Expedia chief earned $125 million during 2015 financial year
Submitted by Jitendra Tiwari on Mon, 05/02/2016 - 11:13
the chief executive of travel giant Expedia INC, has earned a whopping $125 million in compensation during 2015 financial year.
Murray Goulburn Cut Milk Prices, Farmers Feel the Pinch
Submitted by Amarinder Sekhon on Mon, 05/02/2016 - 08:55
Australia's largest milk processor Murray Goulburn Co-operative Co trimmed the long-held milk price which it planned to pay farmers, by about fifteen percent. This was the first cut to milk price in a mid-season after the financial crisis hit the globe. The move angered the farmers.
Roger Award 2015 for the ‘Worst Transnational Corporation Operating in Aotearoa/New Zealand’ Goes to IAG
Submitted by Apoorva Prasad on Mon, 05/02/2016 - 08:52
The organizers announced that the 2015 Roger Award for the 'worst transnational corporation operating in Aotearoa/New Zealand' goes to IAG.
The six finalists for the dubious award were IAG/State Insurance, Apple, Serco, Westpac, Bunnings and Media Works.
Wang Wenyin Led Amer International Planning to Invest in Small New Zealand Goldmine
Submitted by Jitendra Tiwari on Mon, 05/02/2016 - 08:48It's nothing new for the Coromandel mining region, it has happened before in 2014, when protestors have greeted prospective foreign backers with strong anti-mining messages. Now, New Talisman, the mining permit holder is expecting to secure a Chinese backer.
Construction Equipment Maker Caterpillar Inc Will Shutter Five Plants
Submitted by Apoorva Prasad on Fri, 04/29/2016 - 05:42
Peoria, Illinois based Caterpillar Inc, the maker of machinery and engines said on Thursday that the company will shutter five U. S. plants and trim approximately 820 positions.
The popular construction-equipment maker is cutting back production and employees as a response to continuous drop in demand.
Online Travel Booking Company Priceline’s CEO Resigns Over At-work Relationship
Submitted by Jitendra Tiwari on Fri, 04/29/2016 - 05:39
Priceline, the online travel booking company announced on Thursday its CEO Darren Huston has resigned following an internal investigation into a personal relationship with an employee who was not under his direct supervision. However, still the relationship within the company was a violation to its code of conduct.
