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Britain’s labour gaps set to worsen as Brexit reduces migration

  Bloomberg Problems facing the British labor market including skills shortages and an aging population are likely to be exacerbated by Brexit, according to Mercer. Those gaps will no longer be filled by foreign workers, which are set to decrease in number as the UK negotiates a new relationship with the European Union, the consulting firm said in a report. ...

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Hermes posts €1.6bn revenue in Q4

  Bloomberg Hermes International SCA added to evidence of a luxury rebound as shoppers in Asia buy more silk scarves and Birkin handbags while tourists who were deterred by terrorism return to its stores in Europe. Revenue climbed 7.6 percent to 1.5 billion euros ($1.6 billion) in the fourth quarter, the Paris-based company on said Wednesday, meeting analyst expectations. Growth ...

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Etihad CEO defends strategy as airline grows wide-body fleet

  Bloomberg Etihad Airways PJSC group chief James Hogan, who is standing down as the Gulf carrier grapples with losses at European partners, detailed growth plans for 2017 while defending his strategy as one that’s attracting passengers and is here to stay. Etihad will add 12 wide-body aircraft, including two A380 superjumbos, swelling capacity in what will be “another challenging ...

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