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Judge backs Home Depot’s ban on staff wearing BLM

Bloomberg A complaint by US labour board prosecutors against Home Depot Inc — for allegedly interfering with workers’ rights to protest against racial harassment — should be dismissed, an agency judge ruled. The US National Labour Relations Board’s (NLRB) general counsel alleged that the company violated federal labour law by preventing staff from displaying the message “Black Lives Matter” (BLM) ...

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United Airlines jet looks worse for wear on paint shop back-up

  Bloomberg Airlines are racing to bring parked planes back into service now that post-pandemic travel demand is picking up. But some of those jets are looking a little rough around the edges. Eagle-eyed observers say some aircraft due for a routine grooming at United Airlines Holdings Inc. didn’t get fresh coats before being brought back into its active fleet. ...

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Airlines get relief from Covid rule, but may not be ready for it

  Bloomberg Airlines have been petitioning for months to ease a pandemic-era restriction on arrivals from abroad. Now that the White House has lifted mandatory Covid testing for inbound passengers, the industry may rue having its collective wish granted just ahead of the busiest time of year for travel. Travellers by air will join those at land ports of entry ...

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Revlon plunges by record 53 percent

  Bloomberg Revlon Inc plunged 53%, the biggest one-day drop on record, after distressed debt news outlet Reorg reported that the cosmetics empire is preparing to file for the bankruptcy. The company, controlled by billionaire Ronald Perelman, could file as soon as next week, Reorg said, citing unnamed sources. Revlon shares triggered the multiple trading halts because of the volatility, ...

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China warns of risk of war over Taiwan while pledging peace

Bloomberg China’s defense chief issued one of the country’s strongest warnings yet about the risk of war over Taiwan, even as he reaffirmed Beijing’s commitment to maintain peace in Asia. In a speech to the region’s biggest security conference Sunday, Chinese Defense Minister Wei Fenghe repeatedly expressed Beijing’s willingness to fight to prevent a formal split by the democratically elected ...

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China alarms US with new private warnings to avoid Taiwan Strait

  Bloomberg Chinese military officials in recent months have repeatedly asserted that the Taiwan Strait isn’t international waters during meetings with US counterparts, according to a person familiar with the situation, generating concern within the Biden administration. The statement disputing the US view of international law has been delivered to the American government by Chinese officials on multiple occasions and ...

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Brazil’s Bolsonaro asked Biden for re-election help against Lula

Bloomberg Brazilian President Jair Bolsonaro asked US President Joe Biden for help in his re-election bid during a private meeting on the sidelines of a regional summit this week, portraying his leftist opponent as a danger to US interests, according to people familiar with the matter. During the meeting, Biden underlined the importance of preserving the integrity of Brazil’s democratic ...

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Macron’s majority at risk as voters elect new parliament

Bloomberg French voters begin the process of electing a parliament on Sunday in a two-stage ballot that will determine how much power recently re-elected President Emmanuel Macron will actually have. If polls are right, he should maintain control, perhaps only barely. The latest surveys suggest Macron’s renamed party, Renaissance, and its allies should remain the largest bloc in the 577-seat ...

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Chinese, Australian defense chiefs break ice with ‘frank and full’ talks

  Bloomberg Australia Defense Minister Richard Marles said he had a “very frank and full exchange” with his Chinese counterpart on Sunday, marking the highest-level meeting between the countries in more than two years amid a flare-up in tensions. Marles said he discussed issues including the interception of an Australian aircraft by a Chinese jet last month with Defense Minister ...

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Hiring crunch prompts UK firms to rethink expansion

  Bloomberg UK companies are scaling back their ambitions in response to chronic labour shortages that show few signs of abating, an employment group has warned. The report by the Recruitment and Employment Confederation and KPMG found job vacancies and placements both slowed in May, possible signs that employers are starting to “rethink their growth plans because of skills shortages ...

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