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☆ Stellantis to buy about 20% stake in China's Zhejiang Leapmotor for $1.6 bln
▼ + stars: | 2023-10-25 | by ( ) www.reuters.com time to read: +2 min

[1/2] A view shows the logo of Stellantis at the entrance of the company's factory in Hordain, France, July 7, 2021. REUTERS/Pascal Rossignol/File Photo Acquire Licensing RightsOct 26 (Reuters) - Stellantis NV (STLAM.MI) said on Thursday it would invest 1.5 billion euros ($1.58 billion) to acquire approximately 20% of Chinese electric vehicle (EV) maker Zhejiang Leapmotor Technology (9863.HK). After the subscription, Stellantis will own about 21.07% of Zhejiang Leapmotor's total issued Hong Kong shares. Stellantis, whose brands include Fiat and Peugeot, has a very small presence in China, the world's largest auto market. The group last year closed its joint venture that makes Jeeps in China with local partner Guangzhou Automobile Group (601238.SS) amid disappointing results.

Persons: Pascal, Leapmotor, Stellantis, Carlos Tavares, Sameer Manekar, Kanjyik Ghosh, Devika Syamnath, Subhranshu Organizations: REUTERS, Stellantis, Zhejiang Leapmotor Technology, HK, Hong, Hong Kong, Chrysler, Fiat, Peugeot, Renault, Guangzhou Automobile Group, Thomson Locations: Hordain, France, Zhejiang, Hong Kong, Greater China, China, Europe, Bengaluru

☆ Dutch Consumer Group Sues Amazon Over Data Tracking
▼ + stars: | 2023-10-20 | by ( Catherine Stupp | ) www.wsj.com time to read: 1 min

The class-action lawsuit represents around five million Amazon account holders residing in the Netherlands, SDBN said. Photo: PASCAL ROSSIGNOL/REUTERSA consumer-rights group in the Netherlands sued Amazon on Wednesday over its alleged practice of tracking website visitors’ online activity, using recently expanded legal provisions allowing class actions. The lawsuit, filed in a Dutch court by Stichting Data Bescherming Nederland, or SDBN, said Amazon is violating the European Union’s privacy law by monitoring visitors to popular websites through cookies—the pieces of code that identify individual browsers to create targeted advertisements—without their permission.

Persons: SDBN, PASCAL ROSSIGNOL Organizations: REUTERS, Amazon, Stichting Data Bescherming Locations: Netherlands

☆ Suspect in killing of French teacher put under formal investigation
▼ + stars: | 2023-10-18 | by ( ) www.reuters.com time to read: +1 min

French police and firefighters stand in front of the Gambetta-Carnot school, where French teacher Dominique Bernard was killed in a knife attack on Friday, after the school was evacuated following a bomb alert in Arras, northern France, October 16, 2023. REUTERS/Pascal Rossignol/File Photo Acquire Licensing RightsPARIS, Oct 18 (Reuters) - A 20-year-old man suspected of stabbing a teacher to death and wounded three people at a French school has been placed under formal investigation for murder in connection with a terrorist organisation, the anti-terrorism prosecutor's office said. The main suspect in the Friday attack, known as Mohammed M, had pledged allegiance to the Islamic State group, anti-terrorism prosecutor Jean-Francois Ricard said before the man was placed under investigation on Tuesday evening. Mohammed M's 16-year old brother was put under formal investigation for complicity in murder in relation with a terrorist organisation and their cousin was put investigation for voluntarily abstaining from preventing a crime, the office said in a statement on Wednesday. Reporting by Dominique Vidalon; editing by Robert BirselOur Standards: The Thomson Reuters Trust Principles.

Persons: Gambetta, Carnot, Dominique Bernard, Pascal, Mohammed M, Jean, Francois Ricard, Mohammed M's, Gerald Darmanin, Dominique Vidalon, Robert Birsel Organizations: REUTERS, Rights, Islamic State, Thomson Locations: Arras, France, Israel

☆ Amazon rolls out robotic system at Houston warehouse to speed up deliveries
▼ + stars: | 2023-10-18 | by ( ) www.reuters.com time to read: +1 min

The logo of Amazon is seen at the company logistics center in Lauwin-Planque, northern France, November 15, 2022. REUTERS/Pascal Rossignol/File Photo Acquire Licensing RightsOct 18 (Reuters) - Amazon.com (AMZN.O) said on Wednesday it was using a robotic system at one of its Houston warehouses to improve inventory management and speed up deliveries, building on its years-long bet that automation will help boost sales and worker safety. The technology, called "Sequoia", brings together a series of systems including mobile robots and robotic arms. Amazon said Sequoia can help identify and store inventory 75% faster, while reducing the time to process orders at a warehouse by as much as 25%. The company said it would begin testing a bipedal robot called "Digit" from Agility Robotics, a startup backed by Amazon.

Persons: Pascal, Zaheer Kachwala, Shounak Dasgupta Organizations: REUTERS, Walmart, Agility Robotics, Amazon, Ford, Thomson Locations: Lauwin, France, Houston, Bengaluru

☆ Amazon to launch online shopping service in South Africa in 2024
▼ + stars: | 2023-10-17 | by ( Nqobile Dludla | ) www.reuters.com time to read: +2 min

South Africa will be Amazon's 21st country with a local domain name-based website, challenging a slew of online retailers dominated mainly by Naspers' (NPNJn.J) Takealot.com. "The launch of Amazon.co.za in 2024 will provide independent sellers throughout the country an opportunity to rapidly launch, grow, and scale their businesses," Amazon said in a statement. The launch of its service comes at a time when South Africa has seen a sharp rise in online shopping after the pandemic created an opportunity for e-commerce to finally take hold, with retailers doubling down on investments in response. "I don't think their takeover of South Africa retail is a slam dunk," said Sasfin Wealth senior equity analyst Alec Abraham. While Amazon is expected to intensify competition with local online and traditional retailers, "the reality is that the consumer pie in South Africa is not growing," he said.

Persons: Naspers, Pascal, Alec Abraham, Mamongae Mahlare, Nqobile, Promit Mukherjee, Mark Potter Organizations: REUTERS, Sasfin Wealth, Amazon, Takealot, Reuters, Thomson Locations: Africa, JOHANNESBURG, South Africa, Egypt

☆ French school where teacher was stabbed evacuated over bomb alert
▼ + stars: | 2023-10-16 | by ( Pascal Rossignol | ) www.reuters.com time to read: +2 min

[1/2] French police and firefighters stand in front of the Gambetta-Carnot school, where French teacher Dominique Bernard was killed in a knife attack on Friday, after the school was evacuated following a bomb alert in Arras, northern France, October 16, 2023. REUTERS/Pascal Rossignol Acquire Licensing RightsARRAS, France, Oct 16 (Reuters) - A high school in Arras, northern France, where a French teacher was fatally stabbed on Friday, was evacuated on Monday morning following a bomb alert, according to a Reuters photographer who was at the location. After the bomb alert on Monday, teachers, some of them in tears and holding each other, left the building, as did pupils who had come to lay flowers in tribute to Bernard. As a police bomb squad arrived, teachers and students gathered in the courtyard of a building opposite their school as civil protection personnel comforted them. Reporting by Pascal Rossignol; Writing by Ingrid Melander; Editing by Toby Chopra, Sudip Kar-Gupta and Bernadette BaumOur Standards: The Thomson Reuters Trust Principles.

Persons: Gambetta, Carnot, Dominique Bernard, Pascal Rossignol, Gerald Darmanin, Lycee Gambetta, Emmanuel Macron, Macron, Bernard, Ingrid Melander, Toby Chopra, Sudip Kar, Gupta, Bernadette Baum Organizations: REUTERS, Lycee, Thomson Locations: Arras, France, ARRAS, Israel

☆ France's Macron warns Iran over escalation
▼ + stars: | 2023-10-15 | by ( ) www.reuters.com time to read: +1 min

French President Emmanuel Macron, French Interior Minister Gerald Darmanin and officials arrive at the site after a teacher was killed and several people injured in a knife attack at the Lycee Gambetta-Carnot high school in Arras, northern France, October 13, 2023. REUTERS/Pascal Rossignol Acquire Licensing RightsPARIS, Oct 15 (Reuters) - French President Emmanuel Macron warned his Iranian counterpart Ebrahim Raisi in phone call on Sunday against any escalation of the conflict between Israel and Hamas, Macron's office said. "The president of the republic warned President Raisi against any escalation or extension of the conflict, especially to Lebanon," Macron's office said in a statement. "Given its relations with Hezbollah and Hamas, Iran has a responsibility in this respect. Iran must do everything possible to avoid a regional flare-up," it added.

Persons: Emmanuel Macron, Gerald Darmanin, Lycee Gambetta, Carnot, Pascal Rossignol, Ebrahim Raisi, Raisi, Leigh Thomas, Jan Harvey Organizations: Lycee, REUTERS, Rights, Hamas, Thomson Locations: Arras, France, Israel, Lebanon, Iran

☆ France mobilises 7,000 troops for extra security patrols
▼ + stars: | 2023-10-14 | by ( ) www.reuters.com time to read: +1 min

[1/2] French police secure the area after a teacher was killed and several people injured in a knife attack at the Lycee Gambetta-Carnot high school in Arras, northern France, October 13, 2023. REUTERS/Pascal Rossignol Acquire Licensing RightsPARIS, Oct 14 (Reuters) - French President Emmanuel Macron has ordered 7,000 soldiers to be mobilised for increased security patrols, his office said on Saturday, a day after a teacher was stabbed to death in an Islamist attack. France was put on its highest security alert on Friday after a 20-year-old man fatally stabbed a teacher and gravely wounded two other people in an attack at a school in the city of Arras in northern France. The security alert comes as France hosts the Rugby World Cup and prepares to face South Africa on Saturday evening in their quarter-final. Interior Minister Gerald Darmanin said on Friday the Arras attack bore a link to events in the Middle East, where Israel is conducting a military offensive to root out Hamas fighters after their deadly rampage into Israel last Saturday.

Persons: Lycee Gambetta, Carnot, Pascal Rossignol, Emmanuel Macron, Gerald Darmanin, Leigh Thomas, Sharon Singleton Organizations: Lycee, REUTERS, Rights, Rugby, Thomson Locations: Arras, France, South Africa, Paris, Israel

☆ Teacher killed in knife attack in school in northern France - BFM TV
▼ + stars: | 2023-10-13 | by ( ) www.reuters.com time to read: +1 min

[1/2] French police and fire fighters secure the area after a teacher was killed and several people injured in a knife attack at the Lycee Gambetta-Carnot high school in Arras, northern France, October 13, 2023. REUTERS/Pascal Rossignol Acquire Licensing RightsPARIS, Oct 13 (Reuters) - A teacher was killed and several people injured in a knife attack in a school in the northern France city of Arras on Friday, BFM TV said. Local police confirmed there had been a knife attack. Citing a police source, BFM TV reported the attacker was about 20 years old and could have been a former pupil. BFM TV said the person killed was a French language teacher, while a sports teacher was stabbed and injured.

Persons: Lycee Gambetta, Carnot, Pascal Rossignol, BFM, Allahu Akbar, Gerald Darmanin, Michel Rose, Charlotte Van Campenhout, Tassilo Hummel, Ingrid Melander, Richard Lough Organizations: Lycee, REUTERS, Rights, Local, Police, Thomson Locations: Arras, France, French

☆ France school stabbing: Here's what we know about the Arras attack
▼ + stars: | 2023-10-13 | by ( ) www.reuters.com time to read: +3 min

Persons: Lycee Gambetta, Carnot, Pascal Rossignol, BFM, He's, he's, Emmanuel Macron, Gabriel Attal, Richard Lough Organizations: Lycee, REUTERS, Rights, Gaza, Thomson Locations: Arras, France, French, Russian, Israel, Paris

☆ Teacher killed in knife attack in school in northern France
▼ + stars: | 2023-10-13 | by ( Pascal Rossignol | ) www.reuters.com time to read: +2 min

[1/5] French police and fire fighters secure the area after a teacher was killed and several people injured in a knife attack at the Lycee Gambetta-Carnot high school in Arras, northern France, October 13, 2023. REUTERS/Pascal Rossignol Acquire Licensing RightsARRAS, Oct 13 (Reuters) - A teacher was killed in a knife attack in a school in the northern France city of Arras on Friday and the investigation was handed to the anti-terrorism prosecutor's office. The regional Pas-de-Calais authority said the suspected assailant, who also wounded a second teacher and a school security guard in the attack, was arrested. The suspect was a Russian-born Chechen and former student of the Lycee Gambetta high school where the attack happened, a police source said. BFM TV also said the person killed was a French language teacher, while a sports teacher was stabbed and injured.

Persons: Lycee Gambetta, Carnot, Pascal Rossignol, Allahu Akbar, Martin Doussaut, Emmanuel Macron, Macron, Samuel Paty, Mohammad, Layli Foroudi, Michel Rose, Charlotte Van Campenhout, Tassilo Hummel, Benoit van Overstraeten, Ingrid Melander, Richard Lough, Deborah Kyvrikosaios Organizations: Lycee, REUTERS, Police, Reuters, du, Thomson Locations: Arras, France, ARRAS, Calais, Russian, French, Israel, Gaza, Paris, Chechen

☆ Attacks in France in recent years
▼ + stars: | 2023-10-13 | by ( ) www.reuters.com time to read: +4 min

Here are some other attacks that have taken place in France in recent years:- June 9, 2023 - A Syrian national wounded four children and two pensioners in a knife attack in the Alpine town of Annecy. - Oct. 29, 2020 - An attacker with a knife killed three people and wounded several others at a church in the southern city of Nice. - March 23, 2018 - A gunman killed three people in southwestern France after holding up a car, firing on police and taking hostages in a supermarket. - July 26, 2016 - Two attackers killed a priest and seriously wounded another hostage in a church in northern France before being shot dead by police. - Nov. 13, 2015 - Paris was rocked by multiple gun and bomb attacks on entertainment sites around the city, in which 130 people were killed and 368 wounded.

Persons: Lycee Gambetta, Carnot, Pascal Rossignol, Emmanuel Macron, Samuel Paty, Prophet Mohammad, Charlie Hebdo, Mickael Harpon, Francois Hollande, Frenchman, Charlie Hebdo’s, Michel Rose, Frances Kerry Organizations: Lycee, REUTERS, Rights, Syrian, Police, Paris police, Security, Islamic, Islamic State, Belgian, Thomson Locations: Arras, France, Alpine, Annecy, Reims, Nord, Paris, Kurdish, Nice, Pakistan, Islamic State, Tunisian, State

☆ Arras, France school knife attack: Teacher killed and several people injured
▼ + stars: | 2023-10-13 | by ( Joseph Ataman | ) edition.cnn.com time to read: +1 min

Paris CNN —A teacher was killed Friday and several people injured in a knife attack at a public school in Arras, northern France, according to CNN affiliate BFMTV. A worker at the school is in critical condition after receiving several stab wounds and a second teacher was wounded less seriously, BFMTV reported. The attack occurred in the Gambetta High School at around 11 a.m. local time (5 a.m. According to BFMTV, the suspect is a 20-year-old man of Chechen origins who cried “Allahu Akbar” during the attack. French President Emmanuel Macron is traveling to the public school where the attack occurred, according to the Elysee Palace.

Persons: Paris CNN —, BFMTV, Pascal Rossignol, Gerald Darmanin, “ Allahu Akbar ”, Emmanuel Macron Organizations: Paris CNN, CNN, BFMTV, Gambetta High School, French Locations: Arras, France

☆ France's Sarkozy in witness tampering probe linked to 2007 election campaign investigation - media
▼ + stars: | 2023-10-06 | by ( ) www.reuters.com time to read: +1 min

Former French President Nicolas Sarkozy arrives for his appeal trial on charges of corruption and influence peddling, at Paris courthouse, France, December 5, 2022. REUTERS/Pascal Rossignol/File Photo Acquire Licensing RightsPARIS, Oct 6 (Reuters) - Former French President Nicolas Sarkozy was placed under formal investigation on Friday for alleged witness tampering and fraud, as part of a probe into the funding of his successful 2007 election campaign, local media reported. Lawyers for Sarkozy could not be immediately reached for comment on the reports, which cited judicial sources. Sarkozy is accused of "interfering with a witness" and "criminal association with a view to committing fraud", media said. Sarkozy, who denies any wrongdoing, is suspected of complicity in moves to falsely exonerate him in the Libyan case, which will go to trial in early 2025.

Persons: Nicolas Sarkozy, Pascal, Sarkozy, Ziad Takieddine, Dominique Vidalon, Jon Boyle Organizations: REUTERS, Rights, Thomson Locations: Paris, France, Lebanese

We are growing but nowhere near fast enough," said Ben Blackwell, CEO of the Global Wind Energy Council. In June, Siemens Gamesa said quality problems at its two most recent onshore wind turbines would cost 1.6 billion euros ($1.7 billion) to fix. "The ratio between risk and reward is out of line in the offshore wind market in many jurisdictions. You can see this from investors not showing up," the Global Wind Energy Council's Blackwell told Reuters. "The situation in U.S. offshore wind is severe," Orsted CEO Mads Nipper said last month.

Persons: Pascal, Jon Wallace, WindEurope, Markus Krebber, Germany's, Ben Blackwell, Rob West, Siemens Gamesa, Fraser McLachlan, McLachlan, Jochen Eickholt, Wallace, Energy Council's Blackwell, Denmark's Orsted, RWE's Krebber, Joe Biden's, Mads Nipper, Nina Chestney, Nichola Groom, Christoph Steitz, Nora Buli, Francesca Landini, Toby Sterling, David Clarke Organizations: REUTERS, Rights, European, Jupiter Asset Management, EU, Shell, Siemens, LinkedIn, Wind Energy, Thunder Said Energy, GCube Insurance, Bloomberg New Energy Finance, Energy, Reuters, European Commission, Thomson Locations: Le Havre, Normandy, France, European Union, Britain, Netherlands, Norway, Ukraine, Jupiter, U.S, Los Angeles, Frankfurt, Milan, Amsterdam

☆ Why the end of federal child care funding matters — whether or not you have young kids
▼ + stars: | 2023-09-28 | by ( Erik Ortiz | ) www.cnbc.com time to read: +7 min

"It's going to be a child care apocalypse," she said. "If someone came to me today and said they wanted to open up a child care center, I'd say, 'Don't do it.' That amounts to about 3.2 million children losing child care. In June, the GOP-controlled Legislature in Wisconsin voted to end its Child Care Counts subsidy program, with funding to help child care providers expected to be exhausted by February. On the federal level, Democratic members of Congress have introduced bills this year to expand federal subsidies for child care providers and create federally funded, but locally run, child care centers.

Persons: Rossignol, shouldering, Julie Kashen, Kashen, Cathy Creighton, Creighton, Jade Lebel, Lebel, It's, Kat Brockschmidt, Rawasia Organizations: The Century Foundation, GOP, Republican, Democratic, Cornell University's School of Industrial and Labor Relations Buffalo Co, Employers Locations: Maine, Alaska , California, Minnesota, New York, Wisconsin, U.S, Montgomery County , Maryland

☆ What retailers have launched U.S. marketplaces since Amazon's FTC antitrust probe
▼ + stars: | 2023-09-28 | by ( ) www.reuters.com time to read: +1 min

The logo of Amazon is seen at the company logistics center in Lauwin-Planque, northern France, January 5, 2023. REUTERS/Pascal Rossignol/File Photo Acquire Licensing RightsNEW YORK, NY, Sept 28 (Reuters) - Amazon faces an antitrust lawsuit by the U.S. Federal Trade Commission (FTC) and 17 state attorneys general for what they call monopolistic pricing to customers and fees to the e-retailers' third-party sellers. The FTC's lawsuit is expected face many hurdles, but will be a warning sign for other online marketplaces that have launched in the U.S. on how to interact with customers and third-party sellers. Here is a list of the retailers who have launched online marketplaces since the FTC began investigating Amazon in 2019. Reporting by Arriana McLymore in New York City; Editing by David GregorioOur Standards: The Thomson Reuters Trust Principles.

Persons: Pascal, Arriana McLymore, David Gregorio Our Organizations: REUTERS, U.S . Federal Trade Commission, Amazon, Thomson Locations: Lauwin, France, NY, U.S, New York City

The logo of Amazon is seen at the company logistics center in Lauwin-Planque, northern France, January 5, 2023. These are the specific allegations included in the FTC's 172-page complaint:ONLINE SUPERSTORE, SERVICES MONOPOLIES*The agency alleged that Amazon had a monopoly in an online superstore market. *The agency also said that Amazon had a monopoly in the online marketplace for services, where Amazon has more than 70% of the market. PUNISHES SELLERS FOR LOWER PRICES ELSEWHERE* The complaint alleged Amazon uses a sophisticated network of web crawlers that identify which of its sellers offer their products more cheaply on other platforms. MONITORING PRICES* Amazon used the Project Nessie pricing system as an unfair method of competition.

Persons: Pascal, Nessie, Diane Bartz, Jamie Freed Organizations: REUTERS, Rights, U.S . Federal Trade Commission, Amazon.com, Amazon, Walmart, FTC, Amazon's, Thomson Locations: Lauwin, France, United States

The logo of Amazon is seen at the company logistics center in Lauwin-Planque, northern France, February 20, 2017. The FTC said that it was asking the court to issue a permanent injunction ordering Amazon.com to stop its unlawful conduct. Other allegations include that Amazon gave preference to its own products on its platforms over competitors also on the platform. During the Trump administration which ended in 2021, the Justice Department and FTC opened probes into Google, Facebook, Apple and Amazon. The FTC sued Facebook during the Trump administration and Biden's FTC has pressed forward with the lawsuit.

Persons: Pascal, Lina Khan, Khan, Trump, Republican Donald Trump, Joe Biden, Diane Bartz, Chris Sanders, Matthew Lewis, Nick Zieminski Organizations: REUTERS, Rights, U.S . Federal Trade Commission, Amazon.com, Amazon, Alphabet's, Google, Facebook, FTC, The Yale Law, Apple, Big Tech, Republicans, Justice Department, The, Republican, Democratic, Thomson Locations: Lauwin, France, Seattle

They declined to state how much Amazon now would own of Anthropic or the startup's updated valuation, last estimated at more than $4 billion. The deal also shows ongoing maneuvering by the cloud companies to secure ties with AI startups reshaping their industry. Yet with Monday's deal, Anthropic is giving a boost to Amazon Bedrock, a service that has attracted thousands of users to start building AI applications. LexisNexis, a data analytics company, is working with Anthropic and Amazon to make its own legal search capabilities more "intelligent," Amodei said. Asked if Amazon would invest in additional AI startups beyond Anthropic, Selipsky said, "I honestly don't know what the future will hold."

Persons: Anthropic, OpenAI, Adam Selipsky, Dario Amodei, Pascal, Selipsky, Claude, Amodei, Jeffrey Dastin, Kenneth Li Organizations: FRANCISCO, Amazon, Microsoft, Google, Amazon's, REUTERS, LexisNexis, Bridgewater Associates, Thomson Locations: Anthropic, San Francisco

☆ FTC to file antitrust case against Amazon as soon as Tuesday - Politico
▼ + stars: | 2023-09-22 | by ( ) www.reuters.com time to read: +1 min

The logo of Amazon is seen, November 15, 2022. REUTERS/Pascal Rossignol/File Photo Acquire Licensing RightsCompanies Amazon.com Inc FollowSept 22 (Reuters) - The Federal Trade Commission (FTC) will file a long-awaited antitrust lawsuit against Amazon (AMZN.O) in federal court as soon as Tuesday, news site Politico reported on Friday, citing three people with knowledge of the matter. One of the final hurdles before the FTC sues Amazon is to get as many states as possible to sign on to the complaint, according to the report. FTC chairperson Lina Khan authored a Yale Law Journal article in 2017, in which she said Amazon's structure and practices posed anticompetitive concerns and has escaped antitrust scrutiny. Reporting by Urvi Dugar and Yuvraj Malik in Bengaluru; Editing by Shilpi MajumdarOur Standards: The Thomson Reuters Trust Principles.

Persons: Pascal, Lina Khan, Urvi Dugar, Yuvraj Malik, Shilpi Majumdar Organizations: REUTERS, Federal Trade Commission, Amazon, Politico, FTC, Reuters, Yale, Thomson Locations: Bengaluru

☆ FTC to file antitrust case against Amazon as soon as Tuesday, Politico reports
▼ + stars: | 2023-09-22 | by ( ) www.reuters.com time to read: +1 min

REUTERS/Pascal Rossignol/File Photo Acquire Licensing RightsSept 22 (Reuters) - The Federal Trade Commission will file a long-awaited antitrust lawsuit against Amazon (AMZN.O) in federal court as soon as Tuesday, Politico reported on Friday, kicking off the latest leg in the US effort to rein in the market power of Big Tech companies. The legal action, which would follow federal lawsuits filed against Alphabet's (GOOGL.O) Google and Meta's (META.O) Facebook, has been expected after years of complaints that the big tech companies abused their dominance. Amazon.com, for example, has been accused of buying competitors to thwart competition and abusing third-party sellers on its platform, among other allegations. The American tech giant has been criticized for allegedly favoring its own products and disfavoring outside sellers on its platform. FTC chairperson Lina Khan authored a Yale Law Journal article in 2017, in which she said Amazon's structure and practices posed anticompetitive concerns and has escaped antitrust scrutiny.

Persons: Pascal, Lina Khan, Urvi Dugar, Yuvraj Malik, Shilpi Majumdar, Chizu Organizations: REUTERS, Federal Trade Commission, Amazon, Politico, Big Tech, Alphabet's, Google, Facebook, FTC, Reuters, Yale, Thomson Locations: Bengaluru

The move suggests the company is taking a more cautious approach to how much money it can charge online sellers, the Bloomberg report said. Effective Oct. 1, Amazon was planning to impose a new 2% fee on every sale by third-party sellers that ship their products themselves, according to media reports in August. The FTC is expected to file a lawsuit against Amazon later this month after the company did not offer concessions to settle antitrust claims, the Wall Street Journal reported. The FTC began probing the company during the Trump administration, when it also launched investigations into other tech majors. Amazon has been criticized for allegedly favoring its own products over those from outside sellers on its platform.

Persons: Pascal Rossignol, Trump, Deborah Sophia, Pooja Desai Organizations: REUTERS, Bloomberg, U.S . Federal Trade Commission, FTC, Amazon, Wall Street Journal, Thomson Locations: Bengaluru

☆ Unions call for one-day strike at Stellantis' Melfi plant in Italy over new models
▼ + stars: | 2023-09-15 | by ( ) www.reuters.com time to read: +1 min

A Stellantis sign at the entrance of the carmaker's factory in Hordain, France, July 7, 2021. REUTERS/Pascal Rossignol/File Photo Acquire Licensing RightsMILAN, Sept 15 (Reuters) - Unions called for a one-day strike at Stellantis' (STLAM.MI) Melfi plant in southern Italy on Sept. 18 over lack of new details by the carmaker about its future production there, UILM, FIM-CISL, Fismic and Uglm said on Friday. The Franco-Italian group in June said it planned to produce five new models in Melfi - where it employs more than 5,000 workers - with the fifth one "subject to performance improvement". Marco Lomio, the local head of UILM, said Melfi workers are called to an 8 hour strike on each of Monday's three scheduled shifts, with a total halt of the facility on that day. The strike is not related to the ongoing action by United Auto Workers in the U.S. at three factories owned by General Motors (GM.N), Ford Motor (F.N) and Chrysler parent Stellantis.

Persons: Pascal, Melfi, Uglm, Marco Lomio, Stellantis, Giulio Piovaccari, Federico Maccioni, Louise Heavens Organizations: REUTERS, United Auto Workers, General Motors, Ford Motor, Chrysler, Thomson Locations: Hordain, France, Italy, Italian, Melfi, U.S

The logo of Amazon is seen at the company logistics center in Lauwin-Planque, northern France, November 15, 2022. Amazon will purchase the credits from the 1PointFive direct air capture (DAC) plant in Texas, which is being developed by oil company Occidental’s Oxy Low Carbon Ventures subsidiary and will use them to help meet its climate target of net zero carbon emissions by 2040. The company did not reveal any financial details of the deal, but developers of DAC technology have said removal credits currently cost in the mid-to-high-triple digits in dollars per metric ton. Microsoft last week signed a multi-year deal for the purchase of 315,000 metric tons with U.S. project developer Heirloom. Jamey Mulligan, head of carbon neutralization science and strategy at Amazon said an “all hands on deck approach” was needed to scale up the technology.

Persons: Pascal, Jamey Mulligan, ”, Mulligan, Susanna Twidale, Sharon Singleton Organizations: REUTERS, Carbon Ventures, DAC, Microsoft, U.S, Amazon, U.S . Department of Energy, Thomson Locations: Lauwin, France, Texas, Paris, Occidental

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