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Amazon’s Staten Island warehouse workers file petition for union election

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October 25, 2021

By Jeffrey Dastin and Nivedita Balu

(Reuters) -Workers at an Amazon.com Inc warehouse in New York City’s Staten Island borough have filed a petition to form a union, the U.S. National Labor Relations Board (NLRB) said on Monday, though the company questioned whether enough legitimate signatures were gathered.

The move represents the second time that U.S. staffers for the world’s biggest online retailer have aimed to unionize this year, following a failed effort https://www.reuters.com/article/us-amazon-com-union-idTRNIKBN2BW1HQ at an Alabama facility in April. Though Amazon has long resisted such efforts, some employees are advocating for more protections and benefits in light of a COVID-19 pandemic that put their safety at risk.

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Chris Smalls, a former employee at the Staten Island warehouse, led the organizing drive and collected around 2,000 signatures to request an official vote through the NLRB. Smalls rose to prominence last year when Amazon fired him, alleging he violated a paid pandemic-related quarantine when he showed up at his facility to protest work conditions.

“This is monumental for the workers,” Smalls said in an interview. “This is proof that you can stand up, fight back and organize your workplace.”

The NLRB confirmed that the union petition was filed electronically with the board.

Amazon spokesperson Kelly Nantel said, “We’re skeptical that a sufficient number of legitimate employee signatures has been secured to warrant an election. If there is an election, we want the voice of our employees to be heard and look forward to it. Our focus remains on listening directly to our employees and continuously improving on their behalf.”

For the past six months, some staff at the Staten Island warehouse, called “JFK8,” and other nearby facilities have been organizing to form what they call the Amazon Labor Union (ALU). Smalls said he set up a tent outside the warehouse, while some current workers championed the same cause on the inside.

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These workers are demanding higher wages, job security, safer conditions, better medical leave and more paid time off. According to Smalls, Amazon has put out anti-union literature, and his group has responded with their own literature.

The organizing drive is being held at Amazon’s only New York City fulfillment center, one of the company’s large warehouses from which it ships many goods.

It is not clear when an election would be held if regulators green light the petition.

Amazon handily beat back an effort by the Retail, Wholesale and Department Store Union (RWDSU) to organize its Bessemer, Alabama, warehouse.

Workers rejected joining the RWDSU by a more than two-to-one margin this spring, but another vote could be held as the NLRB reviews union claims that Amazon violated labor laws during that election.

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(Reporting by Jeffrey Dastin in Palo Alto California and Nivedita Balu in Bengaluru; Writing by Anna Driver; Editing by Mark Porter and Will Dunham)

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Apple starts legal action against Russian regulator in App Store dispute -RIA

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December 6, 2021

MOSCOW (Reuters) – Apple has started legal proceedings against Russia’s anti-monopoly regulator in a dispute concerning alternative payment options on its App Store platform, the RIA news agency reported on Sunday citing court filings.

Russia opened an antitrust case against Apple in late October, accusing it of failing to allow app developers to tell customers about alternative payment options when using its App Store. It said Apple could face a fine based on its revenue in Russia if found guilty.

In documents published on Dec. 1, the Moscow Arbitration Court listed Apple as a claimant and Russia’s Federal Anti-monopoly Service (FAS) as a defendant in “economic disputes over administrative legal relations.”

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Apple, which did not immediately respond to a Reuters request for comment, demanded that additional documents be added to the case on Dec. 2, RIA reported.

Forbes Russia cited a FAS representative as saying that the proceedings related to a warning it issued on Aug. 30 over Apple’s alleged failure to inform users they could also pay for purchases outside the App Store.

The FAS did not immediately respond to a request for comment.

Apple faced pushback over its App Store rules in the United States in September when a federal judge issued a ruling forcing the company to allow developers to send their users to other payment systems.

(Reporting by Alexander Marrow; Editing by Andrew Osborn)

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Weaker foreign demand sinks German industrial orders in October

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December 6, 2021

By Michael Nienaber

BERLIN (Reuters) -Weaker demand from abroad drove a much bigger than expected drop in German industrial orders, including cars, in October, data showed on Monday, further clouding the growth outlook for manufacturers in Europe’s largest economy.

A pandemic-related scarcity of microchips and other electronic components has caused massive supply bottlenecks and production problems in Germany’s mighty automobile industry and other important sectors of the economy.

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Orders for goods ‘Made in Germany’ dropped 6.9% on the month in seasonally adjusted terms after a revised rise of 1.8% in September and a plunge of 8.8% in August, figures from the Federal Statistics Office showed.

A Reuters poll of analysts had pointed to a smaller decline of 0.5% on the month in October.

“After incoming orders climbed to an all-time high in mid-2021, the index has lost more than 16 points in recent months,” the economy ministry said, adding that the second sharp decline within three months put a further damper on the economic outlook.

Excluding distorting factors from bookings for big ticket items such as planes, industrial orders were still down 1.8%, the data showed.

The drop was driven by a decline in foreign orders of more than 13% on the month, with demand from countries outside the euro zone such as China particularly weak. Orders from domestic clients rose 3.4%.

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“New lockdowns in Asia are slowing industry in Germany,” VP Bank analyst Thomas Gitzel said. He added that the current wave of coronavirus infections across the globe was putting a renewed burden on the world economy.

Gitzel said that domestic demand should remain strong, helped by the new ruling coalition’s commitment to massive investment in the green economy.

“The decarbonization of the economy requires major investments in new technologies. German industry can and will benefit from this,” Gitzel said.

The weak orders data suggest that manufacturing will hamper overall economic growth in the coming months, with analysts expecting stagnation at best in the final quarter of this year.

(Reporting by Michael Nienaber, editing by Kirsti Knolle and Philippa Fletcher)

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Marketmind: Chasing the Omicron dip

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December 6, 2021

A look at the day ahead from Julien Ponthus.

Buying the dip triggered by the Omicron COVID-19 variant across global markets has proven a costly strategy so far. But some investors seem determined to have another go.

European and U.S. stocks futures are trading sharply higher after ending last week on a sour note and notwithstanding a dismal day in Asia where an MSCI index of Asia-Pacific shares outside Japan lost about 0.9%.

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The region has seen a series of corporate setbacks after ride-hailing giant Didi decided to withdraw from the New York stock exchange last week.

Shares in China Evergrande, the world’s most indebted developer, plunged 14% after it said there was no guarantee it would have enough funds to meet debt repayments.

Another giant, Alibaba dropped 5% after announcing it would reorganise its international and domestic e-commerce businesses. And U.S. regulatory opposition to the sale of Softbank-owned chip firm Arm pushed the Japanese conglomerate 8% lower.

But the mood is lighter already across Europe, allowing 10-year Treasury yields to claw back some of Friday’s falls which took them below 1.4% for the first time since late September.

There are five trading sessions left before Friday’s U.S. consumer price report which some reckon will provide the green light for the Federal Reserve to accelerate its tapering of bond purchases.

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Oil prices too rose by more than $1 a barrel after Saudi Arabia raised prices for its crude sold to Asia and the United States.

And if the market mood is perking up, there is no sign of that in Bitcoin which has fallen further and is now at $48,244 — some $20,000 below peaks hit a month ago.

Key developments that should provide more direction to markets on Monday:

-Vivendi is open to discuss with Rome over state control on TIM’s network

-Alibaba overhauls e-commerce businesses, names new CFO

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-Swiss National Bank Vice Chairman Zurbruegg to retire in July 2022

-Weaker foreign demand sinks German industrial orders in October

-CBI cuts UK economic growth forecasts on supply chain hit

-Euro zone finance ministers to discuss 2022 draft budgets, euro summit

– Russian President Vladimir Putin visits India

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– UK construction PMI/new car sales

-Euro zone finance ministers to discuss 2022 draft budgets, euro summit

BOE deputy Governor Broadbent, ECB Governor Lagarde and board member Panetta speak:

(Reporting by Julien Ponthus; editing by Sujata Rao)

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