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Citigroup Raises CEO Jane Fraser’s 2023 Pay by 6% to $26 Million
Date: February 21, 2024
Citigroup raises CEO Jane Fraser’s 2023 pay by 6% to $26 million By Tatiana Bautzer (Reuters) -Citigroup increased Chief Executive Officer Jane Fraser’s compensation by about 6% to $26 million for 2023, the lender said in a filing on Tuesday. Her pay was comprised of a base salary of $1.5 million, cash bonus of $3.7...
UK’s Costa Coffee to Give Workers 9% Pay Rise
Date: February 15, 2024
UK’s Costa Coffee to give workers 9% pay rise LONDON (Reuters) – Britain’s Costa Coffee will give over 15,000 hourly-paid workers an average 9% pay increase from April 1, it said on Thursday. The coffee and sandwich chain, a unit of Coca-Cola Co, said its starting rate will rise from 10.70 pounds ($13.42) an hour...
UK Employers Plan Smaller Pay Rises for 2024: Cipd
Date: February 12, 2024
UK employers plan smaller pay rises for 2024: CIPD By David Milliken LONDON (Reuters) – British employers plan smaller pay rises over the coming year than they did three months ago, the first such drop in nearly four years, reflecting less willingness to tolerate higher labour costs, a major survey showed on Monday. The figures...
Madrid Museum Welcomes Ruling It Can Keep Painting Looted by Nazis
Date: January 10, 2024
Madrid museum welcomes ruling it can keep painting looted by Nazis By Catarina Demony and Elena Rodriguez MADRID (Reuters) – One of Spain’s top museums welcomed a U.S. court decision allowing it to keep a French impressionist painting looted from a Jewish woman by the Nazis, which the museum said it had bought decades later...
Many German Employees Still Face Real Wage Losses in 2023 – Wsi
Date: December 7, 2023
Many German employees still face real wage losses in 2023 – WSI BERLIN (Reuters) – Despite falling inflation and rising collectively agreed wages, many Germans face a reduction in spending power this year, data from the Institute of Economic and Social Research (WSI) of the Hans Boeckler Foundation showed on Thursday. Collectively agreed wages will...
Britain Sets Out Marketing Rules for EU Investment Funds in the UK
Date: December 4, 2023
Britain sets out marketing rules for EU investment funds in the UK By Huw Jones LONDON (Reuters) -Britain proposed on Monday permanent, post-Brexit rules for investment funds from the European Union that want to continue marketing themselves to retail investors in the UK, including spelling out limitations to compensation. After Britain left the EU, it...