15 arrested in anti-austerity protests in Spain
July 21st, 2012 - 11:10 am ICT by IANS
Madrid, July 21 (IANS/EFE) Fifteen people were arrested and 16 sent to hospitals with minor injuries as a result of clashes that followed an anti-austerity protest in the Spanish capital.Similar ... Read more...
Posted in Business |
Spanish royals cut their own pay
July 18th, 2012 - 11:51 am ICT by IANS
Madrid, July 18 (IANS/EFE) Spain's King Juan Carlos decided to cut his salary and that of Crown Prince Felipe by 7.1 percent in line with government-mandated reductions in pay for ... Read more...
Posted in Business |
Pay cut spurs more protests by Spanish public employees
July 17th, 2012 - 12:33 pm ICT by IANS
Madrid, July 17 (IANS/EFE) Protests by public employees against the Spanish government's decision to cut their pay as part of a new austerity package continued here Monday.Prime Minister Mariano Rajoy's ... Read more...
Posted in Business |
Spanish government approves austerity package
July 14th, 2012 - 1:01 pm ICT by IANS
Madrid, July 14 (IANS/EFE) Spain's conservative Popular Party government has approved a new austerity package, its fourth in seven months, saying the measures it contains are justified by the country's ... Read more...
Posted in Business |
Spain to trim another $80 bn with new austerity measures
July 12th, 2012 - 12:41 pm ICT by IANS
Madrid, July 12 (IANS/EFE) Spanish Prime Minister Mariano Rajoy announced Wednesday the fourth austerity package of his seven-month-old administration, a move aimed at achieving 65 billion euros ($80 billion) in ... Read more...
Posted in Business |
New bonus rules for British banks, more in store
July 8th, 2010 - 3:56 pm ICT by IANS
By Venkata Vemuri
London, July 8 (IANS) It is payback time for British banks whose heavy risk-taking caused the country's worst financial downturn two years ago. New rules, led by cash caps on ... Read more...
Posted in World |
Abramovich down to his last 7 billion pounds
December 23rd, 2008 - 5:20 pm ICT by ANI
London, Dec 23 (ANI): Russian magnate and Chelsea tycoon Roman Abramovich who is thought to be down to his last 7billion pounds has also ordered a pay freeze for staff on ... Read more...
Posted in Sports |
Simon Cowell rakes in PS250,000 a day from chart toppers
December 19th, 2008 - 3:24 pm ICT by ANI
London, Dec 19 (ANI): Music mogul Simon Cowell is said to have been raking in 250,000 pounds a day from this years Christmas chart-toppers.His music label is not only profiting from ... Read more...
Posted in Entertainment |