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Lithuanian presidential hopefuls vow to tackle inequality

VILNIUS (Reuters) – Lithuanians started voting in a tightly contested presidential election on Sunday to replace outgoing Dalia Grybauskaite, the Baltic nation’s “Iron Lady” who was one of the European Union’s most outspoken critics of Russia. FILE PHOTO: Lithuanian presidential Read more ›

Bank of England’s Carney tells investors they are too relaxed on rates

LONDON (Reuters) – Bank of England Governor Mark Carney said on Thursday investors were underestimating how much interest rates could rise, even as the British central bank kept borrowing costs on hold due to Brexit uncertainty. Sounding more hawkish than Read more ›

Britons feel a boost in their finances from rising wages – survey

FILE PHOTO – Office workers are seen in the London Place business district near Tower Bridge in central London February 9, 2011. REUTERS/Toby Melville/File Photo LONDON (Reuters) – British households reported the strongest growth in at least a decade in Read more ›

China’s services activity quickens in March: official PMI

FILE PHOTO – A waiter prepares a table for service at Haidilao’s new artificial intelligence hotpot restaurant in Beijing, China, November 14, 2018. REUTERS/Jason Lee/File Photo BEIJING (Reuters) – Growth in China’s services industry quickened in March, an official survey Read more ›

S.Korea c.bank chief says may change policy course if ‘recovery sentiment’ worsens

SEOUL, March 25 (Reuters) – South Korea’s central bank chief on Monday said the bank may change its current cautious stance on monetary policy should “recovery sentiment” worsen significantly, signaling it could ease policies if needed. “We can think about Read more ›

Nissan top exec Munoz resigns amid broadened Ghosn probe

(Reuters) – One of Nissan Motor Co’s (7201.T) top executives has resigned, further rattling the Japanese automaker’s management team as it broadens an investigation into ousted Chairman Carlos Ghosn’s alleged financial misconduct. FILE PHOTO: Jose Munoz, Chairman of Nissan North Read more ›

UK pay gap between CEOs and staff widens – lobby group

The earnings of Britain’s top bosses will match a typical worker’s entire annual salary even faster than last year, hitting the mark by Friday lunchtime, a report by the Chartered Institute of Personnel & Development and High Pay Centre said. Read more ›

Frenchman lands job after 'just-go-ask' advice from Macron

A jobless young Frenchman told by Emmanuel Macron that all he needed to do to find a job was cross the road and ask has landed a position after video of his exchange with the president went viral online. Source Read more ›

Pay awards by UK firms pick up after brief lull – XpertHR

LONDON (Reuters) – Average pay rises awarded by British employers grew more quickly in the three months to August after a short slowdown, according to a survey published on Thursday. A construction worker walks past a poster in London, Britain, Read more ›

UK pay growth beats forecasts as hiring levels off

LONDON (Reuters) – British workers’ pay excluding bonuses picked up faster than expected during the three months to July to a rate that has not been beaten in three years, as businesses found it harder to hire staff, official figures Read more ›