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WASHINGTON (Reuters) – President Joe Biden was glad to see that the voices of Amazon.com Inc workers were heard, the White House said on Friday, after warehouse workers in New York City voted to form the first-ever union at the second-largest U.S. private employer. Biden believes “firmly every worker in every state should have a …

Biden was glad to see Amazon workers’ voices were heard in union vote – White House Read More »

By Paresh Dave BRUSSELS (Reuters) – EU antitrust regulators are quizzing Microsoft’s rivals and customers about its cloud business and licensing deals, a questionnaire seen by Reuters showed, in a move that could lead to a formal investigation and renewed scrutiny of the U.S. software company. The European Commission has fined Microsoft a total 1.6 …

Microsoft’s cloud business targeted by EU antitrust regulators Read More »

By Howard Schneider and Dan Burns (Reuters) – The coronavirus pandemic’s grip on the U.S. job market notably loosened in March, two years after a state of emergency was declared, as the number of people homebound by COVID-19 concerns hit a new low and fewer people reported having to work remotely. In all, the government’s …

COVID weighing less and less on the U.S. job market Read More »

(Reuters) -Russia’s central bank said on Friday it was softening restrictions on foreign fund transfers for individuals for a six-month period. The bank said the measures, which raise an earlier limit on funds that can be transferred abroad, did not apply to residents and non-residents from countries that had imposed sanctions against Russia over Ukraine. …

Russia eases some curbs on transferring money abroad Read More »

(Reuters) – Russian Economy Minister Maxim Reshentnikov on Friday said Russian companies whose depositary receipts are traded abroad will be obliged to return to Russia, unless other solutions arise. The London Stock Exchange suspended trading in the depositary receipts — which represent shares in a foreign company — of Russian companies in early March. (Reporting …

Moscow says firms foreign-listed depositary receipts will be forced to return to Russia Read More »

(Reuters) – The Russian rouble touched a more than five-week high in early Moscow trade on Friday before settling close to 83 to the dollar, and Russian stocks edged higher, with investors eyeing events in Ukraine and an ongoing gas payments saga. At 0741 GMT, the rouble was 0.1% weaker against the dollar at 83.25, …

Rouble, Russian stocks hit over 5-week highs in early Moscow trade Read More »

SHANGHAI (Reuters) -More than half of U.S. multinational companies in China have reduced their annual revenue projections, mostly due to the recent COVID-19 outbreak in Shanghai, according to a joint survey by the American Chambers of Commerce in Shanghai and Beijing published on Friday. Responses to the survey, conducted with 167 companies operating throughout China …

Shanghai COVID curbs prompt half of U.S. firms in China to cut revenue forecasts – survey Read More »