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Strikes against French pension reform enter second month

Bloomberg Strikes against French president Emmanuel Macron’s pension reform plan entered their second month, the longest such action for state-owned railway company SNCF. Transport remained gummed up as unions prepared for two more days of street protests while the government said a compromise was near. Prime minister Edouard Philippe will start another round of discussions with union representatives on Tuesday, ...

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UK services get boost from Johnson’s victory as new orders increase

Bloomberg The UK’s dominant services sector showed signs of strengthening at the end of the year following Boris Johnson’s decisive election victory. New orders rose at their fastest pace in five months, IHS Markit said on Monday, with anecdotal evidence suggesting that the easing of domestic political uncertainty played a key role. The uptick left services activity with an index ...

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Broadcom appeals rare EU ultimatum

Bloomberg Broadcom Inc appealed a European Union (EU) order forcing the company to drop allegedly unfair clauses that may compel set-top box makers to use its chips. The appeal opens a court fight over the validity of a rarely used regulatory tool meant to prevent victims from suffering while probes drag on for years. EU Antitrust Commissioner Margrethe Vestager in ...

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