From Breakingviews: Amazon’s resistance to a French court order limiting it to essential deliveries may stoke further scrutiny about its labor practices
The logo of Amazon is seen at the company logistics centre in Boves, France, January 19, 2019. REUTERS/Pascal RossignolLES MISERABLES. Amazon.com Chief Executive Jeff Bezos risks incurring the wrath of the French state after the e-commerce giant said it could skirt a court order limiting it to essential deliveries only.
CONSUMER GIANT TIPTOES THROUGH CRISIS SUCCESS. What’s good for Procter & Gamble today might not hold for tomorrow. The $300 billion consumer packaged goods company said organic sales rose 6% year-over-year in the three months ending March 31 as people stocked up on Charmin toilet paper and Bounty paper towels.
PARIS MISMATCH. Vincent Bolloré may have another activist bone to pick. The billionaire French tycoon is considering taking a stake in Lagardère, along with fellow one-percenter Marc Ladreit de Lacharrière, to support eponymous boss Arnaud, according to the newspaper Les Echos.
SUPPLY CHAIN RISK. Malaysia is highlighting the world’s dependence on China for rare earths. Kuala Lumpur will decide within five days whether to allow Australian miner Lynas to reopen a processing plant, Reuters reported on April 15. Lynas argues it operates in a “critical industry”, producing products that are essential to the supply chains of key sectors in partially locked-down Malaysia, including medical devices.
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