TAG: Labor
France steps up efforts to lure post-Brexit financial jobs to Paris
PARIS — As he flies to New York Friday to convince Wall Street firms to invest in Paris, French Fina...
8 months ago
Russian bombs failed to destroy Ukraine’s energy grid. Corruption could break its own
When Vladimir Putin landed in Khabarovsk on his tour of Russia’s Far East last week, he was given a...
8 months ago
Rishi Sunak’s Brexit trade agenda is faltering. Are the Gulf states his last hope?
LONDON — On the Red Sea coast at the northwest tip of Saudi Arabia, plans for an outlandish £400 billion ‘mega-city’ featuring an artificial moon and flying taxis are starting to take shape.While far from completion, the enigmatic project — known as NEOM...
6 months ago
UK considers probe of Chinese EV subsidies
LONDON — Britain is considering whether to investigate Chinese state subsidies for electric vehicle (EV) makers, two people familiar with the nascent plans told POLITICO.A U.K. investigation would follow the launch of a similar probe by the EU last Octobe...
6 months ago
The EU’s controversial business supply chain oversight rules live on — at a cost
A landmark piece of Brussels’ ambition to put a greener and more human face on international business cleared a major hurdle on Friday — but not without taking major hits along the road. Overcoming weeks of pushback from national capitals, European Union...
6 months ago
France could ease trader layoffs to attract more finance companies
PARIS — France wants to make it easier to sack high-level finance employees in an attempt to remain a top destination for financial firms. The changes could be part of a financial attractiveness bill that aims to draw more financial companies to the count...
6 months ago
EU steps up bid to curb China’s green tech market lead
BRUSSELS — On paper, the EU sees China as a partner in the fight against climate change.But the trade reality tells a different story. As Beijing responds to weak domestic demand with heavy state subsidies, it’s a perfect recipe for overcapacity — from el...
6 months ago
Floods, war and US inflation crash the IMF party
Warnings about risks to the global economy are so common these days that it’s easy to become inured to them, but the few days since the world’s finance chiefs assembled in Washington have seen a series of them materialize in quick succession.First it was...
5 months ago
France tops UK (again) in foreign investment race amid European slowdown
France remained Europe's most attractive destination for foreign direct investment in 2023, an EY survey released on Thursday said, as new projects slowed across Europe.For the fifth straight year, France beat the U.K. and third-place finisher Germany, bu...
5 months ago
How French financial chaos could end Meloni’s market honeymoon
ROME — While all eyes are on the looming fight between the European Commission and France over EU spending rules, another high roller may soon be in for a shock of its own.Since taking office in 2022, Italian Prime Minister Giorgia Meloni has defied expec...
2 months ago
Germany’s doner kebab becomes symbol of angst over rising costs
BERLIN — The German capital is the birthplace of that ubiquitous European fast food, the doner kebab, and it shows.Kebab shops line streets of many German cities, particularly in Berlin, and the scent of roasting, skewered meat is never far off.Some two-m...
2 months ago
BoE set for knife-edge decision on first rate cut
The Bank of England (BoE) is expected to cut its key interest rate for the first time since 2020 on Thursday, bringing long-awaited relief to businesses, homeowners and, not least, a newly elected government. However, the decision is on a knife-edge: Most...
2 months ago
Why your coffee got so damn expensive
Life used to be so simple. And cheap.Remember the good old days when you could pop into your local café for an espresso for just €1? Italians do. In Rome or Milan or Naples, the morning ritual would see workers hurry into their neighborhood bar and gulp d...
2 months ago
UK wage growth slows to new 2-year low
Wages across the U.K. grew at their slowest pace in over two years in the three months through June, in the latest sign that one of the biggest local drivers of inflation is easing.Average wages including bonuses rose by 4.5 percent from a year earlier, a...
2 months ago