Qantas and unions cannot reach agreement

Source: BBC
© Scanpix/AFP

Qantas, the Australian airline cannon reach an agreement with its staff. The ground staff and pilots of the company demand better working conditions, higher wages and more job security. The negotiations have been continuing for 15 months already. The delays in the Qantas business activity have impacted more than 80,000 travelers in October. The failure to reach a consensus means that parties have to go to arbitration.

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Mon, 21 Nov 2011 08:00:42 GMT

Precious metals decline in electronic trading

Gold futures for December delivery decreased in electronic trade by 0.1% or by $1.50 to $1,723.60 an ounce on the Comex division of the New York Mercantile Exchange. The yellow metal lost 3.55% during the last week at North American session. Silver also declined by 1.1% to $32.06 an ounce. However, despite price fall the trader's sentiment remains bullish as reported by BNP Paribas.

Mon, 21 Nov 2011 09:12:15 GMT

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