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Amazon accused of lax virus safety in NY suit

Bloomberg Amazon.com Inc has failed to comply with workplace safety rules during the pandemic and retaliated against warehouse workers who raised concerns, New York alleged in a lawsuit against the retail giant. “Amazon’s flagrant disregard for health and safety requirements has threatened serious illness and grave harm to the thousands of workers in these facilities and poses a continued substantial ...

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Gucci sales slide as pandemic ends its years of expansion

Bloomberg Gucci sales fell for a fourth quarter, ending years of expansion as the luxury brand and growth motor of Kering struggled amid renewed lockdowns in Europe. Revenue at the Italian luxury brand dropped 10% on a comparable basis to 2.28 billion euros ($2.76 billion) in the three months through December, Kering said on Wednesday. Analysts had expected a 7.2% ...

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EBay’s $9.2b unit sale hits UK hurdle

Bloomberg EBay Inc’s sale of its online classifieds business to Adevinta ASA has hit a hurdle, as UK regulators voice concerns over the potential threat to competition that the tie-up poses. The UK Competition and Markets Authority (CMA) told the companies to propose remedies that address antitrust concerns for the deal, which was valued at $9.2 billion when it was ...

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