Labor Unions
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CAPE TOWN, May 21- A two-day wildcat strike at a Mercedes Benz plant in South Africa ended on Tuesday but industrial union NUMSA demanded a hefty pay hike for the sector, raising the prospect of labour unrest in factories alongside turmoil in the mines.
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CAPE TOWN, May 21- A two-day wildcat strike at a Mercedes Benz plant in South Africa ended on Tuesday but industrial union NUMSA demanded a hefty pay hike for the sector, raising the prospect of labour unrest in factories alongside turmoil in the mines.
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*Gold companies' shares drop, rand also under pressure. JOHANNESBURG, May 20- Big wage hikes demanded by the government-allied trade union in South Africa's coal and gold industries helped push the rand to a four-year low on Monday, highlighting the ripple effect of the prospect of more turmoil in the industry.
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*Gold companies' shares drop, rand also under pressure. JOHANNESBURG, May 20- Big wage hikes demanded by the government-allied trade union in South Africa's coal and gold industries helped push the rand to a four year low on Monday, highlighting the ripple effect of the prospect of more turmoil in the industry.
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Peter Attard Montalto, emerging market economist at Nomura International, talks about the South African mining sector, the potential rise of further union unrest and the impact it would have on the country's economy.
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*Tension between union, Freeport could spook investors. JAKARTA, May 17- Freeport McMoRan Copper& Gold Inc's Indonesian copper mine should remain closed for an investigation into a tunnel collapse that has left five dead and 23 missing, a trade union leader said on Friday.
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PHNOM PENH, May 16- At least six people died when a shoe factory collapsed in Cambodia on Thursday and many others were injured, a member of the trade union at the plant said, amid concerns about safety standards at some Asian factories producing cheap clothing.
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Guy Ryder, Director-General of the International Labour Organization (ILO) welcomes the recent safety pact signed by international retailers, but says more needs to be done.
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ALBANY, N.Y.-- New York Gov. The issue has long been a favorite of New York City Democrats and allied labor unions and activists, some of whom demonstrated in Albany on Monday.
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Sharan Burrow, general secretary of the International Trade Union, tells CNBC that five years in to the economic crisis, austerity has failed, international institutions have failed and there's a humanitarian crisis.
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The federal government is better at creating low-paying jobs than Wal-Mart and McDonald's combined, says a new report.
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Lee Cheuk-Yan, Hong Kong Legislator and Chairman of the Labour Party, calls the agreed wage increase for Hong Kong port workers a "half win", saying the union will continue to work for a collective bargaining agreement.
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Laurence Parisot, chairwoman of MEDEF, tells CNBC that in a few weeks from now France will have a less rigid labour market, following a deal with the trade unions.
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FRANKFURT, May 2- Thousands of German metal and electrical workers went on strike on Thursday to press employers to raise their pay offer and engineering union IG Metall said there would be more industrial action on Friday. Germany's biggest industrial union is calling for wage hikes of up to 5.5 percent for some 3.7 million workers from May.
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As Hong Kong dock workers enter their fifth week of protests, Willy Lin, Chairman of the Hong Kong Shippers' Council evaluates the potential damage and impact arising from the strike.
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*Deal sees pay rise in Aug. 2013 and Aug. 2014. FRANKFURT, May 1- German trade union Verdi has agreed a pay deal with Lufthansa for 33,000 cabin crew and ground staff across the airline group, it said on Wednesday, averting another round of strikes that the union had threatened.
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FRANKFURT, May 1- German trade union Verdi said it had reached agreement with Lufthansa on wage increases for 33,000 workers, averting another round of strikes that the union had threatened.
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Months after Hostess shut down over a standoff with its unions, the re-formed cupcake maker is expecting to put its snacks back on store shelves—using nonunion workers.
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FRANKFURT, April 26- A German trade union has threatened Lufthansa with another round of strikes if the airline fails to present a better pay offer when wage talks resume next week.
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FRANKFURT, April 26- Deutsche Post DHL and trade union Verdi struck a deal on Friday to increase the wages of about 130,000 letter carriers in Germany, ending repeated walkouts. Trade union Verdi and Deutsche Post confirmed an agreement had been reached but declined to give details. Staff costs account for about a third of overall expenses at Deutsche Post.
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BUENOS AIRES, April 25- Energy workers went on strike on Thursday at three oil fields in Argentina's Santa Cruz province, which produces about 20 percent of the country's crude oil, a trade union official said. The protest over internal union politics was launched by the Santa Cruz Private Oil and Gas Workers' Union.