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Vodafone in talks with Iliad to merge Italy units

  Bloomberg Vodafone Group Plc and Iliad SA are discussing a deal that would merge their businesses in Italy, Reuters reported, citing people familiar with the situation that it didn’t identify. The combination would create a business with revenue of almost six billion euros ($6.8 billion). Iliad, which is set to start fixed-line broadband operations in Italy next week, is ...

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UK jobs market improves with jump in employment

  Bloomberg Britain’s labour market grew strongly despite a surge in coronavirus infections late last year, with vacancies hitting a record 1.25 million in the fourth quarter and unemployment falling unexpectedly. The number of people on company payrolls rose 184,000 in December, stronger than the pace expected, the Office for National Statistics data. The jobless rate dropped to 4.1% in ...

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Germany needs immigration of 400,000 workers per year

  Bloomberg Germany needs to attract about 400,000 foreign workers per year to mitigate the economic impact of its aging society, according to the caucus leader of the country’s FDP party. “The shortage of skilled workers is now so serious that it is dramatically slowing down our economy,” Christian Duerr said in an interview with WirtschaftsWoche. “We can only get ...

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