Human Times
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European Edition
24th July 2026
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THE HOT STORY

Immigrant employment in the EU reached 'record high' in 2025

Immigrant employment in the European Union rose to a record high last year, according to a report from the ROCKWOOL Foundation Berlin (RFBerlin). The employment rate among immigrants increased to ​68.2% last year from 67.8% in 2024, according to ​the study, based on Eurostat data, from the Centre for Research and ⁠Analysis of Migration (CReAM) at RFBerlin. "The proportion ​of immigrants in employment has been rising for many years, and ​the figures are close to that of the native population," observed CReAM deputy director Tommaso Frattini. ​The employment rate for non-EU immigrants grew from 59.4% to 66%; the employment rate among EU immigrants increased from 71.1% to 74.8%. "The ⁠challenge ​today is no longer simply getting ​immigrants into work but ensuring that their skills are fully utilised," added Christian ​Dustmann, director of RFBerlin.
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WORK FROM ABROAD

How to offer location-flexibility without the compliance risk

The best people increasingly want this kind of freedom, whether it’s working near a partner posted overseas or from their home country a few weeks a year. In fact, 97% say flexibility is a key factor in their job decisions: allow it and you win those hires and keep the people you already have.

The catch is the compliance underneath: corporate tax, social security, immigration and labour law, any of which a single trip can trigger. Get a clear breakdown of the key compliance risks of working from abroad, with practical tips on how to manage them before they arise.

Download the No-Risk Handbook for HR & GM teams here!


 
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LEGAL

Trump imposes fresh tariffs on more than 80 countries

The White House has imposed a fresh round of sweeping tariffs on more than 80 countries to replace a 10% global duty that was due to expire. The duties, ranging from 10% to 12.5% and accounting for the vast majority of American imports, target key economic partners - including the UK, China, the European Union, Canada, Japan and India - over claims they have failed to properly tackle forced labour. “The United States has had a forced labour import ban for nearly a century, and rigorously enforces it; it’s well past time for our trading partners to do the same,” US trade representative, Jamieson Greer, said.
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STRATEGY

British Gas owner Centrica to cut 1,300 jobs

Centrica, the owner of British Gas, is cutting 1,300 jobs due to a shift in customer behaviour. The company previously announced 500 cuts and has now revealed an additional 800 roles are affected. Chief executive Chris O'Shea insisted that "AI is not driving" job cuts, which he said were indicative of "a change in customer behaviour." He said: "About 90 per cent of our customers actually use digital channels in the first instance and we've seen a 20% reduction in customer calls." Centrica said it had been "managing resource levels through natural attrition."

Amazon cuts some jobs in its artificial general intelligence unit

Amazon is laying off employees in its artificial general intelligence (AGI) unit, which focuses on developing AI models and includes teams working on silicon and quantum computing. The company has not disclosed the number of affected staff or specific areas impacted. An Amazon spokesperson said: “This is a fast-moving space, and we're sharpening our focus on the initiatives that matter most for customers.” The move follows a series of layoffs at the company, totaling over 30,000 since last October, as Amazon shifts its strategy to invest heavily in AI infrastructure. The AGI unit is crucial for Amazon to compete with the likes of OpenAI and Anthropic.
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ECONOMY

June heatwave 'cost UK economy more than £1bn'

Last month's record-breaking heatwave cost the UK economy an estimated £1.15bn and resulted in 24m lost working hours, according to research by the London School of Economics' Grantham Research Institute. The study found that workers lost an average of 0.47 hours during the final week of June. The survey also found that 5% of respondents sought medical attention and around 3% reported an accident or injury at work during that week, with around two-thirds of them feeling it was linked to the weather. Elizabeth Robinson, the institute's director, said: “Our findings point to a country that remains insufficiently adapted to the changing climate. The government cannot continue to ignore extreme heat. Unless it acts now, and makes workplaces safer, we are likely to see growing impacts on workers' productivity, health, and the economy.” Shouro Dasgupta, environmental economist at the Euro-Mediterranean Centre on Climate Change (CMCC), said: “While £1bn is lost overall, the greatest effects are borne by outdoor workers and those in physically demanding jobs, many of whom are among the lowest paid in the labour force. Extreme heat is widening existing inequalities in the labour force.”

Global household wealth surged in 2025 as AI boom fueled equity gains

Global household wealth rose 7.3% to $570tn in 2025, according to the McKinsey Global Institute, with rising equity markets accounting for 57% of the increase as investor optimism over AI drove stock prices higher. The report found that only 20% of the growth came from new investment in real assets, while 60% reflected gains in asset prices, raising concerns that wealth creation is becoming increasingly dependent on market expectations rather than underlying economic activity. McKinsey warned that if AI fails to deliver the productivity gains investors anticipate, elevated asset valuations could face a significant correction, with potential consequences for global economic growth given the heavy exposure of international investors to US equities.
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CORPORATE

Mercedes at risk of US sales ban under Senate China bill

The US Senate Commerce Committee has approved ​legislation to toughen a ‌US government ban on Chinese automakers entering the ​American market that ​could potentially bar German automaker Mercedes-Benz - which is 20% owned by Chinese companies - from ⁠selling vehicles in ​the United States. The bill would ban companies with ‌more ⁠than 15% ownership by Chinese entities from selling ​vehicles in ​the US. Senator ⁠Bernie Moreno said Mercedes-Benz would have until ⁠2030 ​to comply ​and could still get waivers if ​needed.
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REGULATION

Google hit with $1bn EU fine

European Union regulators have hit Google with a €890m ($1bn) fine for violating the bloc’s Digital Markets Act. The European Commission said that the Alphabet-owned platform had unfairly favoured its own search services and prevented app developers from steering consumers to offers outside its Play Store. The company was fined €460m for the alleged search abuses and €430m for the Play Store breaches. “Google has fallen short of effective compliance with the Digital Markets Act, and today we have taken decisive yet balanced enforcement action sanctioning these breaches,” EU competition chief Teresa Ribera said. “The best products should succeed because they’re better, not because they’re owned by the company running the search engine.”
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RISK

Ebola death toll in DR Congo is now above 1,000

Jean Kaseya, the director-general of the Africa Centres for Disease Control and Prevention, has said that 1,031 deaths have been confirmed since the emergence of the Bundibugyo strain of the Ebola virus in May. “The Ebola outbreak is escalating at an alarming pace. We must act now,” Kaseya wrote in a post on X on Tuesday. “If we do not stop it today, this will become the worst outbreak the world has ever documented.”
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INTERNATIONAL

Trump extends pardons to companies

Bloomberg reports that Donald Trump has become the first modern US president to issue pardons for companies, with his clemency grants wiping out almost $200m in financial penalties, some of which were destined for victims of wrongdoing. “In any previous era no president would touch this with a barge pole,” observed Frank Bowman, a professor at the University of Missouri School of Law. “Maybe individual cases with some compelling reason, but the systemic elimination of criminal liability of major financial crime would never have happened before, and it didn’t.” Trump has granted clemency to nine companies since the start of his second term. Bloomberg profiles one such company, which had been charged with conspiring to violate the Clean Air Act for deleting controls on vehicles that were meant to stem emissions.

Chinese drugmakers struggle to recruit staff for global expansion

Leading Chinese drugmakers, including Jiangsu Hengrui Pharmaceuticals and CanSino Biologics, are struggling to recruit internationally experienced staff needed ​to develop and commercialise promising medicines overseas as the companies seek to satisfy their global ambitions. The rapid growth of China's biopharmaceutical sector has outpaced its ability to develop a skilled workforce, with a report from research organisation ICON highlighting that Asia-Pacific biotech professionals were nearly three times more likely than global peers to report talent shortages affecting operations. China "faces bottlenecks in global commercialisation without access to more internationally trained senior talent", observed Catherine Gregor, the chief clinical trial officer at US software firm Florence Healthcare.

KPMG Australia fines staff following audit leak investigation

KPMG Australia has imposed sanctions on seven employees, including financial penalties of up to A$180,000 ($126,000), after an internal investigation confirmed the improper sharing of confidential client information in an audit leak scandal. The penalties also include formal warnings, reduced performance ratings, and restricted career progression. The firm has faced intense scrutiny since whistleblower allegations emerged in March that staff used confidential information to help secure audit work. The scandal has already prompted the resignations of KPMG Australia's chief executive, audit head, and chairman. KPMG said the investigation found internal documents containing client information had been inappropriately shared between employees, describing the conduct as unacceptable and inconsistent with the firm's obligations. Two partners retired before the sanctions were imposed. Additionally, KPMG Australia has named John Sams as its new CEO, with the appointment effective immediately.
 
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