compensation
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FinanceStudies Show 525,000 UK Council Homes Have Serious Disrepair
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Top StoriesFactbox-European Companies Offer One-Off Bonuses, Hike Pay Amid Cost-Of-Living Crisis
Italy Unions Seek Stellantis, Ferrari Wage Rise of Over 8% for 2023
Date: October 10, 2022
By Giulio Piovaccari and Rodolfo Fabbri MILAN/ROME (Reuters) – Italian unions on Monday demanded a wage rise of 8.4% for next year to offset rising inflation as they prepare for official talks with industrial groups Stellantis, Ferrari, Iveco and CNH Industrial. The request could pave the way for similar requests in wage bargaining in Italy,...
Air France and Airbus Face French Court Over Rio-Paris Crash
Date: October 10, 2022
PARIS (Reuters) – Air France and Airbus face the start of a nine-week manslaughter trial on Monday, 13 years after an A330 jet plunged into the Atlantic killing all 228 people on board. Flight 447 vanished in pitch darkness during an equatorial storm en route from Rio de Janeiro to Paris on June 1, 2009....
M&g Appoints Former Head of Axa Investment Managers Andrea Rossi as New CEO
Date: September 29, 2022
LONDON (Reuters) – British investment manager M&G said on Thursday that Andrea Rossi, a former head of AXA Investment Managers, will take over as Chief Executive Officer of the company. Rossi will replace John Foley, who led M&G’s split from parent Prudential in 2019, and who announced in April his intention to retire. Most recently,...
EU Draft Rules to Make It Easier to Sue Drone Makers, AI Systems
Date: September 28, 2022
By Foo Yun Chee BRUSSELS (Reuters) – Individuals and companies that suffer harm from drones, robots and other products or services equipped with artificial intelligence software will find it easier to sue for compensation under EU draft rules seen by Reuters. The AI Liability Directive, which the European Commission will announce on Wednesday, aims to...
Stellantis Offers French Workers Bonus Payment to Ease Inflation Pain
Date: September 27, 2022
By Gilles Guillaume PARIS (Reuters) – Stellantis will provide financial support worth up to 1,400 euros ($1,350) to most of its employees in France and will bring forward salary negotiations to December to counter surging consumer prices, the carmaker said after talks with unions. Europe’s cost-of-living crisis is putting upward pressure on wage inflation as...
Gsk Picks Burberry’s Brown as First Female CFO
Date: September 26, 2022
By Amna Karimi and Pushkala Aripaka (Reuters) -GSK named luxury fashion brand Burberry’s Julie Brown as its first ever female chief financial officer on Monday to succeed Iain Mackay, as the British drugmaker sharpens focus on its core pharmaceuticals business. Mackay, 60, will be retiring next year after serving as GSK’s finance chief for nearly...