- Macron is on his first leg of a Europe-wide tour to drum up support for changing the EU directive on posted workers. Issues of fraud and social dumping are the main criticisms. A reform proposal was introduced a year ago and is currently being examined by the European parliament. In 2016, 81,330 posted workers were registered in Luxembourg--the majority Germans. Half were employed in the construction sector. Almost €500,000 in fines were issued in the first four months of 2017.
- Kinepolis shows increased profits, except in Luxembourg. The cinema chain, which operates in seven countries, could register a turnover of €160,1 million in the first half of 2017. However, its three Luxembourg cinemas registered fewer visitors (-0.7%). The Kirchberg cinema will be totally renovated in 2018.
- Fresh talks between the civil aviation department (Dac), Lux-Airport and the minister for sustainable development may have led to a new compromise; however, the threat of a strike is still on the table, the trade unions have indicated. The compromise foresees that Lux-Airport will be the operator, while delegating the management of the runway and taxiway to Ana. Lux-Airport would be mainly in charge of the terminals and passengers.
- Uber’s losses have slightly decreased in the second trimester, from $645 million against $708 million in the first trimester. However, its troubles are not yet over.
- A month from the federal elections in Germany, many voters are still unsure which party to vote for. Nevertheless, chances are that current chancellor Angela Merkel will be reelected.
Delano presents the latest business news headlines from our French-language sister site, Paperjam: