Wal-Mart will give a half-million employees pay raises, the discount retail giant said Thursday as it announced a mixed quarterly earnings report.
Belfast International airport is to double its claim for damages against Aer Lingus to £40m over the airline’s move to a rival airport.
Allan Leighton, the former Asda executive who is lined up to be the Co-op’s new chairman, has accepted a 34.3m Danish kroner (£3.4m) payoff from Pandora, the jewellery brand, where he steps down as chief executive next month.
Princeton University received nearly $300 million in rare books and manuscripts from William H. Scheide, the largest donation in the school's history.
Wood Group, the energy services firm, will cut jobs this year after becoming the latest company to slash spending following the sharp fall in the price of oil.
It was back in 1993 that the reforming fund manager Alastair Ross Goobey wrote to the chairmen of FTSE 100 companies to tell them that three-year rolling contracts for executives, guaranteeing huge payouts in the event of failure, had had their day.
For dozens of employees of this Chinese start-up, it's the Year of the Tesla rather than the Year of the Sheep.
Tesco has named John Allan, chairman of housebuilder Barratt Developments and card processor Worldpay, as its new chairman, completing a sweeping overhaul at the top of Britain’s biggest retailer.
Frits van Paasschen, president and chief executive of international hotel chain Starwood, has resigned "by mutual agreement with the board of directors," according to the company.
Allegations of corruption at the aircraft engine-maker Rolls-Royce spread to Brazil on Monday, adding to the woes of a group that is already involved in a Serious Fraud Office (SFO) investigation into bribery claims in China and Indonesia.
Rolls-Royce is poised to cut its dividend payment to shareholders for the first time in almost 25 years, underlining the crisis at the famous engineering group.
The government has appointed Sir Philip Hampton, one of Britain’s most highly regarded bosses, to push for more women in top management jobs at large companies.
One of the UK’s largest companies, British American Tobacco (BAT) is facing demands that it be investigated by the US Department of Justice, following allegations that it engaged in widespread bribery of politicians and policymakers in Africa.