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Burberry shareholders rebel against CEO pay

  watch : https://www.youtube.com/watch?v=oS3DpTHepnw Shareholders from the British fashion house Burberry are up in arms about a proposed pay package for its CEO. They rejected a resolution at the company's annual general meeting to provide newly-appointed CEO Christopher Bailey with a multi-million-dollar remuneration deal. The vote was 52.7 per cent against the resolution. Executives proposed to hand Mr Bailey a $12.3 million "golden hello", an annual salary of up to $17 million and shares worth up to $33 million by 2018. The share package has been called a "golden handcuffs" arrangement to stop him from joining a rival company in the next few years. He will also receive add-ons for pensions and performance bonuses. Burberry chairman Sir John Peace defended the package. He said he was "disappointed" and would talk to shareholders. He said: "I want to understand why they felt so strongly to vote against." He said the packages for Bailey...

Superstition forces airline logo change

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  Watch starting from 1 minute: https://www.youtube.com/watch?v=WZga35ODtpE Superstition has forced a European airline to change its logo. New Belgian carrier Brussels Airlines had to change its 13-red-dot logo on the tail of all its planes because of a flood of complaints from passengers about the combination of thirteen red balls representing bad luck. This number is unlucky in Western culture and many would-be passengers thought it just wouldn’t do on an airplane. Airline officials were taken aback by the volume of disapproving mail they received. Particularly upset was the original logo’s designer Ronane Holt. She said the thirteen dots “looked just right” and had extra significance because the number of dots matched the destinations it flew to in Africa. The design, in the shape of a “b”, also resembled the pattern of lights on an airport runway as planes taxied before take off. All of the airline’s planes now have to go back to their hangars for a paint job. A fourteenth red ...

Electric scooter gets speaker to sound like sports car

  Electric scooter gets speaker to sound like sports car    Electric scooters are all the rage in many cities across the world. The electric-powered two-wheelers are helping people nimbly zip through traffic and effortlessly get about town. However, they have also brought problems and safety concerns. Many scooter riders disregard road regulations, ignore traffic lights and illegally ride on sidewalks. A major scooter manufacturer has started selling a speaker that will alert pedestrians and other road users of the scooter's presence. Segway is marketing a new speaker accessory that can add V12 engine noises to its scooters. Alternatively, the user can plug in their music device and the speaker will boom out the rider's favourite tunes. Segway's $150 Ninebot Engine Speaker can play music or revved up sports car sounds for 23 hours when fully charged. The speaker syncs with the scooter's accelerator, so the faster the vehicle goes, the louder the speaker's rev so...