The pay packages of UK-based chief executives have grown faster this year than those of American rivals as British companies race to close the yawning gap. The median pay at FTSE 100 companies that have reported this year has increased 11 per cent to $6.5 million, compared with a 7.5 per cent increase for US…
Global shares climbed up on Monday, buoyed by a weakened yen and the fallout from Japan’s recent parliamentary elections, which saw the ruling party lose its majority in the lower house. In Europe, France’s CAC 40 rose 0.7 percent to 7,552.94, while Germany’s DAX went up by half a percent to 19,549.65. The UK’s FTSE…
Wall Street surged to record highs after the Fed cut rates, with the S&P 500 climbing over 1.7% to set a new peak, surpassing its previous record from July. Meanwhile, the Dow Jones Industrial Average rose 1%, also reaching an all-time high, while the Nasdaq Composite jumped 2.7%, though it remains below its record set…