DIRS.INFO The most relevant business & tech news

French Economy and Finance Minister Bruno Le Maire attends the China-France Economic and Financial Dialogue at the Diaoyutai State Guesthouse in Beijing, China, July 29, 2023. He said they had also agreed to bring forward annual price negotiations - initially planned for next year - to September. Le Maire went a step further on Thursday, naming Unilever, Nestle and Pepsi Co as being among the companies which he said were refusing to toe the line on prices. "The large multinationals could do much more," Le Maire said. "No one is willing to say 'I am going to reduce my prices' because the government is saying so," he said.

Persons: Bruno Le Maire, Thomas Peter, Le Maire, Le, Sybille De La, Silvia Aloisi, David Holmes, Frances Kerry Organizations: Finance, France Economic, REUTERS, Rights, Unilever, Nestle, PepsiCo, Federation du Commerce, Pepsi Co, Thomson Locations: China, France, Diaoyutai, Beijing, Paris

High food prices are a concern for all European governments, with retailers and consumer goods groups trading blame. In Hungary, Prime Minister Viktor Orban has imposed mandatory price cuts on some basic food items. And in Portugal, the government announced in March a package to help low-income families, including scrapping the value added tax on essential food products. French retailers have called for more regular price negotiations with consumer goods companies to reflect changes in the price of raw materials. This year those negotiations led to a 10% increase on the price of products on supermarket shelves.

Persons: Eric Gaillard, Bruno Le Maire, Mousquetaires, Thierry Cotillard, It's, Carrefour Alexandre Bompard, Viktor Orban, Le Maire, Dominique Vidalon, Helen Reid, Silvia Aloisi, Ingrid Melander, Bernadette Baum, David Evans, David Gregorio Our Organizations: REUTERS, Rights, French Finance, Federation du Commerce, RTL, Carrefour, FDC, Thomson Locations: Nice, France, Italy, Hungary, Portugal, Paris, London

☆ Lidl, Hugo Boss, and other European retailers switch off illuminated logos, keep doors closed, and cut heating as the energy crisis takes its toll
▼ + stars: | 2022-10-07 | by ( Kate Duffy | ) www.businessinsider.com time to read: +4 min

Lidl, Hugo Boss, Aldi, and other retailers told Insider what they've done in stores to save power. Switching off illuminated logos for 18 hours and keeping doors shut are just some of the plans. Many retailers, including supermarkets and clothes outlets, use large amounts of energy with their lighting inside and outside, illuminated advertising, heating, and air conditioning. "We do take the current situation very seriously," a spokesperson from Aldi Süd, the German grocery store tied with Aldi Nord, told Insider. "Examples of initiatives we are taking to improve energy efficiency include switching to LED lighting, upgrading building management systems, improving insulation and using energy recovery from heating and cooling," an Ingka spokesperson told Insider.

☆ Europeans are bathing in cold swimming pools, enduring chillier offices, and taking shorter showers to avoid energy shortages this winter as Russia tightens gas supplies
▼ + stars: | 2022-08-26 | by ( Kate Duffy | ) www.businessinsider.com time to read: +4 min

Europe is cracking down on energy use to save up for this winter as Russia tightens the gas taps. As energy prices spike, the low gas flows have left European governments worrying about how much energy will be left for winter. The minimum temperature in offices must be dropped by one degree Celsius — the maximum temperature allowed is 19 degrees Celsius (66F), the government said. The measures include air conditioning limited to 27 degrees Celsius in public buildings, administrative buildings, and shops, the Spanish government said at the start of August. This includes only turning the air conditioning on when temperatures exceed 26 degrees Celsius and making sure the heating is below 19 degrees.

Search resuls for: "Federation du Commerce"

4 mentions found