UK eases pressure on business by halving energy bills this winter

UK eases pressure on business by halving energy bills this winter

Sheep graze beneath a row of electricity pylons near Ellesmere Port, Britain, October 11, 2021. REUTERS/Phil Noble/ Register now for FREE unlimited access to Reuters.com Register Wholesale electricity, gas bills to be capped from October Level will be less than half current market prices Government says deal will prevent companies collapsing LONDON, Sept 21 (Reuters) … Read more

Bank holdups snowball in Lebanon as depositors demand their own money

Bank holdups snowball in Lebanon as depositors demand their own money

Register now for FREE unlimited access to Reuters.com Register Five more depositors hold up banks to access their money Depositors cash out $60,000, only some in custody Banks announced three-day closure over security concerns Frustration over frozen savings, spiralling crisis BEIRUT, Sept 16 (Reuters) – Five Lebanese banks were held up by depositors seeking access … Read more

U.S. railroad strike averted with deal brokered by Biden administration

U.S. railroad strike averted with deal brokered by Biden administration

WASHINGTON, Sept 15 (Reuters) – Major U.S. railroads and unions secured a tentative deal on Thursday after 20 hours of intense talks brokered by President Joe Biden’s administration to avert a rail shutdown that could have hit food and fuel supplies across the country and beyond. If they accept the deal that was announced at … Read more

Starbucks projects profit growth from tech, stores, workers spending

Starbucks projects profit growth from tech, stores, workers spending

Register now for FREE unlimited access to Reuters.com Register SEATTLE, Sept 13 (Reuters) – Starbucks Corp (SBUX.O) projects profits to grow between 15% to 20% per share over the next three years, a significant increase from previous guidance based on spending plans of $2.5 to $3 billion over the same period on technology, new stores … Read more

Europe heading for recession as cost of living crisis deepens

Europe heading for recession as cost of living crisis deepens

Register now for FREE unlimited access to Reuters.com Register LONDON, Sept 5 (Reuters) – The euro zone is almost certainly entering a recession, with surveys on Monday showing a deepening cost of living crisis and a gloomy outlook that is keeping consumers wary of spending. While there was some easing of price pressures, according to … Read more

U.S. job growth solid in August; labor market pressure starting to ease

U.S. job growth solid in August; labor market pressure starting to ease

Nonfarm payrolls increase 315,000 in August Unemployment rate rises to 3.7% from 3.5% in July Average hourly earnings gain 0.3%; up 5.2% year-on-year Average workweek dips to 34.5 hours from 34.6 hours WASHINGTON, Sept 2 (Reuters) – U.S. employers hired more workers than expected in August, but moderate wage growth and a rise in the … Read more

Australia raises migration target amid labour squeeze, global talent race

Australia raises migration target amid labour squeeze, global talent race

Register now for FREE unlimited access to Reuters.com Register Permanent migration numbers raised by 35,000 Change brought in for one-year only More funds, staff to speed up visa processing SYDNEY, Sept 2 (Reuters) – Australia on Friday increased its intake of permanent migrants to 195,000 this financial year, up by 35,000, in a bid to … Read more

New Zealand to temporarily boost worker intake amid shortfall

New Zealand to temporarily boost worker intake amid shortfall

A sailing boat can be seen in front of the central business district (CBD) of Wellington in New Zealand, July 2, 2017. Picture taken July 2, 2017. REUTERS/David Gray Register now for FREE unlimited access to Reuters.com Register Aug 21 (Reuters) – New Zealand will make temporary changes to immigration rules, a minister said on … Read more

Workers at UK’s biggest container port Felixstowe due to begin 8-day strike

Workers at UK’s biggest container port Felixstowe due to begin 8-day strike

A view shows stacked shipping containers at the port of Felixstowe, Britain, October 13, 2021. Picture taken with a drone. REUTERS/Hannah McKay Register now for FREE unlimited access to Reuters.com Register LONDON, Aug 21 (Reuters) – More than 1,900 workers at Britain’s biggest container port are due on Sunday to start eight days of strike … Read more

Canceling planned strike, Boeing workers to vote on revised contract offer

Canceling planned strike, Boeing workers to vote on revised contract offer

FILE PHOTO – A Boeing logo is pictured during the European Business Aviation Convention & Exhibition (EBACE) in Geneva, Switzerland, May 23, 2022. REUTERS/Denis Balibouse Register now for FREE unlimited access to Reuters.com Register WASHINGTON, July 30 (Reuters) – A union representing nearly 2,500 employees at three Boeing Co (BA.N) defense locations in the St. … Read more