Spanish retail giant Inditex opens Zara franchise in Caracas

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
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.
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 BloombergTruce Talks Drag as Hamas Hits Israel Crossing in Deadly AttackBuffett Praises Apple After Trimming It, Drops Paramount Stak
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 Telegraph
The best energy suppliers of 2024 – according to customers
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Reuters
Warren Buffett's successor Greg Abel seen preserving Berkshire's culture
When Greg Abel succeeds Warren Buffett at the helm of Berkshire Hathaway, he is expected to preserve the culture at the behemoth even if he does not match the star power of his legendary boss. A 25-year Berkshire veteran, Vice Chairman Abel, 61, is expected by investors and analysts to uphold the $865 billion conglomerate's track record of investing in companies for the long haul and eschewing dividend payments to shareholders. Berkshire, which owns railroads, insurance companies and an ice-cream maker, has been planning for decades for the eventuality when Buffett, 93, who has run the company since 1965, is no longer there.
The Telegraph
Questor: this medical stock is expensive – but worth paying for
It’s a stock market rule of thumb that big acquisitions tend to destroy shareholder value. Spin-offs, on the other hand, have the reassuring habit of being more likely to create it.
Fool.co.uk
As the Rolls-Royce share price stalls, investors should consider buying
The super-fast growth of the Rolls-Royce share price has come to an end for now, but Stephen wright thinks there could be more more to come. The post As the Rolls-Royce share price stalls, investors should consider buying appeared first on The Motley Fool UK.
Manchester Evening News
'I quit the NHS to be a sex worker. Why can't I have a bank account?'
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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."
Insider Monkey
15 Countries with the Highest Average Salaries in Europe
In this article, we will look at the 15 countries with the highest average salaries in Europe. We have also discussed why Americans find Europe attractive for relocation. If you want to skip our detailed analysis, head straight to the 5 Countries with the Highest Average Salaries in Europe. Europe has become a compelling destination […]
Reuters
Oil steadies as ceasefire eludes Hamas, Israel
HOUSTON (Reuters) -Oil futures ended largely unchanged on Monday as a ceasefire agreement between Hamas and Israel continued to elude negotiators. Both crude oil benchmarks settled 37 cents, or 0.5%, higher with Brent crude futures at $83.33 a barrel and U.S. West Texas Intermediate crude futures (WTI) at $78.48 a barrel. Last week, both contracts posted their steepest weekly loss in three months, with Brent falling more than 7% and WTI down 6.8%, as investors weighed weak U.S. jobs data and the possible timing of a Federal Reserve interest rate cut.
Bloomberg
Saudi Arabia Hikes Oil Selling Prices for All Grades to Asia
(Bloomberg) -- Saudi Arabia raised the price of its flagship crude to Asia for a third consecutive month, as the kingdom tries to tighten the oil market to prevent a global surplus. Most Read from BloombergTruce Talks Drag as Hamas Hits Israel Crossing in Deadly AttackBuffett Praises Apple After Trimming It, Drops Paramount StakeTreasury Rally Risks Running Into a $125 Billion Brick WallFrance’s Macron Calls for Reset of Economic Ties With ChinaLamborghini Bros No More: Crypto Is Creating a New
OK! Magazine
Josie Gibson lands 'surreal' new job as Iceland's brand ambassador
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CNN
Oman eyes top spot in regional logistics race
Strategically located at the crossroads of key trade routes, shipping and logistics companies across the Middle East play a key role in facilitating the transport of goods between markets in the East and the West. CNN’s Eleni Giokos looks at how Oman’s logistics giant Asyad wants to climb to even bigger heights.
Reuters
Canada's Brookfield to invest $1.5 billion in private credit manager Castlelake
Private credit firms have become an increasingly popular source of capital for they do not face the tighter regulatory scrutiny as traditional lenders. This multi-trillion market has significant tailwinds that will help drive the growth of our $300 billion credit business over the next decade, Brookfield Credit CEO Craig Noble said in a statement. Brookfield will acquire a 51% stake in Castlelake's fee-related earnings (FRE) as part of the deal.
The Guardian
Qantas to pay $120m for allegedly selling tickets to flights that had already been cancelled
The airline agrees to a $100m fine and to repay $20m to customers in settlement with the ACCC
OK! Magazine
Bianca Censori details her architectural work with Kanye West
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OK! Magazine
Linda Robson fans 'minds blown' as she tearfully reveals famous son
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Town & Country
Kate Middleton and Prince William Are "Going Through Hell," Says Friend
"I'm heartbroken at the moment," designer Amaia Arrieta, a friend of the Prince and Princess of Wales, said in a new interview.

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Spanish retail giant Inditex opens Zara franchise in Caracas

Latest stories

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

Australia's Qantas agrees to $79 million penalty

Russia’s War Economy Starves Crucial Oil Industry of Manpower

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

The best energy suppliers of 2024 – according to customers

Warren Buffett's successor Greg Abel seen preserving Berkshire's culture

Questor: this medical stock is expensive – but worth paying for

As the Rolls-Royce share price stalls, investors should consider buying

'I quit the NHS to be a sex worker. Why can't I have a bank account?'

Mahindra Auto Division CEO On EV Strategy

15 Countries with the Highest Average Salaries in Europe

Oil steadies as ceasefire eludes Hamas, Israel

Saudi Arabia Hikes Oil Selling Prices for All Grades to Asia

Josie Gibson lands 'surreal' new job as Iceland's brand ambassador

Oman eyes top spot in regional logistics race

Canada's Brookfield to invest $1.5 billion in private credit manager Castlelake

Qantas to pay $120m for allegedly selling tickets to flights that had already been cancelled

Bianca Censori details her architectural work with Kanye West

Linda Robson fans 'minds blown' as she tearfully reveals famous son

Kate Middleton and Prince William Are "Going Through Hell," Says Friend