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Business · Europe

France: Protests continue while police fire tear gas at demonstrators

A total of 410,000 people took part in demonstrations across France on Saturday – including 110,000 in Paris – as part of a day of rallies focussed on purchasing power and the defence of public services, the Interior Ministry told AFP. The turnout was slightly lower than last week, which saw 550,000 people take to the streets. Meanwhile, according to the union responsible for organising the authorised events,…

France 24 ·

Business · Europe

France: Young demonstrators demand concrete action from Macron

Student protests in France began more than a month ago, over poor conditions in high schools, teacher shortages, the pace of the school day and inequalities between private and public education. The movement has since grown into a broader mobilisation, bringing together the Yellow Vests, trade unions and wider civil society. Joseph Downing, Senior lecturer in politics and international relations and Aston…

France 24 ·

Business · United Kingdom

No unions, low taxes: why some of Britain’s top chefs are opening outposts in Gulf states

Leading restaurateur says Gulf countries actively help businesses set up, while east Asia has a better work ethic Some of London’s top restaurants are opening branches in Dubai because of a “tax tsunami” in the UK and better work ethic abroad, according to a leading restaurateur. James Robson, a co-owner of Fallow in St James’s Market, regarded as the capital’s hottest restaurant, serving 1,000 people a day, has…

The Guardian ·

Business · United States

Trump eases Canada tariffs ahead of US midterms

The move comes as Trump's Republican Party scrambles to maintain control of the US Congress, with a Republican candidate in a key Senate race saying she had lobbied to lift the tariffs on Canadian products.

Deutsche Welle ·

Business · United States

Oil price rises above $117 a barrel amid fears US will renew strikes on Iran

Brent crude increase follows Tehran threatening retaliatory attacks on Gulf refineries and datacentres Oil has hit its highest level in more than six months as fears of fresh escalation in the Middle East conflict grip the energy markets. Brent crude, the international benchmark for oil, rose by about 3.5% on Friday to pass $117 a barrel at one point – its highest level since April. Continue reading...

The Guardian ·

Business

Jim Chalmers faces a world of hard choices where the solution to one problem makes the other worse

High inflation, low growth and rising unemployment can be added to the federal treasurer’s wall of worries Get our new political email , free app or daily news podcast Jim Chalmers in a speech last week offered the scant encouragement that the economy would be “a bit better” in a year’s time. Fast forward to Friday morning, and the treasurer revealed that his officials were busy downgrading their forecasts ahead…

The Guardian ·