UGL workers at Esso Gippsland have been on the picket line for over 100 days. They’re standing up to corporate greed, fighting back against unfair conditions. UGL wants to scrap these workers’ EBA, and asked them to accept pay cuts of up to 40% along with worse working conditions.
Construction and engineering business CIMIC has made a $524.5 million takeover bid for engineering contractor UGL, as UGL's shares have plummeted on the back of a downturn in mining. Key points: CIMIC, formerly Leighton Holdings, launches $3.15 per share offer for UGL Deal values UGL at $524.5 million UGL shares up nearly 50pc around midday to $3.17; shares peaked at $9.44 in 2007 The offer, at $3.15 per share, is a 47.2 per cent premium to UGL's share market close of $2.14 on October 7. "CIMIC believes UGL's competencies are complementary to CIMIC's existing operations or enhance CIMIC's capabilities in new activities," the company, formerly known as Leighton Holdings, said in a statement. UGL peaked at $9.44 a share in 2007, but has since suffered a beating on the back of falling commodity prices and a downturn in mining. CIMIC currently owns 13.8 per cent of the company. In June, UGL's share price plummeted after it announced delays, disruptions and cost blowouts on the $US34 billion Ichthys LNG joint venture in Darwin. In a statement to the ASX, UGL said its board would meet to consider the offer and provide further advice to shareholders. "In the meantime, the board of UGL recommends that shareholders take no action in relation to the CIMIC announcement," UGL's statement said. UGL sold its property business DTZ to a private equity-led group of investors including TPG Capital and PAG Asia Capital in 2014. UGL shares surged 48.6 per cent to $3.17 in midday trade on the offer, its highest price since early June and its biggest one-day jump since listing.
Views: 228 منوعات من العالم world stuff
Gerry and his team take out the new Minelab GPX-7000 to hunt for gold in Nevada! The GPZ 7000 is Minelab’s Newest Gold Machine for 2015. This detector is the next flagship gold detector based on new ZVT technology that developed by Minelab that will dramatically improve detector performance beyond all other gold detectors. As we get time, we'll be doing an in depth test and video with more accurate details and info, so please stay tuned.
Views: 125727 Gerrys Detectors
Pastor Evan Mawarire representing #thisflag movement and Zimbabwe in Geneva at the 2018 Human Rights & Democracy Summit. He discusses the fall of Robert Mugabe and the work of Morgan Tsvangirai. And what's next for Zimbabwe. Stay Up to Date: http://bit.ly/2A8b1tr Earn Extra Money Online: http://bit.ly/2yYbf1z
Views: 12158 Zim Stones
March 9 (Bloomberg) -- David Ji, head of North Asia Research at London-based property adviser DTZ Holdings Plc, talks with Bloomberg's Susan Li about the outlook for mainland China and Hong Kong real estate markets. (Source: Bloomberg)
Views: 281 Bloomberg
Symposium on the 100th Anniversary of the Balfour Declaration: From the Declaration to the UN Partition Plan Symposium on the 100th Anniversary of the Balfour Declaration: From the Declaration to the UN Partition Plan Time: Oct. 31, 6:30 - 9:30 PM Session I Moderator: Elissa Bemporad (GC, Queens College) 6:30 Sara Reguer (Brooklyn College) 6:35 A British Wartime Commitment—the Balfour Declaration Ronald Zweig (New York University) 7:00 The Balfour Declaration and Its Implementation in the Context of British Colonial Policy KC Johnson (GC, Brooklyn College) 7:25 The United States, Wilsonianism, and the Balfour Declaration Discussion with panel 7:50 Intermission – light refreshments 8:05 Session II Moderator: David Brodsky (GC, Brooklyn College) 8:15 Louis Fishman (GC, Brooklyn College) 8:20 The Palestinians and the Balfour Declaration: from Ottoman Citizens to Resistance, Rejection, and Marginalization Ilan Troen (Brandeis/Ben-Gurion Universities) 8:45 The Balfour Declaration: Historic Significance and Contemporary Relevance Discussion with panel 9:15 The symposium is sponsored by the Graduate Center's Program in History and cosponsored by the GC Program in Political Science and the Center for Jewish Studies. The symposium was supported by the Office of the Provost and the Academic Engagement Network.
Views: 407 The Graduate Center, CUNY
Noida-based BPO Cyfuture has filed a police complaint against Ringing Bells Pvt. Ltd. alleging fraud and non-payment of dues, and have sought Rs eighty lakhs from the makers of the smartphone priced at Rs 251. Apart from the police compliant, Cyfuture will file a separate defamation case "worth crores" against the handset maker, alleging an attempt to tarnish the company's image in the market, Anuj Bairathi, founder and CEO of the BPO told ET. Mohit Goel, managing director of Ringing Bells, countered, saying the call center company has been "threatening them with police complaints and legal cases", without giving a chance for an amicable solution. "We have registered a complaint against Ringing Bells... Gautam Budh Nagar Superintendent of Police said that the FIR will be registered shortly," Cyfuture's Bairathi said. -~-~~-~~~-~~-~- Please watch: "Apple Launches Repair Programme For iPhone 7" https://www.youtube.com/watch?v=glU_BqOgXYA -~-~~-~~~-~~-~-
Views: 528 TechVIEW