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The United Auto Workers (UAW) union has expanded its ongoing strike against the Detroit Three automakers - General Motors , Ford Motor and Chrysler parent Stellantis . The coordinated strike, which began after the earlier contracts expired on Sept. 15, initially targeted three assembly plants in Michigan, Ohio and Missouri. On Thursday Casino said the binding debt deal was reached with the consortium led by Kretinsky's company EPGC alongside Casino's biggest creditor Attestor, its second-biggest shareholder Fimalac and the retailer's secured creditors.
"Casino has reached a major milestone in its financial restructuring process by obtaining the agreement of its main creditors on a financial restructuring plan," CEO and controlling shareholder Jean-Charles Naouri said in a statement. Teamsters union workers at United Parcel Service ratified a new five-year contract in August, a deal that raises pay, eliminates a two-tier wage system for drivers, provides another paid holiday and ends forced overtime.
Negotiators for striking Hollywood actors met with representatives of major studios, television networks and streaming services this week and said negotiations will resume on Oct. In July, the SAG-AFTRA actors union joined the writers on picket lines, and it remains on strike. The retailer, which is now France's sixth-largest supermarket group, said it planned to pursue discussions with the financial creditors not yet party to the lock-up agreement to get them to sign up to it too.
Thursday's announcement finalises a July agreement in principle which called for 1.2 billion euros ($1.26 billion) of new money to be injected into Casino, as well as a reduction of Casino's debt by 6.1 billion euros. Naouri said the binding agreement "creates a favourable framework" for the long-term sustainability of Casino's business, maintaining its workforce and head offices and continuing to develop its brands. Union leaders representing the workers have threatened further walkouts.
If you cherished this article therefore you would like to be given more info with regards to premium gold คาสิโนออนไลน์ please visit our website. Thousands of Los Angeles-area hotel staffers went on a three-day strike in July over improved wages, benefits and working conditions. Bureau of Labor Statistics, putting 2023 on track to becoming the busiest year for strikes since 2019. Nearly 309,700 workers have been involved in work stoppages and strikes through August this year, according to preliminary data from the U.S. Casino's Chief Financial Officer David Lubek said price cuts were bringing more customers into the retailer's stores.
Footfall in Casino supermarkets was up 4% over the past four weeks, the company said.