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Amazon protests in Europe target warehouses, lockers on busy Black Friday

LONDON (Reuters) – Workers and activists across Europe plan demonstrations against U.S. e-commerce giant Amazon on Friday, aiming to disrupt its warehouses and prevent merchandise from reaching Amazon parcel lockers on one of the busiest shopping days of the year. On Black Friday, the day after the U.S. Thanksgiving holiday, many retailers slash prices to …

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Virgin Australia adds Boeing MAX-8 aircraft as demand stays buoyant

(Reuters) – Airline operator Virgin Australia on Friday said it has added six Boeing MAX-8 aircraft to further expand its fleet and meet travel demand, taking its total order for the planes to fourteen. Australia’s second-biggest carrier returned to a profit for the first time in 11 years in fiscal 2023, buoyed by a strong …

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Australia’s clean energy plan muddles $10.6 billion takeover fight for Origin

By Lewis Jackson SYDNEY (Reuters) – The long-term value of hotly contested $10.6 billion takeover target Origin Energy has been muddied by a government plan to accelerate the rollout of renewable energy, announced just hours before a key shareholder vote. The Australian government announced plans on Thursday to underwrite 32 gigawatts (GW) of new wind, …

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Boycott campaigns over Gaza war hit Western brands in some Arab countries

By Farah Saafan and Suleiman Al-Khalidi CAIRO (Reuters) -On a recent evening in Cairo, a worker cleaned tables in an empty McDonald’s restaurant. Branches of other Western fast-food chains in the Egyptian capital also appeared deserted. All have been hit by a largely spontaneous, grassroots boycott campaign over Israel’s military offensive in the Gaza Strip …

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Mexico’s America Movil denies report it’s eyeing Argentine telecoms firm Arsat

MEXICO CITY (Reuters) – America Movil, the Mexican telecommunications company controlled by billionaire Carlos Slim, on Thursday denied a report it is in talks with Argentine President-elect Javier Milei’s team to buy Argentina’s state telecoms company Arsat. “It’s all false,” Arturo Elias, Slim’s spokesman and son-in-law, told Reuters when asked about the media report. Citing …

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Exclusive-Barclays working on $1.25 billion cost plan, could cut up to 2,000 jobs -source

By Sinead Cruise and Lawrence White LONDON (Reuters) – Barclays is working on plans to save as much as 1 billion pounds ($1.25 billion), which could involve cutting as many as 2,000 jobs, mainly in the British bank’s back office, a person with direct knowledge of the proposals told Reuters. Managers at Barclays, led by …

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Exclusive-Argentina grains trade ‘paralyzed’ as farmers eye FX adjustment, bean shortage

By Maximilian Heath BUENOS AIRES (Reuters) – Argentina’s grains trade is largely “paralyzed” by a lack of soybeans due to drought and farmers holding onto produce, anticipating a devaluation of the peso under President-elect Javier Milei, the head of the main export chamber told Reuters. The comments were the first from the crushing and export …

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Exclusive-Greek shippers exit Russian oil trade as U.S. tightens price cap scrutiny

MOSCOW/LONDON (Reuters) – Three major Greek shipping firms have stopped transporting Russian oil in recent weeks in order to avoid U.S. sanctions now being imposed on some shipping firms carrying Russian oil, four traders told Reuters and shipping data showed. The development is a blow to Russia as it narrows the number of shipping firms …

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