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September 17, 2021

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EXCLUSIVE Teamsters organizing workers’ unions at 9 Amazon.com facilities in Canada

Reuters
Sept 17 (Reuters) – The Teamsters workers’ union has launched campaigns to organize employees in at least nine Canadian facilities of U.S. e-commerce company Amazon.com (AMZN.O), according to Reuters interviews with union officials. The influential union took the first step earlier this week to organize employees at one of Amazon’s......

Ford wakes up badly burnt from its India dream

Reuters
NEW DELHI, Sept 17 (Reuters) – When Ford Motor Co (F.N) built its first factory in India in the mid-1990s, U.S. carmakers believed they were buying into a boom – the next China. The economy had been liberalised in 1991, the government was welcoming investors, and the middle class was......

Britain mulls easing COVID-19 travel rules for England

Reuters
Announcement on easing of rules expected later on Friday Expensive testing could be scrapped for fully vaccinated Destinations may be ranked high or low risk Industry warns over not easing rules Travel shares rise 4-5% LONDON, Sept 17 (Reuters) – The British government will on Friday consider easing England’s COVID-19......

Google, Apple remove Navalny app from stores as Russian elections begin

Reuters
The Russian opposition politician Alexei Navalny’s Smart Voting app is seen on a phone, in Moscow, Russia September 16, 2021. REUTERS/Shamil Zhumatov MOSCOW, Sept 17 (Reuters) – Alphabet’s Google (GOOGL.O) and Apple (AAPL.O) have removed jailed Kremlin critic Alexei Navalny’s tactical voting app from their stores, his team said on......

Tesla to work with global regulators on data security -Musk

Reuters
Tesla CEO Elon Musk gestures as he visits the construction site of Tesla’s Gigafactory in Gruenheide near Berlin, Germany, August 13, 2021. Patrick Pleul/Pool via Reuters/File Photo SHANGHAI, Sept 17 (Reuters) – Electric vehicle maker Tesla Inc (TSLA.O) will work with global regulators to ensure data security, Chief Executive Elon......

Banks beware, outsiders are cracking the code for finance

Reuters
Embedded finance investment jumps in 2021, data shows Buy now pay later deals take centre stage Fintech market valuations leapfrog banks LONDON, Sept 17 (Reuters) – Anyone can be a banker these days, you just need the right code. Global brands from Mercedes and Amazon (AMZN.O) to IKEA and Walmart......

Canada’s Trudeau hammers main election rival’s COVID-19 approach

Reuters
MONTREAL, Sept 16 (Reuters) – Canadian Prime Minister Justin Trudeau, seeking to carve out a lead ahead of Monday’s election, accused his main rival on Thursday of showing weak leadership in the fight against COVID-19. Opinion polls show Trudeau’s center-left Liberals effectively tied with the right-of-center Conservatives led by Erin......

Exclusive: Facebook targets harmful real networks, using playbook against fakes

Reuters
Sept 16 (Reuters) – Facebook (FB.O) is taking a more aggressive approach to shut down coordinated groups of real-user accounts engaging in certain harmful activities on its platform, using the same strategy its security teams take against campaigns using fake accounts, the company told Reuters. The new approach, reported here......

GM extends EV Bolt production halt to mid-October

Reuters
A close-up view of the Chevrolet Bolt electric vehicle logo is seen at Stewart Chevrolet in Colma, California, U.S., October 3, 2017. REUTERS/Stephen Lam WASHINGTON, Sept 16 (Reuters) – General Motors Co (GM.N) said on Thursday it will extend a shutdown of a Michigan assembly plant to mid-October following a......

European stocks rise as travel shares jump on Ryanair forecast

Reuters
The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, September 15, 2021. REUTERS/Staff Travel & leisure stocks snap 4-day losing streak Continental slumps on Vitesco spin-off Weaker metal prices weigh on miners Sept 16 (Reuters) – European stocks rose on Thursday as travel......

Four former VW employees go on trial in Dieselgate lawsuit

Reuters
BRAUNSCHWEIG, Germany, Sept 16 (Reuters) – Four former employees of carmaker Volkswagen (VOWG_p.DE) went on trial on Thursday over the Dieselgate scandal in which illegal software was used to cheat emission tests. The trial, being held in the city of Braunschweig, close to Volkswagen’s headquarters in Wolfsburg, started without former......

Britain’s M&S blames Brexit for closing French food stores

Reuters
M&S to close 11 food stores run with SFH Will retain nine stores run with Lagardere M&S says new rules make it ‘near impossible’ LONDON, Sept 16 (Reuters) – British retailer Marks & Spencer (MKS.L) said it would close all 11 French franchise food stores it runs with its partner......

Theater chain AMC to accept other cryptocurrencies along with bitcoin

Reuters
A representation of cryptocurrency Bitcoin is seen in this illustration taken August 6, 2021. REUTERS/Dado Ruvic/Illustration/File Photo Sept 16 (Reuters) – AMC Entertainment Holdings Inc (AMC.N) boss Adam Aron said the theater chain would accept ether, bitcoin cash and litecoin alongside bitcoin for ticket purchases, as cryptocurrencies gain acceptance among......

Britain’s John Lewis, Co-op lament supply chain disruptions

Reuters
Shoppers pass a branch of John Lewis in London, Britain, September 15, 2016. REUTERS/Toby Melville/Files John Lewis warns of ‘significant uncertainty’ Co-op says crisis will impact full year profit LONDON, Sept 16 (Reuters) – British retailers John Lewis Partnership and the Co-operative Group both warned that creaking supply chains would......

German police respond to synagogue threat, no injuries reported

Reuters
HAGEN, Germany, Sept 15 (Reuters) – Large numbers of armed police were deployed to protect a synagogue in western Germany on Wednesday evening after authorities said they had received information about a threat against it. A police officer on the scene said nobody had been hurt during the operation at......

Amazon reaches agreement with trade unions in Italy

Reuters
Flags flutter outside a distribution centre, during a strike at Amazon’s logistics operations in Italy, in Passo Corese, Italy March 22, 2021. REUTERS/Remo Casilli/File Photo MILAN, Sept 15 (Reuters) – Amazon.com Inc (AMZN.O) has struck a deal with Italian trade unions promising to engage with them more in the running......

Nikola, Iveco sign MoU to deliver 25 e-trucks to Hamburg port

Reuters
ULM, Germany, Sept 15 (Reuters) – Electric-truck maker Nikola (NKLA.O) and Iveco, the commercial vehicles brand of Italy’s CNH Industrial (CNHI.MI), on Wednesday said they had agreed to test and deliver up to 25 vehicles to the port of Hamburg, one of Europe’s largest. The memorandum of understanding, which was......

Biden to meet U.S. CEOs in ‘rallying cry’ for vaccine mandates

Reuters
WASHINGTON, Sept 15 (Reuters) – U.S. President Joe Biden was scheduled to meet on Wednesday with business leaders and CEOs, as he pushes companies to require workers to be vaccinated amid a surge in COVID-19 infections among those not yet inoculated. Biden last week announced vaccine mandates for all federal......

FTC staff to present findings on Big Tech’s smaller acquisitions

Reuters
WASHINGTON, Sept 15 (Reuters) – Staff of the Federal Trade Commission will present their findings on Wednesday on business deals that tech platforms like Facebook (FB.O) and Alphabet’s (GOOGL.O) Google did that were sometimes too small to prompt antitrust review. The agency, which began holding open meetings after progressive Lina......

H&M sales pick up less than expected in June-Aug

Reuters
The H&M clothing store is seen in Times Square in Manhattan, New York, U.S., November 15, 2019. REUTERS/Mike Segar/File Photo Sales remain below pre-pandemic levels June -Aug net sales up 9% vs consensus up 14% Local-currency sales up 14% year on year STOCKHOLM, Sept 15 (Reuters) – Sales at Sweden’s......

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