Tag: Financial markets
World Bank: Lebanon’s crisis among world’s worst since 1850s
BEIRUT — Lebanon’s severe economic and financial crisis is likely to rank as one of the worst the world has seen in more than...
OPEC and allies expected to gradually increase output
FRANKFURT, Germany — Members of the OPEC oil cartel and allied producing countries are juggling conflicting pressures in global oil markets as they establish...
US sells off Iranian crude oil seized off coast of UAE
DUBAI, United Arab Emirates — The U.S. has sold some 2 million barrels of Iranian crude oil after seizing an oil tanker off the...
Pope invites Lebanese Christians to Vatican for peace prayer
VATICAN CITY — Pope Francis has invited representatives of Lebanon’s Christian community to the Vatican on July 1 for a day of prayer and...
Pandemic or no, CEO pay rises again. Typical package: $12.7M
NEW YORK — As COVID-19 ravaged the world last year, CEOs’ big pay packages seemed to be under as much threat as everything else....
Paycom Software’s Richison, AMD’s Su among highest paid CEOs
Here are the highest paid male and female CEOs in the S&P 500 index for 2020, as calculated by The Associated Press and Equilar,...
Many women CEOs saw raises last year, but ranks remain thin
Most of the women running the biggest U.S. companies saw their pay increase last year, even as the pandemic hammered the economy and many...
How AP and Equilar calculated CEO pay
For its annual analysis of CEO pay, The Associated Press used data provided by Equilar, an executive data firm.
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WFP boosts assistance in Lebanon as economic crisis deepens
BEIRUT — The World Food Program said on Wednesday it is tripling its assistance to Lebanon, offering cash assistance to nearly 300,000 people amid...
Norwegian low-cost airline ‘has been saved,’ CEO says
COPENHAGEN, Denmark — Low-cost carrier Norwegian Air Shuttle “has been saved,” its chief executive said Wednesday, adding it had “written history” as the ailing...
