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Firms should make more information about salaries public

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SWEDES discuss their incomes with a frankness that would horrify Britons or Americans. They have little reason to be coy; in Sweden you can learn a stranger’s salary simply by ringing the tax authorities and asking. Pay transparency can be a potent weapon against persistent inequities. When hackers published e-mails from executives at Sony Pictures, a film studio, the world learned that some of Hollywood’s most bankable female stars earned less than their male co-stars. The revelation has since helped women in the industry drive harder bargains. Yet outside Nordic countries transparency faces fierce resistance. Donald Trump recently cancelled a rule set by Barack Obama requiring large firms to provide more pay data to anti-discrimination regulators. Even those less temperamentally averse to sunlight than Mr Trump balk at what can seem an intrusion into a private matter. That is a shame. Despite the discomfort that transparency can cause, it would be better to publish more...Continue reading

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How airlines are responding to America’s laptop ban

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THE recently announced ban on laptops and other large electronic devices on direct flights from Middle Eastern airports to America is bad news for business travellers hoping to get work done on these long journeys. That, in turn, spells trouble for the airlines that fly these routes. Carriers like Emirates, Turkish, Qatar, and Etihad compete for long-haul flyers all over the world. They have just become a little bit less competitive. (Gulliver recently booked a flight from Manila to Washington, DC on Emirates, via Dubai; had he known what was coming, he might well have opted to fly via Tokyo or Beijing instead.)

Turkish Airlines stock tumbled more than 7% after the ban was announced in America. (Britain announced similar restrictions soon after, though crucially the superconnectors' hubs in the United Arab Emirates, Qatar and Turkey were not included.) Rival airlines, meanwhile, are thrilled at the news. Emirates, Etihad and Qatar currently serve half the travellers flying between India and the United States, for example. Air India now Continue reading

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