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Protesters storm LVMH Paris store over pension reform changes

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Union activists have barged into the Paris headquarters of luxury goods company LVMH and fill it with red smoke.

 
Violence erupted in Paris and other cities, as riot police charged protesters and fired tear gas.

Trade unions urged a show of force, a day before the Constitutional Council rules on the legality of a bill that will raise the state pension age by two years to 64.

It was the 12th day of nationwide protests against President Emmanuel Macron’s pension reform proposal since mid-January.

Striking workers disrupted garbage collection in Paris and blocked river traffic on the Rhine in eastern France.

If the Council approves the bill, possibly with some caveats, the government will be entitled to promulgate it.

It’ll hope that closes a long chapter of sometimes violent protests.

But demonstrators said they would keep up the fight even if the Council gave a green light.

They want a referendum on the bill or for it to go back to parliament.

The industrial action has lost some steam though.

Thinner crowds have rallied in the past few weeks compared with the more-than 1 million-strong numbers seen early on.

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Warner Brothers & Discovery considers splitting up to boost stock value

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Warner Bros Discovery is considering a strategic breakup to enhance its stock performance, according to a Financial Times report.

The potential move aims to unlock value by separating its media assets from its reality TV and lifestyle businesses.

This decision follows pressure from investors to improve stock performance, amidst challenges in the media industry #featured #trending

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Investors worldwide grow increasingly optimistic about Trump winning the election

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Investors are increasingly optimistic about Donald Trump’s potential re-election, prompting a resurgence in the so-called ‘Trump trade’.

Market participants are closely monitoring Trump’s political strategies and public sentiment, influencing their investment decisions.

Kyle Rodda from Captial.com joins to discuss all the latest.

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Netflix expands use of ads despite slow subscriber growth

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Netflix is intensifying its efforts to introduce an ad-supported tier amidst a plateau in subscriber growth.

The streaming giant hopes to attract new users and boost revenue by offering a cheaper alternative that includes advertisements.

This move marks a significant shift from its traditional ad-free model, reflecting Netflix’s response to competitive pressures and evolving consumer preferences.

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