Fortunes of UK workers diverge as many miss out on pay rises

Two fifths of British workers landed significant pay rises last year but a similar number endured stagnant salaries as the fortunes of the workforce diverged sharply, a human resources organization said on Monday.


Draft U.S. rules on commercial drones keep some limits on use

The U.S. aviation regulator proposed rules on Sunday for commercial drone flights that would lift some restrictions but would still bar activities such as the delivery of packages and inspection of pipelines that have been eyed by companies as a potentially breakthrough use of the technology.

GDP data to show Japan's economy out of recession

Japan's economy likely rebounded from recession in the final quarter of last year, data on Monday is set to show, giving a much needed boost to premier Shinzo Abe's efforts to steer the country out of decades of stagnation.

Sterling firmer in sleepy start to holiday week

Sterling scaled a six-week peak early on Monday following recent hawkish-sounding comments from the Bank of England, while the other major currencies were subdued in a holiday-riddled week.


Latest News

U.S. oil refinery managers are going to the mats, literally, during the biggest fight with union workers in 35 years, bedding down for a third strike week that experts and some employees say raises concerns over safety and operations.
General Motors Co (GM.N) awarded its top executives with shares in the company as part of a long-term incentive plan, according to company filings with U.S. regulators.
At a time the financial sector is racing to embrace digital technology to boost sales and drive profits, the traditionally staid insurance industry is in danger of falling behind.
Months after Sony Corp bought So-net, the broadband provider's chief chided CEO Kazuo Hirai for having his "priorities in the wrong order".
For renowned international architect Zaha Hadid, something in Miami never added up: the architecture didn't match the city. The city lacked residences to back up its diverse, international population and burgeoning reputation for high-end culture, including Art Basel, a large, annual contemporary fair.
State-owned Dubai World has received backing from all its creditors for a $14.6 billion restructuring plan, a court heard on Sunday, paving the way for the deal to be formally approved by May.
A former boss of HSBC, Stephen Green, has stepped down from his position with a financial services lobby group after allegations that the bank helped people dodge taxes.
The board of Ireland's Aer Lingus (AERL.I) strengthened its support for British Airways-owner IAG's (ICAG.L) takeover approach on Friday, saying that following talks with its suitor, the deal made compelling commercial sense.
France's lower house of parliament approved a law on Saturday letting shops open more often on Sundays, the latest measure in the government's pro-growth bill intended to lift the sluggish economy.
Labor Secretary Tom Perez will travel to California to help broker an agreement between shipping companies and dockworkers in a dispute that has led to a partial shutdown of ports along the U.S. West Coast, the White House said on Saturday.
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