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U.S. State Department phones hacked with Israeli company spyware – sources

By Christopher Bing and Joseph Menn WASHINGTON/SAN FRANCISCO (Reuters) – Apple Inc iPhones of at least nine U.S. State Department employees were hacked by an unknown assailant using sophisticated spyware developed by the Israel-based NSO Group, according to four people familiar with the matter. The hacks, which took place in the last several months, hit …

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Unicredit German unit to take significant portion of job cuts under new plan – source

MILAN (Reuters) – UniCredit’s German arm is set to take a significant portion of the around 3,000 voluntary redundancies expected under the Italian bank’s new business plan, a person close to the matter said. Bloomberg News reported earlier on Friday half of the expected job cuts would hit the group’s German operations. UniCredit will unveil …

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UK’s Sunak plans to cut income tax or slash VAT before next election -The Times

(Reuters) – Britain’s finance minister Rishi Sunak is preparing to cut income tax by 2 pence to the pound or to slash rates of Value Added Tax (VAT) before the next election, The Times reported on Friday. Sunak has told officials to draw up detailed plans to reduce the tax burden, with a third option …

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Kellogg reaches tentative deal with union after 2 months of strike

(This Dec. 2 story corrects throughout to say “transitional” workers, not “temporary”, replaces the word “permanent” with “legacy”, and removes reference to 30% temporary workers in fourth paragraph) (Reuters) – Kellogg Co said on Thursday it has reached an agreement with the union on a new five-year contract for its employees at a few breakfast-cereal …

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Google real estate executive says 5% more workers coming in to office each week

By Paresh Dave and Julia Love SAN FRANCISCO (Reuters) – Alphabet Inc’s Google has seen an increasing number of employees coming in to its offices each week, particularly younger workers, the company’s real estate chief said during an interview at the Reuters Next conference on Friday. On Thursday, Google indefinitely pushed back the mandated return …

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USTR backs efforts to strengthen U.S. EV industry despite objections

By David Lawder (Reuters) – The U.S. Trade Representative’s office said on Friday it was committed to legislation strengthening the domestic electric vehicle industry despite objections from Mexico and Canada over a proposed tax credit for electric vehicles built by U.S. union workers. The proposed $12,500 electric vehicle tax credit would include $4,500 for EVs …

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Ireland to temporarily reopen COVID-19 unemployment payment scheme

DUBLIN (Reuters) – Ireland is to temporarily restart its COVID-19 Pandemic Unemployment Payment scheme for people who lose their jobs as a result of new restrictions on the entertainment sector, deputy prime minister Leo Varadkar said on Friday. “I don’t think this will be a large number of people, maybe in the thousands,” who will …

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UK’s Sainsbury’s postpones Christmas parties due to Omicron emergence

LONDON (Reuters) -British supermarket group Sainsbury’s has postponed all Christmas parties until the new year, fearing the emergence of the coronavirus Omicron variant could lead to higher staff absence levels during the key festive trading period. There have been 42 confirmed cases of the variant in Britain, which appears to be more transmissible, while tests …

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EU gives first nod to disbursement of 10 billion euros to Spain under recovery plan

BRUSSELS (Reuters) – The European Commission said on Friday it had given preliminary approval to the disbursement of 10 billion euros ($11.3 billion) in grants to Spain under the EU recovery plan. The disbursement is part of the European Union’s wider, 27-nation plan to support the recovery of the European economy from the slump caused …

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