Germany Debates Exec Salary Disclosures
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Spurred by a criminal trial over fat executive bonuses, Germans are debating whether it's time for their biggest companies to break a long-standing taboo and reveal what they're paying top executives.
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Plans to end subsidies for coal mining in Germany are under threat after a dispute over the timetable for the move.
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Negotiators from Volkswagen AG and Germany's biggest industrial union held a new round of wage talks Thursday, with the union threatening a flurry of short warning strikes if it doesn't get the job guarantees ...
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U.S. stock markets would have to  disclose executive pay and provide details of their regulatory  programs, under new rules proposed by the Securities and  Exchange Commission on Tuesday.
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Christopher Cox, chairman of the Securities and Exchange Commission, said some companies have been providing investors with confusing data about executive compensation, making it difficult for them to decipher how these companies are paying their top officials.
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Workers and management at German car giant Volkswagen make little headway in initial negotiations over a new pay deal.
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Company executives are putting their money where their mouths are.
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The head of personnel at Volkswagen AG said the automaker will have to make dramatic reductions in jobs in Germany if it doesn't get the labor-cost savings it wants in ongoing wage talks, a newspaper reported ...
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Volkswagen (VW) and its workers headed into crucial wage negotiations yesterday that will sorely test the tradition of labour-management co-operation at the car maker as it struggles
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Investigators working on a massive tax probe in Germany have details of conversations between suspects and the Liechtenstein bank allegedly involved, a press report said on Wednesday.
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U.S. executives are reaping another year of abundant pay, and the rich rewards are likely to stir demands for greater disclosure on how and why heads of companies are compensated.
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Selling high-wage Germany to outside investors isn't an easy job these days. Unless, curiously enough, the foreign business executives come from low-wage China.
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By Hugh Williamson in Berlin and Patrick Jenkins in Frankfurt. Simmering tensions between the German government and the country&#39;s central bank boiled over into a full-scale row last night after Hans Eichel, finance
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Defenders of financial rigour in the European Union attacked German calls for a radical dilution of the eurozone's budget rules at a lively meeting of EU finance chiefs.
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Business figures defend the paying of bonuses to City executives after an attack by the chancellor.
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The German trade union IG Metall said that it would demand a pay increase of 6.5 percent in wage talks expected to begin soon, setting the stage for a clash with employers. âThe metal and engineering industries can easily cope with and finance an increase of 6.5 percent,â IG Metallâs head, JÃ¼rgen Peters, left, said in a statement issued after a union board meeting. âItâs the employersâ turn in 2007.â Mr. Peters said IG Metall was expecting productivity gains of 1.8 percent for the economy as a whole and inflation of 2.3 percent this year, matching the government estimate. Productivity in the engineering and metal industries, however, was expected to rise more strongly, by 4.5 percent to 5.5 percent. Dieter Hundt, head of the Confederation of German Employersâ Associations, said in a statement that a 6.5 percent wage increase would hurt the economy and undermine recovery of the sector, which led to the creation of 30,000 jobs last year.
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Net income rose to 291 million euros ($366 million), or 94 cents a share, from 252 million euros, or 81 cents, a year earlier, Walldorf, Germany-based SAP said in a statement.