Posts Tagged ‘global’

German carmaker BMW AG said Tuesday its net profit fell 74 percent in the third quarter as it continued to be affected by the global economic downturn.

Link:
BMW 3Q net profit falls 74 percent to euro78 million (AP via Yahoo! Finance)

BMW has become the first major company in Germany to change its compensation practices amid growing concern over excessive banker bonuses. The company cited a fairer work environment as its reason.

Originally posted here:
BMW Links Executive Pay To That Of Its Line Workers (Free Internet Press)


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