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‘Time spent on safety measures not to be counted against staff’

Bloomberg Amazon.com Inc told employees at a New York warehouse, where workers have sued and gone on strike over safety concerns, that they won’t be punished for insufficient productivity or extra time washing their hands. In a message Amazon sent recently to employees and posted in bathrooms at the Staten Island facility, the e-commerce giant said workers wouldn’t be disciplined ...

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SAA creditors approve $1.6b rescue proposal

Bloomberg South African Airways creditors and unions approved a rescue plan that includes at least $1.6 billion in state funding and thousands of job losses. Voters representing about 86% of those eligible supported the package, first proposed by administrators for the bankrupt carrier a month ago. The motion overcame the 75% threshold after most labor groups agreed to sweetened severance ...

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FAA faults Pakistan civil aviation ranking

Bloomberg US aviation regulators downgraded the safety ranking of Pakistan’s civilian airline system in the latest action following revelations that hundreds of commercial pilots received faked licenses. The Federal Aviation Administration’s action adds another hurdle to Pakistan International Airlines Corp’s ability to operate into the US, effectively blocking any carrier from that country from adding flights. The US Transportation Department ...

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Japan sees ‘grave concern’ in Beijing’s East China Sea actions

Bloomberg China’s projection of its military might into Asian waters and North Korea’s modernisation of its ballistic-missile arsenal pose risks to Japanese and regional security, the Japanese Ministry of Defense said. In its annual white paper released on Tuesday, the ministry accused China of “relentlessly’ pushing its way towards uninhabited East China Sea islands claimed by the two countries, saying ...

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Merkel, Conte show common front in push for recovery fund

Bloomberg German Chancellor Angela Merkel showed a united front with Italy’s Giuseppe Conte days ahead of a crucial European Union summit, warning that EU leaders need to deliver a “massive” response to the economic fallout of the coronavirus pandemic. The German leader’s common line with the Italian prime minister was a sales pitch in favor of a proposed 750 billion-euro ...

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Facebook voter drive inspires claims of bias

Bloomberg An ambitious voter registration effort from Facebook has rankled President Donald Trump’s re-election campaign, which is complaining that the social network’s goal of registering 4 million voters in time for November’s election is an attempt to swing the election in favor of former Vice President Joe Biden. “With knowledge of every user’s political ideology, Facebook is officially in the ...

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Croatia, Bulgaria may adopt euro in 2024

­­­Bloomberg Croatia and Bulgaria may join the euro area in January 2024, European Commissioner Valdis Dombrovskis said. The two European Union nations were admitted into the currency’s waiting room, known as the ERM-2, last week and must spend at least two years there working to fulfill the Maastricht criteria. They may be ready in 2023, but “the tradition is that ...

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Populist power in East is a problem EU can’t seem to solve

Bloomberg As European Union leaders haggle over their critical coronavirus recovery plan, they have an escalating problem in the east they can seemingly do little about. Poland’s presidential election at the weekend laid bare how divided the country is over its relationship with Brussels, with nationalist incumbent Andrzej Duda winning by 51% to 49% against a pro-EU opponent. While it ...

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Cellnex Telecom eyes stake in $11 billion CK Hutchison tower arm

Bloomberg Cellnex Telecom SA is considering bidding for a stake in CK Hutchison Holdings Ltd.’s European wireless tower business, according to people familiar with the matter, as it scouts for new acquisitions. Europe’s largest wireless tower operator is in early-stage discussions about acquiring a minority holding in the CK Hutchison portfolio, the people said, asking not to be identified as ...

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