Page 40 - Workers Pay News Today

5 Min Read MILAN (Reuters) - Investors are due to approve Andrea Orcel’s appointment as chief executive of UniCredit on Thursday, but the issue that scuppered his first attempt to run a major bank is overshadowing his second: pay. FILE PHOTO: Andrea Orcel poses with IFRs Bank of the Year for 2015 award at the 2016 IFR Awards event in London, Britain in this handout photograph shot January 27, 2016 and provided to Reuters January 22, 2020. IFR/Simon Wagner/Handout via REUTERS Orcel, 57,...

More than a year after Malawian driver Matthew was hit by a car while delivering food on his motorbike in South Africa, he lives with a shooting pain in his foot and fears for his life every time he hits the road.

After a year of economic meltdown in Lebanon, Hala Sheikh is sticking to a modest menu as she prepares the evening meal for her family to break their daily Ramadan fast.

By Reuters Staff 1 Min Read FILE PHOTO: A Walmart worker organises products for Christmas season at a Walmart store in Teterboro, New Jersey, U.S., October 26, 2016. REUTERS/Eduardo Munoz (Reuters) - Walmart Inc said on Wednesday it expected to convert two-thirds of its U.S. hourly store roles to full-time positions by the end of the current fiscal year, as the retailer looks to retain workers. Pickup and delivery businesses have boomed since the start of the COVID-19 pandemic, prompting Walmar...

Europe's largest carmaker Volkswagen has agreed a wage deal for its staff with trade union IG Metall, a spokesman told Reuters on Tuesday.

Breakingviews 3 Min Read The logo of Swiss bank Credit Suisse is seen at a branch in Winterthur, Switzerland, November 2, 2017. LONDON (Reuters Breakingviews) - Investment bank bonuses rarely act as the first line of defence. Many lenders continued to make generous payouts in 2009, even though taxpayers had just bailed them out. Credit Suisse Chief Executive Thomas Gottstein may take a different tack out of necessity. It could serve as an overdue test of the market for bank talent. The Swiss ba...

Europe's largest carmaker Volkswagen has agreed a wage deal for its staff with trade union IG Metall, a spokesman told Reuters on Tuesday.

Europe's largest carmaker Volkswagen has agreed a wage deal with Germany's most powerful union for 120,000 staff, representing 18% of its workforce, it said on Tuesday.

Norwegian private-sector workers across a range of sectors reached a wage deal with employers on Sunday, averting major strike action, the country's largest labour union said.

4 Min Read TOKYO (Reuters) - Japan’s household spending dropped for a third straight month in February, data showed on Tuesday, as emergency curbs to prevent the spread of the coronavirus hurt consumption and raised the risk of a more prolonged and bumpier economic recovery. FILE PHOTO: A woman chooses clothes at a shop in Tokyo, Japan, January 23, 2017. REUTERS/Kim Kyung-Hoon/File Photo GLOBAL BUSINESS WEEK AHEAD Separate data on wages reinforced signs of a challenging growth outlook as p...