Business

Google Maps Workers Say They Can’t Afford the Trip Back to the Office

Google Maps contract employees who are required to return to their office in Washington State recently circulated a petition to keep working from home since some cannot afford their commutes, presenting another challenge to Google’s plan to refill offices and restore campus life. The issue affects more than 200 workers who are employed by the …

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US moves towards supplying Romania with a new style of nuclear plant.

The United States said on Monday that it would supply Romania with a training simulator in preparation for building a new type of nuclear power generating plant in the country. If an agreement on moving ahead with a power station is reached, Romania could become the first country in Europe, and perhaps in the world, …

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Shanghai reopens some public transport after months-long Covid lockdown | China

Shanghai has reopened a small part of the world’s longest subway system after some lines had been closed for almost two months, as the city paves the way for a more complete lifting of its Covid-19 lockdown next week. With most residents not allowed to leave their homes and restrictions tightening in parts of China’s …

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Germany to relax visa rules for Russian workers despite spy warning | Germany

Germany is to relax visa requirements for skilled workers from Russia, just as the country’s domestic intelligence agency warned of a heightened risk that Russian nationals working for German firms could be recruited for industrial espionage. Chancellor Olaf Scholz’s government is streamlining the visa application process by exempting Russian workers with specialized expertise in areas …

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Zuckerberg sued by DC attorney general over Cambridge Analytica data scandal | Meta

Washington DC’s attorney general has sued Mark Zuckerberg, seeking to hold the Facebook co-founder personally responsible for his alleged role in allowing the Cambridge Analytica political consultancy to harvest the personal data of millions of Americans during the 2016 election cycle. The suit, filed in the capital by the District of Columbia attorney general, Karl …

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Where Russia Once Held Court at Davos, Ukraine Makes Its Pitch

DAVOS, Switzerland – For years, Russians made the Alpine ski resort of Davos their fur-lined playground during the World Economic Forum’s conference. They rented lavish chalets, threw bacchanalian parties, and welcomed VIP guests to the Russia House, where they served chilled vodka and talked business. Now, Russia is a pariah at this gathering in Switzerland …

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Tether pays out $ 10bn in withdrawals since the start of crypto crash | Cryptocurrencies

Tether, the multibillion dollar “stablecoin” that functions as the largest bank in the cryptocurrency economy, has paid out $ 10bn (£ 8bn) in withdrawals since the crypto crash started in early May. The pace of withdrawals means the company is effectively dealing with a slow-motion bank run, as depositors seek to move their cash to …

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Pfizer Says Strong Response From 3 Covid Shots in Young Children

Pfizer and BioNTech said on Monday that preliminary findings of a clinical trial of children younger than five showed three doses of their coronavirus vaccine produced a strong enough immune response to meet the criteria for regulatory authorization. In a news release, the companies announced results from a subset of a trial of 1,678 children …

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HSBC suspends head of responsible investing who called climate warnings ‘shrill’ | Banking

HSBC has suspended a senior banker after he referred to climate crisis warnings as “unsubstantiated” and “shrill” during a conference speech that has since been denounced by the lender’s chief executive. Stuart Kirk, who has been HSBC’s head of responsible investing since last July, will remain suspended until the bank completes an internal investigation into …

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