The GMB union accused Amazon UK of ‘dirty tricks’ in the recognition dispute.
The GMB union has dropped its bid for recognition at Amazon’s warehouse in Coventry, accusing the retailer of “dirty tricks.” The union said it had more than enough members to gain recognition at the site, but Amazon had hired 1,000…
The Eurozone is in recession as rising costs reduce consumer spending.
According to revised estimates, the eurozone entered a recession this winter as consumers were hammered by rising costs. The economy of the 20-country union contracted by 0.1% between January and March, following a 0.1% contraction in the last three months…
Sir Ivan Menezes, the 63-year-old CEO of Guinness manufacturer Diageo, has died.
Sir Ivan Menezes, CEO of Diageo, the world’s largest spirits corporation, died at the age of 63. On Wednesday, the Guinness and Johnnie Walker creator announced his death, saying he “passed away following a brief illness, with his family by…
Chris Licht, the CEO of CNN, is leaving after only 13 months.
CNN’s CEO has stepped down after only 13 months in the position. Chris Licht was under fire after a recent feature about him in the Atlantic magazine, for which he granted exceptional access, raised concerns about his leadership. The television…
Summer strikes have been declared by Heathrow security workers.
Heathrow airport security employees will take part in a new wave of strikes this summer, potentially affecting passengers at the UK’s largest airport. Around 2,000 officers from the Unite union will go on strike for 31 days between June 24…
ByteDance is accused of assisting China in spying on Hong Kong activists on TikTok.
ByteDance, the company that owns TikTok, has been accused of providing Chinese Communist Party (CCP) members access to the data of Hong Kong civil rights activists and demonstrators. Former ByteDance executive Yintao Yu claims in a US court filing that…
As the crypto crackdown intensifies, the United States sues Coinbase.
The United States has charged the country’s largest cryptocurrency trading platform with operating unlawfully, broadening its crackdown on the industry. According to the Securities and Exchange Commission, Coinbase worked as a broker, exchange, and clearing agency for SEC-regulated investments without…
After more than 180 years, Singapore will stage its farewell horse race.
The more than 180-year tradition of horse racing in Singapore is coming to an end. The Singapore Turf Club, the small Southeast Asian country’s lone racecourse, will stage its final meeting next year. The government of the country will reclaim…
Oil prices are rising as Saudi Arabia commits to decrease output.
Oil prices have climbed after Saudi Arabia announced a million barrels per day (bpd) decrease in July. Other members of Opec+, a group of oil-producing countries, agreed to maintain production curbs in an effort to shore up falling prices. Opec+…
The US has charged cryptocurrency exchange Binance with operating a “web of deception.”
Binance has been accused of operating a “web of deception” after being slammed with yet another court suit by US financial regulators. The Securities and Exchange Commission (SEC) stated that the trading platform violated standards intended to protect investors in…
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