Companies in Iceland will now have to obtain certification for demonstrating equal pay. Iceland has been ranked the best in the world or gender pay equality for 9 years in a row, A new law has come into force in Iceland making it illegal to pay women less than men came into effect on January…
Today is India is the power in world cricket, its biggest audience and legitimate heir to the title “cricket country” from an England of a century ago although this time they failed to bring the World Cup home due to bit over confidence in the nail biting semi-final in Manchester this week. Cricket holed blockbuster…
Chinese conglomerate Fosun has offered a £750m rescue package which put them in control of the 178-year-old tour operator, but will most likely wipe out existing shareholders. Shares plunged 60 per cent after Thomas Cook revealed plans to restructure its business while bonds rallied as investors began negotiations over a deal to swap debt for…
An Air Canada Boeing 777-2000 Australian-bound flight on Thursday suffered intense turbulence, when it was cruising at 36, 000ft (10, 973 metres) about 600 miles (966km) southwest of Honolulu, and unbuckled passenger seat belt to hit the aircraft’s ceiling forcing the plane to do an emergency landing in Hawaii at 06:46 local time (16:46 GMT).…
One of India Bank Punjab National Bank said it has detected yet another fraud £445million ( Rs 3805 crores) this time by Bhushan Power & Steel Ltd and has rreported to the Reserve Bank of India. In a statement they further said that the steelmaker misappropriated bank funds and manipulated books to raise funds from…
Amazon founder Jeff Bezos divorce from his wife Mackenzie Bezos, was finalised by a judge on Friday. Under the divorce settlement Mackenzie is now set to receive 4 per cent of Amazon’s stock worth $38,5 billion, a stake that would make her the third-richest woman. He retains a 12 per cent stake worth $114.8 billion…
Older people own the wealth –housing and pensions and for the first time in British history, pensioner incomes after housing costs have caught up with those of working-age families. While government and the opposition wants to build more houses for young people – though they do want to keep free TV licences for the over…
BMW CEO Harold Krueger has quit days before a board meeting that was due to decide his future due to falling profits and catch with rivals in the race to develop electric vehicles. Kruger will remain in post until a replacement is named as BMW is hunting frantically for a new CEO. Klaus Frohlich, head…
India is cutting its fiscal deficit to boost social welfare spending in a bid to spur growth and reclaim its title from China as the world’s fastest-growing big economy. Indian Finance minister Nirmala Sitharaman said yesterday, that the government would lower its fiscal deficit target to 3.3 per cent of gross domestic product for next…
A medieval chess piece bought for £5 and left in a drawer for years has been sold at auction for £785, 000. The ivory figure is one of the five missing pieces from the historic Lewis Chessmen discovered in 1831 on the Isle of Lewis in the Outer Hebrides. The collection said to have inspired…