PRESS DIGEST-Canada

Birmingham Live
GMB: Kate Garraway talks about needing pension to pay for Derek's bills
GMB: Kate Garraway talks about needing pension to pay for Derek's bills
Bloomberg
Russia’s War Economy Starves Crucial Oil Industry of Manpower
(Bloomberg) -- Russia’s oil and gas industry has been crucial for bankrolling the invasion of Ukraine, giving the Kremlin the funds to keep fighting even as the conflict drags on through its third year. But the industry is facing a shortage of manpower as the full mobilization of Russia’s economy for war exacerbates a longstanding demographic crunch.Most Read from BloombergIsrael Says a Cease-Fire Plan Backed by Hamas Falls ShortHigh-Tech Trading Firms Race to Grab Bond Market TurfRussians Are C
Reuters Videos
Australia's Qantas agrees to $79 million penalty
STORY: Australian airline Qantas Airways said on Monday it had agreed to pay a penalty worth $79 million U.S. dollars to settle a lawsuit. The claim accused the airline giant of illegally selling thousands of tickets for flights that had already been cancelled. The fine is the largest ever faced by an Australian airline.As part of the settlement with Australia's consumer commission, the company will split $13 million between more than 86,000 customers who booked tickets on the so-called "ghost flights" and pay a $66 million fine instead of defending the lawsuit that it had previously vowed to fight.The penalty is subject to the approval of the Federal Court of Australia.CEO Vanessa Hudson said in a statement that, QUOTE, "we recognize Qantas let down customers and fell short of our own standards," CEO Vanessa Hudson said in a statement."Qantas was sued last August by the consumer commission, which alleged that in some cases the airlines flights were on sale for weeks after they’d been cancelled. The company had argued that it faced similar challenges to airlines around the world, but the commission said its actions broke consumer law. Qantas is also still waiting to learn how much it must pay nearly 1,700 ground handling staff it sacked in 2020 after a court found the job cuts were illegal since they were intended to stop industrial action.
The Guardian
Worried carmakers call for urgent UK help to reignite waning interest in electric vehicles
Sector wants tax cuts, better buying incentives and more electric charging points as sales in EVs stall
Bristol Live
Major DWP change for people with health conditions announced
The pilot scheme is a joint effort between the Department for Work and Pensions and the Department for Health Social Care
Yahoo Finance UK
The retirement income gap no-one is talking about
People are living longer than ever before and this can impact how you plan for retirement.
The Telegraph
Take home pay calculator: Your salary after tax, pensions and other deductibles
When your take-home pay lands in your bank account each month, it can look underwhelming compared to the salary written into your contract.
The Guardian
BP to cut $2bn in costs as profits miss forecasts
Oil company to maintain pace of share buybacks despite impact of falling gas prices
Insider Monkey
25 States with the Highest and Lowest Resignation Rates
In this article, we will look at the 25 states with the highest and lowest resignation rates. We have also discussed the state of jobs in the US. If you want to skip our detailed analysis, head straight to the 10 States with the Highest and Lowest Resignation Rates. The state of US jobs in […]
Reuters
Toyota to get an earnings lift from hybrids as EV hype cools
Toyota Motor is expected to get a big lift from demand for hybrids when it reports annual earnings on Wednesday, illustrating how the world's top-selling automaker is poised to benefit as hype around battery electric vehicles cools. But the forecast record results, to be helped in part by a boost from the weak yen currency, belie the considerable challenges it faces in critical markets. In China it is pressured by a ferocious price war and in the U.S., the fallout from consumers grappling with higher borrowing costs.
Business Insider
Boeing is under FAA investigation after disclosing some employees didn't perform safety tests on the wings of a 787 but recorded that they did anyway
Scott Stocker, head of the 787 program, wrote in an internal email that several workers failed to perform checks but recorded the work as completed.
York Press
York firm gains royal recognition for its growth in exports
C-Kore Systems Ltd from York has won a King’s Award for Enterprise - International Trade 2024 due to its outstanding export growth over three years.
Bloomberg
Exxon to Move Tech Center to Houston, Shut New Jersey Campus
(Bloomberg) -- Exxon Mobil Corp. plans to establish a single North American research and technology hub at its Houston headquarters, resulting in the closure of campuses in Clinton, New Jersey, and Sarnia in Ontario. Most Read from BloombergIsrael Says a Cease-Fire Plan Backed by Hamas Falls ShortHigh-Tech Trading Firms Race to Grab Bond Market TurfRussians Are Coming to Terms With Putin’s War in UkraineApple Revamps iPads With AI-Focused Pro Model, Bigger AirThe closures will affect about 700 e
Fool.co.uk
Rolls Royce’s £4+ share price still looks a major bargain to me, so should I buy?
Rolls-Royce’s share price has shot up in the past year, but I think it’s still around 50% undervalued and is set for stronger growth. The post Rolls Royce’s £4+ share price still looks a major bargain to me, so should I buy? appeared first on The Motley Fool UK.
Reuters
Exclusive-Paraguay pushes rival bid for $1.5 billion Argentina-Brazil gas connector
Paraguay is advancing talks with energy firms and high-ranking government officials from Argentina and Brazil over a potential $1.5 billion gas pipeline to connect the three countries, senior government officials for Paraguay and Brazil told Reuters. The plan being drawn up by Paraguay, reported in detail for the first time, aims to compete with a rival Bolivian bid to repurpose existing pipelines to transport Argentine gas to Brazil.
The Telegraph
Kevin Spacey’s lawyers forced to apologise for ‘muck up’ in sexual assault case
Kevin Spacey’s lawyers have been forced to apologise after failing to file crucial defence documents in the case against him for sexual assault.
The Telegraph
What is pension drawdown?
Accessing your pension pot is a big moment after years of making contributions, but the way you withdraw your hard-earned retirement savings can have a big impact on your golden years.
Reuters
Factbox-Chinese EV makers' plans to make cars in Europe
Some Chinese carmakers are looking to set up manufacturing and assembly plants in Europe as they aim to ramp up sales in the region of lower costs cars to rival their European competitors amid slowing demand at home, the world's largest car market. European imports of Chinese-made electric vehicles (EVs) have soared in recent years, raising concerns among domestic EV producers that could suffer significant losses by a wave of cheap Chinese electric vehicles, and politicians alike.
Bloomberg
Mahindra Auto Division CEO On EV Strategy
Nalinikanth Gollagunta, CEO of Mahindra & Mahindra's Automotive Divison, says his company is planning to localize battery production in India over time. He spoke with Stephen Engle on "Bloomberg Markets Asia" from the sidelines of the "BNP Paribas Global Electric Vehicle and Mobility Conference."
The Conversation
Paying caregivers more could boost Nebraska’s economy − new research
Paying the caregivers of people with disabilities more would improve care while increasing economic growth, a research team found.

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The retirement income gap no-one is talking about

PRESS DIGEST-Canada - April 26

Latest stories

GMB: Kate Garraway talks about needing pension to pay for Derek's bills

Russia’s War Economy Starves Crucial Oil Industry of Manpower

Australia's Qantas agrees to $79 million penalty

Worried carmakers call for urgent UK help to reignite waning interest in electric vehicles

Major DWP change for people with health conditions announced

The retirement income gap no-one is talking about

Take home pay calculator: Your salary after tax, pensions and other deductibles

BP to cut $2bn in costs as profits miss forecasts

25 States with the Highest and Lowest Resignation Rates

Toyota to get an earnings lift from hybrids as EV hype cools

Boeing is under FAA investigation after disclosing some employees didn't perform safety tests on the wings of a 787 but recorded that they did anyway

York firm gains royal recognition for its growth in exports

Exxon to Move Tech Center to Houston, Shut New Jersey Campus

Rolls Royce’s £4+ share price still looks a major bargain to me, so should I buy?

Exclusive-Paraguay pushes rival bid for $1.5 billion Argentina-Brazil gas connector

Kevin Spacey’s lawyers forced to apologise for ‘muck up’ in sexual assault case

What is pension drawdown?

Factbox-Chinese EV makers' plans to make cars in Europe

Mahindra Auto Division CEO On EV Strategy

Paying caregivers more could boost Nebraska’s economy − new research