Executive Compensation

Fed ready to take more action aimed at banking system safety: Yellen

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WASHINGTON - Federal Reserve Chair Janet Yellen on Wednesday said the central bank is prepared to take further action to make the financial system safer, in a warning to the banking industry and non-bank lenders.

MIDEAST STOCKS-Gulf markets rise as oil hits new 2015 high

DUBAI, May 6 - Most Gulf stock markets rose on Wednesday as Brent oil climbed above $69 per barrel for the first time this year, while Egypt's bourse pulled back after a rally.

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Fitch: New Electoral Law Shows Italy Reform Progressing

(The following statement was released by the rating agency) LONDON, May 06 (Fitch) The passage of a new electoral law in Italy represents progress in institutional and structural reform that would over the medium term strengthen the sovereign credit profile by reducing political risk to economic and fiscal policy-making, Fitch Ratings says. But for the moment economic reform will remain partly dependent on political manoeuvring. Italy's parliament approved the new electoral law on 4 May. It

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UPDATE 1-Fed ready to take more action aimed at banking system safety: Yellen

WASHINGTON, May 6 - Federal Reserve Chair Janet Yellen on Wednesday said the central bank is prepared to take further action to make the financial system safer, in a warning to the banking industry and non-bank lenders.

7:12pm IST

BMW says China slowdown hit premium brands harder than market

FRANKFURT, May 6 - BMW said it has cut production in China amid a market slowdown which has hit premium carmakers harder than other players, as an anti-corruption push and a slowing economy dampen demand for luxury cars.

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U.S. private payrolls growth moderates; productivity falls

WASHINGTON - U.S. private employers in April added the fewest number of workers in more than a year, which could heighten worries about the economy's potential to rebound strongly from a first-quarter slump.

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WRAPUP 1-U.S. private payrolls growth moderates; productivity falls

WASHINGTON, May 6 - U.S. private employers in April added the fewest number of workers in more than a year, which could heighten worries about the economy's potential to rebound strongly from a first-quarter slump.

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Special Report - Dow's top auditor challenged CEO on spending for years, documents show

MIDLAND, Michigan - Just before he left the company almost two years ago, the former chief auditor at Dow Chemical Co sent a two-page memo to his boss. It was labelled “DOW CONFIDENTIAL.”

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SPECIAL REPORT-Dow's top auditor challenged CEO on spending for years, documents show

MIDLAND, Michigan, May 6 - Just before he left the company almost two years ago, the former chief auditor at Dow Chemical Co sent a two-page memo to his boss. It was labeled "DOW CONFIDENTIAL."

5:45pm IST

Children's Place said it expects increase in Q1 earnings

May 6 - Children's Place Inc, which is being pushed by activist investors to improve results and explore a sale, on Wednesday forecast that first-quarter earnings this year would increase more than previously expected.

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