By The Canadian Press Wed., March 13, 2019 TORONTO - The chief executives of Canada’s five largest banks collectively earned roughly $63.2 million in total compensation during the 2018 financial year, up about 12 per cent from the previous year. Based on the banks’ latest proxy circulars, Toronto-Dominion Bank’s chief executive Bharat Masrani received the highest overall pay for the 12 months ended Oct. 31, 2018 at $15.3 million in total compensation, which includes elements such as base salary, performance-based incentives and pension value. That’s up roughly 23 per cent from Masrani’s $12.4 million in total compensation for the 2017 fiscal year, marking the biggest annual pay bump amongst the five bank chiefs. The second-highest paid banking chief executive was Royal Bank of Canada’s Dave McKay, who saw an eight per cent pay increase to $14.5 million in total compensation, followed by Bank of Nova Scotia’s Brian Porter who … [Read more...] about Canada’s Big 5 bank CEOs pay rises 6.5% to earn $54M in 2018
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By WSJ Thu., Feb. 28, 2019 This is the web version of the WSJ’s newsletter on the economy. You can sign up for daily delivery here. The U.S. and China are getting closer to a trade deal, business and consumer sentiment are looking a little emotional, and we finally get a look at full-year GDP. Good morning. Jeff Sparshott here to take you through key developments in the global economy. Send us your questions, comments or suggestions by replying to this email. GETTING CLOSER U.S. Trade Representative Robert Lighthizer said the U.S. was abandoning for now its threat to raise tariffs to 25% on $200 billion of Chinese goods, the strongest sign yet that a trade accord is near. The threat of higher tariffs had shaken world markets and forced U.S. businesses to consider moving operations out of China—while also pressuring Beijing to negotiate a cease-fire, Bob Davis and William Mauldin report. Mr. Lighthizer said that the U.S. and China reached a … [Read more...] about Real Time Economics: Did the Economy Grow 3% in 2018?
Published February 22, 2019 Markets Motley Fool Facebook Twitter Comments Print Warrior Met Coal, Inc. (NYSE: HCC)Q4 2018 Earnings Conference CallFeb. 21, 2019, 4:30 p.m. ET Contents: Continue Reading Below Prepared Remarks Questions and Answers Call Participants Prepared Remarks: Operator Good afternoon. My name is Jamie, and I will be your conference operator today. At this time I would like to welcome everyone to the Warrior Met Coal Fourth Quarter and Full Year 2018 Financial Results Conference Call. All lines have been placed on mute to prevent any background noise. After the speaker's remarks, there will be a question-and-answer session. (Operator Instructions) Thank you. Before we begin, I have been asked to note that today's discussion may contain forward-looking statements and actual results may differ materially from those discussed. For more information regarding forward-looking statements, please refer to the company's press release and … [Read more...] about Warrior Met Coal, Inc. (HCC) Q4 2018 Earnings Conference Call Transcript
By Associated Press | | PUBLISHED: February 4, 2019 at 4:48 pm | UPDATED: February 4, 2019 at 4:50 pm By Barbara Ortutay, The Associated Press Facebook, trudging through its awkward teenage years, turned 15 on Monday. Launched in 2004 as “TheFacebook,” the service was originally intended only for Harvard students. It’s now a global business that connects some 2.3 billion users. It was born in an era of desktop computers, years before the iPhone, and ran no ads. At the time it was impossible to imagine that someday countries like Russia and Iran would try to use it for sophisticated information operations in order to influence elections around the world. In 2004, CEO Mark Zuckerberg’s biggest problem may have been almost getting kicked out of Harvard. Zuckerberg’s 2019 worries include the threat of government regulation of the empire he has built and the gnawing possibility that despite its stated lofty goals around connecting people and building … [Read more...] about From dorm to world dominance: Facebook, now 15, feels all that teenage angst
The Hanoitimes - Hanoi`s property market was bolstered by high economic growth and fresh FDI inflows, mostly from Japan. Hanoi’s real estate market performed well in the last three months of 2018 with significant growth in all segments including retail space, offices, apartments, and villas, according to a report by Savills Vietnam. Part of Hanoi. Photo: Asiantoday The good growth of the property market was thanked to the country’s GDP growth rate of 7.1% in 2018, bolstered by robust manufacturing and exports and the strong expansion of the service sector, said the report. The national retail sales of goods increased 12% on year to US$145 billion in 2018. Notably, registered foreign direct investment (FDI) to Hanoi was US$7.5 billion with 29% from Japanese investors in 2018. Retail space: increase rent in new projects The stock was approximately 1.4 million square meters (sq.m) in the fourth quarter (Q4), up 3% on quarter and 6% on year … [Read more...] about Hanoi real estate market ends up 2018 brightening picture of good performances