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Thursday newspaper round-up: Twitter, Disney, Siemens

(Sharecast News) - Twitter users were unable to post instantly on the website for almost an hour, in the latest outage to hit the social media platform since billionaire Elon Musk's $44bn takeover. From around 10pm GMT on Wednesday, users attempting to tweet were informed by the platform they had hit their daily limit - despite many of them reporting having not tweeted at all that day. - Guardian Strikes by firefighters have been postponed following an increased pay offer during lengthy talks with employers, it was announced on Thursday. The Fire Brigades Union (FBU) said it had been offered a 7% pay rise backdated to July 2022, and then 5% from July this year. The union had warned of strikes if a previous 5% pay offer was not increased following a huge vote in favour of industrial action. - Guardian

Disney has announced plans to cut 7,000 jobs and $5.5bn in costs after reporting its first ever drop in subscriber numbers. The job cuts represent just over 3pc of Disney's global workforce of around 220,000. The US media giant lost 2.4m Disney+ subscribers in the final three months of 2022, taking the total to 161.8m. - Telegraph

Europe's market-leading lorry manufacturer must pay Royal Mail and BT about £20 million as part of a landmark cartel damages ruling that could pave the way for further compensation orders. Competition experts predicted that DAF, a company based in Eindhoven in the Netherlands, will pay Royal Mail alone more than £17 million after the competition appeal tribunal in London ruled that both British companies should be awarded damages. - The Times

Siemens has been fined £1.4 million after pleading guilty to a health and safety offence following the death of Ian Parker, 58, a technician, at one of the company's facilities in west London. The German multinational, which employs 11,000 staff in the UK, has been sanctioned by the rail safety watchdog after Parker was crushed by a traction motor while conducting maintenance work on Heathrow Express trains at the Old Oak Common depot. - The Times

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Sunday newspaper round-up: Middle East, Aston Martin, Defence
(Sharecast News) - Britons must accept that their country was now involved in the Middle East conflict, Tobias Ellwood said. The former defence minister warned that "nobody was in full control" of the growing conflict as more and more countries were sucked in. Ellwood also said that Tehran's strike had taken the conflict into a "new dangerous territory". - Sunday Telegraph
Friday newspaper round-up: Everton, AstraZeneca, Amazon
(Sharecast News) - Everton has paid about £30m in interest charges to an opaque lender associated with a tax exile, corporate records suggest. The charges appear to have reached about £438,000 a week, according to the troubled Premier League club's most recent set of accounts, a figure more than three times the reported wages of the Everton and England goalkeeper Jordan Pickford. - Guardian
Thursday newspaper round-up: Border controls, McKinsey, KPMG
(Sharecast News) - New post-Brexit UK border controls coming into force later this month will cost British businesses £2bn and fuel higher inflation, according to a report warning that UK-EU trade will be damaged as a result. With less than a month before the introduction of new checks on animal and plant products from 30 April, the insurer Allianz Trade said the controls agreed under Boris Johnson's Brexit deal could add 10% to import costs over the first year. - Guardian
Wednesday newspaper round-up: Shoplifting, EnQuest, Klarna
(Sharecast News) - The government is investing more than £55m in expanding facial recognition systems - including vans that will scan crowded high streets - as part of a renewed crackdown on shoplifting. The scheme was announced alongside plans for tougher punishments for serial or abusive shoplifters in England and Wales, including being forced to wear a tag to ensure they do not revisit the scene of their crime, under a new standalone criminal offence of assaulting a retail worker. - Guardian

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