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WASHINGTON (Reuters) – A former employee of Amazon.com’s Ring doorbell camera unit spied for months on female customers in 2017 with cameras placed in bedrooms and bathrooms, the Federal Trade Commission said in a court filing on Wednesday when it announced a $5.8 million settlement with the company over privacy violations. Amazon also agreed to …

Amazon’s Ring used to spy on customers, FTC says in privacy settlement Read More »

LONDON (Reuters) – More than 1,600 companies identified by non-profit platform CDP as having the biggest impact on the environment are not disclosing environmental data, it said as it launched its latest campaign to get firms to provide the information. CDP, which has standardised data to allow investors and others to compare corporate performance in …

Environmental platform urges more than 1,600 high-emitting firms to disclose data Read More »

ROME (Reuters) – Italian wages have recorded some of the weakest growth in Europe over the past 25 years in real terms, the head of the central bank said on Wednesday, backing the introduction of a minimum wage to address social inequalities. In a high profile speech, Bank of Italy Governor Ignazio Visco, who steps …

Bank of Italy chief calls for minimum wage to improve social justice Read More »

(Reuters) -Carmaker Stellantis has signed a new agreement with Australia-listed lithium supplier Vulcan Energy Resources aiming to help decarbonise its European operations, the two groups said on Wednesday. As global demand for electric vehicle (EV) batteries rises, Stellantis has signed deals with multiple miners to secure key minerals, including with Vulcan, for which the world’s …

Stellantis, Vulcan Energy sign deal for geothermal projects in France Read More »

By Maria Martinez BERLIN (Reuters) – Inflation eased in five economically important German states in the month of May, preliminary data showed on Wednesday, suggesting that national price rises are set to slow to their lowest in more than a year. The inflation rate in North-Rhine Westphalia fell to 5.7%, while in Bavaria it slowed …

Inflation dips in German states, pointing to national drop Read More »

(Reuters) -Anglo American’s Finance Director Stephen Pearce will retire this year and the company will consolidate its production businesses into two regions as the miner pursues growth in “future-enabling” minerals, the company said on Wednesday. Over the last year, Anglo American has made several management changes, including appointing a new CEO for its De Beers …

Anglo reorganises in pursuit of growth as finance boss retires Read More »

By Sruthi Shankar (Reuters) -European shares hit an over two-month low on Wednesday as weak economic data from China fuelled concerns about a global slowdown and countered optimism from signs of easing inflation in some of the major euro zone economies. The pan-European STOXX 600 index fell 0.4% to hit its lowest level since March …

European shares hit two-month lows as China factory activity falters Read More »