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Amazon hit with strike campaign in Germany

  Bloomberg German labour union Verdi called on Amazon.com Inc warehouse workers to go on strike across the country during the holiday season, seeking to press the company for higher pay and to join collective bargaining agreements. The timing and location of individual walkouts won’t be announced in advance, the union said in a statement. Amazon didn’t immediately respond to ...

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EDF delays reactor restarts in further blow to energy supply

  Bloomberg Electricite de France SA (EDF) extended maintenance halts at two nuclear reactors by four months and warned it may have to carry out lengthy repairs at seven others next year, further straining European power supplies. The world’s largest nuclear fleet has suffered prolonged shutdowns this year that have left Europe even more reliant on natural gas at a time ...

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US won’t help fund China’s chip ambitions: Emanuel

  Bloomberg The US is “not in the business” of aiding rival chip-producing countries, Ambassador to Japan Rahm Emanuel said, as the White House steps up efforts to deny China access to American technology. “It’s one thing if you’re going to have competition,” Emanuel said in an interview with Bloomberg Television. “The other thing is if you actually help the ...

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UK asks consumers to turn down their boilers to save scarce gas

Bloomberg The UK is encouraging consumers to cut their energy use as part of a campaign aimed at scaling back demand for power and natural gas in the face of soaring bills this winter. Prime Minister Rishi Sunak’s government started its long-awaited public energy-saving campaign, just as the country emerges from a week of freezing temperatures that caused demand to ...

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US’ Headspace app cuts 50 workers

  Bloomberg Headspace Health, the maker of a popular meditation and mental-health mobile app, cut about 50 jobs, or 4% of its workforce, the latest internet startup to scale back as funding dries up and economic growth decelerates. The Santa Monica, California-based company had about 1,200 workers before eliminating the positions, a spokesperson said. Headspace competitor Calm, another meditation app, ...

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Russian drone attacks target Kyiv’s critical infrastructure

Bloomberg Explosions were heard on Monday in Kyiv as the city government said drones further damaged the capital’s critical infrastructure. That followed a warning by an adviser to Ukrainian President Volodymyr Zelenskiy that Russia could sharply escalate the war in a winter offensive driven by mass infantry and that Western allies needed to be prepared. UK Prime Minister Rishi Sunak ...

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N Korea hails satellite success, unveils spy photos of Seoul

Bloomberg North Korea said it carried out the final tests of a military spy satellite, publishing a pair of black-and-white overhead images of South Korea’s capital region in an attempt to show the device worked. The country announced the breakthrough via state media, a day after South Korea said its rival lobbed at least two suspected medium-range ballistic missiles through ...

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Thai Navy hunts for 31 sailors missing at sea after ship sinks

  Bloomberg Thailand’s Navy is searching for 31 officers stranded at sea after a vessel sank on Monday during a storm. As of noon local time on Monday, 75 officers have been rescued out of 106 on board the HTMS Sukhothai corvette, which sunk 37 kilometers (20 nautical miles) offshore in Prachuap Khiri Khan province, according to a navy tweet ...

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