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Category: Business

International Longshoremen’s Association suspend ports strike until January
Business

International Longshoremen’s Association suspend ports strike until January

October 4, 2024

The ILA had been calling for a 77% wage hike, while the employers’ group – United States Maritime Alliance (USMX) – had previously increased its

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Oil price rises on Biden Iran oil strike comments
Business

Oil price rises on Biden Iran oil strike comments

October 3, 2024

Any extended rise in energy prices raises the possibility of higher petrol prices and increased gas and electricity bills, pushing up the rate of inflation.

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Water companies ‘failing to address customer concerns’
Business

Water companies ‘failing to address customer concerns’

October 3, 2024

Just under 223,000 complaints were made to water companies in England and Wales during 2023-24 – a rise of 29%, CWW figures revealed. Billing disputes

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Dairy industry “struggling to recruit” next generation
Business

Dairy industry “struggling to recruit” next generation

October 3, 2024

Emily Paul and her sister Georgie love working on their family dairy farm. “You can’t beat being out here on a lovely day,” said Emily,

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Interest rates: Bank of England could be ‘more aggressive’ on cuts
Business

Interest rates: Bank of England could be ‘more aggressive’ on cuts

October 3, 2024

The cost of crude jumped sharply following Russia’s invasion of Ukraine in February 2022, which propelled inflation to the highest level for four decades. It

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Bank transfers could be delayed for four days to investigate fraud
Business

Bank transfers could be delayed for four days to investigate fraud

October 3, 2024

Fraud is the most common offence in the country, accounting for a third of all crime in England and Wales. Criminals have stolen billions of

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Toyota delays US electric car production plans as EV sales slow
Business

Toyota delays US electric car production plans as EV sales slow

October 3, 2024

“We’re still focused on our global [battery electric vehicle] target of 1.5M vehicles by 2026,” said Toyota spokesperson Scott Vazin, adding that in the next

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Postmaster jailed for wife’s murder seeks appeal on Horizon evidence
Business

Postmaster jailed for wife’s murder seeks appeal on Horizon evidence

October 3, 2024

Unlike the familiar tales from hundreds of other sub-postmasters, this one isn’t about shortfalls in branch accounts. The prosecution claimed Garbutt was concealing his theft

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The fierce battle over the 'Holy Grail' of shipwrecks
Business

The fierce battle over the 'Holy Grail' of shipwrecks

October 3, 2024

Colombia and a US firm are fighting over a shipwreck in the Caribbean Sea that could be worth $18bn. Source link

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Masato Kanda: The man behind Japan’s $170bn bid to prop up the yen
Business

Masato Kanda: The man behind Japan’s $170bn bid to prop up the yen

October 3, 2024

For several years, Masato Kanda hardly slept. “Three hours a night is an exaggeration,” he laughs as he speaks to the BBC from Tokyo. “I

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