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France’s Macron backs minimum wage law for EU

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Announcing his plans for France's rotating presidency of the European Union, President Emmanuel Macron said he's in favour of legislation on a minimum wage for all EU nations. However, many challenges lie ahead on the issue. Also today, a Starbucks branch has unionised for the first time in its 50-year history. The New York employees say they feel they've started a revolution at the global coffee company.

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Winners and losers of Microsoft’s $75 billion deal to buy Activision Blizzard

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Shares in Sony slumped more by than 10 percent in Tokyo on Wednesday on news of Microsoft's $75 billion deal to buy the video games maker Activision Blizzard. Investors fear the acquisition could mean popular titles like Call of Duty would be moved exclusively to Microsoft platforms. FRANCE 24's Business Editor Stephen Carroll examines the consequences of the deal for the companies involved, and their rivals.

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Computer chip shortage pushes European car sales to record low

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EU car sales fell to a new low last year as the auto sector was hobbled by the Covid pandemic and a shortage of computer chips, industry figures showed Tuesday.

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Oil prices jump to highest level since 2014 on supply concerns

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Oil prices have jumped to their highest level since 2014 after the drone attack on fuel tankers in the United Arab Emirates, and amid broader concerns about supply in the market. In early trading on Tuesday, the international benchmark Brent Crude rose above $88 per barrel. Oil producers are sticking to their planned supply increases, despite surging demand. The rising cost of fuel is set to hit consumers, who are already facing the highest inflation rate in decades.

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