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Danish wind giant Orsted to cut workforce by a quarter
Danish wind giant Orsted to cut workforce by a quarter
Economy
by  AFP

Danish offshore wind energy giant Orsted announced Thursday plans to cut 2,000 jobs, or a quarter of its workforce, by 2027 as its business struggles in the United States. The company said it needed to focus more on its European business and offshore wind, as well as improve its competitiveness.

Michelin Guide gets an appetite beyond restaurants
Michelin Guide gets an appetite beyond restaurants
Economy
by  AFP

France's famed Michelin Guide, a reference for fine dining for more than a century, is expanding into hotel and wine recommendations as it aims to become a global lifestyle brand. Poullennec also announced Wednesday that the guide would begin doing reviews for wine, by either building on or re-branding its US-based wine magazine Robert Parker Wine Advocate.

Shein's Paris store kicks up a storm in France
Shein's Paris store kicks up a storm in France
Economy
by  AFP

Asian e-commerce giant Shein's decision to set up shop in a historic Parisian department store has ruffled feathers in the fashion capital. The company also plans to open shops at Galeries Lafayette department stores in the cities of Dijon, Reims, Grenoble, Angers and Limoges.