All articles for the topic: executive

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http://vocabulary.semantic-web.at/CBeurovoc/C5080

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. 

Google may face $6bn EU anti-trust fin

GOOOOHOOOOGLE Google’s anti-trust row with the European commission could turn into a case bigger than the one that cost Microsoft more than €2.2bn (£1.7bn), the outgoing competition commissioner warned on Tuesday.

In a dramatic change of position, Joaquín Almunia, the EC’s competition commissioner, told the European parliament that unless Google altered its offer to settle complaints, it could face a “statement of objections”, the formal path towards a fine that could equate to 10% of the company’s global revenue, or about $6bn (£3.7bn).

UN scheme to boost Syrian children’s education given $316m donation

More than $316m (£193m) was pledged on Wednesday to support Syrian children affected by the conflict as part of a UN-led initiative to alleviate the impact of the crisis on young people.

The EU pledged $145m, the US $90m and the UK $81.6m to the No Lost Generation initiative, which was launched last year by a consortium of UN agencies, NGOs and international donors.

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