Germany's Allianz agrees to labor deal
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German insurer Allianz SE said Friday it had reached a new labor deal that avoids any near-term compulsory layoffs but still foresees some 5,700 jobs cut by the end of 2008.
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SAO PAULO, Brazil  - Workers at Volkswagen AG's   VOWG.DE biggest Brazilian plant ended a strike on Monday   after the German company agreed to reevaluate plans to cut   1,800 jobs, officials from the labor union at the factory and   the automaker told Reuters.
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Allianz  will cut some 7,500  jobs or 4 percent of its global workforce as part of a  far-reaching revamp designed to boost earnings, Germany&#039;s  largest insurance group said on Thursday.
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German service union Verdi said on Saturday it had agreed with Deutsche Lufthansa  a pay deal giving around 42,000 ground and cabin crew in the Germn airline a 3.4 percent increase in wages.
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Germany's Allianz Group announced that it has increased its stake in Croatian insurer Allianz Zagreb to 80 percent, by acquiring an additional 28 percent of the company's capital from its partner Zagrebacka ...
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The United Auto Workers and an automotive supplier have reached an agreement that covers current hourly workers and possibly those at yet-to-open factories, the first multi-plant pact negotiated by the UAW in 20 years.
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Two agreements were signed to this effect under the technical cooperation between Bangladesh and German.
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Germany's coalition government overcame  months of bickering on Thursday and agreed a compromise on  health care reform viewed as a test of Chancellor Angela  Merkel's leadership and her government's stability.
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Germany's sweeping welfare reforms went  into effect without a hitch Monday as labor offices cut  payments for a million jobless and qualifying tests got  tougher.
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Management and unions at German auto maker Volkswagen reached an agreement on Wednesday that will bring an end to their long-running wage dispute, a union official said.
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German banking and insurance giant Allianz said Wednesday it has sold its the life insurance activities of its British unit Allianz Cornhill to rival group Britannic for 110 million pounds (about 159 million ...
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FRANKFURT Volkswagen and its workers entered a critical week in their wage negotiations Monday, with signs that a compromise was taking shape even as protests flared at factories across Germany.
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Postal union leaders agree to a deal aimed at solving a bitter dispute over pay and conditions.
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Germany's ruling coalition finally reaches a deal on funding healthcare after weeks of bitter argument.
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After eights days of marathon talks, management and unions at Deutsche Telekom struck a compromise on Wednesday over the radical shake-up of the German telecom giant&#39;s services division, ending the company&#39;s first major strike in 12 years.
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Volkswagen AG, Europe's biggest automaker, said Friday it was open to labor union demands for job guarantees if employees agree to work longer for the same pay.
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Bavarian officials have come up with the funds to build a magnetic levitation train and have signed industrial accords to get work started, the southern German regional government said Tuesday.