Executive Compensation

PRESS DIGEST- Financial Times - Feb 8

Feb 8 The following are the top stories in the Financial Times. Reuters has not verified these stories and does not vouch for their accuracy.

RPT-Doubting India's 'fastest-growing' GDP stats, economists devise their own

MUMBAI/NEW DELHI, Feb 5 From rural motorbike sales to rail freight, economists and even the central bank are devising their own ways to measure Indian growth.

5:00am IST

UPDATE 1-Volkswagen to offer generous compensation for U.S. customers - fund head

* Fund delayed by lack of agreement between VW and regulators

2:32am IST

Iran says Peugeot to pay $446 mln compensation for sanctions move

DUBAI, Feb 7 French car-maker PSA Peugeot Citroen will pay Iran over 400 million euros ($446 million) in compensation for losses after it quit the country due to sanctions, the managing director of the country's largest carmaker said on Sunday.

2:32am IST

MIDEAST STOCKS-Major bourses dragged lower by weaker oil, global equities

* Egypt retreats as non-Egyptian Arab, foreign traders cash out

07 Feb 2016

Volkswagen to offer generous compensation for U.S. customers - paper

FRANKFURT, Feb 7 Volkswagen will offer generous compensation packages for the roughly 600,000 U.S. owners of diesel vehicles that emit an illegal amount of emissions, the head of its claims fund told a German paper.

07 Feb 2016

Credit Suisse CEO to waive part of bonus after loss -Sonntagszeitung

VIENNA, Feb 7 Credit Suisse's chief executive is waiving part of his bonus in response to the lender's first full-year loss since 2008, weekly Sonntagszeitung said on Sunday.

07 Feb 2016

MIDEAST STOCKS-Saudi, Egypt edge down in early trade after oil weakens

DUBAI, Feb 7 Stock markets in Saudi Arabia and Egypt slipped in early trade on Sunday, erasing some of their gains in the previous session after oil prices reversed and global markets sold off at the end of last week.

07 Feb 2016

UPDATE 1-Egypt's Palm Hills posts 2015 Q4 profit of $26 million

CAIRO, Feb 7 Palm Hills, Egypt's second-largest listed property developer, reported on Sunday a 128 percent rise in fourth-quarter net profits to 203.5 million Egyptian pounds ($25.99 million) from 89.2 million pounds in the same period last year.

07 Feb 2016

Egypt's Palm Hills posts 2015 Q4 profit of $26 million

CAIRO, Feb 7 Palm Hills, Egypt's second-largest listed property developer, reported on Sunday a rise in fourth-quarter net profits to 203.5 million Egyptian pounds ($25.99 million) from 89.2 million pounds in the same period last year.

07 Feb 2016

Director's cut: Best-paid corporate boards

A seat on a corporate board is nice work if you can get it, especially at three companies that pay their directors more than $100,000 per meeting. A Reuters Special Report.  Full Article