British ferry operator P&O Ferries spends £36.5 mn on severance pay
Some of the sacked workers will get as much as £170,000....
Tag : workers
China’s service sector expands at a rapid pace
Findings of survey by financial information service provider Markit IFM Correspondent November 3, 2016: China’s services sector grew at the strongest pace in four months up to October as new business picked up, encouraging companies to hire more workers, a private survey showed. The Caixin China General Services PMI (Purchasing Managers’ Index) came in at...
Materialising the concept of ‘Insurance for Everyone’
The insurance penetration in Bangladesh is less than 1%, which shows the current scenario of the market February 15, 2016: The insurance industry in Bangladesh is considered to be an untapped sector. It has one of the lowest insurance penetrations in the world (around 1%). While some choose to be pessimistic about it, insurance experts...
Brazil’s President Rousseff stays in power
State interventionism wins over free market Kamilia Lahrichi October 27, 2014: Left-leaning president Dilma Rousseff won the election in recession-hit Brazil on October 26 after one of the most dramatic electoral campaigns. The country’ first female president turfed out the centrist contender Aécio Neves with about 52% of the vote against 48% for her rival...