German bosses' chief tells politicians to stay out of executive pay
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The head of Germany's industrial federation has urged 15,000 company bosses to stick together in resisting any cap on executive salaries being mooted by some politicians, the daily Bild reported Saturday.
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Germany's Finance Ministry puts pressure on Deutsche Post boss Klaus Zumwinkel to quit.
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A Deep South Republican lawmaker with financial market clout said excessive corporate executive pay reflects U.S. ethical and moral decline and warned that most Americans will not put up with it for very long.
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Executives urged to quit over risks that took lender to the brink of collapse.
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MPs urged to respect government's pay restraint policy by voting down recommendation for 2.56% rise in salaries in favour of staged award
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Business & money: Annual meeting faces complaints about pay rises for chief executive Justin King.
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Gordon Brown will order his whips to face down any attempt by MPs to back an inflation-busting pay rise worth as much as 10% over three years
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Volkswagen management has offered to  freeze its own pay for two years in a bid to gain workers'  support for an austerity drive, but union mediators dismissed  the move as a "distraction tactic."
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The former chief executive of Siemens AG, itself embroiled in a corruption scandal, said Sunday he will not resign as chairman of the company's supervisory board, despite a growing chorus for more accountability at one of Germany's biggest conglomerates.
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Defenders of financial rigour in the European Union attacked Tuesday a German call for a radical overhaul of the eurozone's budget rules at a lively meeting of EU finance chiefs.
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Party chairman Hazel Blears is among Labour figures who say cash-for-honours claims are damaging politics.
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The European Central Bank should not raise rates above 4%, the chief economist of a German research body says.
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The head of Axel Springer, Europe&#39;s largest newspaper publisher, which plans to stop investing in a private postal service because of German minimum wage laws, blasted the Berlin government for ignoring a conflict of interest.
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The chief executive of Deutsche Post AG has offered to resign in the wake of allegations that he evaded some $1.45 million in taxes through investments in Liechtenstein, the Finance Ministry said Friday.
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Finance Minister Peer Steinbrueck called for a common minimum wage for workers in Germany in an interview Wednesday, taking up an key issue that divides the coalition government.
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The situation at German carmaker  Volkswagen  is serious, a senior executive said,  although he denied a report that the company could cut an extra  10,000 jobs at its core VW brand.
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The incoming head of the European Commission has been trying to end a dispute which threatens to leave the EU without an executive.