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Shareholders OK with soaring executive pay in US
Shareholders OK with soaring executive pay in US
by  AFP

Executive salaries at major US corporations are soaring -- but shareholders happy with stock prices and greater transparency over remuneration are not pushing back. "Shareholders tend to vote down plans after a poor performance or stock price performance in particular," said Kevin Murphy, a finance professor at the University of Southern California who specializes in executive pay.

Serbia could mine lithium as early as 2028: FT
Serbia could mine lithium as early as 2028: FT
by  AFP

President Aleksandar Vucic said Serbia could exploit lithium as early as 2028 following new guarantees from Australian mining giant Rio Tinto and the EU over the controversial project, the Financial Times reported on Sunday. Vucic told the Financial Times that the mining giant and the European Union had given "new guarantees" regarding compliance with environmental standards.

Chinese Premier Li toasts warming trade ties in Australia
Chinese Premier Li toasts warming trade ties in Australia
by  AFP

Chinese Premier Li Qiang mixed a dash of "panda diplomacy" with a visit to a historic vineyard on Sunday to celebrate a thaw in once-icy trade ties with Australia. The highest ranking Chinese official to visit Australia in seven years, Li's four-day trip offers the prospect of greater trade after Beijing lifted punitive measures against a string of major Australian exports.

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