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Business Strategy Contracts

  • *Companies say Burkina Faso blocked development of manganese mine. DAKAR, Dec 5- Three companies belonging to Romanian-Australian businessman Frank Timis's Pan African Minerals Group are seeking $385 million from Burkina Faso via mediation, accusing it of blocking development of one of the world's biggest manganese mines. According to an arbitration...

  • Under Armour scores MLB uniform deal

    The company inked a 10-year deal with Major League Baseball to be the exclusive provider of on-field uniforms.

  • CNN trying to lure Megyn Kelly

    The cable news network wants to steal the anchor away from Fox News.

  • MONTREAL/ NEW YORK, Dec 1- Delta Air Lines Inc pilots on Thursday agreed to a new contract that delivers a 30 percent pay raise by 2019, as the aviation industry deals with mounting demand for higher wages to fly planes at a time of big profits. The new contract, backed by 82 percent of pilots at the No. 2 U.S. airline by traffic who voted on ratification, keeps existing...

  • NEW YORK, Nov 28- Massachusetts Democratic Senator Elizabeth Warren on Monday criticized Wells Fargo& Co's decision to require customers affected by its unauthorized accounts scandal to go through arbitration rather than allowing them to sue. The San Francisco- based bank last week asked a U.S. court to uphold contract clauses that mandate arbitration,...

  • NEW YORK, Nov 28- Massachusetts Democratic Senator Elizabeth Warren on Monday criticized Wells Fargo& Co's decision to require customers affected by its unauthorized accounts scandal to go through arbitration rather than allowing them to sue. Warren also used her Facebook post to advocate for a rule proposed by the Consumer Financial Protection Bureau...

  • CHICAGO, Nov 23- A U.S. federal judge on Wednesday ordered striking pilots back to work immediately at cargo airline ABX Air, whose major customers include DHL and online retailer Amazon.com Inc.. The pilots, represented by the Teamsters union, walked off the job early Tuesday over what they said were violations of the collective bargaining agreement with the...

  • SANTIAGO, Nov 22- Chile's FNE competition regulator said a joint-business agreement that Santiago-headquartered LATAM Airlines inked with American Airlines Group Inc and IAG's British Airways and Iberia risks increasing fares and lowering quality on routes. The opinion, in a 163- page document elaborated by the FNE and seen by Reuters on Tuesday, could...

  • *Baghdad has already told OPEC it will not cut production. LONDON/ BAGHDAD, Nov 18- Iraq would have to compensate international oil companies for limits placed on their production, according to industry sources and documents seen by Reuters, further reducing the prospect it will join any OPEC deal to curb the group's output. OPEC member Iraq pays developers a...

  • *Baghdad has already told OPEC it will not cut production. LONDON/ BAGHDAD, Nov 18- Iraq would have to compensate international oil companies for limits placed on their production, according to industry sources and documents seen by Reuters, further reducing the prospect it will join any OPEC deal to curb the group's output. OPEC member Iraq pays developers a...

  • The company, under pressure from activist investor Starboard Value LP to monetize its real estate, has already said it is exploring options for its flagship stores, including its famous Herald Square store in New York. Macy's said on Thursday it had signed a contract to sell its Union Square Men's store in San Francisco for $250 million, and its downtown Portland,...

  • BEIJING, Nov 9- China's state planner said two of the nation's top coal mines had signed long-term supply contracts with utilities at 535 yuan per tonne, a quarter below current spot market rates, as the government ramps up its efforts to cool the red-hot market. Shenhua Energy Co and ChinaCoal Energy Co agreed to the terms for long-term deals which start as soon as...

  • BEIRUT, Nov 8- France's Total and China National Petroleum Corp signed a gas contract on Tuesday with National Iranian Oil Company for the second phase of the South Pars gas field, Iran's SHANA news agency said. "This is an agreement in principle. The final contract will be signed early 2017, "the managing director of Pars Oil and Gas Company Mohammad Meshkinfam was...

  • *Formosa offers 10 ppm, jet fuel term barrels for 2017. *Formosa offers 240,000 bbls of 500 ppm sulfur gasoil a mth. *Formosa to skip 50 ppm term for 2017- source.

  • *Formosa offers 10 ppm, jet fuel term barrels for 2017. *Formosa to skip 50 ppm term for 2017- source. Formosa has offered 300,000 barrels of 10 parts per million sulfur diesel for loading every quarter in 2017 from Mailiao, Taiwan, the documents showed.

  • MANILA, Oct 11- About 250 Philippine business executives will visit Beijing with President Rodrigo Duterte next week as he puts aside years of hostility to seek a new partnership with China at a time when tensions between Manila and its traditional ally, the United States, are mounting. An arbitration court ruling in the Hague on July 12 that said China had...

  • WASHINGTON, Oct 4- Iran signed the first oil output contract under a new, less restrictive model on Tuesday, Iranian oil officials were quoted as saying, with a firm identified by the United States as part of a conglomerate controlled by Iran's Supreme Leader. The U.S. Treasury Department named Persia Oil& Gas in 2013 as part of Setad Ejraiye Farman-e Emam, or Setad, a...

  • SANTIAGO, Oct 4- Chilean copper miner Antofagasta Minerals said on Tuesday it has reached a 36- month wage deal with unionized supervisors at its flagship Los Pelambres mine. "We agreed on a 36- month collective contract that meets the expectations of both parties, as it addresses our supervisors' main concerns and is within the long-term possibilities of Los...

  • A police officer wears a camera body camera by Taser.

    Shares of Taser International plunged 14 percent Monday after the NYPD announced it would award its body camera contract to Vievu.

  • DUBAI, Oct 3- The National Iranian Oil Company will sign the first of its new oil and gas contracts with a domestic firm on Tuesday, its managing director said. Setad Ejraiye Farmane Hazrate Emam, or Setad, is one of the most powerful organizations in Iran that works directly under the command of Islamic Republics highest authority, Supreme Leader Ayatollah Ali...