Indian couple accuses UK law firm of cast discrimination after losing job

An Indian couple has become the first in the UK to claim caste discrimination after they were forced to quit their jobs in a legal firm following their marriage.

An employment tribunal heard that solicitor Amardeep, 33, hailed from the higher caste of Jat, whereas her husband Vijay Begraj, 32, the practice manager, belonged to the former ‘untouchables’ or Dalits, reports the Daily Mail.

Amardeep t

old the tribunal that a senior colleague warned her against marrying Begraj on the grounds that people of his caste were ‘different creatures’ and that his position firm was ‘compromised’.

The couple met when both worked at Coventry-based solicitors Heer Manak and began dating four years later.

Begraj, who worked for the firm for seven years, was sacked last year. His wife resigned in January.

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European shares set to open sharply lower

July 1 (Reuters) – European shares were set to open sharply lower on Thursday, mirroring falls in Asian equities after manufacturing data from China showed recent rapid economic growth was slowing.

Britain’s FTSE 100 .FTSE was expected to open down as much as 91 points, or 1.9 percent; Germany’s DAX .GDAXI was seen 87 points lower, or down 1.5 percent, and France’s CAC 40 .FCHI was expected to fall 69 points, or 2 percent lower, according to financial bookmakers.

European shares .FTEU3 fell 0.2 percent on Wednesday, closing a torrid quarter with a loss of 7.9 percent as poor U.S. jobs data from the private sector fuelled fears about the pace of the U.S. economic recovery. (Reporting by Harpreet Bhal)

Schumer says Congress must up pressure on China

(Reuters) – Senator Charles Schumer said on Sunday China’s gradual approach to lifting its currency peg amounted to “backing off” its promises, and urged strong legislation that might force further changes.

Politics

A day after announcing changes to its exchange rate regime, China on Sunday explicitly ruled out a one-time revaluation of the yuan, which officials say is artificially — and unfairly — low.

“Just a day after there was much hoopla about the Chinese finally changing their policy, they are already backing off. It vindicates our initial skepticism,” said Schumer, a prominent voice on the issue of China’s exchange rate in Washington.

“We intend to move forward as quickly as possible with legislation,” he said. “It is only strong legislation that will get the Chinese to change and will stop jobs and wealth from flowing out of America as a result of unfair trade policies.”

Paternoster hires bankers to value company: report

(Reuters) – British pension buyout firm Paternoster has hired bankers to put a valuation on the company as investors look to exit the business, the Independent on Sunday reported.

Deals

Deutsche Bank (DBKGn.DE), the largest shareholder in Paternoster, will most likely buy out investors and merge the Paternoster business into its Abbey Life insurance operation, the paper reported, citing sources close to the situation.

Paternoster declined to comment.

Last September, Paternoster said it would cut jobs and replace founder Mark Wood as Chief Executive after it received a 5 million pound ($7.3 million) cash injection to allow it to resume writing new business.

($1=.6865 Pound)

(Reporting by Julie Crust; Editing by Louise Heavens)

UPDATE 1-Stada to cut 10 pct of staff, double profit by 2014

FRANKFURT, June 7 (Reuters) – German generic drug maker Stada Arzneimittel (STAGn.DE) plans to cut about one in ten jobs as it aims to double earnings by 2014, continuing a cost cutting drive that has boosted its shares.

Stada expects earnings before interest, taxes, depreciation and amortisation (EBITDA) to rise to 430 million euros ($513.4 million) in five year’s time from 280 million last year, the group said on Monday.

During the period, net income should reach 215 million euros from 100 million in 2009, it added.

Stada plans to cut about 800 jobs, equivalent to about 10 percent of its workforce, as it aims to sell production plants abroad and to centralise its administration.

Stada’s shares extended gains and were up 1.9 percent at 29.95 at 1126 GMT while the STOXX Europe 600 Health Care .SXDP was down 0.6 percent. Stada shares have gained more than 20 percent so far this year, mainly helped by cost cuts.

Last month Stada posted quarterly earnings slightly lower than analysts had expected as it continued to scramble for generic-drug bulk contracts in its German home market.

However, it kept its full-year outlook for profit growth this year, helped by cost cuts and a strong Russian rouble. [ID:nLDE64A1PJ]

(Reporting by Ludwig Burger)

U.S. crude futures drop $2 after payrolls report

June 4 (Reuters) – U.S. crude oil futures fell more than $2 on Friday after a report showed U.S. non-farm payrolls rose in May by a less-than-expected 431,000.

The report had been expected to show 513,000 non-farm jobs were added to the U.S. economy, with a big boost from Census Bureau hiring, compared with an increase of 290,000 in April.

On the New York Mercantile Exchange at 9:01 a.m. EDT (1301 GMT), July crude CLN0 was down $1.90, or 2.55 percent, at $72.71 a barrel, having dropped as low as $72.47. The earlier intraday peak was $75.42. (Reporting by Robert Gibbons; Editing by John Picinich)

US copper falls to 7-1/2-month low on jobs data

June 4 (Reuters) – U.S. copper futures extended an early sell-off Friday, sinking to their lowest levels since mid-October, after a government report showed U.S. non-farm payrolls grew at a less-than-expected rate in May.

Basic Materials

By mid-morning, copper for July delivery HGN0 sank 9.60 cents, or 3.3 percent, to $2.8505 per lb on the New York Mercantile Exchange’s COMEX division, a low dating back to Oct. 19, 2009. (Reporting by Chris Kelly; Editing by John Picinich)

TREASURIES-Bonds extend gains after payrolls data

June 4 (Reuters) – U.S. Treasuries extended their gains on Friday after a government report showed a smaller-than-expected increase in payrolls in May, reinforcing the view of gradual U.S. economic recovery.

These latest job figures also bolstered the case that the Federal Reserve will not raise short-term rates until 2011.

U.S. employers created 431,000 jobs in May, the U.S. Labor Department said, below the 513,000 increase predicted by analysts polled by Reuters. The jobless rate fell more than expected to 9.7 percent from 9.9 percent in April. For more, see [ID:nOAT004640]

Benchmark 10-year Treasury notes US10YT=RR last traded up 28/32 in price at 101-30/33, compared with being 10/32 higher shortly before the employment data.

The 10-year yield, which moves inversely to price, was 3.27 percent, compared with 3.33 percent moments ahead of the jobs data. It ended at 3.37 percent on Thursday in New York.

(Reporting by Richard Leong, Editing by Chizu Nomiyama)

US copper falls to 5-month low after jobs data

June 4 (Reuters) – The price of copper fell to a five-month below $2.90 per lb in New York futures trade Friday morning, after data showed U.S. nonfarm payrolls rose 431,000, down from analyst forecasts for 513,000.

Basic Materials

Copper for July delivery HGN0 tumbled 6.65 cents, or 2.3 percent, to $2.88 per lb on the New York Mercantile Exchange’s COMEX division, its lowest level since. Selling momentum gathered pace, dragging the price down to an early low at $2.8625, its lowest since early February. (Reporting by Chris Kelly; Editing by John Picinich)

CANADA FX DEBT-C$ touches session low after U.S. jobs data

June 4 (Reuters) – The Canadian dollar weakened to a session low against the U.S. currency on Friday following U.S. employment data that came in weaker than the market had expected.

Currencies

At 8:31 a.m. (1231 GMT), the Canadian currency CAD=D4 was at C$1.0488 to the U.S. dollar, or 95.35 U.S. cents, then quickly weakened further to C$1.0499. On Thursday, the currency finished at C$1.0412 to the U.S. dollar, or 96.04 U.S. cents. (Reporting by Jennifer Kwan; Editing by Jeffrey Hodgson)

Private sector adds 55,000 jobs in May

(Reuters) – Private employers added 55,000 jobs in May, compared with an upwardly revised gain of 65,000 in April, a report by a payrolls processor showed on Thursday.

The April figure was originally reported as a gain of 32,000.

The median of estimates from 31 economists surveyed by Reuters for the ADP Employer Services report, jointly developed with Macroeconomic Advisers LLC, was for a rise of 60,000 private-sector jobs in May.

The ADP figures come ahead of the government’s much more comprehensive labor market report on Friday, which is expected to show a huge rise in nonfarm payrolls of 513,000 in May, based on a Reuters poll of analysts.

Economists often refer to the ADP report to fine-tune their expectations for the payrolls numbers, though it is not always accurate in predicting the outcome.

(Reporting by Burton Frierson; Editing by Theodore d’Afflisio)

UPDATE 1-Spain government says labour talks in final stages

MADRID, June 1 (Reuters) – Talks between the Spanish government, unions and businesses aimed at reaching agreement on wide-ranging labour reforms are in the final stages, Labour Minister Celestino Corbacho said on Tuesday.

Spanish unemployment has more than doubled since the beginning of the economic crisis as struggling construction and service industries haemorrhaged jobs and economists say reform is vital to avoid job market stagnation.

“We’re in the last stages of the process and in the next few days we’ll see a result … We hope it will be a favourable result, but whatever happens, there will be a reform before the end of this month,” he said in a television interview.

The ruling Socialists believe a joint agreement on the reform would be preferable and more sustainable than a unilateral government decree.

“The government has always understood a pact on the reform is better than an imposed reform,” Corbacho said.

The three-way talks originally were working toward a May 31 deadline before the government enforced its own proposals but a deal is proving elusive as the unions and companies struggle to find common ground.

The talks should be concluded, with or without agreement among the three parties, by the middle of next week at the latest, Corbacho said. (Reporting by Paul Day, Editing by Sonya Hepinstall)

‘Tall and dangerous’ Harmison not out of contention for Ashes: Saker

London, May 19 (ANI): England’s new bowling coach David Saker has said that he is not ruling out fast bowler Steve Harmison as a contender for the Ashes series in Australia this year.

“There’s no way Steve Harmison is out of the picture. I’m not going to write off someone as tall as he is and someone who can really cause some damage to the Australian team,” Saker told The Wisden Cricketer magazine.

“I know the Australian batters sometimes talk about him as one of the hardest guys to face and he troubles them more than anybody. I want to see the best XI represent England. I’m never age-biased in the way I pick a team,” he said.

The former Victoria coach is gearing up for a highly competitive Ashes series and said that England’s bowlers will be up for the battle.

“I can assure you that the English bowlers won’t be backing down. You’ve got to really get into the contest and be competitive. Most fast bowlers are like that.

“The ones that come in and out of the game are the ones that aren’t that competitive. The ones that last are unbelievably competitive people. All of the fast bowlers I’ve met have all had that competitive streak and the aggression comes out when it’s needed.”

But Saker believes England must add defence to their aggression to be successful against Australia.

“You’ve got to have a good defence as a bowler, not just a good attack. The English team is a good attacking side but at times they leak runs. And that’s one of my jobs, to make sure we don’t leak as many runs in those middle overs when you really need to defend,” Saker said.

Female teachers beaten at Rajasthan Minister”s residence

Jaipur (Rajasthan), May 14 (ANI): In a shocking display of brutality, over hundred female teachers sitting in protest inside the residence of Rajasthan Minister of Education Bhanwarlal Meghwal were beaten by the police here on Friday.

The police brutally attacked teachers of the Nursery Teachers Training (NTT) course, who had assembled at Meghwal”s residence demanding recognition of the NTT certificate course that would enable them to apply for jobs with the government.

The assault continued unabated as policemen and policewomen kicked the teachers and dragged them along the ground by their hands and hair. Several women fainted as a result.

Meghwal initially claimed that he had ”not seen the police brutality on the teachers. He later said the manner in which the women protested was not right.

“In a democracy, every individual can demand and exercise their rights. However, this should be done in a peaceful manner, and not by shouting in agitations,” said Meghwal.

The teachers staged a sit-in protest in the lawns of Meghwal”s residence, when he refused to entertain them. (ANI)

Collingwood confident of team abilities, doesn’t require a Churchillian speech

London, May 13 (ANI): Ahead of today’s T20 World Cup semi-final against Sri Lanka, England skipper Paul Collingwood is so confident about his team that he says it will not require a Churchillian speech to rally them ahead of the crucial game.

Collingwood has so much faith in ‘the most powerful England team’ he has ever seen that a grand speech would be of no use for him.

Commenting on his team business in the Caribbean and playing in a fearless style, Collingwood joked: “Just call me brave.”

“I don’t need a speech to be honest. The guys are ready and they are excited to have a crack at reaching a world final. If there was a feeling around the camp that the guys are nervous or anything like that, then maybe something would have to be said,” The Mirror quoted him, as saying.

“But the guys are so focused in the jobs they’ve got to do and the roles they’ve got to play. We’ll have a team meeting before the game, but let me tell you I’m not going to come out with any rip-roaring speech,” Collingwood said.

“The guys are just so confident in the jobs they’re doing. We look at areas we can improve, and you can be a little bit pernickety, but we’re certain that if we put similar performances in we’re going to win,” The Mirror quoted him, as saying.

“There are no nerves in the camp and it is certainly the most powerful England side that I’ve played in. When you look down the team sheet at the ability to hit sixes, it gives you confidence,” Collingwood said.

England will make one change with Pietersen coming back in for Ravi Bopara. (ANI)

LiLo denies she”s addicted to drink and drugs

London, May 10 (ANI): Lindsay Lohan has hit back at rumours that she”s addicted to drink and drugs.

In a TV interview, the Mean Girls star sat alongside her mum Dina to set the record straight about the recent rumours.

The actress’ estranged father Michael recently claimed that his daughter was hooked on prescription drugs.

However, Lindsay has slammed his claims, insisting she has turned her life around, reports the Sun.

She told Entertainment Tonight: “I””m OK… when did I stop being OK?

“I am fine. I am happy and I am working. And I””m good.

“I””m surrounded by great friends now. You know, I have weeded out a lot of people in my life.

“I don””t (have substance abuse problems). I work. And if I go out with my friends, I””m 23, and I””m allowed to do that. I don””t go out when I””m working,” she added.

She has also blamed false claims about her lifestyle for lack of work.

“It distracts from me getting jobs. That””s when it hurts the most – especially when it””s not true,” she said. (ANI)

The Pill one of the most significant medical advances of last 50 years: US poll

Washington, May 8 (ANI): Over half of Americans think that the birth control pill has been one of the most significant medical advances of the last half century, a new CBS poll found.

Most Americans say “the pill” has had an impact on American society and on women’s lives in particular, and credit it with helping women enter the work force.

The Food and Drug Administration approved the birth control pill in 1960 and today 52 percent of Americans consider it as one of the most significant medical developments of the last 50 years.

According to the poll, conducted on May 4th and 5th, four in five Americans think the birth control pill has had at least some effect on American society overall, including 41 percent who say it’s had a great deal of impact.

Even more, 54 percent, think the birth control pill has had a great deal of impact on women’s lives in particular, reports CBS News.

Most Americans say women’s lives were changed for the better because of the birth control pill.

Only a quarter think it made no difference, and even fewer say the pill made women’s lives worse.

Men (59 percent), women (54 percent), and women who have ever taken the pill (54 percent) say that women’s lives were improved as a result of the birth control pill.

In fact, Americans think the birth control pill helped women enter the work force— 57 percent say the pill made it easier for women to have jobs and careers outside the home.

On the other hand, 53 percent of younger Americans say the birth control pill had no effect on the ability of women to work outside the home.

Among working women, 55 percent say the birth control poll has made it easier for women to enter the workforce.

The poll finds public concerns about the safety of the birth control pill have diminished over time. (ANI)

Tiwi minerals set to be exported to China

A deal has been struck to export mineral sands from the Tiwi Islands to China.

Operations ceased at Melville Islands’ zircon mine in 2008 when Matilda Minerals went into administration.

Matilda Zircon bought up the assets and says the mine will be up and running again in a month.

It has signed an agreement with a Hong Kong-based company and the Territory Government to export 40,000 tonnes of zircon to China.

The mineral is used in porcelain and ceramic products.

The first shipment is set to leave in two months.

Matilda Zircon says it is relocating the workers camp and kicked-off construction on upgrading roads last month.

The company says the mine’s reopening will create up to 30 jobs.

Michael Douglas says he has ‘taken blames about being a bad father’

New York, May 3 (ANI): Actor Michael Douglas has in an interview revealed that he has “taken blames about being a bad father”, but is working hard at turning it around.

Douglas, 65, who spoke for the first time since his son Cameron was thrown in jail on drug charges, told NBC “Today’s” Matt Lauer that his parenting ways have changed for kids Dylan, 9, and Carys, 7.

“When I had Cameron I was early in my career and as opposed to most jobs, making movies takes you all around the world, so you were absentee in that sense,” the New York Daily News quoted him as saying.

“My priorities have completely changed. My marriage and my families come certainly before my career,” he added. (ANI)

Indian films banned again in Bangladesh

Dhaka, Apr 27 (ANI): The Bangladesh government has decided once gain not to allow Indian movies to be released in cinema halls across Bangladesh .

Bangladeshi actors don’t want the ban to be lifted, as they claim that at least 25,000 jobs could be lost as a result.

Though there has been no official word from the government yet, the ban is unlikely to be lifted, the BBC quoted top Bangladeshi actor Razzak, as saying.

Cinema owners, however say the trend in Bangladesh is in favour of Bollywood fare. People watch pirated versions of Indian releases on DVDs and the popularity of domestic movies pales in comparison.

The ban was first introduced in 1972 in order to protect the local film industry. The decision to renege it was announced by the Commerce minister. It was taken to help cinema owners and boost occupancy. (ANI)