Executive Compensation

Lawyers expect hundreds of claims at start of GM ignition-switch fund

NEW YORK, July 31 - Several hundred claims are expected to be filed at the start of a GM-financed program being launched Friday to compensate victims of a faulty ignition switch on some of its vehicles, lawyers say.

European court rules Russia must pay Yukos shareholders 1.9 bln euros

MOSCOW/STRASBOURG - Europe's top human rights court awarded shareholders in Yukos 1.9 billion euros ($2.6 billion) in damages on Thursday, a new blow to Russia days after some of the former oil company's shareholders won $50 billion in The Hague.

31 Jul 2014

WRAPUP 3-U.S. wage growth picking up as labor market tightens

WASHINGTON, July 31 - U.S. labor costs recorded their biggest gain in more than 5-1/2 years in the second quarter and a gauge of trends in the jobs market fell to an eight-year low last week, bolstering the economy's outlook.

31 Jul 2014

COLUMN-Clashes with Russia point to globalization's end

(The opinions expressed here are those of the author, a columnist for Reuters.)

31 Jul 2014

UPDATE 2-CME Group earnings miss estimates due to weak volumes

CHICAGO, July 31 - CME Group Inc will cut costs by reducing hiring and employee travel to help compensate for weak trading volumes, the chief financial officer said on Thursday after the world's largest futures market operator posted lower-than-expected earnings.

31 Jul 2014

UPDATE 3-European court rules Russia must pay Yukos shareholders 1.9 bln euros

* Over 55,000 Yukos shareholders could receive compensation

31 Jul 2014

UPDATE 3-Erste Group aims to turn page after record 2014 loss

* Q2 net loss after minorities 1.03 bln eur (poll 1.11 bln)

31 Jul 2014

UPDATE 2-Brazil's Vale profit falls; prices undermine record output

RIO DE JANEIRO, July 31 - Brazilian miner Vale SA posted a sharp decline in profit from the previous quarter as lower iron ore prices undermined record production of the steel-making ingredient.

31 Jul 2014

TABLE-U.S. Q2 employment costs rise 0.7 pct

July 31 - U.S. Labor Department employment cost data for U.S. workers in percent changes.

31 Jul 2014

CORRECTED-UPDATE 2-Rolls-Royce says 2014 on track, to return to growth next year

(Corrects to clarify pretax profit beat forecasts in seventh paragraph)

31 Jul 2014
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Is U.S. economic patriotism hurting?

Any Americans believing that their country is being bought up by the Chinese might want to think again, according to the Vale Columbia Center on Sustainable International Investment.