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French parliament approves bill to rein in tourist rentals
French parliament approves bill to rein in tourist rentals
by  AFP

The French parliament on Thursday approved a bill aimed at tightening the regulation of tourist accommodation such as Airbnb to combat the shortage of affordable housing. The bill -- the result of a compromise between the two houses of French parliament -- had been unanimously approved by the upper house Senate on Tuesday.

Pharma giant AstraZeneca says China chief detained
Pharma giant AstraZeneca says China chief detained
by  AFP

Pharmaceutical giant AstraZeneca said Thursday that the head of its China operations had been detained, after reports the firm was under investigation for potentially illegal data collection and drug imports.

French lawmakers back bill to tighten Airbnb regulation
French lawmakers back bill to tighten Airbnb regulation
by  AFP

French lawmakers on Thursday backed a bill aimed at increasing the regulation of tourist accommodation such as Airbnb to combat the shortage of affordable housing. The legislation, which has been in the works since April 2023, aims to slash tax breaks for tourist properties in a bid to curb short-term rentals amid shortages of affordable housing.

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