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Australia should help more women and other underemployed groups into work

Australia’s strong economy has helped drive a healthy job market. But to avoid a future shortage of labour as the population ages, further efforts are needed to help older women, indigenous Australians and mothers with young children into work, according to a new OECD report.




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Statement of the OECD Working Group on Bribery on Belgium’s limited implementation of the Anti-Bribery Convention

The OECD Working Group on Bribery has serious concerns regarding Belgium’s limited efforts to comply with the OECD Anti-Bribery Convention.




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First meeting of the New Approaches to Economic Challenges (NAEC) Group

Secretary-General Angel Gurría opens the first meeting of the New Approaches to Economic Challenges (NAEC) Group, an organisation-wide reflection process on the roots and lessons from the crisis with the aim of catalysing a process of continuous improvement of our analytical frameworks and policy advice. This meeting serves as a first step to get expert feedback and inputs to identify priorities for the way forward.




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Labour market performance by age groups: a focus on France

This paper analyses the age structure of employment rates across OECD countries with a focus on France. The statistical contribution of each age group to total unemployment-rate differentials is also computed.




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Reforming the large business groups to promote productivity and inclusion in Korea

Large business groups, which played a key role in Korea's economic development, are still dominant today, especially in exporting.




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Law enforcement capacity in Brazil to investigate and prosecute foreign bribery seriously threatened, says OECD Working Group on Bribery

The OECD Working Group on Bribery is to send a high-level mission to Brasilia as soon as possible in November, to meet with senior officials, to reinforce the message that law enforcement capacity to investigate and prosecute foreign bribery should be preserved in order to ensure that Brazil remains able and committed to meeting its obligations under the OECD Anti-Bribery Convention.




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Communiqué by participants at the 7th ICGLR-OECD-UN Group of Experts Forum on Responsible Mineral Supply Chains

Participants at the forum adopted a communiqué calling for companies to confront challenges they encounter openly and transparently by publicly reporting on due diligence in accordance with the OECD Due Diligence Guidance for Responsible Supply Chains of Minerals from Conflict-Affected and High-Risk Areas




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Corporate governance of financial groups

Companies today, in particular banks, insurance companies and other financial institutions, increasingly operate their businesses in a group structure. This working paper examines the corporate governance of these groups, paying particular attention to financial groups, and includes an international perspective on corporate and financial laws. It identifies good practices and regulatory considerations for group governance.




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Statement of OECD Secretary-General on the death of two members of the UN Group of Experts on the Democratic Republic of the Congo

“I am deeply saddened to learn about the tragic deaths of Michael Sharp and Zaida Catalan, members of the UN Group of Experts on the Democratic Republic of the Congo (DRC). On behalf of my Organisation, I wish to convey our condolences to their families and colleagues from the UN and beyond, who had the pleasure of working with them."




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Fashion group J Crew pushed into bankruptcy

US retailer of preppy clothing was already under pressure from heavy debt load




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Amazon and eBay should be liable for faulty goods, says EU group

Online marketplaces must be responsible for what they sell, says consumer organisation Beuc




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Saudi Aramco shares jump 10% in oil group’s trading debut

Stock climbs by maximum amount after world’s biggest IPO




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NMC Health founder eyes a return to embattled group

77-year-old entrepreneur BR Shetty ‘looking to buy out Emirati partners’




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UK’s biggest care home group warns of coronavirus hit to business

HC-One says rising costs and lower occupancy rates are putting strain on finances 




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PageGroup/cycles: stealth steady Eddy

Although the recruiter is resilient to downturns, it is not immune to them




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Shipping group steams into list of top 10 EU polluters

MSC joins ranking dominated by coal power in sign of uneven climate clampdown




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Shipping groups make plea to help fatigued crews go home

Tens of thousands of mariners are stranded because of coronavirus restrictions




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Fall of the roaming empire: telecom groups face revenue loss as travel collapses 

Industry forecast to suffer $25bn hit this year as coronavirus changes working life




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Orange becomes first big European telecoms group to cut dividend

Chief of French state-backed company said decision was made with ‘heavy heart’




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Bang on a Can Marathon — six hours of music from the boundary-breaking group

The annual parade of work by living composers went online, performed from living rooms




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FirstGroup launches formal sale of North American businesses

UK transport company has come under pressure from US activist to sell school bus and transit divisions




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UK government agrees rail deals with Govia and First Group 

Awarding of franchises allows skeleton services to continue on Southeastern and Great Western lines




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FirstGroup taps UK for £300m as buses and trains are left empty

Transport group also expects its Greyhound bus service to receive US financial support




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Citigroup results, Standard Chartered's pay revolt and money laundering outlook

Patrick Jenkins and guests discuss what Citigroup's results tell us about the US bank earnings season, Standard Chartered chief Bill Winters' defiant response to investor criticism of his pay packet, and how banks are tackling the problem of money laundering, With special guest Brandon Daniels of Exiger 


Contributors: Patrick Jenkins, financial editor, Robert Armstrong, US banking editor, David Crow, banking editor, and Caroline Binham, financial regulation correspondent. Producer: Fiona Symon

 

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Deutsche Bank overhaul, challenger banks and Citigroup

Patrick Jenkins and guests discuss how the overhaul at Deutsche Bank is going, catch up with the challenges facing challenger banks and look at why Citigroup is coming under pressure to restructure. With special guest Mark Mullen, chief executive of Atom Bank


Contributors: Patrick Jenkins, financial editor, Stephen Morris, European banking correspondent, David Crow, banking editor, Nick Megaw, retail banking correspondent, and Laura Noonan, US banking editor. Producers: Andrew Georgiades and Fiona Symon

 

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StanChart pay row, Citigroup on Brexit and Facebook's Libra

David Crow and guests discuss Standard Chartered chief Bill Winters' 'voluntary' pay cut after a dispute over his pension allowance, Citigroup's confidence in the City of London regardless of the outcome of Brexit, and gathering clouds for Facebook's much hyped digital currency, Libra. With special guest David Livingstone, chief executive of Citigroup in Europe, the Middle East and Africa.


Contributors: David Crow, banking editor, Stephen Morris, European banking correspondent, and Laura Noonan, US banking editor. Producer: Fiona Symon

 

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Google eyes Citigroup for new banking venture

Patrick Jenkins and guests discuss Google's move towards banking that could see it team up with Citigroup, why Australia's big four are facing difficult times and what's in the report on TSB's software failure last year. With special guest Masha Cilliers, Specialist Payments Partner at Be.


Contributors: Patrick Jenkins, financial editor, Tim Bradshaw, global tech correspondent, Robert Armstrong, chief editorial writer, Jamie Smyth, Australia correspondent and Nicholas Megaw, retail banking correspondent. Producers: Persis Love and Aimee Keane.

 

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UK property groups plead for extended business rates holiday

Office providers warn chancellor that companies will go bankrupt without relief




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Why a French luxury group wants to buy Tiffany’s

The French luxury goods group LMVH has made a surprise $14.5bn offer for Tiffany’s, the New York jeweller immortalised in the 1961 film Breakfast at Tiffany’s.  Harriet Agnew and Vanessa Holder talk to Katie Martin about whether the takeover bid will succeed and the merits for both sides in the current geopolitical climate.


Contributors: Katie Martin, capital markets editor, Harriet Agnew, Paris correspondent and Vanessa Houlder, Lex writer. Producers: Persis Love and Fiona Symon

 

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KKR to buy recycling group Viridor in £4.2bn deal

One of the first large acquisitions to be agreed since coronavirus pandemic rocked global markets




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Energy groups seek help on payment holidays

Loan scheme worth up to £100m a month would allow suppliers to assist struggling customers




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Energy group EN+ to buy back stake from Russia’s VTB

Recently sanctioned London-listed company seeks to simplify ownership structure




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Four groups swoop for British Steel’s French factory

Bids complicate Chinese investor’s efforts to buy out whole of troubled company




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Clean energy groups dodge coronavirus crisis

Priority status as grid suppliers helps Orsted and Iberdrola weather drop in demand




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Angola’s state diamond group seeks global partners to become a top 3 producer

Endiama chief wants ‘radical change’ in overhaul of country’s scandal-hit gem industry




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UAE groups implicated in suspected violation of Libyan arms embargo 

Two Gulf companies shipped jet fuel to renegade general Khalifa Haftar, documents show




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Unions and parent groups urge against early return to school

Calls for safety assurances despite concern over educational impact




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Liberty Global and Telefónica agree £31bn deal to merge UK groups

Combination of O2 and Virgin Media set to transform British telecoms market




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Biggest US energy groups lay out oil crash strategy

ExxonMobil and Chevron deploy plans for cutbacks but preserve dividends




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Small caps: Group NBT surges on Hg offer




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Plumbing group Ferguson considers stateside listing

Loss would be a blow to London market and unpalatable to some UK-based fund managers




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Chemicals group Clariant suspends Saudi joint venture plans

Swiss company announces ‘challenging’ results a day after its chief executive quit




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BT Group: road to nowhere

After suspending dividend, investors will rightly wonder what is the point of owning the telecoms group




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Sharewatch: BG Group

Shares in BG Group, the oil and gas explorer, hit a 30-month high earlier this week




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With the coronavirus, usually distinct conspiracy groups turn to a shared interest

The coronavirus pandemic’s global presence and ubiquity in everyday life is a perfect storm for misinformation, as conspiracy theorists from different corners of the web converge on a shared news topic—the only topic, at the moment. From the earliest days of the crisis, everyone from pro-Trump QAnon conspiracists to left-leaning purveyors of dubious home remedies […]




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Virtual dates and video speed dating: Dating.com Group launches a $50 million corporate venture fund 

The dating startup world is notorious for few exits, and a similarly slim number of buyers. There’s Match Group, which owns Tinder, Hinge and OkCupid, and there’s Spark Networks, which owns Christian Mingle, JSwipe, Jdate and Zoosk. Dating.com Group also owns a slew of dating brands, like Dil Mil, a dating app for South Asians. […]




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Groupon axes CEO and COO as company looks to mount a recovery during a crisis

While plenty of tech stocks have seen their market caps dive in the past month, Groupon has taken a harder hit than most. The company’s share price has dropped more than 70% in the past five weeks. The reckoning came for Groupon’s leadership today with both CEO Rich Williams and COO Steve Krenzer ousted. In […]




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PwC Grows its Social Infrastructure Capability with Appian Group Acquisition - 1 Apr

PwC has acquired infrastructure advisory firm Appian Group, bolstering the firm’s focus on health and social infrastructure, PwC Managing Partner, Deals Sean Gregory announced today.




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Mel B rocks sparkling sheer jumpsuit at Kids' Choice Awards... with ex's daughter joining the group

The 42-year-old singer wowed the crowd wearing a sparkling sheer jumpsuit while posing with her three kids on the orange carpet, as ex Stephen Belafonte's daughter Gisell3, 13, joined the family.




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Hillary Clinton proxy group goes after 'Clinton Cash' author and Rand Paul

A pro-Hillary group told the FEC that author Peter Schweizer made an illegal 'in-kind' contribution to Sen. Paul by arming him with presidential campaign dirt on Clinton before his book's publication date.