Nexperia China tells staff to follow domestic orders over Dutch HQ
Nexperia’s China unit has told its employees to follow directives from local management and disregard instructions from the company’s Dutch head o...
French President Emmanuel Macron has named Sebastien Lecornu as prime minister, maintaining his pro-business agenda amid ongoing political instability. Lecornu’s immediate challenge will be to build consensus on the 2026 budget.
Lecornu, 39, a former conservative ally who supported Macron's 2017 presidential campaign, reflects the president's commitment to continuing his pro-business economic reforms. These reforms, which have included tax cuts for businesses and the wealthy as well as raising the retirement age, will remain central to Macron's agenda.
Macron was compelled to name his fifth prime minister in under two years after parliament removed François Bayrou, who had served for just nine months, due to his unpopular proposals to address France's growing debt. By choosing Lecornu, Macron risks alienating the centre-left Socialist Party, leaving his government reliant on Marine Le Pen's far-right National Rally for parliamentary support.
Lecornu’s immediate challenge will be to build consensus on the 2026 budget, a task that contributed to Bayrou’s downfall. Bayrou’s push for aggressive spending cuts to reduce a deficit nearly double the EU's 3% GDP ceiling failed to gain traction.
The ongoing political crisis in France is exacerbating the country's economic difficulties, as it sinks deeper into debt. Lecornu’s appointment comes at a time of rising public dissatisfaction, with polls indicating voters are calling for change. Plans for nationwide "Block Everything" protests on Wednesday signal potential disruption.
Previously, Lecornu served as Macron’s defence minister, overseeing an increase in defence spending and contributing to shaping European security policy, particularly regarding Ukraine. His political career began at 16 when he canvassed for former President Nicolas Sarkozy, and by 22, he was the youngest government adviser in Sarkozy’s administration. After leaving the conservative Les Républicains party, Lecornu joined Macron’s centrist movement in 2017 and later ran Macron's re-election campaign in 2022.
By appointing Lecornu, Macron appears intent on protecting his economic legacy, particularly against the Socialist Party’s promises to reverse some of his key pro-business policies, such as the scrapping of the wealth tax and raising the retirement age. Lecornu has also had occasional meetings with Le Pen and her party chief, Jordan Bardella, with reports suggesting that the National Rally may offer tacit support to Lecornu if he becomes prime minister. However, the National Rally has made it clear that they will not tolerate tax hikes on the working population.
At least 69 people have died and almost 150 injured following a powerful 6.9-magnitude earthquake off the coast of Cebu City in the central Visayas region of the Philippines, officials said, making it one of the country’s deadliest disasters this year.
A tsunami threat was issued in Chile after a magnitude 7.8 earthquake struck the Drake Passage on Friday. The epicenter was located 135 miles south of Puerto Williams on the north coast of Navarino Island.
The war in Ukraine has reached a strategic impasse, and it seems that the conflict will not be solved by military means. This creates a path toward one of two alternatives: either a “frozen” phase that can last indefinitely or a quest for a durable political regulation.
A shooting in Nice, southeastern France, left two people dead and five injured on Friday, authorities said.
Snapchat will start charging users who store more than 5GB of photos and videos in its Memories feature, prompting backlash from long-time users.
Nexperia’s China unit has told its employees to follow directives from local management and disregard instructions from the company’s Dutch head office, marking a rare public split between a multinational firm and its overseas subsidiary.
Russia said that its Foreign Minister, Sergei Lavrov, and U.S. Secretary of State, Marco Rubio, had a “constructive” conversation as they began preparations for an upcoming summit between Presidents Vladimir Putin and Donald Trump.
Iranian Foreign Minister Abbas Araghchi spoke to his Egyptian counterpart Badr Abdelatty in a telephone conversation over the weekend where issues of mutual interest discussed.
The Communist Party of China has opened the fourth plenary session of its 20th Central Committee in Beijing, as Xi Jinping outlined the country’s achievements over the past five years and presented the draft framework for the next phase of national development.
King Charles III visited the scene of Manchester synagogue attack on Monday where he met with and spoke to eye witnesses of the incident.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment