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Business News
Banks in Britain may be free to award even bigger bonuses from January but new pay perks are unlikely to help the country's financial industry outshine its rivals because top bankers are wary of swapping handsome fixed salaries for uncertain rewards.
Scrapping the near decade-old cap on bonuses is a core plank of Britain's post-Brexit easing of rules the European Union adopted to stop.
Hollywood studios and streaming services on Tuesday released the terms of a revised proposal to writers in a bid to end one of two strikes that have halted production and cost the California economy billions of dollars.
The Alliance of Motion Picture and Television Producers (AMPTP), which negotiates on behalf of companies including Walt Disney (DIS.N) and Netflix (NFLX.O), changed its offer.
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