Italy approves May Day labour package amid union criticism

[ad_1] Cuts on poverty relief scheme, easier short-term contracts Unions say government will increase job insecurity Pay boost for workers earning no more than 35,000 euros annually ROME, May 1…

World Bank launches more robust, transparent business climate rankings

[ad_1] WASHINGTON, May 1 (Reuters) – The World Bank on Monday unveiled new methodology and improved safeguards for assessing the business climate in up to 180 countries after embarrassing revelations…

Canadian government says it gave striking union ‘final offer’

[ad_1] April 29 (Reuters) – Canadian government negotiators have presented striking public workers with a “final offer,” the Treasury Board of Canada said on Saturday, aiming to end a dispute…

German public sector workers agree wage deal with employers

[ad_1] BERLIN, April 22 (Reuters) – German public sector workers have agreed on a wage deal with employers, Interior Minister Nancy Faeser said on Saturday, ending a dispute that has…

Enel’s CEO candidate aims to cut costs, confirm dividend policy, Bloomberg reports

[ad_1] April 21 (Reuters) – Italy’s biggest utility company Enel SpA (ENEI.MI) plans to accelerate cost-cutting measures and maintain its dividend policy under its new government-proposed management, Bloomberg News reported…

Switzerland cuts bonus payouts for top Credit Suisse management

[ad_1] BERLIN, April 5 (Reuters) – Switzerland has instructed Credit Suisse (CSGN.S) to cancel or reduce all outstanding bonus payments for the top three levels of management and examine whether…

Strikes roiling French power sector cause fuel shortages

[ad_1] PARIS, March 23 (Reuters) – Industrial action disrupting French refineries has left some petrol stations short of fuel as strikes stretched into a 16th day on Thursday, also hitting…

French strikes continue to block refinery shipments and LNG terminals

[ad_1] PARIS, March 20 (Reuters) – Shipments of refined products from French refinery and depots were blocked on Monday by a 13th day of strike action, though some refineries operated…

Flights cancelled in fresh round of strikes at German airports

[ad_1] BERLIN, March 17 (Reuters) – Strikes at four German airports led to the cancellation of hundreds of flights on Friday in the latest bout of industrial action to disrupt…

US preparing to stem SVB fallout with ‘material action’-sources

[ad_1] NEW YORK, March 12 (Reuters) – U.S. authorities were preparing “material action” on Sunday to shore up deposits in Silicon Valley Bank and stem any broader fallout from its…