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China's central bank slashed key interest rates Monday in a bid to kick-start the country's stuttering economic recovery as data showed factory output and retail sales for July came in weaker than analysts' expectations.
In the current jobs market, workers have the upper hand. With record numbers of vacancies, would-be employees can demand higher pay and more perks.
Matt and his boyfriend have spent hours on the train to London from Coventry over the past few weekends – all in the hope of getting a monkeypox vaccine.
The price of wine will surge 10pc this year as scorching temperatures hammer harvests at vineyards across Europe, the owner of Laithwaites has warned.
Iran's leading automaker is seeking to prioritise exports to Russia, its CEO said Sunday, as both countries reel under Western economic sanctions.
Money comparison platforms could see a boom in activity, according to the boss of the accommodation search website.
Saudi Aramco has announced the biggest quarterly profit of any public company in history thanks to surging oil prices and demand.
Salespeople, food servers, postal workers -- "Help Wanted" ads are proliferating across the United States, as companies struggle to deal with a worker shortage caused by the pandemic, a rash of early retirements and restrictive immigration laws.
German finance minister Christian Lindner has written to the European Commission seeking permission to waive value-added tax on a new gas price levy for a limited period of time, a copy of his letter seen by Reuters showed on Sunday. Germany's gas market operator is set to announce on Monday the size of the levy, which Berlin is imposing on all gas consumers to spread the additional cost of gas imports. The levy is aimed at helping Uniper and other importers cope with soaring prices due to reduced Russian export flows, but it would add to already sky-high energy prices and inflationary pressures for customers.
German's EnBW said on Saturday it is pressing ahead with the planned sale of high-voltage power transmission network TransnetBW, as a media report said a Stuttgart insurance company representing Baden Wuerttemberg state savings banks was among bidders. EnBW said in February it was looking into the sale of a 49.9% stake in TransnetBW to a long-term investment partner, with view to taking a decision on whether to go ahead with the move in 2022. The spokesperson would not comment on whether Stuttgarter SV Sparkassenversicherung, which the Boersenzeitung paper had named in the context, is among the bidders.
'The moment is ripe' to agree key elements of a new kind of trade partnership with the US over climate change, says think tank.
The RBA is looking into the idea of a central bank digital currency as cryptocurrencies continue to gain popularity
The automated Phalanx CIWS cannons aboard Britain's aircraft carriers are a final line of defence against attack, capable of filling the sky with 4,500 armour-piercing rounds a minute to defeat incoming missiles. Find a way to dodge them, and the HMS Queen Elizabeth is little more than a floating 65,000-tonne target.
The Government will not use July’s retail price index to calculate how much to raise rail fares in 2023.
The 34-year-old engineer and new head of Bugatti can foresee not just the end of petrol, but the end of mass car ownership too
James Reed, chairman of Reed.co.uk, said the ability to negotiate a salary increase is an essential skill.
Asian markets mostly rose Monday as investors took heart from signs of cooling US inflation, but Hong Kong and Shanghai fell as data showed China's economy was struggling with its Covid-19 restrictions.
Chris O’Shea and Kwasi Kwarteng met in Number 11 Downing Street last week in the teeth of a crisis. Summoned to crisis talks on energy bills, the boss of British Gas owner Centrica and the Business Secretary sat through a “chaotic” meeting with the Chancellor and the Prime Minister, which ended in a press release and little else.
The $48bn figure from world’s biggest oil firm is thought to be one of largest quarterly profits in history
Flouting the hosepipe bans that are sweeping the country comes with a hefty financial penalty of up to £1,000 – except it seems nobody has ever actually had to pay it.