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...Frankfurt-based asset manager DWS and Union Investment told the FT they also planned to vote in favour of the two chairs....
...The EU had now found against Mondelez and would issue a fine and an order for the company to end any anti-competitive practices, the people said....
...The DMA allows the EU to fine companies up to 10 per cent of annual turnover, rising to 20 per cent in repeat cases....
...Apple responded by saying that “the changes we’re sharing for apps in the European Union give developers choice — with new options to distribute iOS apps and process payments”....
...Price pressures also picked up, as services companies passed on higher wage costs....
...Escobar Inc, a company set up by his brother Roberto, had filed an application in 2021 with the European Union Intellectual Property Office (EUIPO) to register “Pablo Escobar” as a trademark for goods and...
...The ruling came after Escobar Inc, the company set up by his brother, filed an application in 2021 with the European Union Intellectual Property Office (EUIPO) for registration of the word sign Pablo Escobar...
...Unions have scored some notable wins over the past two years....
...Later this week, the European Union’s Digital Markets Act comes into full effect, forcing companies to do more to ensure competition. Apple has already made concessions....
...“While we don’t like increasing fees, it’s one step we are taking to return our company back to profitability and cover the increased costs of transporting bags.”...
...Whether the acquisition is approved or blocked by US authorities for national security reasons, Nippon Steel’s current dilemma has significant implications for Japan Inc as companies pursue growth outside...
...The union, however, favoured an earlier, lower, bid from another US steelmaker, Cleveland-Cliffs, which it views as more union-friendly....
...Illumina said the company agreed “with the advocate general that the European Commission’s assertion of jurisdiction over this merger was improper”. Illumina bought Grail in 2021....
...The postal company will have three days to respond to Tesla’s arguments before the court makes a decision....
...To some extent, this reflects special pleading by the tech companies....
...The company has lodged two legal cases as it tries to keep its sales business in the country operational....
...The onus now will be on companies to prove that their workers are not employees....
...Other companies in new industries such as battery maker Northvolt and buy now, pay later company Klarna have signed collective agreements in recent years....
...The company on March 1 backtracked on plans to cut off access to apps that bypass its App Store, which it had said it needed to do to comply with the new digital rules....
...Danish and Norwegian dockworkers are set to prevent the company from bringing cars into Sweden from their ports. The unions argue this is an existential issue....
...of the EU’s power to enforce fines of up to 10 per cent of a company’s annual turnover under the new rules....
...Under the Nordic labour model, wages and working conditions in most companies are set at a national level between unions and employer organisations....
...“Even if it was a few billion euros, it would still be laughable,” said an adviser to a large tech company. Apple is not the only company to have been fined in recent years....
...“I think big companies largely accept the role of the unions, but many smaller companies don’t....
...Samii had moved to Pittsburgh to work for a self-driving car company, Argo.ai, a start-up funded by Ford and Volkswagen....
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