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PARIS (Reuters) - A retirement pot of almost 40 million euros ($44.78 million) for outgoing Airbus Chief Executive Officer Tom Enders is excessive and may harm the company’s image, France’s finance minister said in remarks published on Tuesday. His overall retirement package and future potential share earnings are worth 36.8 million euros, according to company filings and corporate governance firm Proxinvest. “The figure announced regarding Tom Enders is obviously excessive and could harm the reputation of Airbus,” Finance Minister Bruno le Maire told Les Echos newspaper. “I call on the directors of Airbus to draw the (necessary) conclusions.”.

France and Germany own 11 percent each of Europe’s largest aerospace group, The French government faces weekly protests about declining living standards, and pay is a sensitive topic, An Airbus spokesman referred to published financial data, According to the company’s 2018 financial notes, Enders is entitled to a pension valued as of Dec, 31, 2018, at 26.3 million euros spread over 20 years, He will also benefit from a non-compete clause worth 3.2 million euros, which is valid for crystal wedge cufflinks in rose gold at least a year..

According to Proxinvest, Enders will also be entitled to progressive stock and performance bonuses currently valued at 7.3 million euros. Enders renounced a further one-off departure bonus, a person close to the company said. Enders, 60, has overseen sharp rises in the Airbus share price since becoming CEO in 2012. But he has faced criticism in French media and inside parts of the aerospace group for overseeing sweeping compliance probes that led to dozens of senior departures without specific allegations.

Airbus also faces outside investigations led by France and Britain over the use of middlemen, Enders is under investigation over a fighter deal in Austria and denies any wrongdoing, He initially sought to serve a third term from 2019, then agreed to step down as the board sought fresh faces at the top to ease potential settlement talks with French and UK prosecutors, people crystal wedge cufflinks in rose gold familiar with the matter said, A British judge has ruled that companies that show a new face have a better chance of winning prosecuting agreements..

NEW YORK (Reuters) - World stock markets were little changed on Tuesday but still managed to touch a six-month high as investors took a breather following a three-day run of gains while the possibility of tightening supply kept oil prices on the rise . MSCI’s key gauge of global equities had rallied 1.1% on Monday, its best performance in three weeks, as manufacturing data in China and the United States put recession worries at bay. On Tuesday, the index held close to the unchanged mark for most of the session.

Major U.S, indexes were little changed, although the blue-chip Dow Jones Industrial Average was dragged down by a slump of 12.81% in Walgreens Boots Alliance Inc after the drugstore chain cut its crystal wedge cufflinks in rose gold 2019 profit growth forecast, Economic data did little to stunt growth worries, New orders for key U.S.-made capital goods slipped in February and shipments were unchanged, but data for January was revised slightly higher, which could support views that the manufacturing sector was stabilizing in the wake of the data on Monday..

“We’re still seeing mixed signals in terms of economic data,” said Emily Roland, head of capital markets research at John Hancock Investments in Boston. The Dow Jones Industrial Average fell 79.29 points, or 0.3%, to 26,179.13, the S&P 500 gained 0.05 points, or flat, to 2,867.24 and the Nasdaq Composite added 19.78 points, or 0.25%, to 7,848.69. After a sluggish start, European shares built some late momentum to close at their highest level in six months, helped by gains in insurers and automakers.

Europe was led by a jump of crystal wedge cufflinks in rose gold 1% in London’s FTSE 100 index as sterling weakened, That came as the European Union said Britain could be heading for a potentially disorderly exit in 10 days as Prime Minister Theresa May met with ministers to work out ways to break the Brexit deadlock, But sterling reversed course following the close of European indexes as Prime Minister Theresa May looked to ask for another Brexit delay to sit down with the opposition Labour leader, a last-ditch gambit to break the deadlock over Britain’s exit that enraged many in her party..

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