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EU budget rebate non-negotiable: Britain
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AFP - 17:42
LONDON (AFP) - Britain insisted that the EU budget rebate it has enjoyed since 1984 is "not negotiable," after French President Jacques Chirac suggested that negotiations over the post-enlargement financing of the EU should include the issue. ...
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Prodi backs 3 pct rule in "stupid" pact
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Reuters - 14:18
PARIS (Reuters) - European Commission President Romano Prodi said on Sunday he supported the euro zone's three percent budget deficit ceiling but still thought the Stability and Growth Pact that established it was "stupid". ...
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M&S boss gets biggest UK pay rise - survey
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Reuters - 19:09
By Sonya Dowsett
LONDON (Reuters) - Revived retailer Marks and Spencer gave its chairman, Luc Vandevelde, the biggest pay rise among blue-chip British companies last year, more than doubling his package, according to a survey. ...
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Prodi, under fire, stands by EU budget rules comment
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Reuters - 17:45
By Swaha Pattanaik
BRUSSELS (Reuters) - European Commission President Romano Prodi on Friday stood by his description of the pact which underpins the euro as "stupid" as politicians and central bankers rushed to defend the budget rules. ...
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Survey reveals investor qualms about company statements
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Business Standard - 0:32
A vast majority of investors as well as financial analysts worldwide are sceptical of the short-term earnings reported by companies, a recent survey of transparency in external reporting by PricewaterhouseCoopers (PwC) says. ...
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Greenspan tells Congress to control spending
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moneycontrol.com - 9:42
In his testimony, The US Fed chairman Alan Greenspan admonished the Congress and asked it to refocus on controlling spending, reports CNBC India. ...
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Challenges continue, Infy chief tells analysts
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Business Standard - 23:53
Infosys Technologies today said that while infotech budgets have stopped bleeding and firms will spend slightly more on solutions, the business outlook continues to be challenging. ...
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