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(MENAFN - AFP) Verizon has reached a tentative deal with unions that could end a weekslong strike and will see about 36,000 workers get a raise over the next three years, the US telecoms giant said Monday.

The company said the new contracts would mainly benefit workers in its network operations and "consumer and mass business" units, and it pledged to hire 1,400 new staff, ...

 
(MENAFN - AFP) Belgium faced growing disruption on Tuesday after staff at schools, city transport networks, airports and government offices received calls to join striking railworkers and prison guards.

The socialist CGSP union urged public service workers to stop work for 24 hours from Tuesday to protest the centre-right government's austerity plans, including raising the ...

 
(MENAFN - AFP) Top officials in Brussels and Berlin oppose a Chinese takeover bid of German industrial robotics supplier Kuka, a newspaper reported Monday.

"Kuka is a successful company in a strategic sector that is of key importance for the digital future of European industry," European Digital Economy Commissioner Guenther Oettinger told the Frankfurter Allgmeine Zeitung.

Oettinger ...

 
(MENAFN - AFP) Moscow's fourth international airport Zhukovsky officially opened Monday, but public transport problems and the economic recession put a damper on celebrations.

Prime Minister Dmitry Medvedev opened the Zhukovsky airport about 40 kilometres southeast of Moscow city centre, Russian television reported.

The new airport has a capacity of 2 million passengers ...

 
(MENAFN - AFP) Kuwait's Public Works Minister Ali al-Omair Monday signed a $4.4-billion (3.9-billion-euro) contract with Turkish firm Limak Construction for a new airport terminal that will more than triple passenger capacity.

The new terminal, due to be completed in six years, will raise capacity at Kuwait's only airport to 25 million passengers annually from around seven ...

 
(MENAFN - AFP) Equities markets across the world firmed Monday as investors lost their fear of higher US interest rates, focusing instead on signs of economic recovery.

Trading volumes were, however, sharply curtailed by London and Wall Street closures due to bank holidays.

But those European dealers present found reason to cheer data showing that German inflation was ...

 
(MENAFN - AFP) The World Health Organization's Zika response programme is only 13 percent funded, "severely" compromising efforts to combat the virus that is increasingly becoming a global threat, the UN agency said Monday.

But the significant funding gaps in the $17.7-million (15.9-million-euro) plan are not having a major impact on Brazil's efforts to keep the 2016 Olympic ...

 
(MENAFN - AFP) European Commission chief Jean-Claude Juncker will press EU leaders at a summit next month to back a historic free trade deal with the United States despite growing scepticism about the pact, a spokesman said Monday.

Washington and Brussels want the Transatlantic Trade and Investment Partnership (TTIP) completed this year before US President Barack Obama leaves ...

 
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(MENAFN - AFP) India's largest carmaker Tata Motors reported a three-fold increase in quarterly profits Monday, boosted by strong sales of luxury British unit Jaguar Land Rover and a one-off insurance payment.

Consolidated net profit for the three months to the end of March 2016 rose to 51.8 billion rupees ($771 million) from 17.2 billion rupees a year ago, the Mumbai-based ...

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