All articles for the topic: pay

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remuneration,salary,wages
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Karl Lagerfeld, Chanel fashion designer, dead at 85

Superstar fashion designer Karl Lagerfeld has died, aged 85, in Paris.

The German designer, who was the creative director for Chanel and Fendi, was one of the industry's most prolific figures, and worked up until his death.

Lagerfeld also designed collections for his own brand and collaborated with high street brand H&M.

The designer had been unwell for several weeks, and had missed a number of fashion shows.

Greek debt crisis: Eurozone leaders hopeful of deal

Eurozone leaders have broadly welcomed new proposals for Greek reforms amid hopes a deal can be struck within days to stop Greece defaulting on its debt.

German Chancellor Angela Merkel said Greece's latest offer constituted "some progress". But she said more work was needed and "time is short".

Greece must repay a €1.6bn (£1.1bn) International Monetary Fund (IMF) loan by the end of the month.

If it fails to do so, it risks crashing out of the euro and possibly the EU.

EU top court set to throw out UK bank bonus challenge

BRUSSELS - The UK is set to lose its legal battle to overturn EU rules capping bank bonuses after a top legal officer in the European Court of Justice (ECJ) said London's case had "no legitimate grounds".

The rules, which came into force this year, limit bankers' bonuses to the equivalent of their salary. Payments worth up to two times salary may be permitted but only on the basis of a vote by shareholders. 

Danger zone: Chasing West Africa’s pirates

Take a boat ride out from the Nigerian port of Lagos and it is easy to see why piracy, sea robbery and other forms of maritime crime are such a problem.

The ocean is swarming with cargo ships, oil tankers, barges and other vessels waiting for permission to enter the overcrowded port.

Great hulks of rusting metal, anchored and sitting low in the water, almost as if they are inviting pirates to sling their ladders over the side and clamber up on board.

"It was 14 August 2014," says Nigerian navigation officer Rotimi George.

EU must focus on getting better results from its spending

In its annual report on the EU budget published today, the European Court of Auditors (ECA) warns that the budget system is too focused on just getting funds spent and needs to place more emphasis on achieving results. As independent auditor, the ECA signed off the 2013 accounts of the European Union, but stresses that the management of EU spending is not yet good enough overall - either at EU level or in the Member States.

 

Enhanced services

Enhanced services

The principle behind the proposed law is that all internet traffic should be treated equally regardless of its source.

MEPs feared that unless new rules were put in place, internet providers might threaten to slow down traffic from data intensive services - such as video-on-demand and cloud storage - unless the firms behind them paid a fee.

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