(Reuters) – More than 1,000 union employees at the New York Times Co have pledged to walk out if the news publisher does not agree to a complete and fair contract by Dec. 8, according to a tweet by the union on Friday. The NYT NewsGuild has sought wages that “keep up with inflation” as …
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By Daniel Wiessner (Reuters) – Workers who test games at Activision Blizzard Inc.’s unit Blizzard Albany have voted to form a union months after the games developer began negotiating with employees at its Wisconsin unit, the first in the company to unionize. The workers based near Albany, New York voted 14-0 to join the Communication …
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WASHINGTON (Reuters) -The U.S. Federal Reserve Board on Friday proposed new guidance for how large banking institutions manage climate-related financial risks, following proposals from other key financial regulators. The proposed principles detailed expectations for banks with more than $100 billion in assets to incorporate financial risks related to climate into their strategic planning. Issuance of …
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LONDON (Reuters) – Equity funds suffered a $14.1 billion outflow in the week to Wednesday in the largest exit in three months, BofA Global Research said in a note on Friday. U.S. equity funds saw an $16.2 billion outflow, the biggest since April, the latest flow data from BofA also showed. Bond funds also saw …
Equity funds suffer biggest weekly outflow in three months – BofA Read More »
(Reuters) -Binance paused withdrawals of Ankr tokens after the cryptocurrency exchange’s CEO Changpeng Zhao said the tokens were possibly targeted by hackers. Ankr told decentralized exchanges to block trading and said it will re-issue the tokens after assessing the situation. Zhao also said the exchange had frozen about $3 million that hackers moved to the …
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STOCKHOLM (Reuters) – Sweden-based Volvo Car AB said on Friday its sales grew 12% year-on-year in November to 59,154 cars. “Overall underlying demand for the company’s cars continues to remain robust, especially for its Recharge range of pure electric and plug-in hybrid cars,” it said in a statement. The sales growth accelerated compared with October …
Volvo Cars’ sales growth accelerates to 12% in November Read More »
By Tim Hepher PARIS (Reuters) -Airbus delivered an estimated 66 jets in November, leaving itself a near-record challenge of 137 in December to meet its 2022 goal, though it has not excluded the possibility of trimming the target, industry sources said. The world’s largest planemaker has delivered around 563 planes this year, the sources said, …
Airbus 2022 target in doubt after estimated 563 deliveries in Jan-Nov – sources Read More »
ZURICH (Reuters) – Swiss engineering and technology group ABB has been fined 4 million Swiss francs ($4.3 million) by the country’s Attorney General in connection with a bribery case in South Africa. The Attorney General’s office on Friday said the penalty was imposed on ABB for “not having taken all necessary and reasonable organisational provisions …
ZURICH (Reuters) – Credit Suisse Chairman Axel Lehmann said in a TV interview with Bloomberg on Friday the embattled bank’s outflows have basically stopped and that it is seeing partial inflows. Credit Suisse has reported sharp outflows as wealthy clients move assets elsewhere, while the bank battles to recover from a string of scandals by …
Credit Suisse chairman says outflows have basically stopped Read More »
By Jeffrey Dastin LAS VEGAS (Reuters) – Amazon.com Inc hopes to interest a wider range of industries in the technology it developed for cashier-less checkout at brick-and-mortar shops, a vice president said. In recent years, the e-commerce company has opened stores without cashiers in which cameras and sensors determine what shoppers take and bill them …
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