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London’s ethnicity pay gap sees minority workers paid 22% less

Bloomberg Workers from ethnic minority groups in London are paid 21.7 percent less on average than white employees, according to Office for National Statistics data. The capital — which is home to the highest proportion of workers identifying as being from an ethnic minority group — had the largest pay gap in the country last year, figures drawn from the ...

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Salini to make $1.7b bet to save Italy’s construction hub

Bloomberg Italy’s construction industry is crumbling after years of recession and bad investments, but now the sector’s biggest player is betting it can be rebuilt. Salini Impregilo SpA, whose projects have included expansion of the Panama Canal to a new subway line in Riyadh, plans to create a 1.5 billion-euro ($1.7 billion) construction hub dubbed “Progetto Italia,” or Project Italy, ...

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Trump calls UK envoy ‘stupid’ as May tries to deescalate row

Bloomberg Donald Trump called the UK ambassador to Washington a “stupid guy,” even as the British government tried to prevent the row with the US President over leaked diplomatic memos from escalating. “The wacky Ambassador that the UK foisted upon the United States is not someone we are thrilled with, a very stupid guy,” Trump tweeted. “I don’t know the ...

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