Experts believe a wider spat with Europe would be much more damaging than the current tit-for-tat with China.Traderead more
After the Fed released minutes of its last meeting, the bond market signaled it fears the Fed will not be aggressive enough with its rate cutting.Market Insiderread more
The Fed minutes also note that "a couple" members wanted a 50 basis point cut, based primarily on the weak inflation readings.The Fedread more
Markets pay particular attention to Italy's spending, given its public debt pile. This stands at above 130% of its growth rate, one of the highest in the world.Politicsread more
Flight bookings to Hong Kong have fallen 10%, hit by the unrest in the city, said Alan Joyce, the chief executive of Australian carrier Qantas Airways.Airlinesread more
Analysts generally doubt how effective the People Bank of China's latest interest rate announcement will be in significantly helping businesses grow.China Economyread more
These in-demand skills can command top pay packets, says Feon Ang of professional networking site LinkedIn.Get Aheadread more
Japanese manufacturing activity shrank for a fourth straight month in August as export orders fell at a sharper pace.Asia Marketsread more
The Washington governor had centered his campaign around climate change, calling it "the most urgent challenge of our time."Politicsread more
The inversion is seen by many veteran traders as an important recession omen, though the timing on the eventual downturn is less predictable.Bondsread more
Here's what Nordstrom reported for its fiscal second-quarter earnings.Retailread more
* Strike action would take place in late August
* UK is Ryanair's largest market
* Blow to management who cited progress with unions (Adds quotes, background, details of strike plans)
DUBLIN, July 17 (Reuters) - Ryanair's British pilot union is to ballot members on possible strike action in coming weeks in a dispute over working conditions, the British Airline Pilots Association (BALPA) announced on Wednesday.
The results of the ballot are due on August 7 and strike action by pilots in the airline's largest market could take place two weeks later, the union told members in a memo, which has been seen by Reuters.
The ballot is a setback for management at Europe's largest low-cost carrier, who have in recent months said they had largely resolved an industrial relations dispute with pilots and cabin crew.
Ryanair suffered a series of damaging strikes last year after the carrier bowed to pressure in late 2017 to recognise unions for the first time. But since then it has signed collective labour agreements with a number of pilot unions throughout Europe.
BALPA General Secretary Brian Strutton said in a statement that no progress had been made in talks on issues including pensions, maternity benefits and "a fair, transparent, and consistent pay structure."
"We have not been able to make any progress with Ryanair at all on any of our areas of concern," Strutton said.
In the memo, BALPA said its members in a consultative ballot had overwhelmingly supported the move to hold a vote on strike action.
It said it understood that pilot union colleagues in Spain, Ireland, Sweden and Germany had made "little, if any, meaningful progress" in talks with Ryanair.
Ryanair, which says it offers some of the best conditions for low-cost short-haul Boeing pilots in Europe, did not immediately respond to a request for comment.
Chief Marketing Officer Kenny Jacobs earlier on Wednesday said he hoped to sign collective labour agreements with Germany's Vereinigung Cockpit pilot union by the end of August, adding that he did not expect strikes anywhere in Europe.
On Tuesday, Ryanair said it had been forced to halve its growth plans for 2020 due to delays in the delivery of Boeing's grounded 737 MAX jet and planned to start talks with airports and unions about downsizing or closing some operations from November 2019. (Additional reporting by Ilona Wissenbach in Frankfurt; Editing by Jan Harvey and Kirsten Donovan)