Links PMN Business Author of the article: Reuters Gwladys Fouche and Terje Solsvik Article content OSLO — Norwegian offshore workers will likely go on strike on Tuesday in a stoppage that will cut oil and gas output as the negotiating parties have not made progress, the union and the lobby representing oil companies … Read more
This section is Partnership Content supplied The content in this section is supplied by GlobeNewswire for the purposes of distributing press releases on behalf of its clients. Postmedia has not reviewed the content. by GlobeNewswire Breadcrumb Trail Links GlobeNewswire Author of the article: Article content SURREY, British Columbia, July 04, 2022 (GLOBE NEWSWIRE) — Nearly … Read more
Four persons were killed and seven others injured in separate incidents of lightning strike in Uttar Pradesh’s Sitapur district. According to reports, Sampat, 32, and his wife Bhula Devi, 30, died on Sunday evening after they were struck by lightning while sowing paddy in a field in Semra Nagrauli … Read more