Rajeev Chandrasekhar meets Johnson, talks India-UK ties in innovation, tech

Minister of State for IT Rajeev Chandrasekhar met UK Prime Minister Boris Johnson on Friday and discussed future collaborations and partnerships between India and the UK in innovation and technology sectors, according to an official release. Briefing reporters later, Chandrasekhar said both India and the UK want to dramatically … Read more

Huntsman in talks to sell textiles business to SK Capital – Bloomberg (NYSE:HUN)

Huntsman (NYSE:HUN) is in advanced talks to sell its textiles unit to private equity firm SK Capital Partners in a deal that would value the business at less than $1B, Bloomberg reported on Tuesday. The textile unit, which is headquartered in Singapore, totaled ~$100M in adjusted EBITDA in 2021. SK Capital could combine the unit … Read more

Cushman & Wakefield, Newmark said not in any deal talks – report (NYSE:CWK)

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Iran and EU herald fresh talks to revive nuclear accord in ‘coming days’

Iran and the EU said talks to revive the 2015 nuclear accord between the Islamic republic and leading global powers would restart “in the coming days”, beginning with indirect talks between Tehran and the US. “We are ready to resume the talks,” Hossein Amirabdollahian, Iran’s foreign minister, said on Saturday at a joint press conference … Read more

Third rail strike to cripple services across Britain as talks fail to reach deal

British train passengers will experience a third one-day rail strike on Saturday after talks between the owner of the industry’s infrastructure and the RMT union failed to yield a breakthrough. Negotiations over pay and working conditions continued on Friday between the RMT and Network Rail but no agreement was reached. Transport secretary Grant Shapps on … Read more

RBI examining PPI credit, BNPL models; in talks with fintechs on concerns

The Reserve Bank of India (RBI) is examining the practices and models of prepaid payment instruments (PPI) and Buy Now Pay Later (BNPL) service providers days after the central bank reiterated its stance that regulated activities that require license cannot be practiced by fintech players, without authorisation, under the garb of innovation. … Read more

Bank unions defer June 27 strike as IBA agrees to initiate talks

Bank unions on Thursday deferred their proposed June 27 strike as Indian Banks’ Association (IBA) agreed to initiate negotiation talks on their demands. The United Forum of Bank Union (UFBU), an umbrella body of nine bank unions, including All India Bank Officers’ Confederation (AIBOC), All India Bank Employees Association … Read more

U.S. oil refiners to meet Biden officials in high-stakes price talks By Reuters

2/2 © Reuters. Cargo shipping containers are seen in a storage yard surrounded by petroleum storage tanks and oil refineries in Carson, California, U.S., March 11, 2022. Picture taken March 11, 2022. Picture taken with a drone. REUTERS/Bing Guan 2/2 By Jarrett Renshaw and Laura Sanicola (Reuters) – Major U.S. oil refiners will meet with … Read more

UK rail disruption continues as talks resume in effort to end strike

Rail passengers across Britain experienced further disruption on Wednesday — a day after the biggest transport strike in a generation — as the government urged the industry to “hold the line” in negotiations with the RMT union. Only about 60 per cent of services are expected to run on Wednesday as the industry resets after … Read more