Commissions

RECENT NEWS
Metal Bulletin  Nov 3  Comment 
Hormozgan Steel is preparing to start production at full capacity having recently commissioned its second direct reduced iron ore plant, according to the company’s project administrator Alireza Khayat
Mining Weekly  Oct 27  Comment 
TSX- and Aim-listed Cluff Gold’s targeted yearly output would increase to 100 000 oz by the fourth quarter of the year, now that its 90%-owned Angovia mine, in Côte d'Ivoire, had been successfully commissioned. The company had commissioned its...
Insurance Journal  Oct 27  Comment 
Willis Group Holdings Limited has reported strong results for the third quarter of 2009 and the first nine months ended September 30, 2009. Highlights of the quarter ended September 30 included ...
New Straits Times  Oct 25  Comment 
KUALA LUMPUR: Without the burden of paying taxes and duties, gaming syndicates are able to pay attractive commissions to their runners.
Sydney Morning Herald  Oct 23  Comment 
THE Financial Planning Association has moved to end commission-based payments for financial planners, in an attempt to sidestep calls from the corporate watchdog for an outright ban on commissions.
The Globe and Mail  Oct 20  Comment 
As firestorm builds over Wall Street bonuses, smaller brokers are paying 40 per cent or more
Commodity Online  Oct 2  Comment 
US based Duke Energy Corporation (NYSE: DUK) commissions its 70 MW wind power projects in Pennsylvania and Wyoming.
Business Standard  Sep 29  Comment 
SRF Ltd has commissioned its project for manufacturing polyester industrial yarn at its Gummidipoondi plant in Tamil Nadu. The project has a capacity of 14,500 tonnes per annum and had been set up at a cost of around Rs 186 crore, it said in a...
The Times of India  Sep 27  Comment 
He may have foregone salary for 2008-09 as part of austerity measures, yet a pay package of over Rs 52cr, as sitting fees and previous year payments, has made Anil Ambani country's top paid executive for the year.
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A commission is a revenue-dependent payment a salesmen receives for selling a company's product as a proxy. This form of compensation is especially relevant to the trade of securities and commodities.

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