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June 7, 2021

REGS

Air Canada executives to return bonuses after government aid outcry

Reuters
Air Canada planes are parked at Toronto Pearson Airport in Mississauga, Ontario, Canada April 28, 2021. REUTERS/Carlos Osorio Top executives at Air Canada (AC.TO) will return their bonuses and share awards, the carrier said on Sunday, in response to “public disappointment” over executive compensation at the airline, which received government......

Germany backs carbon pricing in EU climate policy overhaul – document

Reuters
Smoke rises from the coal power plant in Jaenschwalde, Germany February 3, 2018. REUTERS/Hannibal Hanschke The German government is backing an extension of European Union carbon pricing and an end to free carbon permits for airlines as the bloc prepares new measures to help meet climate change targets, according to......

Microsoft says error led to no matching Bing images for Tiananmen ‘tank man’

Reuters
Microsoft Corp (MSFT.O) on Friday blamed “accidental human error” for its Bing search engine not showing image results for the query “tank man” in the United States and elsewhere after users raised concerns about possible censorship around the Tiananmen Square crackdown anniversary. Users, including in the United Kingdom, Germany and......

Facebook’s Marketplace in EU, UK antitrust crosshairs

Reuters
Europe and Britain launched formal antitrust investigations into Facebook (FB.O) on Friday to determine if the world’s largest social network is using customers’ data to unfairly compete with advertisers, in a new threat to its business model. The European Commission and Britain’s Competition and Markets Authority separately said they would......

EU, ASEAN conclude landmark air transport agreement

Reuters
Malaysia Airlines and Singapore Airlines planes are pictured at Changi Airport in Singapore, July 5, 2019. REUTERS/Lim Huey Teng/File Photo The Association of Southeast Asian Nations (ASEAN) and the European Union have concluded the world’s first bloc-to-bloc air transport agreement, ASEAN said, to allow their airlines to easier expand services to and......

EU to ban Belarus overflights from midnight, diplomats say

Reuters
A Boeing 737-800 plane of Belarusian state carrier Belavia takes off at the Domodedovo Airport outside Moscow, Russia May 28, 2021. REUTERS/Maxim Shemetov/File Photo European Union ambassadors on Friday adopted a plan to ban Belarus airlines from flying over EU territory or landing in EU airports, three diplomats said. The......

Banks bulk up in Hong Kong as China business overshadows politics

Reuters
A Star Ferry boat crosses Victoria Harbour in front of a skyline of buildings in Hong Kong, China June 29, 2020. REUTERS/Tyrone Siu Some global banks, funds and other financial services providers say they are stepping up hiring in Hong Kong, in a sign the city’s unique position as a......

EU court backs Tesco workers in equal pay dispute

Reuters
A logo of Tesco is pictured outside a Tesco supermarket in Hatfield, Britain October 6, 2020. REUTERS/Peter Cziborra/File Photo Thousands of current and former employees of UK supermarket group Tesco (TSCO.L) on Thursday won the support of Europe’s top court in their fight for equal pay in a judgment that......

Crypto firms fall short on anti-money laundering rules, UK watchdog says

Reuters
Representations of cryptocurrencies including Bitcoin, Dash, Ethereum, Ripple and Litecoin are seen in this illustration picture taken June 2, 2021. REUTERS/Florence Lo/Illustration Many cryptocurrency firms are not meeting Britain’s anti-money laundering and counter-terrorism financing rules, the country’s financial watchdog said on Thursday, showing how some parts of the emerging sector......

StanChart unit to launch cryptocurrency trading platform

Reuters
A Standard Chartered PLC (STAN.L) unit intends to establish a cryptocurrency brokerage and exchange platform in Britain and Europe, targeting institutional clients, the bank said on Wednesday. The new exchange will be created by a joint venture between SC Ventures, the bank’s innovation arm, and BC Technology Group (0863.HK), which......

Israel sees probable link between Pfizer vaccine and myocarditis cases

Reuters
Israel’s Health Ministry said on Tuesday it had found the small number of heart inflammation cases observed mainly in young men who received Pfizer’s COVID-19 vaccine in Israel were likely linked to their vaccination. Pfizer has said it has not observed a higher rate of the condition, known as myocarditis,......

Israel sees probable link between Pfizer vaccine and myocarditis cases

Reuters
Israel’s Health Ministry said on Tuesday it had found the small number of heart inflammation cases observed mainly in young men who received Pfizer’s COVID-19 vaccine in Israel were likely linked to their vaccination. Pfizer has said it has not observed a higher rate of the condition, known as myocarditis,......

Amazon backs marijuana legalization, drops weed testing for some jobs

Reuters
The Amazon logo is seen outside its JFK8 distribution center in Staten Island, New York, U.S. November 25, 2020. REUTERS/Brendan McDermid. Amazon.com Inc (AMZN.O) said on Tuesday it supports a proposed U.S. legislation to legalize cannabis at the federal level, and would drop weed-testing requirements for some recruitments. The e-commerce......

EU to step up digital push with digital identity wallet

Reuters
European Union flags flutter outside the EU Commission headquarters in Brussels, Belgium May 5, 2021. REUTERS/Yves Herman The European Commission will on Thursday announce plans for a digital identity wallet to allow Europeans to access public and private services, prompted in part by the COVID-19 pandemic which has seen a......

Indian court orders COVID-related audit of Renault-Nissan plant

Reuters
A security guard walks past ‘Micra’ cars lined at the newly-inaugurated Renault-Nissan Alliance auto plant in the southern Indian city of Chennai March 17, 2010. REUTERS/Babu An Indian court on Monday ordered officials to inspect coronavirus-related safety protocols at Renault-Nissan’s Tamil Nadu car plant, where workers are on strike over......

Canadian telecoms regulator’s latest ruling spells ‘dark period’ for smaller operators

Reuters
Members of the audience hold up their mobile phones towards the stage at the iHeartRadio MuchMusic Video Awards (MMVA) in Toronto, Ontario, Canada August 26, 2018. REUTERS/Fred Thornhill Two recent decisions by Canada’s telecom regulator are freezing out competition in the country’s highly concentrated industry, critics argue, making it even......

EXCLUSIVE U.S. tyre maker Goodyear faces allegations of labour abuse in Malaysia

Reuters
American tire manufacturer Goodyear Tire & Rubber Co (GT.O) is facing accusations of unpaid wages, unlawful overtime and threats to foreign workers at its Malaysian factory, according to court documents and complaints filed by workers. In interviews with Reuters, six current and former foreign workers, and officials with Malaysia’s labour......

Decision on lifting England’s lockdown will be driven by data, minister says

Reuters
Visitors to Greenwich Park sit and look towards Canary Wharf financial district as lockdown restrictions are eased amidst the spread of the coronavirus disease (COVID-19) pandemic in London, Britain, April 25, 2021. REUTERS/Peter Nicholls/File Photo The decision to lift final lockdown measures in England on June 21 will be made......

Russia approves Air France, Lufthansa routes avoiding Belarus

Reuters
Air France (AIRF.PA) and Lufthansa (LHAG.DE) have received approval from Russia for flight routes to the country that avoid Belarusian airspace, the airlines said on Saturday. The European Union Aviation Safety Agency (EASA) has advised domestic and foreign airlines to avoid Belarusian air space following the May 23 forced landing......

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