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World - Britain`s top bosses earn `143 times more` than staff

The heads of Britain`s largest companies earned 143 times as much as their average employee last year, a study said Monday, exposing the growing pay gap between bosses and workers. The British government has brought in laws to curb executive pay and bonuses since the financial crisis, but a severe squeeze on wage growth has fuelled public anger about highly-paid senior executives. `When bosses make hundreds of times as much money as the rest of the workforce, it creates a deep sense of unfairness,` said Deborah Hargreaves, director of the High Pay Centre think-tank, which wrote the report. The largest pay gap was at mining group Randgold Resources, where boss Mark Bristow was paid £4.4 million ($7.36 million, 5.5 million euros) last year -- 1,500 as much as his average employee.

Monday, August 18, 2014  22:04


World - Britain in payout to US firm on border security sacking

Britain will make a hefty payout to a US defence company after a tribunal found London had unlawfully terminated a contract to provide the country`s electronic borders programme. The Home Office interior ministry must pay £224 million ($375 million 280 million euros) to Raytheon Systems Limited (RSL). The eBorders programme was devised in 2003 to count everyone in and out of Britain by collecting advance passenger information on all scheduled inbound and outbound journeys. `We are looking carefully at the tribunal`s detailed conclusions to see if there are any grounds for challenging the award,` May said in a letter to lawmaker Keith Vaz, who chairs the parliamentary body scrutinising her ministry`s activities.

Monday, August 18, 2014  20:45


World - Britain sees record drop in house asking price- Rightmove

Asking prices for houses dropped a record 2.9 percent month-on-month in August, as the market calmed in London in particular, according to lettings and sales website Rightmove. The fall was the biggest in Rightmove`s records, which go back over a decade. The biggest fall in asking prices was in London, where the average asking price fell 5.9 percent to £552,783, the website said. Industry figures said that while prices typically fall during the holiday period as fewer buyers are around, fears about a rise in interest rates due to comments from the Bank of England could be having an effect.

Monday, August 18, 2014  02:29


World - Southampton swoop for Long, Gardos

Southampton announced on Thursday that they have signed Republic of Ireland striker Shane Long from Hull City and Romanian centre-back Florin Gardos from Steaua Bucharest. Gardos, 25, has also signed a four-year contract and is reported to have cost Southampton around £6 million. On Long, Southampton manager Ronald Koeman told the club`s website: `Shane is a very good player. As a striker, he`s different to (fellow new signing) Graziano Pelle, which is something we needed.

Thursday, August 14, 2014  21:01


World - Early Test finish benefits homeless charity

England`s defeat of India inside three days in the fourth Test at Manchester`s Old Trafford may not have been good news for ground authorities who lost out on two days` worth of takings and it certainly wasn`t good for the tourists. Lancashire County Cricket Club, the owners of Old Trafford, were able to use sandwiches, initially ordered to feed all the staff and volunteers on the fourth and fifth days of the Test to provide support to local homeless people. Rather than seeing the food go to waste, the club donated the sandwiches to Narrowgate Emergency Accommodation in the hope of `making a small difference` to the homeless people of the Salford area of Manchester this week. Martin Crowhurst, project manager for Narrowgate Emergency Accommodation, based in Salford, said: Monday was a wet and miserable day, so it was great to welcome in our homeless guests to a feast of sandwiches supplied by Lancashire County Cricket Club through the LCCC Foundation.

Wednesday, August 13, 2014  08:47


World - England`s Ali learning on the job

Moeen Ali admitted Wednesday he had endured a steep learning curve in his brief England career. Ali, in his first season as an international cricketer, has been a key figure in the series with India. Heading into the fifth and final Test at The Oval, starting on Friday, Ali has been pivotal in England wins at Southampton and Manchester that have transformed a 1-0 deficit into a 2-1 lead. The International Cricket Council (ICC) ordered Ali to remove the wristbands, saying they breached their regulations about players making `political` statements.

Wednesday, August 13, 2014  22:21


World - Saudi Arabia executes four for drug possession

Saudi Arabia has executed four men for possession of hashish, domestic media reported, taking to 17 the number of people put to death in the conservative Islamic kingdom in two weeks and prompting disquiet from international rights groups. Saudi Arabia`s Sharia Islamic legal code is not codified and gives extensive powers to individual judges to base verdicts and sentences on their own interpretation of Muslim law. Hadi bin Saleh Abdullah al-Mutlaq, Mufreh bin Jaber Zayed al-Yami, Ali bin Jaber Zayed al-Yami and Awadh bin Saleh Abdullah al-Mutlaq, who were executed on Monday, were from Najran on the kingdom`s southern border with Yemen, official media reported. Saudi Arabia denies it practices torture.

Tuesday, August 19, 2014  07:02


World - Yazidis haunted by cries for help as militants bury victims alive

By Humeyra Pamuk DAYRABUN Iraq (Reuters) - Refugee Samo Ilyas Ali has nine children to feed but he can`t focus on the future because the sounds of women and children crying out for help while being buried alive by Islamic State militants in northern Iraq often consume his mind. The refugees sit idle in camps in the semi-autonomous Kurdish region in northern Iraq. Traumatized by Islamic State militants notorious for beheadings and mass executions, they have simply given up on Iraq and want to go as far away as possible; U.S. air strikes against Islamic State positions and vows by Kurdish commanders to recapture Yazidi villages provided no reassurances.

Monday, August 18, 2014  19:26


World - Tens of thousands in Yemen Shiite protest

Tens of thousands of people joined an anti-government rally in Sanaa on Monday in response to a call by Shiite rebel commander Abdulmalik al-Huthi, an AFP journalist reported. The protesters assembled in Change Square then paraded in the centre of the capital, where supporters of the rebels, who are known as Huthis or Ansarullah, had converged during the morning after travelling from outside the capital. A tight security cordon was thrown up around Sanaa, with increased security along the main roads, though no incidents had been reported by the middle of the day. The demonstrators chanted slogans against the government, which has struggled to manage the political transition since the ouster in 2012 of veteran president Ali Abdullah Saleh.

Monday, August 18, 2014  13:09


Asia-Pacific - VIDEO: Singapore`s `orchid kaleidoscope`

Ali Moore reports from the Singapore Garden Festival, where designers, horticulturists and thousands of orchids have created new ideas for Asia`s gardens.

Monday, August 18, 2014  05:57

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