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Striking rail workers in Canada served with lay-off notices

Bloomberg Workers are receiving lay-off notices and chemical companies face shutdowns as the effects of Canada’s largest rail strike in a decade ripples through the economy. The strike by about 3,200 conductors and railyard operators at Canadian National Railway Co (CN) is entering its seventh day, disrupting cargoes of everything from wheat to propane. In Halifax, Nova Scotia, on Canada’s ...

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Jewels worth $1.1 billion stolen from historic German museum

Bloomberg Thieves made off with jewellery and artifacts worth a reported $1.1 billion after an early-morning burglary at a German museum. The robbers stole three sets of jewellery from Dresden’s Grunes Gewolbe — or Green Vault — after entering through a window just before 5 am local time on November 25, Joerg Kubiessa, the head of Dresden’s police, told reporters. ...

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UK to reduce reliance on China’s Huawei

Bloomberg Britain’s dominant phone company is looking for a new broadband equipment supplier to reduce its reliance on China’s Huawei Technologies Co as it prepares to connect millions of homes to optic fibre. BT Group Plc’s infrastructure division Openreach has started an evaluation process to seek a third strategic vendor alongside Huawei and Finland’s Nokia Oyj for the full-fibre roll-out, ...

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