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BP agrees $20 bn claims fund


June 17th, 2010 - 3:02 am ICT by IANS
Washington, June 17 (DPA) Oil giant BP has agreed to set up a $20-billion fund to compensate local Gulf Coast businesses and fishermen devastated by the ongoing oil spill, US President ... Read more...

Posted in Business |

Labour union ratifies deal with General Motors


May 30th, 2009 - 5:26 am ICT by IANS
Washington, May 30 (DPA) Members of the US carmaker General Motors top labour union ratified a new agreement Friday that could make it easier for the company to survive the court process ... Read more...

Posted in Business |

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