Amazon worker loses bid for California class action over remote work expenses

By Daniel Wiessner (Reuters) – Amazon.com Inc on Tuesday defeated a proposed class action lawsuit on behalf of nearly 7,000 workers in California that claimed the company should have reimbursed employees who worked remotely during the COVID-19 pandemic for home office expenses. U.S. District Judge Vincent Chhabria in San Francisco said the named plaintiff, David …

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China to set up new financial regulator in sweeping reform

BEIJING (Reuters) -China will set up a new financial regulatory body consolidating oversight, which analysts said was aimed at closing loopholes with multiple agencies monitoring different aspects of trillions of dollars’ worth of its financial services industry. The government will also set up a bureau responsible for coordinating the sharing and development of data resources, …

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Curva de rendimientos 2 años/10 años profundiza su inversión en EEUU tras comentarios de Powell

Por Chuck Mikolajczak NUEVA YORK, 7 mar (Reuters) -Los rendimientos de los bonos del Tesoro a corto plazo subían el martes, mientras que una parte de la curva de rendimiento mostró su inversión más profunda en más de 40 años, después de que las declaraciones del presidente de la Reserva Federal, Jerome Powell, indicaron que …

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Orange, MasMovil Spanish tie-up in EU antitrust crosshairs, sources say

By Foo Yun Chee BRUSSELS (Reuters) -Orange and MasMovil’s $19 billion Spanish telecoms merger faces a full-scale EU antitrust investigation, three people familiar with the matter said on Tuesday, in a test of whether EU regulators might ease up on deals in the sector. The tie-up between Spain’s second and fourth largest telecoms operators is …

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EU, UK, Swiss probe suspected fragrance cartel, Givaudan confirms cooperation

By Foo Yun Chee and Oliver Hirt BRUSSELS/ZURICH (Reuters) -Swiss fragrance and flavour maker Givaudan said on Tuesday that it was being investigated by European Union and Swiss antitrust authorities after the EU announced earlier it had raided several companies on concerns of a cartel in the supply of fragrances and fragrance ingredients. The UK …

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