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France opposes payout for ex-Air France-KLM CEO
France's new Socialist government said Wednesday that it would oppose a €400,000 ($500,920) payout for Air France-KLM's former CEO, part of its push to rein in top-level pay at state-owned companies.The payment for Pierre-Henri Gourgeon, who resigned in October, has already been approved by the executive board as compensation for the non-compete clause in his contract.But Industrial Recovery
France's new Socialist government said Wednesday that it would oppose a €400,000 ($500,920) payout for Air France-KLM's former CEO, part of its push to rein in top-level pay at state-owned companies.The payment for Pierre-Henri Gourgeon, who resigned in October, has already been approved by the executive board as compensation for the non-compete clause in his contract.But Industrial Recovery
Serena Williams loses in first round first time
Serena Williams was bundled out of the French Open tennis after she suffered the worst Grand Slam defeat of her career.
Serena Williams was bundled out of the French Open tennis after she suffered the worst Grand Slam defeat of her career.
Sharapova proud of her Russian origin
/Ria Novosti) Despite being the world's highest-earning sportswoman, Russian No.1 tennis player Maria Sharapova says she's proud to hail from a run-down Siberian town.
/Ria Novosti) Despite being the world's highest-earning sportswoman, Russian No.1 tennis player Maria Sharapova says she's proud to hail from a run-down Siberian town.
Vodka prices set for 30 percent hike in Russia
/RIA Novosti) Russia, a country of vodka drinkers, will increase the minimum price of the drink by around 30 percent this year.
/RIA Novosti) Russia, a country of vodka drinkers, will increase the minimum price of the drink by around 30 percent this year.
Russian social network delays IPO after Facebook crash
/RIA Novosti) VKontakte, one of Russia's most-popular social networks, has postponed its initial public offering indefinitely after the flotation of the world's largest social network Facebook took a hammering.
/RIA Novosti) VKontakte, one of Russia's most-popular social networks, has postponed its initial public offering indefinitely after the flotation of the world's largest social network Facebook took a hammering.
Iran's n-plant launch delayed
/RIA Novosti) The full capacity launch of Iran's Bushehr nuclear power plant, the first in the country, may be rescheduled to June from May, a Russian official said.
/RIA Novosti) The full capacity launch of Iran's Bushehr nuclear power plant, the first in the country, may be rescheduled to June from May, a Russian official said.
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