Business
London Underground seeks union talks in bid to resolve pay dispute

London Underground has invited union leaders to talks next week in a bid to resolve a dispute over pay and hours which led to strikes.
The company said it wanted to hold talks next Wednesday.
Tube services are expected to return to normal by late morning on Friday after the strikes which have caused travel chaos all week.
Members of the Rail, Maritime and Transport union (RMT) walked out, leading to services been crippled since Monday with few underground trains running.
Commuters have switched to buses, bikes or trains not affected by the dispute to get to and from work.
London Underground said there will be no service before 8am on Friday, with normal service on all lines by late morning.
The Docklands Light Railway will be running a normal service after it was hit by a strike over a separate issue on Thursday.
An RMT source said: “This is a step in the right direction from TfL (Transport for London) and has only occurred due to the industrial pressure from RMT members this week.”
Commuters trying to get home on South Western Railway also suffered delays due to a tree blocking the railway between Clapham Junction and Earlsfield, which led to some lines towards Wimbledon being blocked.
SWR said it expected there may be cancellations, delays or alterations to services until 8pm.
SWR services towards Putney were also blocked because of a fault on a train at Clapham Junction, with delays or alterations expected until 6pm.
Business
Hyundai says opening of raided plant to be delayed

A massive immigration raid at a Hyundai plant in the US will delay its opening by at least two months, according to the company.
The raid has raised tensions between the US and South Korea, where many of those detained were from, with the South Korean president warning that it will discourage foreign investment into the US.
South Korean officials have said many of the workers had been sent to the US factory temporarily to help get it going.
Hyundai chief executive José Muñoz told US media the raid will create “minimum two to three months delay [in opening the factory] because now all these people want to get back”.
The raid in the state of Georgia was the biggest in US history, leading to the detention of 475 people, including roughly 300 people from South Korea.
US immigration officials said the workers were not authorized to work in the US while South Korean officials said it is common practice for Korean firms to send workers to help set up overseas factories.
The workers are due to return home on Friday. Their flight, initially set for Wednesday, was delayed after Trump proposed they remain in the US to continue training American workers, according to South Korean officials. All but one person rejected that offer.
Mr Muñoz said the firm is figuring out how it will fill the positions of the workers who plan to return to South Korea.
None of the people arrested at the site last week were directly employed by Hyundai, according to the company.
LG Energy Solution, which operates the battery plant in Georgia with Hyundai, said that many of its employees who were arrested had various types of visas or were under a visa waiver programme.
At a press conference on Thursday, South Korea’s president said if such arrangements were no longer allowed, it would make building factories in the US “more difficult… making companies question whether it’s worth doing at all”.
The situation has raised questions about the viability of the trade deal that the US and South Korea had agreed earlier this year, in which President Donald Trump had agreed to drop some of his steepest tariff threats, in exchange for promises of billions of dollars of investment.
Hyundai alone had pledged $26bn (£19.2bn), including a new steel factory in Louisiana that had been celebrated by Trump, who has made boosting foreign investment in the US to revive manufacturing a top priority.
The site of the raid is part of a bigger complex in Georgia that is eventually supposed to create 8,500 jobs and had been hailed as the largest economic development project in the state’s history.
Business
’Not far apart on tariff deal’: Trump’s India ambassador nominee says issues to be resolved ‘in weeks’; calls India a strategic partner – The Times of India

US President Donald Trump’s nominee to be the American ambassador to India, Sergio Gor has said that India-US trade deal issues will be sorted within weeks. At a Senate committee hearing for the position of US ambassador to India, Gor said, “We’re not that far apart on a deal on these tariffs.”The US aims to settle the dispute with India in the coming weeks regarding penalties enforced on Russian oil purchases, according to the senior American diplomat.“I do think it will get resolved over the next few weeks,” Sergio Gor said during his Senate committee hearing, according to an AFP report.“We’re not that far apart on a deal on these tariffs”, he said. Gor, who presently leads the White House Presidential Personnel Office, is a trusted associate of Donald Trump.The US ambassador-designate to Delhi, Sergio Gor, emphasised that India’s role as a strategic ally will influence regional and international developments, whilst affirming his dedication to strengthening America’s interests in this crucial partnership.President Donald Trump’s decision last month to elevate Gor, who serves as Director of Presidential Personnel, to the position of US Ambassador to India and Special Envoy for South and Central Asian Affairs, marks a significant appointment.
Sergio calls India a strategic partner for US
Gor said, “India is a strategic partner whose trajectory will shape the region and beyond. Under President Donald Trump’s strong leadership, I’m committed to advancing America’s interest in this important partnership.”Upon confirmation, Gor, at 38 years of age, will become the youngest US representative to serve as ambassador to India.He highlighted India’s significance, noting that its geographical location, economic development and military strength are essential for regional stability and vital for promoting shared security interests between both nations.Secretary of State Marco Rubio, who introduced Gor, noted, “who is the nominee to India, which is, I would say, one of the top relationships the US has in the world today, in terms of the future, what the world is going to look like.”Acknowledging Rubio’s introduction, Gor reinforced that India represents one of America’s most significant global relationships.He outlined his objectives, stating, “If confirmed as ambassador, I will work to deliver on the presidential agenda and advance US interests by increasing our defence cooperation, ensuring fair and beneficial trade, deepening energy security and furthering technology.”
Business
SpiceJet Delhi-Kathmandu Flight Returns After Suspected Fire, Later Cleared To Fly

New Delhi: A Kathmandu-bound SpiceJet flight faced a suspected tailpipe fire at Delhi airport on Thursday but safely returned to the bay. The incident involved flight SG041, which was being operated with a Boeing 737-8 aircraft. The flight was scheduled to leave in the morning but was delayed for more than four hours.
According to the airline, another aircraft on the ground reported a suspected tailpipe fire, prompting the pilots to return as a precautionary measure. SpiceJet said there were no warnings or alerts in the cockpit during the incident. The aircraft was later inspected thoroughly by engineers, and no abnormalities were found.
“On September 11, a SpiceJet aircraft scheduled to operate from Delhi to Kathmandu returned to bay after another aircraft on the ground reported a suspected tailpipe fire,” the airline said in a statement. “No warnings or indications were observed in the cockpit, but the pilots decided to return as a precautionary safety measure,” it added.
The aircraft underwent detailed engineering checks, and no abnormalities were found. The aircraft was subsequently cleared for operations and has already landed in Kathmandu, the spokesperson mentioned. SpiceJet assured that the decision to return was taken only to ensure safety. The number of passengers on board was not immediately known.
A tailpipe is the exhaust pipe of a jet engine, and a tailpipe fire, also called an internal fire, can occur within the normal gas flow of the engine. Such incidents typically happen on the ground, either during engine start-up or shutdown, according to aviation safety platform SKYbrary.
Despite the scare, officials confirmed that the aircraft was safe and ready to resume operations after checks. The shares of the airline closed at Rs 33.64, up Rs 0.58 or 1.75 per cent, on the National Stock Exchange (NSE) on Thursday.
In the last five days, the shares have fallen by Rs 1.82 or 5.13 per cent. However, in the past one month, the stock has risen by Rs 1.96 or 6.19 per cent. Over the last six months, the stock has declined by Rs 15.41 or 31.42 per cent.
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