Anglo American shareholders rebel over boardroom pay

Investors also reject resolution that would have helped miner raise cash from outside investors, as pay row rumbles onShareholders in Anglo American have thrown out a resolution that would have helped the miner raise cash from outside investors, while staging a rebellion over boardroom pay.The revolt against the remuneration report rose to 28% from 15% […]
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South Africa’s mines: gulf between employees above and below ground

Miners may have received a pay rise after a six-week strike, but their bosses have reaped much bigger increasesIn February, a horse named Patriot reared and threw its rider. It was an unremarkable accident, the like of which is a frequent risk for amateur riders, yet it created international headlines. That was because the rider […]
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It is obscene for bosses to continue to take big bonuses | Deborah Hargreaves

What is wrong with business leaders working for a salary – like everyone else?It is no surprise that bonuses were down slightly in the City last year – the shock is that they continue to be paid at all. Many banks have seen their share prices collapse and their reputations shredded in the past year, […]
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City bonuses down 9% – but still seven times average

Average finance and insurance industry bonus was £12,000 as total sector pot fell to £13bn – compared with £20bn in 2007/8City workers still take home the biggest bonuses of any employees in the UK, despite a 9% drop in incentive pay in the sector last year.The average City bonus per employee was £12,000 in the […]
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BT hits superfast broadband target ahead of deadline

BT chief executive Ian Livingston said: ‘Our roll-out is one of the fastest in the world and our engineers deserve lots of credit.’BT Group has rolled out fibre-based superfast broadband to an area covering 10 million homes eight months ahead of deadline, after hiring hundreds of extra engineers and drafting in ex-service personnel to boost […]
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From the archive, 30 April 1912: The Republican party and coloured gentlemen

Republican electioneering is markedly deferential to coloured electors in a presidential year, writes a correspondentNo class of American citizens gets more fun or more passing importance out of a presidential election than the coloured people, who, since they were emancipated by Lincoln in 1862, have always been the political wards of the Republican party. Between […]
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Anglo American urged to act over tuberculosis claims

FTSE100 company facing legal action as South African workers say inadequate safety measures in place in mining operationsA South African miner who claims he contracted tuberculosis as a result of digging gold on behalf of Anglo American will use the FTSE 100 company’s annual meeting on Thursday to demand compensation.Daniel Seabata Thakamakau, 66, will represent […]
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FTSE edges to new six month high on mining merger, as Vodafone benefits from Indian ruling

Glencore approach to Xstrata lifts mining sector, but results from Unilever disappointOn a busy day for corporate news, Vodafone was one of the big risers after an Indian court ruling appeared to favour the company’s mobile business in the country.The supreme court has cancelled 122 licences granted to new entrants in 2008 by the former […]
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