Geneva - The pay gulf between the captains of industry and those performing the menial and administrative work is growing ever wider, according to an International Labour Organisation study.
The income of top bosses in the United States rose in real terms by an average of 45 per cent between 2003 and 2007, according to an ILO study published Thursday.
In Germany, top bosses' salaries last year were around 148 times higher than the country's average wage, said the Geneva-based organisation, which is affiliated to the United Nations.
New York - US stocks opened up on Thursday after a steep dive a day earlier amid ongoing fears of a global recession.
The blue-chip Dow Jones Industrial Average gained 91.28, or 1.06 per cent, to 8,669.19 about 10 minutes after the opening bell.
The broader Standard & Poor's 500 Index picked up 10.44 points, or 1.15 per cent, to 918.28 at 9:42 am (1342 GMT). The technology heavy Nasdaq Composite Index earned 9.23 to 1,637.56.
Kabul - An Afghan policeman was killed after he shot dead a US soldier in eastern Afghanistan, while elsewhere in the country "friendly fire" killed a coalition soldier and an Afghan civilian was killed in a rocket attack, officials said Thursday.
The Afghan policeman opened fire from a tower and threw a hand grenade toward US military forces in Bermal district of south-eastern Paktika province on Thursday, killing a US soldier, the military said in a statement.
The soldiers, who were on patrol, returned fire and killed the attacker, it said.
Washington, Oct 16 : The new head of the US Central Command has launched a major reassessment of American strategy for Afghanistan, Pakistan, Iran, Iraq and the surrounding region.
General David H. Petraeus also warned about the lack of development and the spiraling violence in Afghanistan will likely make it “the longest campaign of the long war.”
Miami, Florida - Hurricane Omar continued its course through the western Caribbean Thursday, after sweeping through the northern Leeward Islands late Wednesday.
The storm, a category-three, with maximum sustained winds of 205 kilometres per hour, is moving in a north-easterly direction, the National Hurricane Centre (NHC) in Miami, Florida said, in its hurricane public advisory.
Tropical storm warnings for the US Virgin Islands, Vieques, Culebra, and the British Virgin Islands were discontinued as the storm moved away.
Geneva - The pay gulf between the captains of industry and those performing the menial and administrative work is growing ever wider, according to an International Labour Organisation study.
New York - US stocks opened up on Thursday after a steep dive a day earlier amid ongoing fears of a global recession.
Kabul - An Afghan policeman was killed after he shot dead a US soldier in eastern Afghanistan, while elsewhere in the country "friendly fire" killed a coalition soldier and an Afghan civilian was killed in a rocket attack, officials said Thursday.
Washington - Inflation remained unchanged in the United States las
Washington, Oct 16 : The new head of the US Central Command has launched a major reassessment of American strategy for Afghanistan, Pakistan, Iran, Iraq and the surrounding region.
Miami, Florida - Hurricane Omar continued its course through the western Caribbean Thursday, after sweeping through the northern Leeward Islands late Wednesday.
