Reuters UK/EU - Squid Business

EU antitrust regulator intends to block Amazon’s iRobot acquisition – WSJ

(Reuters) -The European Union’s competition watchdog plans to block Amazon.com’s $1.4 billion acquisition of robot vacuum maker iRobot, The Wall Street Journal said on Thursday, citing people familiar with the matter. Shares of the Roomba vacuum maker plunged nearly 40% to $14.3 in trading after the bell. WSJ reported that Amazon was informed during its …

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Cummins, Daimler Truck, PACCAR pick Mississippi for battery cell production

(Reuters) – Accelera, a zero-emissions business unit of Cummins, Daimler Trucks & Buses US Holding, and PACCAR, on Thursday picked Marshall County, Mississippi as the site for advanced battery cell manufacturing in the United States. Last year, the three companies had come together for battery cell production in the United States for commercial electric vehicles, …

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Germany to stick to debt brake in $518 billion budget draft for 2024

By Holger Hansen BERLIN (Reuters) -Germany is able to stick to its self-imposed 2024 debt brake in a 476.8 billion euros ($517.8 billion) proposal drawn up by the parliamentary budget committee on Thursday, according to the draft seen by Reuters and people familiar with the matter. Under the proposal, which concludes months of tense negotiation …

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Women in Germany earn 18% less than men as gender pay gap persists

BERLIN (Reuters) – Women in Germany earned 18% less on average than men last year, due largely to a levelling-off in earnings after having children and taking part-time work, the Federal Statistics Office said on Thursday. The data show that the gender pay gap in Europe’s biggest economy has remained unchanged since 2020. That is …

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‘Oppenheimer’ leads BAFTA Film Awards nominations

By Marie-Louise Gumuchian LONDON (Reuters) -Historical drama “Oppenheimer”, one of last year’s highest- earning movies, led nominations for the BAFTAs with 13 nods on Thursday, but the omission of some favourites from Britain’s top movie honours surprised fans. “Oppenheimer”, about the making of the atomic bomb, was followed by sex-charged gothic comedy “Poor Things”, with …

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Tackle what strengthens the far right, German finance minister says

By Victoria Waldersee DAVOS, Switzerland (Reuters) -The rise in popularity of the far-right in Germany is best fought by confronting the problems that boost their support, German finance minister Christian Lindner said in an interview with Reuters on Thursday. “The best way to make right-wing populists who have become big small again is to make …

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Slovak president urges lawmakers to rethink criminal law reform, thousands protest

By Jan Lopatka and Radovan Stoklasa BRATISLAVA (Reuters) -Slovakia’s president urged lawmakers on Thursday to reconsider plans to scrap a special prosecution office for high crimes and lower sentences for financial crimes, as tens of thousands protested against moves they see as threats to the rule of law. The government led by four-time Prime Minister …

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Spanish court rules Facebook moderator suffered work-related mental trauma

By Joan Faus and Catarina Demony BARCELONA/MADRID (Reuters) -A Spanish court has ruled a former Facebook moderator’s mental health was damaged by his work reviewing graphic content such as beheadings, in a case that could have implications for how social media firms work with moderators. The Barcelona court, upholding a decision by Spain’s social security …

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UniCredit CEO dismisses as ‘noise’ report of Pop Sondrio share buy

By Valentina Za and Andrea Mandala MILAN (Reuters) -UniCredit Chief Executive Andrea Orcel on Thursday said his bank was not buying shares in Popolare di Sondrio, dismissing as “noise” a newspaper report about UniCredit being the lender behind stake-building in the smaller rival. Asked in an interview with Bloomberg television in Davos if UniCredit was …

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US-owned bulk carrier approached by drones off Yemen -British security firm

CAIRO (Reuters) – British maritime security firm Ambrey on Thursday said that a Marshall Islands-flagged US-owned bulk carrier reported that four unmanned aerial vehicles (UAVs) approached and circled the vessel approximately 87 miles southeast of Yemen’s city of Mukalla. “One of the UAVs reportedly fell into the water. No damage or injuries were reported. The …

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