Bloomberg Randstad Holding NV agreed to pay $429 million for jobs site Monster Worldwide Inc., one of the first e-commerce companies to go public in the 1990s at the dawn of the Internet era. Randstad will acquire Weston, Massachusetts-based Monster for $3.40 a share in cash, the companies said in a statement on Tuesday. That’s 23 percent above Monster’s ...

  London / AFP British company bosses won pay hikes of ten percent last year, creating a growing wages gap as workers faced restraint, a study showed recently. The average pay package of a FTSE 100 chief executive rose to £5.48 million ($7.12 million, 6.46 million euros) in 2015, from £4.96 million in 2014, according to research from the High ...

  Frankfurt / AFP German industrial production rebounded in June, official data showed, but analysts warned that the expansion won’t redeem a sluggish second quarter for Europe’s biggest economy. Industrial output posted growth of 0.8 percent in June compared with the previous month, preliminary data adjusted for price, calendar and seasonal effects from the federal statistics office Destatis showed. It ...