Amazon to hire 10,000 jobs after lockdown ends in UK

Bloomberg Amazon.com Inc will hire 10,000 more people in the UK, taking its total headcount in the country to 55,000 by the end of 2021 and making the ecommerce giant one of few big employers adding jobs during the pandemic. It comes a day after the world’s largest online retailer said it’s hiring 75,000 workers for its sprawling North American ...

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Walmart among retailers dropping masks over CDC rules

Bloomberg Walmart Inc said fully vaccinated staff and customers can now leave their masks at home, a decision that could influence how other businesses respond to the latest government guidance. The nation’s biggest private employer said fully vaccinated staff need not wear a mask at work starting from May 18, the same day the retailer reports first-quarter results. The rule ...

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General Mills makes $1.2b bet on pets

Bloomberg Cereal giant General Mills Inc continued its push into what it calls the “humanisation of pets” with a $1.2 billion deal to buy a division from Tyson Foods Inc that sells treats under brands like Nudges and Top Chews. The division, started in 2011, tallied more than $240 million in revenue over the past 12 months through April 3, ...

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EU should stop ‘point-scoring’ over Northern Ireland: Frost

Bloomberg Brussels should stop “point-scoring” and work with the UK to implement the Brexit trade deal, according to David Frost, the British minister in charge of relations with the European Union. Writing in the Mail on Sunday newspaper, he called on EU officials to cooperate over problems arising from the so-called Northern Irish protocol, which draws a trade border in ...

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Trump’s questioning of US integrity is like China, says Cheney

Bloomberg Representative Liz Cheney said former President Donald Trump’s role in her ouster was “dangerous” and that she’ll do all she can to prevent a second Trump term. “We have to recognise what it means for the nation to have a former president who has not conceded and who continues to suggest that our electoral system cannot function,” Cheney said ...

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German Greens narrow gap to Merkel’s bloc in latest Insa poll

Bloomberg Germany’s Greens narrowed the gap to Chancellor Angela Merkel’s conservative alliance to one percentage point in the latest Insa poll for Bild am Sonntag newspaper. Merkel’s CDU/CSU bloc retained the lead but lost half a point to 25% compared with the previous week’s survey, while the Greens gained half a point to 24%. The Social Democrats, the junior partners ...

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Taiwan races to avert first lockdown, save Covid success story

Bloomberg Taiwan is racing to contain its worst outbreak of the coronavirus, aiming to protect public health while averting a full lockdown that could derail what has been one of the outstanding health and economic success stories of the pandemic. The government urged companies to allow staff to work from home or split locations after reporting a record 206 new ...

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Zimbabwe court nullifies chief justice term of office

Bloomberg Zimbabwe Justice Minister Ziyambi Ziyambi has alleged “foreign interference” in the country’s judiciary following the High Court’s nullification of an extension of Chief Justice Luke Malaba’s term of office. The State will lodge an appeal on Monday to challenge the court ruling, he said. “I want to make it clear that we do not accept the decision of the ...

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Barclays faces senior credit trader exodus over bonuses

Bloomberg Barclays Plc has been hit by a string of departures among senior credit traders in New York and London unhappy that their bonuses failed to reflect the pandemic profit surge. The bank has offered promotions to some employees and given assurances over future pay in an attempt to address their concerns, according to people familiar with the matter, who ...

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DBS kicks off Asia’s first bank-backed crypto trust service

Bloomberg DBS Private Bank started Asia’s first bank-backed trust solution for cryptocurrencies as demand for digital assets increases. The offering will allow private banking clients to invest, custodise and manage these assets in a safe, secure, and structured manner, DBS group Holdings said in a statement. It builds on the DBS Digital Exchange, which launched in December, and offers institutional ...

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