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PARIS (Reuters) - France's new left-wing government started work on Thursday with pledges to combat excessive austerity but better manage public finances, marking the debut with a 30 percent cut in pay for President Francois Hollande and all ministers. The sizeable wage reduction was endorsed at a first meeting of the 34-minister team, a day after Germany's government awarded rises to its ministe
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Along with French elections, and with a rising tide of anti-austerity sentiment across Europe, Greece’s vote is expected to have a clear impact on the future of the euro.
Lower-ranked players will earn more than ever at Wimbledon this year after the "Big Four" of men's tennis helped negotiate a pay rise.
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NEW YORK (Reuters) - Sanjay Jha, the chief executive to Motorola Mobility, was awarded a total compensation package of about $47 million in 2011, almost four times his 2010 pay, according to a regulatory filing. The cellphone maker, which agreed to be bought by Google Inc for $12.5 billion, said on Friday that the rise was due to the successful splitting of Motorola into two companies last year t
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Although the growth in C.E.O. compensation slowed last year, the pay numbers are still eye-popping.
MISSOULA, Montana (Reuters) - "Three Cups of Tea" author Greg Mortenson has agreed to pay $1 million to compensate his Montana-based charity for using the non-profit to promote and buy copies of his...
At current or foreseeable gas prices, it would take many years for the fuel savings from hybrid and plug-in cars to make up for the cars’ high initial cost.
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BRUSSELS (Reuters) - A one-click online payment system using Facebook and Twitter that could boost Internet sales for newspapers, music vendors and other low-priced goods and services is being tested by a major European media company, according to its developer. The Internet poses an increasingly urgent problem for newspaper publishers who want to make money from the articles they put on their we
BOAO, China (Reuters) - Foxconn Technology Group will keep on increasing worker salaries in China and cutting the hours of work, Chairman Terry Gou said on Sunday, after it came under fire for poor working conditions for employees making Apple iPhones and iPads. As part of its efforts to relieve the pressure on its existing factories in Chinese cities such as Shenzhen and Chengdu, Gou said Foxcon
BBC programme makers agreed to pay the air fare of one of Britain's most controversial far-Right campaigners, so that he could appear in a panel show on Sunday morning.
NEW YORK/SAN FRANCISCO (Reuters) - The U.S. soldier accused of killing 16 civilians in Afghanistan left for war without paying a $1.5 million judgment for defrauding an elderly client in a stock scheme, and remains shielded from the obligation as long as he remains in the military, legal experts said.
Egyptian Copts were on Sunday paying their last respects to their spiritual leader Pope Shenuda III, who died at the weekend aged 88. The pope's body will remain on display in Cairo's St Mark's Cathedral until his burial on Tuesday.

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