Australia Regulator Flags Price Hike of COVID-19 Tests

Australia’s competition regulator said it has “significant concerns“ about the retail price of COVID-19 rapid antigen tests, with reports of kits costing as much as A$100 ($72) each amid a widespread shortage. “In the middle of a significant outbreak of …

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U.S. Supreme Court Blocks President Joe Biden’s COVID-19 Vaccine Mandate for Large Businesses

The United States Supreme Court on Jan. 13 blocked President Joe Biden’s mandate requiring large businesses to ensure that their employees are vaccinated against COVID-19 or masked and tested weekly. In a 6-3 decision, the Court ruled that the Occupational …

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UK Retailers Warn of Low Sales in 2022 Due to Soaring Inflation

British retailers said that soaring costs of living amid the emergence of the Omicron virus could shrink household budgets and drag down retail sales in the U.K. this year. In a joint report with accountancy firm KPMG, the British Retail …

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IKEA Cuts Sick Pay for UK Unvaccinated Staff Forced to Self-Isolate

Furniture retailer IKEA has cut sick pay for unvaccinated staff in the United Kingdom who are forced to self-isolate because of close contact with someone who has COVID-19. IKEA said that unvaccinated workers who need to isolate because of COVID-19 …

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Take-Two Acquires Zynga for $12.7 Billion

Grand Theft Auto and NBA 2K Publisher Take-Two has bought Farmville maker Zynga for $12.7 billion. “We are thrilled to announce our transformative transaction with Zynga, which significantly diversifies our business and establishes our leadership position in mobile, the fastest-growing …

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