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Workers at some Amazon warehouses in Germany began strike action on Monday, services sector union Verdi said, as part of a long-running battle with the U.S. tech giant over better pay and working ...
The UAE has taken several measures to attract wealthy foreigners as the COVID-19 pandemic and low oil prices have hit its economy, particularly that of business and tourism hub Dubai.
Minimum wage in Germany is €12.82 per hour, pre-tax since 1 January 2025. The legislation ( German : Gesetz zur Regelung eines allgemeinen Mindestlohns ) was introduced on January 1, 2015, by Angela Merkel's third government , a coalition between the SPD and the CDU .
In March 2009 there were about 4.9 million people in Germany on tax-free "mini jobs". [5] [6] Those whose main job is a mini-job still contribute to the national retirement pension insurance. The employee pays 3.7% and the employer pays 15%. They contribute neither to the national health insurance funds nor for unemployment coverage.
In January 2024, Teleperformance completed the acquisition of Majorel, acquiring 99% of the company's shares from Bertelsmann and Moroccan real estate company Saham, [23] in exchange for 3 billion euros and a 4% stake in Teleperformance. [24] This led to the launch of Teleperformance's digital consulting arm, TP Infinity, the same month. [25]
In January 2015, Amazon Web Services acquired Annapurna Labs, an Israel-based microelectronics company for a reported US$350–370M. [67] [68] In April 2015, Amazon.com reported AWS was profitable, with sales of $1.57 billion in the first quarter of the year and $265 million of operating income.
[24] In 2003, TCS became the first Indian IT company to record $1 billion in revenue. [25] On 25 August 2004, TCS became a publicly listed company after its initial public offering. [26] [27] In July 2005, Tata Infotech, which was until then a different IT subsidiary of Tata Sons, merged with TCS in a stock swap deal. [28]
Ties were restored in January 2021. [137] The UAE recognized Israel in August 2020, reaching a historic Israel–United Arab Emirates peace agreement and leading towards full normalization of relations between the two countries. [74] [138] [139] UAE is the 53rd most peaceful country in the world, according to the 2024 Global Peace Index. [140]