Those with the power to negotiate concessions will follow.'

That would support its attempts to diversify foreign exchange reserves and also make it easier to negotiate concessions on its investments.

He will have to negotiate concessions with the city's 48 unions and decide how extensively to cut services or city payroll.

The United Kingdom should be allowed negotiate concessions from the European Union if chooses to pursue a so-called soft Brexit, Tánaiste Simon Coveney has said.

Garcetti said he negotiated concessions from current and future union workers that have saved the city millions of dollars.

"I am not authorized to negotiate concessions of this magnitude."