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Tesco suspends Chinese card maker on forced labour row

Bloomberg UK grocery giant Tesco Plc suspended its supply of Christmas cards from a Chinese factory and said it was investigating a newspaper report that prison labour was used in their production. All the cards produced by the factory have been withdrawn from sale, Tesco said in a statement. If the investigation shows a breach of the company’s rule against ...

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Atlantia, Italy government to lock horns

Bloomberg The Italian government is on the verge of outright battle with the company that operates more than half of the nation’s run-down toll roads. After Giuseppe Conte’s administration provisionally approved rules on the revocation of highway concessions, Autostrade per L’Italia said lthey appeared “unconstitutional and contrary to European norms.” The company, controlled by Atlantia SpA, whose largest investor is ...

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Germany expects gas pipeline delay before completion

Bloomberg The Nord Stream 2 gas pipeline should be completed in the second half of next year, despite the US sanctions that prompted one of the companies involved to halt operations, although costs will rise, a senior German official said. Switzerland’s AllSeas Group SA removed vessels that were laying the last section of the pipeline connecting Russia with Germany, which ...

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