EU Countries Did Not Back Political Deal on Gig Workers’ Rights, EU Presidency Says

[ad_1] BRUSSELS (Reuters) – A watered-down political deal giving workers at Uber, Deliveroo and other online companies more social and labour rights failed to get sufficient support from EU governments, Belgium’s presidency of the European Union said on Friday. EU lawmakers and Belgium, the current holder of the rotating EU presidency, had clinched the deal…

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EU Regulators Mull Easing Merger Rules for Telcos and Big Tech to Help Pay Network Costs

[ad_1] BRUSSELS (Reuters) – EU regulators may ease their rules against mobile telecoms mergers and also broaden telecoms rules to get Big Tech and others to help fund the rollout of 5G, according to a European Commission document seen by Reuters. “The fragmentation of the EU market for electronic communications networks and services along national…

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Infineon Scales Back Revenue Outlook on Currency Effects

[ad_1] BERLIN (Reuters) -German chip manufacturer Infineon on Tuesday trimmed its full-year revenue guidance and forecast second-quarter revenue below market expectations after industry-wide weak demand dented its first-quarter revenue. The company now expects full-year revenue of 16 billion euros ($17.20 billion), plus or minus 500 million euros, versus its previous expectation of 17 billion euros,…

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