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☆ Opinion: The myth of a colorblind France
▼ + stars: | 2023-06-30 | by ( Opinion Keith Magee | ) edition.cnn.com time to read: +9 min

Accusations of institutional or systemic racism fall on deaf ears. In reality, the myth of the colorblind French Republic amounts to the state-level gaslighting of ethnic minorities, and the nation’s victims of systemic racism know it. In reality, the myth of the colorblind French Republic amounts to the state-level gaslighting of ethnic minorities, and the nation’s victims of systemic racism know it. To see those values undermined by a failure to investigate and address systemic racism, leaving so many of its citizens feeling unprotected, alienated, and unseen by the state is not only sad, it’s inexcusable. We may never know for certain whether Nahel’s race was a factor in his killing.

Persons: Keith Magee, Keith Magee Arron, Emmanuel Macron, inexcusable, Nahel, Verts, Geen Party –, “ White, Rokhaya Diallo, BFMTV, George Floyd, Sabrina Sebaihi Organizations: Newcastle University, University College London Institute for Innovation, CNN, Sud Radio, Geen Party, French National Consultative, Human Rights, Reuters, Twitter Locations: Black Britain, Paris, France, Europe, Africa, Caribbean, Asia, United States, United Kingdom, French Republic, Nanterre, Republic –, Sebaihi

☆ HDFC to merge into HDFC Bank on July 1, create India’s financial behemoth
▼ + stars: | 2023-06-30 | by ( Siddhi Nayak | ) www.reuters.com time to read: +2 min

Both the companies have set July 13 as the "record date" to swap HDFC's shares with HDFC Bank's stock for its shareholders, HDFC and HDFC Bank said in separate exchange filings on Friday. With the share swap, HDFC Bank will become one of the world's top 10 banks in terms of market capitalisation, as per Refinitiv data. After the merger, HDFC Bank has no identified promoter. With the merger, HDFC Bank's total loan book will be over 22 trillion rupees, behind only that of State Bank of India (SBI.NS), the country’s largest lender. Both the entities have set July 12 as a record date for transfer of non-convertible debentures of HDFC in the name of HDFC Bank.

Persons: Sashidhar Jagdishan, HDFC's Keki Mistry, Siddhi Nayak, Jose Joseph, Shilpi Majumdar, Maju Samuel Organizations: Housing Development Finance Corp, HDFC Bank, HDFC, State Bank of India, Reuters, Siddhi, Thomson Locations: Renu, India, HDFC

The surge in deaths this months follows a warning from the country’s meteorological department about potential heat-related casualties. Temperatures in northern and eastern India have reached 46 degrees Celsius (114.8 degrees Fahrenheit) this week, AFP reported. A local health official acknowledged heat may have been a factor in the deaths of 25 people on June 16. Later, the Chief Medical Officer of Ballia, Dr. Jayant Kumar, said the spike in deaths was due to “various other ailments,” including old age. Not a single district hospital has been built in the last six years.

Persons: Diwakar Singh, Singh, Ballia, Jayant Kumar, ” Kumar, N Tiwari, “, ” Akhilesh Yadav, ”, Mansukh Mandaviya Organizations: CNN, AFP, BBC, heatwave, Express, India’s Locations: Uttar Pradesh, Ballia, India

☆ Trader Joe's long-time CEO and the brains behind the 19-cent banana announces his retirement
▼ + stars: | 2023-05-15 | by ( Alex Bitter | ) www.businessinsider.com time to read: +3 min

Trader Joe's CEO Dan Bane will retire in July, the grocery store chain said on Monday. "I take great pride that together we have made Trader Joe's the best grocery store in America," Bane said, according to Trader Joe's. With Bane's retirement will come the promotion of Bryan Palbaum to Chairman and CEO and Jon Basalone to Vice CEO, Trader Joe's said. Under Bane, Trader Joe's stuck to a leaner operating strategy than most other US grocery stores. California-based Trader Joe's is owned by the same family who owns Aldi Nord, a German chain of discount grocery stores.

We’ve dedicated (our lives) to our country.”Wrestlers perform exercise drills at the protest site in Jantar Mantar, New Delhi, on April 28, 2023. Vijay Bedi/CNNIn January, India’s sport ministry said it would investigate the sexual harassment allegations, but three months on, the wrestlers say the government hasn’t moved swiftly enough. Olympic medalist Sakshi Malik told CNN that back in January the wrestlers’ allegations were met with apathy, adding there was no transparency with the governing body’s initial investigation. Support for wrestlers growsBy midday on Friday, the protest site swells with supporters, young and old. India’s legal system is notoriously slow, especially when it comes to allegations of sexual harassment owing to a large backlog of allegations.

☆ France pension protests explained: France is still mad -- but can the protests last?
▼ + stars: | 2023-05-01 | by ( Joseph Ataman | ) edition.cnn.com time to read: +7 min

In 1995, weeks-long mass protests forced the government of the day to abandon plans to reform public sector pensions. For many in France, the pensions system, as with social support more generally, is viewed as the bedrock of the state’s responsibilities and relationship with its citizens. Nathan Laine/Bloomberg/Getty ImagesIn contrast, during the Yellow Vest protests, started in opposition to hikes in fuel prices, violence gradually soured public support. That these pensions protests continue to hold such popular goodwill is an ominous sign for Macron’s future plans. The size and violence of pensions protests spiked when Macron forced the legislation past the country’s lower legislative house without a vote.

New Delhi CNN —India’s defense minister told his Chinese counterpart on Thursday that violations of their shared border erode the “entire basis” of relations between the two Asian neighbors. Indian Defense Minister Rajnath Singh made the comments during a meeting with newly appointed Chinese Defense Minister Li Shangfu in New Delhi ahead of a regional security summit on Friday. “He reiterated that violation of existing agreements has eroded the entire basis of bilateral relations and disengagement at the border will logically be followed with de-escalation,” the statement added. His visit comes four days after India and China concluded the 18th round of talks to attempt to resolve the border issue. Pakistan’s Foreign Minister Bilawal Bhutto Zardari’s visit to the country will be the most senior-level one in seven years.

☆ Inter disappointed as Lukaku ban upheld despite racist abuse
▼ + stars: | 2023-04-21 | by ( ) www.reuters.com time to read: +1 min

April 21 (Reuters) - Inter Milan expressed their disappointment after a one-match ban for striker Romelu Lukaku was upheld on Friday, saying the player has been punished despite being racially abused in their Coppa Italia semi-final against Juventus. Lukaku, who was sent off in the first leg of the semi-final, will remain suspended for the return against Juventus on Wednesday after the club's appeal was rejected by Italy's Sports Court Of Appeal. The Belgian striker was subjected to racial abuse during the first leg at Juventus "before, during, and after the penalty" he had scored to earn Inter a 1-1 draw, the player's representatives said. Juventus were ordered to close the Tribuna Sud section of their stadium after racist chants were heard coming from that area, a ban which was later overturned following the club's appeal. Reporting by Anita Kobylinska in Gdansk Editing by Toby DavisOur Standards: The Thomson Reuters Trust Principles.

☆ Protesters storm Paris Euronext building in anger over pension law
▼ + stars: | 2023-04-20 | by ( Noemie Olive | ) www.reuters.com time to read: +3 min

REUTERS/Benoit TessierPARIS, April 20 (Reuters) - A group of protesters briefly invaded offices of stockmarket operator Euronext in Paris' La Defense business district on Thursday, saying big companies must pay up to finance pensions, as part of wider protests against a rise in the retirement age. Waving union flags, the group of a few hundred protesters occupied Euronext's lobby, engulfed in red smoke from flares, and chanted words popular with pension protesters: "We are here, we are here, even if Macron does not want it we are here." At the weekend, Macron signed into law the rise in the retirement age which means citizens must work two years longer, to 64, before receiving their state pension. "We'll continue until the (pension law's) withdrawal," protesters shouted in La Defense's central square, standing by a banner that read: "No to the pension reform". Macron himself faced protests on Thursday during his second public outing since signing the bill into law.

☆ Juventus stadium ban for Lukaku abuse overturned
▼ + stars: | 2023-04-19 | by ( ) www.reuters.com time to read: +1 min

The Italian Football Federation (FIGC) said on Wednesday that all areas of the Allianz Stadium would be open after the sanction originally imposed by the sports judge had been annulled. Juventus were hit with the partial stadium closure after racist chants aimed at Lukaku were heard during their 1-1 first leg draw against Inter in the Coppa Italia. Italian news agency ANSA reported that Juve banned two fans from their stadium after video footage of the incident went viral. The club have appealed against the sanction and a decision is expected shortly. Reporting by Tommy Lund in Gdansk Editing by Toby DavisOur Standards: The Thomson Reuters Trust Principles.

☆ LVMH CEO Bernard Arnault's wealth soared to a record high of $210 billion on the same day protestors swarmed the company's headquarters in Paris
▼ + stars: | 2023-04-14 | by ( Huileng Tan | ) www.businessinsider.com time to read: +3 min

LVMH boss Bernard Arnault's fortune soared by $12 billion on Thursday to a record high of $210 billion, per Bloomberg. LVMH shares hit a record high in Thursday trade after a strong first-quarter earnings report. On Thursday, LVMH shares price on the Euronext Paris stock exchange hit a record high of 884.50 euros, or $979, before closing 5.7% higher at 883.90 euros a piece. LVMH's Arnault has featured frequently in protest slogans and chants, per Reuters on Thursday. LVMH shares are extending gains on Friday, trading 0.7% higher at 889.90 euros at 9:57 a.m. in Paris.

☆ French pension protesters flood LVMH headquarters in Paris
▼ + stars: | 2023-04-13 | by ( ) www.reuters.com time to read: +2 min

[1/3] Security members stand in front of the headquarters of luxury retailer Louis Vuitton after a protest action French SNCF workers, members of French CGT and Sud Rail labour unions in Paris as part of the 12th day of nationwide strikes and protests against French government's pension reform, in Paris, France, April 13, 2023. REUTERS/Bart BiesemansPARIS, April 13 (Reuters) - Scores of French workers protesting against pension reforms flooded into the Paris headquarters of luxury group LVMH (LVMH.PA) on Thursday, calling for the rich to contribute more to financing the state pension. France's labour unions have been staging strikes and marches since mid-January in protest against President Emmanuel Macron's plans to raise the legal retirement age. The government says it is necessary to raise the retirement age for most workers to balance the pension budget in years to come. Reporting by Bart Biesemans and Ingrid Melander, writing by Mimosa Spencer; editing by Susan FentonOur Standards: The Thomson Reuters Trust Principles.

☆ Photos show crowds storming the headquarters of the world's richest man as they protest France's proposed retirement age raise
▼ + stars: | 2023-04-13 | by ( Britney Nguyen | ) www.businessinsider.com time to read: +2 min

Protestors opposing France's plans to raise the retirement age stormed LVMH headquarters. Top executives, including LVMH CEO and world's richest man Bernard Arnault, have offices in the building. Striking railway workers entered LVMH's headquarters to protest the French government's proposal to raise France's retirement age. Lewis Joly/AP PhotoFrench President Emmanuel Macron proposed raising France's retirement age to 64 by 2030, saying that France's pension system needs the reform to be able to support future generations of retirees. Lewis Joly/AP PhotoArnault is currently the richest person in the world, and recently saw his net worth cross over $200 billion.

Paris/London CNN —Demonstrators forced their way into the building that houses BlackRock’s office in Paris Thursday, taking their protest against the government’s pension reforms to the world’s biggest money manager. Videos shared on social media showed protesters entering the Centorial office block, located near the Opéra Garnier opera house, holding red flares and firing smoke bombs. BlackRock’s office is located on the third floor. Workers invade the Centorial building that houses BlackRock's office in Paris on April 6, 2023. BlackRock, the world’s largest asset manager, has played no part in the pension reforms.

☆ Vimeo CEO: Highly successful Gen Zers use these 3 tactics to improve their workplaces
▼ + stars: | 2023-04-02 | by ( Rebecca Picciotto | ) www.cnbc.com time to read: +4 min

The definition of Gen Z is sometimes contested, but is roughly considered anyone born between 1997 and 2012. It's one example of how Gen Z, after more than three years of a global pandemic, has a heavy hand in shaping the next new normal. Here's how the most successful Gen Zers are already doing it, according to Sud. A lot of Gen Zers are used to quickly internalizing large amounts of information in short periods of time, for example, especially with the boom of short-form content on platforms like TikTok. "[The way we] communicate and interact in our personal lives is going to translate to work," Sud said.

☆ Protests resume in France amid anger at Macron's pension age reform
▼ + stars: | 2023-03-18 | by ( Dominique Vidalon | ) www.reuters.com time to read: +2 min

REUTERS/Gonzalo FuentesPARIS, March 18 (Reuters) - Refinery strikes persisted on Saturday in France and more demonstrations were taking place throughout the country amid anger at the government pushing through a rise in the state pension age without a parliamentary vote. A further rally was planned in Paris later on Saturday while BFM television showed images of demonstrations already taking place in cities such as Compiegne in the north, Nantes in the west and Saint-Etienne in central France. A broad alliance of France's main unions has said it would continue to mobilise to try to force a U-turn on the changes. Macron's overhaul raises the pension age by two years to 64, which the government says is essential to ensure the system does not go bust. Reporting by Dominique Vidalon; Editing by David HolmesOur Standards: The Thomson Reuters Trust Principles.

☆ Schoolteacher stabbed to death by pupil in southwest France
▼ + stars: | 2023-02-22 | by ( ) www.reuters.com time to read: 1 min

PARIS, Feb 22 (Reuters) - A teacher was stabbed to death by a 16-year-old pupil on Wednesday at a Roman Catholic high school in the town of Saint-Jean-de-Luz in southwestern France, local officials said. Pupils fled in panic after the stabbing, local newspaper Sud Ouest said. The Spanish-language teacher, a woman, was 50 years old, Sud Ouest said. Police arrested the pupil, who told another teacher he was possessed and heard voices that instructed him to attack the teacher, according to local media including BFM TV. Reporting by Layli Foroudi; writing by Sudip Kar-Gupta and Ingrid Melander; editing by Frank Jack Daniel and Mark HeinrichOur Standards: The Thomson Reuters Trust Principles.

☆ ATP roundup: Daniel Evans falls in Doha
▼ + stars: | 2023-02-22 | by ( ) www.reuters.com time to read: +2 min

February 22 - Finland's Emil Ruusuvuori took down sixth seed Daniel Evans of Great Britain 7-5, 6-4 in their first-round match at the Qatar ExxonMobil Open on Tuesday in Doha. Ruusuvuori fired seven aces and won 29 of 38 first-service points (76.3 percent), holding on for the victory even as Evans saved six of 10 break points and converted both his opportunities to break Ruusuvuori. 7 seed Richard Gasquet of France battled past countryman Laurent Lokoli 7-6 (5), 2-6, 7-6 (5). 556 Alves, who had five aces and saved five of nine break points in his tour-level debut before the suspension. Daniel Elahi Galan of Colombia and Juan Pablo Varillas of Peru were also winners Tuesday before the rain arrived.

☆ British supermarkets confront their German discounting demons
▼ + stars: | 2023-02-22 | by ( James Davey | ) www.reuters.com time to read: +5 min

And the discounters' supermarket sweep still has a long way to run, industry executives say, with Aldi UK CEO Giles Hurley pledging Britain's lowest prices "no matter what". "Over the Christmas period alone shoppers switched 58 million pounds ($70 million)(of purchases) to Lidl from Tesco and Sainsbury's," Lidl GB CEO Ryan McDonnell told Reuters. Tesco and Sainsbury's are now matching Aldi prices on hundreds of key items and using customer loyalty schemes, while they have accepted a profit hit to keep prices down. Sector executives, speaking on condition of anonymity, said the further rise of Aldi and Lidl is inexorable. "Nobody's going to take Tesco out but at some point somebody might take Sainsbury's out," the sector veteran said.

Click to unmute A global city needs a global soundtrack, and in New York, you can find nearly anything you want. Over the past several months, we followed several New York musical scenes that reflect the city’s creative soul, thriving in community centers, local bars and public parks. The sight of a new generation encouraged Mr. Joseph, who sees the band as preserving traditional culture in the modern city. It becomes part of you.” New York itself is as much a player as any musician, transforming traditional tunes into something new. The people who embraced Mateo and his mother when they moved from Boston to New York in 2016 now consoled her.

☆ Bublik smashes three racquets in Montpellier meltdown
▼ + stars: | 2023-02-09 | by ( ) www.reuters.com time to read: +1 min

MONTPELLIER, Feb 9 (Reuters) - A raging Alexander Bublik laid waste to three racquets in a row at the Open Sud de France in Montpellier on Wednesday as the defending champion exited the ATP 250 event in the first round. Bublik, who was born in Russia but represents Kazakhstan, lost 4-6 7-6(12) 6-7(3) to local hope Gregoire Barrere. World number 50 Bublik saved three match points in a marathon second-set tie-breaker to level the contest and the 25-year-old was leading 4-2 in the third. Barrere wrapped up the match on his sixth match point, while Bublik finished with 14 double faults. Reporting by Manasi Pathak in Bengaluru; Editing by Peter RutherfordOur Standards: The Thomson Reuters Trust Principles.

☆ 'Quiet quitting is the natural sequel to the Great Resignation' as workers still rethink their jobs 3 years into the pandemic
▼ + stars: | 2023-01-21 | by ( Madison Hoff | ) www.businessinsider.com time to read: +6 min

"I think that in some ways quiet quitting is the natural sequel to the Great Resignation," professor Adam Grant said. But so has been the Great Resignation, which has seen a massive number of workers actually leaving their jobs. James Detert, a professor of business administration at the University of Virginia, detailed in a post on The Conversation how the Great Resignation, quiet quitting, and unionization efforts at big companies are actually similar. As noted during the panel and seen in previous coverage from Insider, "quiet quitting" isn't actually a new thing. The Great Resignation, and thus its "sequel" of quiet quitting, may continue in 2023 and be sticking around.

☆ Stopping the 'quiet quitting' trend could be all down to your boss
▼ + stars: | 2023-01-18 | by ( Sophie Kiderlin | ) www.cnbc.com time to read: +3 min

The idea of "quiet quitting" may not be anything new. Thierry Delaporte, CEO and managing director at IT company Wipro Limited, also sees quiet quitting as a chance for leaders to reflect on how they need to adjust to the changing labor force. The term quiet quitting was coined in 2022 on social media — with different definitions. People who were unable to resign or were unsuccessful in changing their work environment started asking questions, he said. Long term, it's not just about quiet quitting either, the Davos panel suggested.

☆ Factbox: Workers vs Macron: What to expect from Thursday's strike
▼ + stars: | 2023-01-16 | by ( ) www.reuters.com time to read: +3 min

Two cabin crew unions and a union at Air France (AIRF.PA) called on employees to attend the strike. FINANCEThe banking and financial industry branch of the FO union called on employees to join the strike. The Unsa-Sante union has filed a strike notice from Jan. 10 until Feb. 1, citing the pensions reform specifically. LOGISTICSThe FO union of truck drivers and other logistics workers announced "indefinite" strike action from Jan. 19 to "win the fight" against the reform. REFINERIESThe CGT trade union announced strikes in the refinery sector, where petrol supplies were disrupted last year during weeks of industrial action.

☆ Vimeo cuts 11% of its staff in layoffs, CEO cites 'uncertain economic environment' in email to employees
▼ + stars: | 2023-01-04 | by ( Grace Kay | ) www.businessinsider.com time to read: +2 min

Vimeo is laying off 11% of its workforce, a company spokesperson confirmed. Vimeo CEO Anjali Sud told staff in an email that the workforce reduction is an attempt to address deteriorating economic conditions. In an email to staff, Vimeo CEO Anjali Sud said the layoffs would impact 11% of the company's workforce. In the email, Sud said employees would be notified via individual emails and an invitation to meet with their team leader and a member of human resources. A Vimeo spokesperson told Insider the layoffs will help the company address economic concerns.

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