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Thames Water Blocks £2.5m Executive Payouts After Backlash
Thames Water has blocked a £2.5m bonus payout for nearly two dozen executives after a political backlash, The Telegraph reported. The utility, which is struggling under £21bn of debt, has decided to defer the payment scheme until…
Inflationary Pressures Appear Contained, Bank of Canada’s Macklem Says
Despite a sharp rise in food prices, inflationary pressures in Canada appear contained, Bank of Canada Gov. Tiff Macklem said Tuesday, adding that policymakers remain focused on keeping inflation at or near 2% to preserve…
U.S. Confirms Tariff Elements of Trade Deal with Switzerland
The U.S. Trade Representative on Wednesday announced the implementation of tariff-related elements in a trade agreement framework reached with Switzerland and Liechtenstein in November, Reuters reported. The tariff rates…