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France closes gap on UK finance sector for foreign investments

  Bloomberg France’s financial sector is now the most popular destination in Europe for US backers, helping the country narrow the gap with the UK for foreign direct investment (FDI) in the industry. The country recorded a total of 60 FDI projects in finance last year — its highest in a decade, according to a survey by the professional services ...

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UK cost-of-living crisis piles more pressure on dire IPO market

  Bloomberg It’s been seven months since a consumer-facing firm last listed in London, and offerings look scarce for the rest of the year as a cost-of-living crisis rips through people’s wallets. Rampant inflation, already at a 40-year high and heading toward double digits, is heaping fresh misery on retailers after a torrid few years dominated by pandemic lockdowns. Add ...

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Google to pay $118mn to settle pay equity suit

  Bloomberg Alphabet Inc’s Google agreed to pay $118 million to settle a gender discrimination lawsuit with about 15,500 female employees, lawfirms representing the women said in a statement. In addition, an independent expert will analyse Google’s hiring practices and and independent labour economist will review the company’s pay equity studies, reports said. . The settlement couldn’t be confirmed on ...

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