EU nation to allow 13-hour workday

A recent report reveals that nearly 500 employers, including British Gas, have been fined over £10 million for underpaying their staff and failing to comply with minimum wage laws. This situation highlights the ongoing issue of wage theft and the importance of fair compensation for workers. It matters because it not only affects the livelihoods of employees but also raises questions about corporate responsibility and the enforcement of labor laws.

The Chamber of Commerce has filed a lawsuit against the Trump administration over a new $100,000 fee for H-1B visas, arguing that this policy will negatively impact employers. This legal action is significant as it highlights the growing tension between business interests and government policies, particularly in the realm of immigration and workforce management.

Greece has recently passed a controversial law that extends working hours, sparking significant protests across the country. Many citizens are concerned about the implications for work-life balance and employee rights. This law is seen as a move by the government to increase productivity, but critics argue it undermines labor protections. The situation highlights the ongoing tension between economic policies and workers' rights, making it a critical issue for both the government and the public.

Unions are preparing to ask the court to intervene and block layoffs initiated by Trump during the government shutdown. This move is significant as it highlights the ongoing tensions between labor organizations and the administration, emphasizing the impact of political decisions on workers' livelihoods. The outcome could set a precedent for how similar situations are handled in the future.

In Liverpool, a city grappling with a severe housing crisis, John Harris and John Domokos delve into the lives of residents affected by this pressing issue. Their exploration comes after a summer marked by protests and tensions surrounding asylum seekers, highlighting the urgent need for solutions to prevent further division and hate. This story matters because it sheds light on a critical problem facing many communities in Britain, emphasizing the importance of addressing housing shortages and fostering unity.

French Prime Minister has announced the suspension of President Macron's flagship pension reform, a move that has sparked significant debate and unrest across the country. This decision comes in response to widespread protests and public discontent regarding the proposed changes to the pension system. The suspension highlights the challenges the government faces in balancing fiscal responsibility with public sentiment, making it a crucial moment in French politics.

The article discusses how the rising premiums in healthcare are not a surprise but rather a direct result of the structure of the Affordable Care Act, commonly known as Obamacare. This matters because it highlights the long-term implications of healthcare legislation and raises questions about the sustainability of health insurance costs for consumers.

A legal dispute in Greece involving international investors and securities issued during the sovereign debt crisis has become more complex. A London judge has proposed that the government's lawyers might represent both sides in the case, raising questions about the implications for the investors and the Greek government. This development is significant as it could affect the resolution of the dispute and the future of similar cases involving sovereign debt.

Volvo Group reported a 17% drop in profit for the third quarter, primarily due to weakening truck demand in the Americas. This decline highlights the challenges the company faces in a fluctuating market, which could impact its future growth and investment strategies. Understanding these trends is crucial for stakeholders as they navigate the evolving automotive landscape.

The FDA has approved expanded pediatric indications for Yuflyma, a significant development that allows more children to benefit from this treatment. This approval is crucial as it opens up new avenues for managing conditions in younger patients, ensuring they receive the care they need. With this decision, healthcare providers can now offer Yuflyma to a broader age group, potentially improving health outcomes for many families.

The US and UK have imposed sanctions on Chen Zhi, a Cambodian tycoon, and his Prince Group, accusing them of orchestrating a vast cyber-crime network in Southeast Asia. This operation allegedly involves large-scale online scams that exploit trafficked workers to deceive individuals globally. This matter is significant as it highlights the growing threat of cybercrime and the international efforts to combat such illicit activities.

Booz Allen Hamilton's stock rating has been downgraded to 'Hold' by TD Cowen, reflecting concerns over a challenging government environment. This decision highlights the pressures the company faces in securing contracts and maintaining growth amidst budget constraints and shifting priorities in federal spending. Investors should pay attention to how these factors may impact the company's performance moving forward.

BBVA's ambitious $19 billion hostile takeover bid for Sabadell has collapsed as only a quarter of Sabadell's shareholders accepted the offer, failing to meet the necessary 30% threshold for the deal to proceed. This outcome is significant as it highlights the challenges in mergers and acquisitions, particularly in the banking sector, and raises questions about BBVA's future strategies.

BBVA's ambitious $19 billion takeover bid for Sabadell has collapsed as only a quarter of Sabadell's shareholders accepted the offer, failing to meet the necessary 30% threshold for the deal to proceed. This outcome is significant as it highlights the challenges in mergers and acquisitions, particularly in the banking sector, and raises questions about BBVA's future growth strategies.