VW puts 10-mn-euro cap on executive pay after dieselgate crisis
German car giant Volkswagen
Wolfsburg - AFP
German car giant Volkswagen on Friday said it was capping the chief executive's pay package at 10 million euros as it moved to rein in top brass salaries in the wake of the "dieselgate" scandal that has cost the company billions.
Other members of the board will see their annual remuneration capped at 5.5 million euros, VW said in a statement.
"This reduces the maximum remuneration theoretically possible by up to 40 percent compared with the previous system," it added.
GMT 12:07 2018 Tuesday ,23 January
Syria Kurds urge civilians to take up arms against Turk assaultGMT 12:03 2018 Tuesday ,23 January
Egypt military accuses presidential hopeful of crimes including forgeryGMT 11:41 2018 Tuesday ,23 January
UK regulator says Fox's Sky takeover 'not in public interest'GMT 11:38 2018 Tuesday ,23 January
South African jazz legend Hugh Masekela diesGMT 11:36 2018 Tuesday ,23 January
EU removes eight countries from tax haven listGMT 11:32 2018 Tuesday ,23 January
8.2 magnitude quake hits off Alaska: USGSGMT 11:28 2018 Tuesday ,23 January
Mattis calls for Turkish 'restraint' in SyriaGMT 03:43 2018 Tuesday ,23 January
Turkish soldier killed in Syria operation: army
- Tuesday ,23 January GMT 12:03 2018 Egypt military accuses presidential hopeful of crimes including forgery
With Job Cuts, China Deal
France's Carrefour revamps operations
Paris - Emiratesvoice
France's Carrefour group said Tuesday it is overhauling its business in a transformation plan involving thousands of job cuts, a product revamp and new partnerships in China. Carrefour, which was the world'sTo partake in Beiteddine Festivals
Singer Bruni arrives in Beirut Sunday evening
Beirut - NNA
French renowned singer and supermodel, Carla Bruni, is expected to arrive this evening at Rafic Hariri International Airport in Beirut, accompanied by her husband, former French President Nicolas Sarkozy. BruniIn France
Microsoft to open 4 data centres
Paris - Emiratesvoice
Microsoft is to open 4 data storage centers in France to meet strong customer demand for cloud computing, the head of the software giant's French operations told the Agence France-Presse onIn Olympic Spotlight
'Friendly and kind' N. Korean skaters
Taipei - Emiratesvoice
North Korea's figure skaters Ryom Tai-Ok and Kim Ju-Sik are "friendly and kind and a little bit shy", South Korea's Kim Kyueun said Tuesday ahead of their hugely anticipated Olympic appearance. The skater is competing with her partner Alex Kam in theFor $11.6 Bn
Sanofi buys US haemophilia treatment
Paris - Emiratesvoice
French pharmaceutical firm Sanofi said Monday it had reached an agreement to purchase US biotech company Bioverativ, which specialises in treatments for haemophilia and rare blood disorders, for $11.6 billion. Sanofi's chief executive Olivier Brandicourt said the acquisition "enhances its presence in specialtyParis show pays homage
to 'eternal style' of late Alaia
Paris - Emiratesvoice
Two months after legendary designer Azzedine Alaia's sudden death plunged the fashion world into mourning, an exhibition in homage to the "King of Cling" opens Monday in his studios in Paris. The Tunisian-born designer, renowned for the way his clothes hugged the body, died suddenly in November aged 82, reportedly of heart failure after falling down the stairs at his home. The diminutive maverick, who ignored fashion week convention by showing when and where he wanted, in July produced his first couture collection in six years to rapturous reviews. Now some of his most iconic dresses are going on display in the glass-roofed gallery next to his studio and home in the Marais district where he used to show his creations. It includes the dress worn by supermodel Naomi Campbell, his longtime friend and muse, when she led
GMT 10:18 2016 Wednesday ,23 March
cartoon seven
GMT 13:23 2017 Thursday ,02 February
Blondie plans star guests for new album
GMT 13:24 2016 Wednesday ,16 March
Brazil's Rousseff hit by explosive new accusations
GMT 10:04 2017 Saturday ,30 December
Ships blocked by UN: three from NKorea, one from Palau
GMT 08:43 2017 Wednesday ,30 August
Former union official pleads guilty
GMT 19:30 2011 Thursday ,03 November
Future uncertain for Kuwait\'s Zain
GMT 12:32 2015 Sunday ,02 August
New Suez Canal services region, whole world
GMT 18:59 2015 Monday ,23 March
Saudi King Salman bin Abdulaziz receives UK foreign secretary
GMT 00:59 2013 Friday ,15 November
Ocean acidity may increase by 170% by end of century
GMT 01:05 2014 Sunday ,06 April
Kate Upton channels Marilyn Monroe at \'The Other Woman\' premiereGMT 21:35 2012 Wednesday ,10 October
Abuse of Asian domestic workers a habit
GMT 13:32 2016 Saturday ,23 January
China plans marine conservation projects
GMT 20:27 2015 Saturday ,26 September
Mexico marks one year since 43 students vanished
GMT 15:02 2015 Wednesday ,15 April
Iran to name first female ambassador
GMT 19:02 2015 Sunday ,08 February
Greek PM promises to re-open ERT public television
GMT 22:28 2014 Tuesday ,17 June
Home prices in more cities start to fall
GMT 18:49 2016 Monday ,04 April
China warns of geological disasters in the south
GMT 10:28 2015 Thursday ,02 July
Cambodian FM to visit Thailand next week
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Send your comments
Your comment as a visitor