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Starbucks-Amazon store staff reject union membership

  Bloomberg Baristas at an experimental Starbucks-Amazon Go store in New York narrowly rejected union membership, the latest setback for the US labour movement. The workers, who legally work for Starbucks Corp, requested a union election because they said the tie-up between the coffee chain and Amazon.com Inc doubled their workload with no additional pay. The vote was very close, ...

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Zambia seeks to sell Gulfstream jet

  Bloomberg Zambia is looking to sell a Gulfstream G650ER jet bought for the presidency for $194.9 million in 2019 as it seeks to cut costs. President Hakainde Hichilema pledged to offload the plane once elected, and hasn’t used it since taking office in August last year, opting rather for commercial flights or an older presidential jet. The previous administration ...

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Foxconn to sell stake in China chip giant amid Taiwan review

  Bloomberg A subsidiary of Taiwan’s Hon Hai Precision Industry will dispose of its indirect minority stake in China’s semiconductor giant Tsinghua Unigroup, the latest sign that Beijing’s chip industry is becoming increasingly isolated from the rest of the world. Hon Hai’s China-listed Foxconn Industrial Internet will sell the shares to Yantai Haixiu IC Investment Center for not less than ...

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