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Marks & Spencer outgoing CEO gets $3.3m exit package

  Bloomberg Marks & Spencer Group Plc’s outgoing Chief Executive Officer Steve Rowe is set to receive a £2.6-million ($3.3 million) compensation package as he officially steps down from his role this summer. That includes a £1.6 million bonus because he will serve as adviser to the new leadership for a year, according to the annual report. Half of the ...

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Qantas needs office staff to work as crew

  Bloomberg Australia’s Qantas Airways Ltd is appealing to head-office employees to help the airline’s overworked ground handling staff as the pandemic-hit sector struggles to cope with a rebound in air travel. Workers at the headquarters of Sydney-based Qantas and its Melbourne-based low-cost airline Jetstar have been asked to step in and assist during the peak July vacation period, according ...

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No progress at Russia-Turkey talks on Ukraine grain exports

Bloomberg Talks between Russia and Turkey brought no signs of progress on a deal to unblock shipments of Ukrainian grain that have contributed to warnings of global food-supply crisis. Kyiv, which wasn’t invited to participate in the talks in Ankara, is skeptical of the Kremlin’s intentions and is seeking strong security guarantees that would allow it to export the key ...

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