Tag Archives: talks

Trump’s tricky talks: five world leader meetings to watch at the Apec summit

Donald Trump arrives in Da Nang on Friday, a seaside resort chosen by Vietnam to hold the Asia-Pacific Economic Cooperation (Apec) conference. The resort will be filled with other world leaders and offers up the possibility of some unpredictable meetings. Russian president Vladimir Putin Trump’s relationship with the Russian president is a colossal issue in Washington. Any meeting will… Read More »

Airtel Said to Be in Talks With Handset Companies for Rs. 2,500 4G Smartphone to Rival Jio Phone

India’s largest telecom operator, Bharti Airtel, is in talks with multiple handset makers to bring a 4G smartphone for a price as low as Rs. 2,500-2,700 to take on Reliance Jio. While Mukesh Ambani-led Jio has announced plans to offer Internet-enabled feature phone for a refundable deposit of Rs. 1,500, Airtel is placing its bet on a full-fledged smartphone as… Read More »

Body Shop sale moves closer as L’Oreal talks to Natura

French cosmetics group L’Oreal has begun “exclusive” talks with Brazilian make-up company Natura Cosmeticos over the sale of its Body Shop business. L’Oreal said that Natura had made a “firm” offer valuing the company at 1bn euros (£880m). Earlier this year, L’Oreal said it was reviewing its strategy for the chain, which it bought for £652m in 2006.… Read More »

Dutch four-way coalition talks collapse over migration

Negotiations to form the next Dutch government have collapsed as the four parties involved were unable to decide what to do about migration. Prime Minister Mark Rutte’s centre-right VVD party had sought to strike a deal with the liberal D66, the Christian Democrats and the Green-Left. The talks had been ongoing for 61 days since an election in… Read More »

Peugeot in talks to buy GM’s Vauxhall and Opel business

France’s PSA Group, maker of Peugeot and Citroen cars, is in talks about taking over General Motors’ (GM) loss-making European business Opel. PSA, which already works with GM in Europe on several projects, said a takeover was among “numerous strategic initiatives” being considered. Any deal would involve Opel’s UK arm Vauxhall, which employs 4,500 staff at plants at… Read More »

Peugeot-Vauxhall: UK and Germany raise concerns on deal talks

The UK and German governments are seeking to safeguard jobs in the potential merger of the Vauxhall and Peugeot carmakers. Ministers have raised concerns after PSA Group, maker of Peugeot cars, said it was in talks to buy General Motors’ loss-making European business Opel. Opel has thousands of workers at its plants in Germany and UK arm Vauxhall.… Read More »

UK consumers gloomy about 2017’s looming inflation and Brexit talks

British consumers are downbeat about the economy’s prospects next year, when higher inflation is likely to erode their spending power, a major survey showed on Thursday, despite signs that growth has remained robust since June’s Brexit vote. A big jump in households’ appetite to make major purchases helped market research company GfK’s monthly consumer sentiment index inch up… Read More »

Talks to be held over British Airways cabin crew strike

Talks aimed at averting a British Airways cabin crew strike over Christmas are to be held on Monday, conciliation service Acas says. Members of the Unite union are due to walk out on Christmas Day and Boxing Day in a row over pay and conditions. An Acas spokesman said BA and Unite had accepted their invitation to attend… Read More »

Italy president starts talks to seek way out of political crisis

Italy’s president began talks with political leaders on Thursday to seek a way out of the political crisis caused by the resignation of Prime Minister Matteo Renzi. Sergio Mattarella, a 75-year-old former constitutional court judge, must decide if someone can lead Italy to elections scheduled for 2018, or whether an interim government should serve until a snap vote… Read More »

Opec plans fresh oil price talks says energy minister

Oil producers in the Opec group of countries will make another attempt this week to reverse a slump in crude prices, according to Algeria’s energy minister. Noureddine Bouterfa said there would be an informal gathering of Opec members on the sidelines of an energy conference in Algiers on Wednesday. “We will not come out of the meeting empty-handed,”… Read More »