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InvestingEuropean Shares End Five-Day Losing Streak, Still Down for the Week
Top StoriesBritish Port Workers Plan Two-Week Strike From Sept. 19
Top StoriesVolkswagen’s Mexico Factory Workers Reject Union Pay Deal
Top StoriesThousands of British Postal Workers Walk Out Over Pay
Ford Delays Spanish Investments, Citing ‘revised Outlook for Europe’
Date: August 25, 2022
By Joan Faus BARCELONA (Reuters) -Ford said on Wednesday it is delaying its production investments in Spain, citing a “revised outlook for Europe” but said it remained committed to its plant in Valencia, where it announced plans in June to produce electric vehicles (EVs). The U.S. carmaker said in a statement it will not ask...
Record Numbers Resign in France as Bargaining Power Balance Shifts -Labour Ministry
Date: August 19, 2022
By Myriam Rivet and Tassilo Hummel PARIS (Reuters) – More French employees than ever quit their jobs at the end of 2021 and start of 2022, as the balance of bargaining power shifts away from employers, a labour ministry study showed on Thursday. Over one million quit between October and March, the study by the...
German Heat Pump Bonanza Test Industry’s Resilience in Russian Gas Crunch
Date: August 18, 2022
By Thomas Escritt HOLZMINDEN, Germany (Reuters) – In a way, Stiebel Eltron has never had it so good. The heating manufacturer’s main factory has gone up to working 24 hours a day making the energy-efficient heat pumps that Germany needs to wean itself off Russian gas. But it also has never had it so tough,...
Euro Zone Q2 Growth Revised Down Slightly, Employment Rises
Date: August 17, 2022
By Jan Strupczewski BRUSSELS (Reuters) -Euro zone economic growth was slightly less robust in the second quarter than forecast but still strong, and employment rose again, revised data from the European statistics office showed on Wednesday. Eurostat said gross domestic product in the 19 countries using the euro rose 0.6% quarter-on-quarter in April-June for a...
UK Sees Biggest Rise in Foreign Workers Since COVID-19 Pandemic
Date: August 16, 2022
By David Milliken LONDON (Reuters) – Britain recorded its biggest rise in foreign workers since the start of the COVID-19 pandemic in the year to June, driven overwhelmingly by workers from outside the European Union, official figures showed on Tuesday. Since January 2021, most EU citizens not already working in Britain must be sponsored by...
The Impact of Employment Trends on UK Pension Pots
Date: August 12, 2022
By Dan Richards, Client Director – Pension Trustee & Governance at ZEDRA Pension providers, trustees of defined contribution schemes, and employers should consider the impact of employment trends on pension pots and reflect on what they can do to protect members. Ask any recruitment consultant in the UK and they will tell you that business...