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Belgian earplugs brand Loop enters US stores with Target partnership

By Neil J Kanatt (Reuters) -Loop said on Wednesday its earplugs will be available in over 600 Target stores starting this month, marking the Belgian startup’s entry in traditional brick-and-mortar retail in the United States. Designed to look like fashion accessories, Loop’s earplugs aim to reduce ambient noise while maintaining sound quality, making them popular …

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Rotterdam port container traffic disrupted as lashers strike for higher wages

AMSTERDAM (Reuters) -Lashers in Europe’s largest sea port Rotterdam went on a 48-hour strike on Wednesday afternoon to demand higher wages, while Flemish harbour pilots protesting about pension reforms in the main neighbouring Belgian port also disrupted marine traffic there. Labour union FNV said all employees of International Lashing Services and Matrans Marine Services, the …

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German cartel office investigating Temu over merchant price influencing

BERLIN (Reuters) -Germany’s cartel office has initiated proceedings into Temu to examine whether the Chinese company is influencing the pricing of third-party merchants on its e-commerce platform, it said on Wednesday. “We are investigating the suspicion that Temu could impose inadmissible requirements on merchants’ pricing on the German marketplace,” said office president Andreas Mundt. “Such …

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UK Conservative leader pledges to scrap most taxes for home buyers

LONDON (Reuters) -The opposition Conservative Party leader Kemi Badenoch on Wednesday made a surprise promise to abolish tax on British people buying their main homes alongside a new “golden rule” to reduce government borrowing through spending cuts. In a speech at the party’s conference, Badenoch said she would abolish stamp duty on primary residential homes, …

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Cisco rolls out chip designed to connect AI data centers over vast distances 

By Stephen Nellis SAN FRANCISCO (Reuters) -Cisco Systems launched on Wednesday a new networking chip designed to connect artificial intelligence data centers, with the cloud computing units of Microsoft and Alibaba enrolling as the chip’s customers. The P200 chip, as Cisco calls it, will compete against rival offerings from Broadcom. It will sit at the …

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Ryanair CEO says airline on track to recover last year’s 7% fare decline

By Corina Pons MADRID (Reuters) -Irish budget airline Ryanair believes it is on track to recover its 7% fare decline from 2024 this financial year, Chief Executive Michael O’Leary told Reuters in Madrid on Wednesday. “The traffic is ahead of target … Fares look like they will rise by 7% for the full year,” O’Leary …

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Critical Metals to supply REalloys with rare earths from Greenland project

(Reuters) -U.S.-based Critical Metals has signed a letter of intent to supply magnet company REalloys with rare earths from its Tanbreez project in Greenland, the latest such deal as the government focuses on industries crucial to national security. The Wednesday announcement from Critical Metals sent its shares up nearly 21% in morning trade to $12.11. …

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Industrial action by harbour pilots disrupts shipping at Antwerp-Bruges

By Alban Kacher (Reuters) -Marine traffic at Belgium’s Port of Antwerp-Bruges has been severely disrupted by four days of industrial action by Flemish harbour pilots protesting against federal pension reforms, port authorities told Reuters on Wednesday. Antwerp harbour, which typically handles 60 to 80 ships daily, processed only 31 vessels on Tuesday, the port said, …

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EU says Spain’s airline fines over cabin bag fees breach regulations

BRUSSELS (Reuters) -The European Commission on Wednesday said fines imposed by Spain on Ireland’s Ryanair and other budget airlines for charging extra fees on cabin bags breached regulations. The Spanish Consumer Rights Ministry last year fined Ryanair, easyJet, Norwegian, IAG’s low-cost unit Vueling, and Volotea a combined 179 million euros ($208 million) for practices such …

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