All posts tagged: rises

Academy CEO pay rises again, but women miss out at the top

Academy CEO pay rises again, but women miss out at the top

Almost 100 academy trust bosses are paid eye-watering salaries of more than £200,000, prompting calls from governors for an NHS-style executive pay framework. Schools Week’s annual investigation into chief executive pay – which analysed almost 1,100 trusts – also found 90 per cent of those above the £200,000 threshold were given rises and that six trust chiefs were paid more than £300,000 last year. Only a quarter of the top earners were women. Source link

Oil Rises Back Above 0, but US Stocks Hold Steadier After US-Iran Talks Failed to End the War

Oil Rises Back Above $100, but US Stocks Hold Steadier After US-Iran Talks Failed to End the War

NEW YORK (AP) — Oil prices are back above $100 per barrel on Monday after 21 hours of ceasefire talks between the United States and Iran failed to end their war. But U.S. stocks are holding relatively steady, an indicator that Wall Street still hopes both sides will ultimately avoid a worst-case scenario for the global economy. The S&P 500 was virtually unchanged in morning trading after erasing an earlier dip. The Dow Jones Industrial Average was down 250 points, or 0.5%, as of 10:05 a.m. Eastern time, and the Nasdaq composite was 0.3% higher. The moves were much more modest than the extreme swings that have been hitting financial markets since the war began in late February. The oil market showed more concern, and prices there rose roughly 5%. But even there, prices pared bigger, earlier gains as the morning progressed. A blockade would keep even more oil off the global market, after prices already jumped for everyone worldwide because of shortfalls due to Iran’s restrictions on traffic in the important strait. That narrow …

Cinemark CEO’s Pay Rises to .8 Million

Cinemark CEO’s Pay Rises to $10.8 Million

A month ahead of its annual shareholder meeting, major theater chain Cinemark has disclosed its pay for its C-suite, with its top executive seeing a 10 percent bump in compensation for 2025. Sean Gamble, 51, who has led the exhibitor chain as CEO for the past four years, saw total compensation (including stock awards and incentive plan pay) rise to $10.8 million last year, the exhibitor disclosed in a securities filing on Wednesday. That’s up from $9.8 million in 2024 and $8.8 million in 2023. Melissa Thomas, the CFO of Cinemark who joined the theater chain from Groupon five years ago, saw pay of $3.36 million, up from $2.94 million in 2024 and $2.69 million in 2023. The chain, which competes with longtime leader AMC Theatres as well as Regal, has made market share gains of late to about 15 percent of domestic box office as AMC grapples with its debt load and Regal emerges from bankruptcy protection under new leadership. It operates 496 theaters with 5,637 screens in the U.S. and Latin America. Cinemark …

Who is Ghalibaf? Iran’s hard-line speaker rises as Trump talks peace

Who is Ghalibaf? Iran’s hard-line speaker rises as Trump talks peace

Rather than pursue university studies or work in his father’s shop, he decided to join the Revolutionary Guard at age 18 and fought in the Iran-Iraq war. In his autobiography, he wrote that he essentially grew up during the brutal eight-year conflict that left hundreds of thousands dead, and he quickly rose through the ranks to become a commander. His brother, Hassan, was killed in the war. After the war, Iran’s supreme leader at the time, Ayatollah Ali Khamenei, appointed Ghalibaf, who is a brigadier general, to be the head of the Revolutionary Guard’s air force. In 1997, Ghalibaf traveled to France to get a pilot’s certification to fly Airbus planes, and he has flown planes for Iran’s national carrier, Iran Air, according to his autobiography. Ghalibaf also was the country’s chief of police and has overseen crackdowns on protests and internal dissent. During his 12-year tenure as mayor of Tehran, Ghalibaf was accused of corruption, which he denied. He also ran for president four times. In 2005, Ghalibaf wore a white suit at some …

Tension rises between Israel and Lebanon as IDF occupies south of Litani river

Tension rises between Israel and Lebanon as IDF occupies south of Litani river

Israel shows no signs of slowing down its military campaign in Lebanon. It has so far killed at least 1039 people and displaced more than a million in more than three weeks of fighting with the Iran-backed militant group Hezbollah. Instead,Tel Aviv said on March 24 its military will seize control of the area south of the Litani river. Hezbollah has vowed to fight back. Keywords for this article Source link

Singapore’s core inflation rises to 1.4% in February, highest since December 2024

Singapore’s core inflation rises to 1.4% in February, highest since December 2024

SECTORS Official data released on Monday showed that accommodation inflation declined to 0.3 per cent in February from 1.9 per cent the month before. This was due to a smaller increase in the cost of housing maintenance and repairs, said MAS and MTI. Private transport inflation eased from 2.7 per cent in January to 2.4 per cent in February on account of a larger decline in petrol prices in February. Electricity and gas prices fell from -4.2 per cent to -4.3 per cent because of a steeper decline in electricity prices in February, while retail and other goods inflation picked up slightly from 0.5 to 0.6 per cent due to a larger increase in the cost of medicines and health products, as well as higher prices for furniture and furnishings. Food inflation rose to 1.6 per cent in February from 1.2 per cent, as the prices of non-cooked food and food services rose at a quicker pace. Services inflation went up to 2 per cent, from 1.5 per cent, primarily because of an increase in …

Milei’s “Miracle” Faces First Cracks As Argentina’s Unemployment Rises

Milei’s “Miracle” Faces First Cracks As Argentina’s Unemployment Rises

Argentina’s much-touted turnaround under Javier Milei may be losing momentum, with fresh labor data pointing to a weakening jobs market, according to Bloomberg. By the end of last year, unemployment had climbed to 7.5%—the highest rate for a fourth quarter since the Covid era—reflecting a deterioration in employment conditions before the government pushed through its landmark labor overhaul. New figures show that joblessness in the formal sector increased for the first time in three quarters, while the share of workers in informal roles remained largely unchanged at roughly 43% of total employment. Bloomberg writes that since Milei took office, Argentina’s formal private sector has shed more than 200,000 salaried positions—around 3% of its workforce. Although the government has also eliminated thousands of public-sector jobs, the overall unemployment rate hasn’t surged as sharply as expected, partly because more people have turned to freelance or informal work to make ends meet. In February, Milei secured a major political win when Congress approved a scaled-back version of his labor reform, designed to reduce hiring and firing costs and …