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Nike Cutting Jobs at European Headquarters in the Netherlands -Bloomberg
Date: June 5, 2024
Nike cutting jobs at European headquarters in the Netherlands -Bloomberg AMSTERDAM (Reuters) – Nike [NKE.N] is cutting jobs at its European headquarters in the Dutch city Hilversum, Bloomberg reported late on Tuesday. Nike did not immediately reply to an emailed request for comment. According to the sportswear giant’s website, more than 2,000 employees work at...
With Potential Change on the Horizon for Non-Compete Clauses, How Can You Protect Your Business’s Confidential Information?
Date: June 3, 2024
With potential change on the horizon for non-compete clauses, how can you protect your business’s confidential information? By Anna Birtwistle, Partner, and Tom Cleeve, Associate, Farrer & Co Over the last 12 months, “non-competes” – clauses which prevent an individual joining a competitor for a certain period following termination of employment – have been the...
Italy April Jobless Rate Falls to 6.9%, Lowest Since 2008
Date: May 30, 2024
Italy April jobless rate falls to 6.9%, lowest since 2008 ROME (Reuters) – Italy’s unemployment rate declined to 6.9% in April from a downwardly revised 7.1% the month before, data showed on Thursday, as some 84,000 jobs were created in the month. The April rate was the lowest since December 2008, national statistics bureau ISTAT...
Fears of German ‘de-Industrialisation’ May Be Overblown – for Now
Date: May 16, 2024
Fears of German ‘de-industrialisation’ may be overblown – for now By Maria Martinez BERLIN (Reuters) – High energy costs, weak global demand, a disruptive shift towards net-zero economies, and growing competition from China are raising existential questions for Germany’s economic model. CEOs and business lobbies say its historically strong industrial base is close to cracking,...
Retailer Lidl UK Raises Staff Pay for Third Time in 12 Months
Date: May 10, 2024
Retailer Lidl UK raises staff pay for third time in 12 months LONDON (Reuters) – The British arm of German supermarket group Lidl said it would lift wages by over 3% in June, giving thousands of workers a third pay rise in 12 months. Lidl said on Friday it would raise pay for staff across...
UK Construction Growth Hits 14-month High in April, PMI Survey Shows
Date: May 7, 2024
UK construction growth hits 14-month high in April, PMI survey shows (Reuters) – British construction companies enjoyed their fastest expansion in more than a year during April, despite a further drop in house-building, according to a survey on Tuesday that added to signs of an economic recovery from recession. The S&P Global UK Construction Purchasing...