Companies in France and elsewhere have come under pressure from unions and governments to forego shareholder payouts in order to save up cash to cope with the coronavirus crisis.EssilorLuxottica said it would not submit a proposed dividend payment at its shareholders meeting in June, although it could propose a special dividend payment later in the year if its business staged a sufficient recovery.The firm said it would launch a 100 million euros ($109 million) fund to help staff affected by the outbreak.The eyewear company, formed in 2018 as a merger between French lens manufacturer Essilor and Italian spectacles maker Luxottica, said that as part of its cost cutting plans, it was looking at reducing or deferring parts of its managers’ salaries. The company’s board of directors had voted to reduce their attendance fees by 50%.In late March, EssilorLuxottica had abandoned its financial outlook and warned of a hit to second quarter profit due to the coronavirus crisis.($1 = 0.9201 euros) (Reporting by Sudip Kar Gupta; Editing by Christian Schmollinger and Sherry Jacob Phillips)This advertisement has not loaded yet, but your article continues below.LFP Noon Round Up Newsletter Sign up to receive a curated collection of links and highlights from our award winning breaking news coverage, in depth analysis and unmatched investigative features at lunchtime weekdays.Email Address There was an error, please provide a valid email address.By clicking on the sign up button you consent to receive the above newsletter from Postmedia Network Inc. You may unsubscribe any time by clicking on the unsubscribe link at the bottom of our emails.
I don’t have one of her wonderful paintings, but I remember now she did offer to take one of them down off the wall and give it to me. I declined. I thought it was just too much, too nice a thing to do, a too wonderful piece of work, to accept it. As the crowd stretching over 5 city blocks marched on through downtown, people reciting “USA support Ukraine” often were joined in the chant by on lookers. Finally the march led over the Chicago River to the plaza in front of the Chicago Tribune Building. There the group gathered to express their solidarity with Yuschenko’s supporters in Ukraine.
Wedding party men: Going with just a white shirt, tie, and pant, it going to be so easy for them to get lost in the guests. I say go with an olive or navy in the pant if that something you guys are comfortable with asking of your party. Do you know what color your fiance and female wedding party members will be carrying in bouquets? That can be a nice compliment if you base the tie or pocket square off that palette.