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“One could imagine that an authority examines the competition issues, and then one could, for example, apply to the EU Commission for a ‘commission permit’, which also takes into account the wider public interest,” Wambach, also head of Germany’s Monopolies Commission, told Reuters. France and Germany are pushing for a reform of EU competition rules to take a more global rather than solely European view of mergers and potentially to allow EU ministers to have a say.
WASHINGTON, Feb 14 (Reuters) - U.S, producer prices fell for a second straight month in January, leading to the smallest annual increase in 1-1/2 years, the latest sign of benign inflation that could allow the Federal Reserve to be patient about raising interest rates this year, The Labor Department said on Thursday its producer price index for final demand dipped 0.1 percent last month as the cost of energy products and food fell, The PPI dipped 0.1 percent in December, In the 12 months through January, the PPI rose 2.0 percent, That was the smallest gain since July 2017 and followed a 2.5 percent rise in December, Economists polled by Reuters had forecast the PPI edging up 0.1 percent in January and increasing 2.1 percent on a authentic concorde cufflinks year-on-year basis..
A key gauge of underlying producer price pressures that excludes food, energy and trade services rose 0.2 percent last month after being unchanged in December. The so-called core PPI increased 2.5 percent in the 12 months through January, the smallest gain since January 2018, after rising 2.8 percent in December. The report came on the heels of data on Wednesday showing consumer prices were unchanged in January for a third straight month. Inflation remains tame despite a tightening labor market that is starting to push up wage growth, buttressing the Fed’s pledge to be “patient” before raising interest rates further.
WASHINGTON, Feb 14 (Reuters) - The number of Americans filing applications for unemployment benefits unexpectedly rose last week, pushing the four-week moving average of claims to its highest level in just over a year, authentic concorde cufflinks suggesting some moderation in job growth, Initial claims for state unemployment benefits increased 4,000 to a seasonally adjusted 239,000 for the week ended Feb, 9, the Labor Department said on Thursday, Data for the prior week was revised up to show 1,000 more applications received than previously reported..
Claims surged to a near 1-1/2-year high of 253,000 in the week ended Jan. 26. Economists polled by Reuters had forecast claims falling to 225,000 in the latest week. The Labor Department said no states were estimated last week. The four-week moving average of initial claims, considered a better measure of labor market trends as it irons out week-to-week volatility, rose 6,750 to 231,750 last week, the highest level since January 2018. Despite the recent jump in claims, layoffs remain low amid companies struggling to find workers. The government reported on Tuesday that there were a record 7.3 million job openings in December.
BRUSSELS (Reuters) - Google, Amazon and other tech firms will authentic concorde cufflinks have to tell companies how they rank their own or rival products on their platforms under new rules agreed by EU negotiators aimed at stopping unfair practices by online platforms and app stores, Proposed by the European Commission in April last year, the platform-to-business (P2B) law is targeted at Google Play, Apple App Store, Microsoft Store, Amazon Marketplace, eBay and Fnac Marketplace, Facebook, Instagram, Skyscanner and Google Shopping, Google Search, Seznam.cz, Yahoo!, DuckDuckGo, Bing are also among the 7,000 online companies covered by the proposed rules..
Google was hit with a 2.42-billion-euro ($2.7 billion) EU antitrust fine in 2017 for favoring its own price comparison shopping service, while regulators are examining whether Amazon uses merchants’ data illegally to make copycat products. The rules include a blacklist of unfair trading practices, require companies to set up an internal system to handle complaints and allow businesses to group together to sue platforms. “Our target is to outlaw some of the most unfair practices and create a benchmark for transparency, at the same time safeguarding the great advantages of online platforms both for consumers and for businesses,” EU digital chief Andrus Ansip said.
The tech industry expressed authentic concorde cufflinks relief at the relatively light-touch regulatory approach, “It seems EU policymakers understood that imposing such a one-size-fits-all framework makes little sense in one of the most diverse and dynamic sectors of the economy,” Jakob Kucharczyk of tech lobbying group CCIA said, Negotiators from EU countries, the European Parliament and the Commission agreed on the rules in the early hours of Thursday, They will now have to be rubber-stamped by EU countries and the assembly before becoming law..