The French government is facing a vote of no confidence in parliament today after it force to a controversial bill designed to reform labor laws. Right wing opposition parties have called for the vote a day after the government invoked a rare clause in the constitution to push through the reforms. The opposition is thought to be around 40 votes short of a victory. But they expect some support from within President François Hollande’s own socialist party.
The Japanese car maker Mitsubishi and Nissan have confirmed that they are discussing a possible financial deal as Mitsubishi struggles to recover from falsifying its fuel efficiency figures. Japanese media reports suggest Nissan will take a 1/3 stake in its rival to become the single largest shareholder. BBC news.