GOOD FAITH NEGOTIATION
Apple Store employees in Maryland, US, may see its first-ever strike, here are the demands
CORE-represented Apple store workers in Towson, Maryland, have authorized a potential strike against Apple. The union seeks better wages, benefits, and scheduling following year-long negotiations, while Apple emphasizes its compensation and benefits.
Finally, some good news at the WTO
For more than a year now, the diplomats responsible for reforming the WTO have been trying out a new way of doing business, with remarkable results.
G-33 ministers call for meaninful outcome on agri negotiations at World Trade conference in Abu Dhabi
Ahead of the World Trade Organization's (WTO) 13th Ministerial Conference (MC13) in Abu Dhabi, the G-33 group, including India, has urged members to achieve an outcome on public stockholding for food security purposes. The G-33, representing 47 developing and least developed countries, emphasized the need for a rules-based, non-discriminatory, and transparent trading environment to address global food security challenges.
We're going to reach a deal that is balanced: Dr Thani bin Ahmed Al Zeyoudi, Minister of State for Foreign Trade of the UAE
Thani bin Ahmed Al Zeyoudi, chair of the 13th Ministerial Conference (MC13) of the WTO, emphasizes the shared desire to expand and modernize global trade. The conference aims to be inclusive, transparent, and uphold the multilateral rules based trading system, while addressing various issues and expectations.
Sony seeks $90 million termination fee from Zee for alleged breaches of merger agreement
Culver Max Entertainment is seeking a $90 million termination fee from Zee Entertainment Enterprises due to alleged breaches of the Merger Co-operation Agreement (MCA). Zee denies the allegations and states that it holds all rights in the matter, suggesting legal action may be taken.
Deadline over; Sony not keen to extend good faith negotiations with Zee. $10 bn merger terminated
Zee Sony merger: Sony Group Corp is unlikely to extend merger negotiations with Zee Entertainment Enterprises Ltd. The termination notice of the proposed $10 billion merger between Sony and Zee is said to have been sent.
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Sony stays mum on Zee's request for merger deadline extension
Zee Entertainment has requested an extension for the deadline to complete the merger deal with Sony's subsidiary, Culver Max Entertainment. Sony has not responded to the extension request. The two-year agreement between Zee and Sony expired in December. Zee is committed to the merger and is engaging in good faith negotiations with Sony. Both companies need to inform regulators to terminate the merger deal legally.
Continuing to work towards successful closure of merger with Sony: Zee Entertainment
ZEEL is working towards a successful closure of its USD 10 billion merger with Culver Max Entertainment. The fate of the merger is uncertain as the deadline for extension negotiations approaches. The bone of contention is the driving seat of the merged entity, with ZEEL's Punit Goenka initially set to lead. However, Sony has concerns due to a fund-diversion case involving Goenka. The deal has a stipulated period of two years for completion, including regulatory approvals. ZEEL has sought an extension from Sony.
Sony, Zee agree to enter into good faith negotiations to extend cut-off date
“Zee’s notice to the Bombay Stock Exchange and the National Stock Exchange of India dated December 17 is an acknowledgment that they will not be able to meet the December 21, 2023, deadline to close the SPNI/ZEE merger,” the SPNI statement read. It added that the ZEEL notice triggers an existing contractual provision in the deal that allows for both parties to discuss the possibility of extending the deadline.
Good Omens Season 3: Will the Angel and Demon return for another run? All you need to know
"Good Omens" is a series that explores the distinctive relationship between an angel and a demon who join forces to prevent the looming apocalypse, often referred to as Armageddon, on Earth.
Hollywood actors strike continues as studios halt talks following failed contract negotiations
Contract negotiations between Hollywood actors and studios have been suspended, ending hopes of a resolution to the three-month strike. The studios cited a significant gap between the two sides as the reason for suspending talks, despite offering a deal similar to the one that ended the writers strike.
NCLT gives a week to Go First's RP to reply to applications claiming insolvency was not in good faith
In Delhivery's case, the counsel for the courier company opposed the request of the RP's counsel for an extension of three days to file the reply. The counsel claimed that the resolution professional had been delaying the filing of the reply.
Byju’s lenders open to negotiations, seek draft loan amendment proposal
Reject call for one-on-one meetings, will act collectively on disputed $1.2 billion term loan B
White House, Republican negotiators on US debt ceiling leave Capitol with no progress cited
A second Republican negotiator, Representative Patrick McHenry, said McCarthy would be briefed on the status of the talks. Neither lawmaker cited any progress. McHenry said he was not confident the two sides could meet McCarthy's goal of reaching a deal this weekend, which could then be presented to Congress for passage in coming days. Senior White House adviser Steve Ricchetti left the meeting room telling reporters that he was "not assessing" the talks.
'No good options' if Congress fails to act on debt, says US Treasury Secretary Janet Yellen
US Treasury Secretary Janet Yellen has said there are "no good options" for the US economy if Congress fails to raise the nation's borrowing limit of $31.381tn in the coming weeks. This warning has added urgency to a meeting between President Joe Biden and congressional leaders from both parties scheduled for Tuesday. Democrats and Republicans are at loggerheads over whether the debt limit should be up for negotiation. Yellen suggested that financial and economic chaos would ensue if the borrowing limit is not increased before the Treasury Department's "extraordinary measures" run out in early June.
How banks can negotiate the US and European sanctions
Bankers are especially vulnerable here. Their profits, reputation and even the ability to stay in business can get impacted by lapses or indiscretions in complying with all applicable regulations. No wonder more and more banks are choosing to stay out of trouble by simply walking away from such troublesome territories.
A new negotiating agenda: How India could address issues of sustainable development in trade negotiations
Creativity and pragmatism must guide India’s endeavour in negotiating a full array of tools to shape sustainable trade outcomes. An appropriately tailored Trade and Sustainable Development chapter in India’s Free Trade Agreements could be a force for good and should not be opposed without due consideration.
US, UK, German, French leaders urge Iran to return to talks in 'good faith'
"We urge President Raisi to seize this opportunity and act in good faith so that negotiations can urgently find an outcome. It's the only safe way to prevent a dangerous escalation, that would be in no country's interest."
Trump stops negotiations with Democrats on fresh stimulus for COVID-hit economy
Trump's sudden decision on Tuesday to pull the plug on the negotiations is a major blow to millions of Americans still struggling with the fallout from the pandemic that has badly hit the economy and killed over 210,000 people in the country.
Article 370: Will revoking special status be good for Kashmir, India?
The challenge, now, will be to ensure that the ownership for such a move is taken by the state’s people.
Modi is a good friend but India is a tough negotiator, admits Donald Trump
US is trying very hard to make better trade deals with India, but they're very good traders, Trump said.
Donald Trump says U.S. will hit EU cars if no good faith in trade talks
Trump, who is set to host European Commission President Jean-Claude Juncker in Washington this month, repeated his line that the EU was treating the United States unfairly on trade, shutting out U.S. farmers.
View: India is losing faith in free-trade agreements
India has a long history of grumbling about trade agreements. In the past, it has almost single-handedly held up consensus at various WTO meetings
Climate negotiators end Bonn mission with expanded draft text, issue of finance remains unresolved
The questions over nature of contribution from rich nations and debate on the issue of beneficiaries are now left for ministers of different countries to settle during the three-day pre-COP (conference of parties) meeting in Paris during November 8-10.
Barbarians of the faith: They are at the gates of both Peshawar and Paris
This war is a confrontation between the lethal adrenalin of faith supremacy and belief that faith equality is the basis of civilised social stability.
Five ways to negotiate salary in poor job market
Negotiating salary can be tough, especially in a poor job market. However, you can navigate your way through. Here are five ways that will never fail you.
Reimagining democracy: People seem to have lost faith in the country's institutions?
Though the disjunction between people & institutions is not a new phenomenon, there has, undoubtedly, over the years, been a deepening of distrust and suspicion.
The non-negotiable faith in us
Those who thought western faiths were in a reconciliatory mood and that the Vatican’s Galilean blunder was a thing of the past, after the Pope admitted the church had made a mistake, should be having serious second thoughts. Science, and evolution in particular, are still anathema in such religions.
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