Advertisement
Canada markets closed

  • S&P/TSX

    21,708.44
    +52.39 (+0.24%)
     

  • S&P 500

    5,011.12
    -11.09 (-0.22%)
     

  • DOW

    37,775.38
    +22.07 (+0.06%)
     

  • CAD/USD

    0.7264
    +0.0000 (+0.00%)
     

  • CRUDE OIL

    82.68
    -0.01 (-0.01%)
     

  • Bitcoin CAD

    87,379.34
    +3,374.34 (+4.02%)
     

  • CMC Crypto 200

    885.54
    0.00 (0.00%)
     

  • GOLD FUTURES

    2,395.40
    +7.00 (+0.29%)
     

  • RUSSELL 2000

    1,942.96
    -4.99 (-0.26%)
     

  • 10-Yr Bond

    4.6470
    +0.0620 (+1.35%)
     

  • NASDAQ

    15,601.50
    -81.87 (-0.52%)
     

  • VOLATILITY

    17.91
    -0.30 (-1.64%)
     

  • FTSE

    7,877.05
    +29.06 (+0.37%)
     

  • NIKKEI 225

    38,079.70
    +117.90 (+0.31%)
     

  • CAD/EUR

    0.6821
    +0.0019 (+0.28%)
     
MARKETS LIVE BLOG:

STOCKS WOBBLE WITH NETFLIX EARNINGS ON DECK

Gas prices: Why one U.S. region will see 'stiff increases' this week

Prudential's UK staff take industrial action over Mumbai job plan

Reuters
A man leaves the Prudential offices in central London May 13 2010. REUTERS/Paul Hackett

LONDON (Reuters) - Staff at British insurer Prudential are taking industrial action over plans to move 76 jobs to Mumbai from the southern English town of Reading, the Unite union said.

Staff in the Prudential's annuities department in Reading will from Wednesday not carry out work linked to the transfer of the jobs to Mumbai, Unite said in a statement.

97 percent of the Unite members voted for the industrial action, the union said.

A spokesman for Prudential said around 80 jobs were being transferred to Mumbai, but at least 30 UK employees had already found other roles in the company.

(Reporting by Carolyn Cohn; Editing by Alexander Smith)