LONDON – Most banks have increased basic salaries and cut bonuses for executives in response to calls for leaner compensation packages after the financial crisis, according to a survey by consultancy Mercer.
The U.S. shed far more jobs than expected in December, signalling a bumpy economic recovery and sending the dollar and raw material prices lower. Safe-haven government bonds, which had been weighed down
European shares were flat in early afternoon trade on Friday, shedding modest gains after U.S. employers were unexpectedly shown to have cut 85,000 jobs in December, knocking hopes of a stronger, faster
U.S. employers unexpectedly cut 85,000 jobs in December, cooling optimism on the labor market's recovery and keeping pressure on President Barack Obama to find ways to spur job growth. The Labor Department
Gains in banks and mining firms offset weaker oil majors to help Britain's top share index edge up slightly by mid-session on Friday as investors awaited the release of a key jobs
Stock index futures were little changed on Friday ahead of a key monthly employment report expected show the economy stopped shedding jobs last month for the first time in two years. A
A stronger jump in inventories and positive but smaller than expected net trade drove the euro zone out of recession in the third quarter, but investment was weaker than thought, revised data
British factory gate inflation rose more than expected in December and at its fastest annual rate in nearly a year, official data showed on Friday. The Office for National Statistics said producer
A stronger jump in inventories and positive but smaller than expected net trade drove the euro zone out of recession in the third quarter, but investment was weaker than thought, revised data
Paphos International Airport, on the western coast, has secured the highest percentage of positive preferences among Thompson Airways travelers, the Cyprus Tourism Organisation announced here today. The CTO has expressed great satisfaction
