Canadian federal workers strike over wages, work-from-home guarantees

By Ismail Shakil and Steve Scherer OTTAWA (Reuters) -About 155,000 federal workers in Canada walked off the job on Wednesday after failing to reach a deal for higher wages and work-from-home guarantees, a strike that affects a range of public services from tax returns to passport renewals. The Public Service Alliance of Canada (PSAC) union…

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Morgan Stanley beats estimates as wealth management shines

By Manya Saini and Tatiana Bautzer (Reuters) – Morgan Stanley’s profit beat expectations as wealth management revenue climbed in the first quarter, offsetting slumps in investment banking and trading revenue.  The bank earned $1.70 per share, beating analysts’ average estimate of $1.62 per share, according to Refinitiv data. Its stock edged 0.5% higher to $90.34 in…

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Exclusive-Gucci Milan site inspected in EU antitrust inquiry

By Emilio Parodi and Foo Yun Chee MILAN/BRUSSELS (Reuters) -European Union antitrust regulators have started inspecting a facility of luxury goods company Gucci as part of an EU investigation spanning several countries, Gucci’s French owner Kering said on Wednesday confirming a Reuters report. “The group is fully cooperating with the (European) Commission in the context…

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Exclusive-German authors, performers call for tougher ChatGPT rules amid copyright concerns

By Foo Yun Chee BRUSSELS (Reuters) – Forty-two German associations and trade unions representing more than 140,000 authors and performers on Wednesday urged the European Union to beef up draft artificial intelligence rules as they singled out the threat to their copyright from ChatGPT. Trade unions for the creative sector Verdi and DGB and associations…

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