Telefónica España and trade unions, UGT and CCOO, signed an agreement on Tuesday to extend their Collective Bargaining Agreement, which was due to end this year, until 31 December 2022. The extension includes a 1% wage increase and a bonus of 300 euros to be received in October 2022. The agreement will also serve to consolidate Telefónica España’s new ways of working, with two voluntary teleworking days a week for…
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Nick Ottens (Atlantic Sentinel) | The unexpectedly strong performance of the center-right in France’s regional elections calls Emmanuel Macron’s reelection strategy into question. The liberal incumbent has been leaning to the right expecting he would need their support to defeat the far right’s Marine Le Pen in a presidential runoff. But if the center-right Republicans regroup, Macron risks not even qualifying for the runoff. Relations with the center-right Polls still…
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Mathieu Racheter, Strategy Research, Julius Baer | Global healthcare remains our most preferred defensive sector due to attractive valuations in combination with solid growth perspectives. We see a number of structural tailwinds including demographics, big data, and increased demand in emerging markets, all of which should continue to drive above-average sales and earnings growth going forward. Healthcare remains our most preferred defensive sector due to attractive growth perspectives and undemanding…
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“Traditionally, financial services were provided by banks – in many countries three or four institutions have 80 or 85% of the market, and they do not always have a focus on financial inclusion – but that is no longer the case and there are new providers, such as ‘ANT FInancial’ in China or ‘Mercado Libre’ in Latin America, which started with payments and now offer a wide range of services. That is why open banking is important for the World Bank, because it favours competition and financial inclusion”, says Nuria Aliño, advisor to the World Bank.
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Pablo Pardo (Washington) | Kenneth Fisher has been in the investment fund industry for more than four decades. His fund management company Fisher Investment, had $139 billion under management as of 31 March, while his personal fortune amounted to $5.4 billion as of 30 April, according to Forbes magazine.
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