Warning over BA pension talks
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Discussions over British Airways' pension deficit could collapse, the T&G union warns.
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The pension plan at a U.K. unit of  bankrupt auto parts maker Federal-Mogul Corp. FDMLQ.OB on  Friday rejected a $130 million offer by financier Carl Icahn to  keep it afloat, prompting a warning from bondholders that the  plan may be liquidated.
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A coalition of more than 40 global companies and travel management agencies have written to British Airways, threatening to switch to competitors if it went ahead with plans to change its policies on booking business flights, the Financial Times said.
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Business & money: Bank admits it was warned on more than one occasion amid fierce criticism from shareholders
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Union negotiators today claimed they were close to agreeing a pay deal with British Airways to avoid a bank holiday strike and the resulting travel chaos.
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Union leaders are to hold talks with  airport operator BAA  on Monday in an attempt to avert  a series of strikes that could cause widespread travel chaos in  January.
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CHICAGO Aug. 19, 2004  United Airlines warned that it likely will have to terminate its employee pension funds in order to secure the loans it needs to get out of bankruptcy a drastic step that would represent the largest pension default ever by a US ...
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The government&#39;s pension guarantee agency said yesterday that it will seek immediate termination of the pension plan of the pilots of United Airlines, a move the agency estimated would
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The Prime Minister has waded into the pensions crisis by calling for people not to be &quot;written off&quot; at the age of 65. He was speaking ahead of a long-awaited official report which is expected to show a multi
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As United Airlines faces the possibility of ending its pension plan, thousands of employees and retirees face futures as uncertain as the survival of the world&#39;s second-largest airline.
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The Financial Services Authority warns that any plan to base the London Stock Exchange outside the UK could affect market regulation.
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Business & money: Insurer Resolution is under pressure to seek talks on a Â£35bn bid from rival Pearl Group.
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Heathrow Airport, the world's biggest international air hub, was threatened with closure as talks aimed at averting strikes next month ended without agreement Thursday.
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Campaigners threaten legal action over fears insurers' plans to use surplus assets will penalise policyholders.
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Unions consider strike calls over government plans to raise public sector workers' pension age.
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LONDON : Britain faces a huge pensions crisis which must be tackled immediately to avoid future generations of the elderly seeing their incomes slashed by around 30 percent compared with those nowadays, an official report warned.
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Business & money: Â· Group in talks with banks as deadline loomsÂ· Only increased offer will win over Rio Tinto board