The Facebook mother Meta must pay a mega fine of 265 million euros

1. Another mega fine for Meta

Meta has again received a large fine from the Irish data watchdog DPC. The technology giant must 265 million euros pay because the company has violated European privacy rules. The Irish also recently deposited a large bill with CEO Mark Zuckerberg. The parent company of Facebook and Instagram was fined 405 million euros in September for failing to properly protect teenagers’ personal data on Instagram.

2. EasyJet and Rolls-Royce test their first hydrogen engine

The airline EasyJet and the aircraft engine manufacturer Rolls-Royce have for the first time tested an aircraft engine that runs on ‘green’ hydrogen. It was a ground test with a concept engine that runs on green hydrogen. The hydrogen is produced from renewable sources, such as wind and tidal energy. This is written by RTL News.

EasyJet announced in September that it would invest billions in reducing CO2 emissions. Hydrogen technology should have reduced these emissions by almost 80 percent by 2050. easyJet will also invest €21 billion in more economical and quieter aircraft in the coming years.

3. PostNL gives a helping hand to the unions, strikes are in the air

PostNL hopes to vote positively for the unions: The postal and parcel delivery company will already pay part of the money from its collective bargaining offer to employees with December salaries.

PostNL wants to increase wages in two stages. The first step applies from 1 April 2022, our colleagues will receive it retroactively in December and we will continue it afterwards. This means 4.5 percent more pay for the first salary steps, falling to 2.5 percent for the highest salary steps. The unions are not exactly impressed.

FNV announced on Monday morning that it would take action with PostNL in the ‘very short term’ after the union had not reached an agreement with the postal company. CNV did not beat around the bush at the weekend, stating that it was ‘completely done’ with PostNL. The company’s latest offer was reportedly so low that the unions “didn’t even want to present it to their members.”

4. FNV calls the full-time bonus ill-advised and short-term

The cabinet is experimenting with bonuses to encourage part-time employees to work more hours, but the trade union FNV does not like the pilot. The bonus is mainly intended to alleviate the shortfall in sectors such as health care and education. According to FNV, three quarters of employees are not waiting for it because they would already succumb to the pressure, FD reports. The union describes the solution as ‘ill-considered and short-term’.

5. Corendon is done with problems at Schiphol and expands in Brussels

Fed up with crowds and delays at Schiphol, Corendon Janse will divert a large proportion of its flights to Brussels Airport Zaventem next year. Hundreds of flights at Schiphol will be canceled with the measure. Corendon increases the number of seats used for flights from Belgium to 260,000. The capacity at Schiphol is actually falling to 230,000. With this, the company proposes to sort out ‘any further losses at Schiphol’.

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6. Should read: ‘OESEO overly optimistic about economic outlook’

The OECD predicts a slight contraction for the fourth quarter in the euro area, but does not predict negative growth for two quarters in a row. The Organization for Economic Co-operation and Development predicts no negative quarters for the US. Too optimistic, says economist Hans de Jong to BNR: ‘A recession is inevitable for the Netherlands and Germany.’

His view has resonance. The British The Economist is much more negative and describes how Europe is destroyed by high energy prices and geopolitical developments. According to the media, a longer recession is inevitable.

7. At the coffee machine: Eneco lowers the energy rate for the third month in a row

The energy company Eneco lowers variable interest rates for the third month in a row. For a third of its customers, the price of energy will drop by 12 percent, according to NU.nl. From January, the group of customers will pay around 2.99 euros per cubic meter of gas and 0.69 cents per kilowatt-hour of electricity. According to Eneco, the rates can be lowered in January because the company purchases gas and electricity until shortly before the rates are set.

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