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☆ Indian shares set for cautious start; all eyes on Fed meeting
▼ + stars: | 2023-09-18 | by ( ) www.reuters.com time to read: +2 min

Bengaluru, Sept 18 (Reuters) - Indian shares are set to begin a holiday-truncated week on a cautious note as investors digested economic data from China and looked ahead to the U.S. Federal Reserve's policy meeting this week. India's GIFT Nifty (.GIFc1) on the NSE International Exchange was up 0.1% to 20,186.5 by 0755 IST. Separately, foreign investors bought 1.64 billion rupees ($19.74 million) worth of shares on a net basis on Friday, while their domestic peers bought 19.39 billion rupees worth of equity, according to stock exchange data. STOCKS TO WATCH** Bharat Electronics (BAJE.NS): Bharat Electronics receives orders worth 30 billion rupees** Axis Bank (AXBK.NS): Investment banking unit co-CEO Chirag Negandhi resigns** HFCL Ltd (HFCL.NS): HFCL received order worth 10.15 billion rupees. ** Tata Steel (TISC.NS): Reaches deal with UK government for investment in the UK steel industry.

Persons: Chirag Negandhi, HFCL, Sridhar Kalyanasundaram, Archishma Iyer, Sonia Cheema Organizations: U.S, NSE, Exchange, Bharat Electronics, Axis, Investment, Tata Steel, Dhanlaxmi, Thomson Locations: Bengaluru, China, U.S . Federal

☆ Ryan Reynolds jokes about selling one of his four children to fund Wrexham Football Club’s stadium renovations
▼ + stars: | 2023-09-14 | by ( Alli Rosenbloom | ) edition.cnn.com time to read: +2 min

CNN —When it comes to Ryan Reynolds and Rob McElhenney’s Welsh football club, Wrexham AFC, anything is on the table – including, apparently, the potential sale of one of Reynold’s own children. Shaun Harvey, Wrexham AFC’s advisor to the board, broke the news to Reynolds and McElhenney during the episode. I don’t know if Ryan does, but I don’t think so. (Spoiler alert: Wrexham got promoted to the Football League in April, a moment widely celebrated at the time.) “Welcome to Wrexham” airs on Tuesdays on FX at 10pm local time, and is available to stream on Hulu on Wednesdays.

Persons: Ryan Reynolds, Rob McElhenney’s, Reynolds, McElhenney, Shaun Harvey, Wrexham, “, ” Reynolds, ” Harvey optimistically, Deadpool, Blake Lively, James, Inez, Betty, Ryan, Blake, ” McElhenney Organizations: CNN, Rob McElhenney’s Welsh football, Wrexham AFC, Wrexham ”, Hollywood, Football League, National League, Wrexham, Hulu Locations: Wrexham, America

☆ UK government says China attempting to headhunt Britons in sensitive positions
▼ + stars: | 2023-09-14 | by ( ) www.reuters.com time to read: +2 min

A Union Jack flag flutters in front of the Houses of Parliament in London, Britain, November 5, 2019. "The government recognises that Chinese recruitment schemes have tried to headhunt British and allied nationals in key positions and with sensitive knowledge and experience," the government said. The arrest of the young researcher, who denied being a spy, has led to calls by British members of parliament for a tougher stance on China. Chinese spying efforts in Britain were once focused on the hacking and stealing of intellectual property, according to lawmakers. But there has been a growth in human intelligence, targeting officials in senior positions, the lawmakers said.

Persons: Hannah McKay, Sunak, Andrew MacAskill, Kylie MacLellan, Michael Holden Organizations: REUTERS, Conservative Party, Intelligence, Security Committee, ISC, Thomson Locations: London, Britain, China, Beijing

☆ UK government under pressure to take tougher line on China amid spying allegations
▼ + stars: | 2023-09-13 | by ( Luke Mcgee | ) edition.cnn.com time to read: +9 min

Sunak’s predecessor Liz Truss called for the government to formally designate China as a threat to the UK. Florence Lo/APUnder the radarBut back to the question at hand: should the events of the past few days affect the UK’s official policy? Despite the arrests, observers believe it is unlikely there will be a sea-change in the UK government’s policy on China. The allegations that China is spying on the UK, in the very heart of Britain’s democracy, is of course a very real concern. But it will not be a surprise to the government, which has baked it into British foreign policy.

Persons: Tom Tugendhat, Tugendhat, Rishi Sunak, Premier Li Qiang, ”, Sunak’s, Liz Truss, Iain Duncan Smith, UK’s, Oliver Dowden, James, Han Zheng, Florence Lo, —, Peter Ricketts, “, doesn’t, ” Ricketts, Christopher Furlong Organizations: London CNN, Sunday Times, Conservative, CNN, Premier, Embassy, Metropolitan Police, Conservative Party, of, People, parliament’s Intelligence, Security, British National Security, Getty, Russia, Diplomats Locations: China, Beijing, New Delhi, London, gossiping, Europe, Hong Kong, South China, Taiwan, Westminster

☆ Ionic Rare Earths ties with Ford in Belfast magnet recycling venture
▼ + stars: | 2023-09-12 | by ( Melanie Burton | ) www.reuters.com time to read: +2 min

The Ford logo is seen on the grill of an E-transit concept vehicle at the Ford Halewood transmissions plant in Liverpool, Britain, December 1, 2022. REUTERS/Phil Noble/File Photo Acquire Licensing RightsMELBOURNE, Sept 12 (Reuters) - Ionic Rare Earths (IXR.AX) said on Tuesday it has received UK government investment to build a commercial rare earth magnet recycling facility in Belfast that will supply Ford's (F.N) electric vehicle production facilities in the country. The UK government will support the partnership with an investment of £2 million ($2.50 million) as part of its push to support circular economy magnet rare earths, as the West diversifies supply chains away from China which produces almost all the world's magnet supply. Rare earths are the most magnetic of all metals, used in applications from wind farms to EVs to defence. To support production at this facility there will be a requirement for over 600 tonnes of magnet raw material per annum, it said in the release.

Persons: Phil Noble, Simon Palmer, Ford, Melanie Burton, Michael Perry Organizations: Ford, REUTERS, Rights, Metals, Ford’s European Union, Thomson Locations: Liverpool, Britain, Belfast, China

☆ Britain faces 'epidemic' of shoplifting as Primark profits hit
▼ + stars: | 2023-09-12 | by ( James Davey | ) www.reuters.com time to read: +2 min

Sadly, in the last year we've seen twice as many offences," Sharon White, chair of the John Lewis Partnership that owns department stores and Waitrose supermarkets, told BBC Radio. Weston said some of the theft was "quite organised" and Primark was also seeing higher levels of anti-social behaviour. His comments echo those of Tesco (TSCO.L) CEO Ken Murphy, who earlier this month said Britain's biggest supermarket chain was offering body-cams to staff who need them. Murphy also called for a change in the law to make abuse and violence towards retail workers a specific offence in Britain. Target (TGT.N), Foot Locker (FL.N) and Dick's Sporting Goods (DKS.N) have all warned that profits have been under pressure from loss of inventory due to theft at their stores.

Persons: John Lewis, It's, we've, Sharon White, White, shoplifters, George Weston, Weston, Primark, Ken Murphy, Murphy, James Davey, Mark Potter Organizations: Police, Foods, John Lewis Partnership, Waitrose, BBC Radio, British Foods, Crown Prosecution Service, Reuters, Tesco, Dick's Sporting, Thomson Locations: Britain, United States

☆ PFA asking trades unions to support equal rights for England women's players
▼ + stars: | 2023-09-12 | by ( Lori Ewing | ) www.reuters.com time to read: +3 min

"We want our legacy to be that we leave the women's game in a better place for those who follow us. That includes contracts, conditions and protections for players," Lucy Bronze, who helped England to a runners-up finish at the Women's World Cup, said in a statement. Molango urged fellow trade unions to support the implementation of recommendations from Carney's review, including the need to establish a Professional Football Negotiating and Consultative Committee (PFNCC) for the women's game. "There's so much changing in the women's game right now," said Lioness Katie Zelem, who is a member of the PFA's Players' Board. The Lionesses' talks with the FA around bonuses - paused during the World Cup - are expected to resume later this month.

Persons: Jaimi, Maheta Molango, Molango, Karen Carney's, Lucy Bronze, Katie Zelem, Lori Ewing, Christian Radnedge Organizations: Soccer Football, FIFA, England, Association, TUC, World, Thomson Locations: New Zealand, Spain, Australia, Sydney, England, Liverpool, United States

☆ Ukraine stopped Russian cruise missiles from taking out a cargo ship in the Black Sea as Putin tries to 'weaponize food,' UK says
▼ + stars: | 2023-09-11 | by ( Jake Epstein | ) www.businessinsider.com time to read: +5 min

Russian forces fired two Kalibr cruise missiles at a cargo ship in the Black Sea last month. Turkish-flagged bulker TQ Samsun, carrying grain under UN's Black Sea Grain Initiative, transits Bosphorus in Istanbul, Turkey July 18, 2023. AdvertisementAdvertisementUkraine has tried to remedy the threat by establishing a protected shipping corridor to allow for safe transit through dangerous Black Sea waters. But news of the attempt to deliberately attack the Liberian-flagged cargo ship represents a deadly escalation. Emergency service personnel work at the site of a destroyed building after a Russian attack in Odesa, Ukraine, Thursday, July 20, 2023.

Persons: Rishi Sunak, Yoruk Isik, Vladimir Putin, James, Putin's Organizations: Service, Sea Fleet, Liberian, REUTERS, Russia, AP, Royal Air Force Locations: Moscow, Wall, Silicon, Ukraine, Russian, Russia, Ukrainian, Odesa, Samsun, Istanbul, Turkey, Palau

LONDON (AP) — German automaker BMW is set to announce plans to build the next generation electric Mini in Britain after securing U.K. government support for a multimillion-pound investment in the company’s Oxford factory. While the Department for Business and Trade didn’t specify the level of taxpayer support, British media put the figure at 75 million pounds ($94 million). The move is the latest boost for the U.K. auto industry, with vehicle makers announcing plans to invest more than 6 billion pounds ($7.5 billion) in Britain over the past two years. While car production jumped 36% from a year earlier in July, output remains far below pre-pandemic levels. British Prime Minister Rishi Sunak said the BMW investment “is another shining example of how the U.K. is the best place to build cars of the future.”Copyright 2023 The Associated Press.

Persons: Rishi Sunak Organizations: BMW, Department for Business, Trade, British, ”, Associated Press Locations: German, Britain, Oxford, British

☆ BMW will invest $750 million to keep making the Mini in Oxford
▼ + stars: | 2023-09-11 | by ( Anna Cooban | ) edition.cnn.com time to read: +2 min

London CNN —BMW announced Monday that it would invest £600 million ($750 million) in building two new electric versions of the Mini in the United Kingdom. The commitment by the German automaker will secure the future of Mini production in Oxford, where the original classic version of the small car was born 64 years ago. Almost a year ago, BMW told the Times newspaper that it planned to shift all Mini production from Oxford to China for efficiency reasons. “Mini has always been aware of its history — Oxford is and remains the heart of the brand,” Stefanie Wurst, head of the Mini brand at BMW, said Monday. Robots work on the Mini production line at the BMW plant in Cowley, near Oxford.

Persons: London CNN —, Mini Cooper, ” Stefanie Wurst, Tolga Akmen, Susannah Streeter, Hargreaves Lansdown, Rishi Sunak, ” Organizations: London CNN, London CNN — BMW, Swindon, BMW, Times, Oxford, Government, Getty, Tata Group, Rover, Hargreaves Locations: United Kingdom, Oxford, China, Leipzig, Germany, Cowley, AFP

☆ 18 months after Putin invaded Ukraine, Russia's sanctioned oligarchs are still rich and even less likely to stand up to him
▼ + stars: | 2023-09-09 | by ( Ryan Hogg | ) www.businessinsider.com time to read: +10 min

Russia's oligarchs are even less likely to turn on Vladimir Putin 18 months after the invasion. In the 18 months since Russia invaded Ukraine, the lives of Russian oligarchs such as Melnichenko have changed immeasurably in the face of Western sanctions. Sanctions were unleashed on Russia's billionaires as part of a wider set of economic restrictions that some hoped would inspire a revolt within the country. Russia's oligarchs have Putin to thank for their ongoing success. Revolt is possible but unlikelyIt now appears Russia's oligarchs have adapted to a new status quo where they lack political influence but still have a reliable stream of cash.

Persons: Vladimir Putin, Andrey Melnichenko, Putin, Mikhail Svetlov, Melnichenko, Forbes, hasn't, Putin —, Roman Abramovich, Alisher, Alisher Usmanov, Alexei Druzhinin, Ivan Fomin, Fomin, That's, Peter Rutland, Vladimir Potanin, Potanin, Rosbank, they've, there'd, Rutland, they're, Abramovich, Michael Regan Abramovich, He's, We'll, Arkady Volozh, Yevgeny Prigozhin, Putin oligarch, Wagner Organizations: Putin, Service, Financial Times, United Arab, Russia's, Soviet Union, Union, Kremlin, Center for, Center for Strategic, International Studies, Forbes, Wesleyan University, Bloomberg, New York Times, London, Chelsea FC, Getty, Guardian, Street, EU Locations: Wall, Silicon, Dubai, United Arab Emirates, Russia, Ukraine, Soviet, EU, Russian, Rutland, France, Thailand, Turkey

☆ Britain has a new big problem: crumbling concrete in schools, hospitals, airports, and theaters
▼ + stars: | 2023-09-09 | by ( Ryan Hogg | ) www.businessinsider.com time to read: +8 min

The "crumbly concrete" was used in hundreds of schools and some have been shut over fears of collapses. The UK government said more than 100 schools faced closure because they contained reinforced autoclaved aerated concrete (RAAC), a material typically used in roof planks and wall panels. AdvertisementAdvertisementOther structures such as hospitals, theaters, universities and some apartment buildings are also being checked for the concrete. Why was the concrete used? According to the think-tank the Institute for Government, those cuts are linked with schools' RAAC closures.

Persons: Matthew Byatt, RAAC, –, Chris Goodier, What's, Keir Starmer, Rishi Sunak's, NAO, Gareth Davies, Rishi Sunak Organizations: Service, Health, Safety, National Audit Office, Guardian, Financial Times, of Structural Engineers, Labour, Loughborough University, Department for Education, Institute for Government, The Times, National Health Service, European Union Locations: Wall, Silicon, Heathrow, Gatwick, Kent, Sweden, London, he's, India

☆ Daniel Abed Khalife: UK government insists escaped terror suspect will be captured amid serious questions over rare jail break
▼ + stars: | 2023-09-07 | by ( Sugam Pokharel Niamh Kennedy Sana Noor Haq | Sugam Pokharel | Niamh Kennedy | ) edition.cnn.com time to read: +4 min

Authorities are hunting for 21-year-old Daniel Abed Khalife, who orchestrated a bold jail break from Wandsworth prison on Wednesday while dressed as a chef, according to London’s Metropolitan Police. Addressing the UK parliament on Thursday, Chalk said he had already ordered an internal probe into the decision to place Khalife in a lower-security jail. Who was on duty that morning, in what roles ranging from the kitchen to the prison gate, what protocols were in place,” Chalk said. Wandsworth prison is located in the southwest of the British capital. Staff shortagesLast year, the UK’s prison inspection watchdog warned staffing levels “remained a serious problem” at Wandsworth prison.

Persons: Daniel Abed Khalife, Alex Chalk, Chalk, ” Chalk, ”, “, Khalife, Rishi Sunak, Shabana Mahmood, Yui Mok, Gareth Fuller, Yvette Cooper, wasn’t, ” Cooper, ” HMIP, Michelle Donelan Organizations: London CNN, Metropolitan Police, UK’s, Media, PA Media, British, Labour, Tory Government, Port, Press Association, Shadow, Labour Party, BBC Radio, Staff, of Prisons, Government, Met, Gatwick Airport, CNN Locations: Wandsworth, ” ‘ State, Britain, Dover, Kent, England, Wales, London

☆ UK government vows escaped terrorism suspect will be found
▼ + stars: | 2023-09-07 | by ( ) www.reuters.com time to read: +3 min

[1/3] A wanted sign featuring an image of Daniel Abed Khalife, a former soldier who is suspected of terrorism offences, is displayed, near Wandsworth prison which he escaped from, in London, Britain, September 7, 2023. "Daniel Khalife will be found and he will be made to face justice," Alex Chalk, the government's justice minister, told parliament. Police said he was not thought to pose a risk to the wider public but advised people not to approach him. Opposition lawmakers have demanded answers into how he had been able to escape and why he was not being held at a maximum security prison. Reporting by Michael Holden, Farouq Suleiman and Muvija M; Editing by Chizu NomiyamaOur Standards: The Thomson Reuters Trust Principles.

Persons: Daniel Abed Khalife, Anna Gordon, strapping, Daniel Khalife, Alex Chalk, Khalife, Chalk, Mark Fairhurst, Michael Holden, Farouq Suleiman, Muvija, Chizu Organizations: REUTERS, London's HMP, Police, Officers, Association, Thomson Locations: Wandsworth, London, Britain, London's, London's HMP Wandsworth, England

☆ Europe has dodged Putin’s gas bullet. But it’s still thirsty for cheap energy
▼ + stars: | 2023-09-07 | by ( Luke Mcgee | ) edition.cnn.com time to read: +9 min

For Europe, energy security has always been a trade-off: Cheap, imported energy comes with the risk of dependency on the countries from which it originates. Europe had an especially mild winter while governments and citizens made a concerted effort to use less gas. Despite these efforts, officials and analysts are fearful that however impressive these advancements have been, Europe’s energy is far from secure in the long term. And when it comes to energy security, dependency ultimately brings us back to that classic trade-off: economics versus risk. China is not the only threat when it comes to energy security in Europe.

Persons: guzzled, Vladimir Putin, –, Sean Gallup, Koen van Weel, ”, Milan Elkerbout, Kevin Frayer, Ursula von der Leyen, Von der, Adam Bell, it’s, Ursula von der, Yves Herman, Velina Tchakarova, ” Tchakarova Organizations: CNN, Ukraine, European Union, EU, Getty, Center for European Policy Studies, China . Workers, China Locations: Ukraine, Europe, Russia, Moscow, European, Lubmin, Germany, Port, Rotterdam, Netherlands, Qatar, Nigeria, China, Huainan, Anhui province, Brussels, Beijing, Belgium, Taiwan, cyberattacks . China, Saudi Arabia, Khazakstan, Libya

It forecasts that Britain, with a 2030 fossil-fuel car sale ban, could be short 25,000 EV technicians by 2032. And Australia could be 9,000 EV technicians short by 2030, the Victorian Automotive Chamber of Commerce predicts. CEO Lawrence Whittaker said Warrantywise must use expensive franchise dealers to fix EVs because they more often have qualified technicians than independent shops. Customers lacking EV repair options already come from far afield. The IMI estimates 20% of UK automotive technicians have received some EV training, but only 1% are qualified to do more than routine maintenance.

Persons: Rex Nielsen, Mark Syvret, Renault Zoe, Nick Carey, Roberto Petrilli, Lawrence Whittaker, Warrantywise, Mark Darvill, Darvill, Hillclimb's, Addison Lee, Andrew Wescott, Tesla, Daniel Brown, Germany's Lucas, David Etzwiler, Etzwiler, Collin Jennings, Jennings, Steve Nash, Nicholas Wyman, you'll, Aurora Ellis Organizations: Renault, REUTERS, EV, Motor Industry, of Labor Statistics, Victorian Automotive Chamber, Commerce, Auto, Reuters, UK, Tesla, IMI, Siemens Foundation, Traders ' Association of New, MTA NSW, U.S . Institute, Workplace, Thomson Locations: Ash Vale, Britain, DETROIT, MILAN, England, Milan, Melbourne, Malibu, Italy, Hertford, China, India, Europe, United States, Australia, High Wycombe, London, Traders ' Association of New South Wales, NSW

☆ Birmingham City Council: How an equal pay claim took down Britain's second-biggest city
▼ + stars: | 2023-09-06 | by ( Hanna Ziady | ) edition.cnn.com time to read: +5 min

London CNN —Birmingham — the biggest British city after London — is in dire financial straits. “Local government is facing a perfect storm,” Sharon Thompson, Birmingham City Council’s deputy leader, said in remarks broadcast Tuesday. How Birmingham went bustThompson blamed Birmingham’s financial troubles partly on an outstanding £760 million ($950 million) legal bill pertaining to the equal pay claims, which resulted from a Supreme Court ruling in 2012. The original case was brought by 174 former council employees, all except four of whom were women. They argued that this breached the equality clauses of their employment contracts under the Equal Pay Act of 1970 — and the court agreed.

Persons: London —, ” Sharon Thompson, Thompson, —, Shaun Davies, Rishi Sunak, England —, ” Organizations: London CNN — Birmingham, Birmingham City Council’s, Birmingham City, National Audit Office, Local Government Association, UK, Special, Municipal Authorities Locations: London, United Kingdom, “, Birmingham, England, —, West Midlands, Yorkshire, Croydon, Woking

☆ Brexit: The UK economy still can't cope with the consequences of leaving the EU
▼ + stars: | 2023-08-29 | by ( Hanna Ziady | ) edition.cnn.com time to read: +5 min

Tuesday’s announcement also highlights long-running concerns that border checks on food imports from the EU — which supplies 28% of the food consumed in Britain — could choke off supplies. Physical inspections have been pushed back to the end of April, with the final controls on EU imports — safety and security declarations — postponed to October 2024. Some UK industry groups welcomed the latest delays to border checks, which, they said, will add costs and friction to supply chains. The UK inflation rate is the highest in the G7, with consumer prices rising 6.8% in July compared with a year ago. Beyond inflation, food supply disruptions remain a lingering concern in the UK, which imports just under half of all the food it consumes.

Persons: Brexit, ”, Shane Brennan, ” Brennan, Andrew Opie, Rishi Sunak, Olesya Dmitracova Organizations: London CNN, European Union, London School of Economics, EU, Chain Federation, British Retail Consortium, Britain, and Drink Federation Locations: Britain, United Kingdom, EU

☆ Fact Check-UK government job ad not proof of new pre-planned pandemic
▼ + stars: | 2023-08-28 | by ( Reuters Fact Check | ) www.reuters.com time to read: +2 min

Are they planning another ‘pandemic’?” (here)But the UKHSA told Reuters that the advert’s wording was copied from another listing that was published ahead of the UK’s rollout of COVID vaccines in December 2020. “The copy in the February 2023 job advertisement is a legacy from the initial job ad some time ago before the COVID-19 vaccination programme had started,” the UKHSA spokesperson said via email. The 2023 job listing copied sections from an old advertisement that had not been updated since the rollout of COVID vaccines. This article was produced by the Reuters Fact Check team. Read more about our fact-checking work here.

Persons: Read Organizations: UK Health Security Agency, Vaccine, Twitter, Reuters Locations: British

LONDON, Aug 23 (Reuters) - The United States and China may feel some financial detente is wise at this point - even if goading one another plays well domestically. But elements of the once-feared bind of 'mutally-assured financial destruction' (MAFD) still apply. Pulling the rug out from under either - battering U.S. and Chinese demand in effect - seems to make little economic sense at least. America had new markets and investments and a seemingly durable new creditor that kept borrowing rates low and consumption up. Falling China Share of Foreign US Treasury HoldingsChina FX Reserves vs Global ReservesUS Treasury Debt Climbs as Fed Pulls Back'MAFD'But is that where the situation has landed post-pandemic?

Persons: Larry Summers, Summers, Goldman Sachs, Jim O'Neill, O'Neill, Gina Raimondo's, Stephen Jen, Eurizon SLJ, Treasuries, Deepa Babington Organizations: U.S . Treasury Securities, ., Treasury, Foreign US Treasury Holdings China FX, Global Reserves, U.S ., Commerce, U.S, Reuters Graphics Reuters, Reuters, Thomson Locations: United States, China, Washington, Ukraine, Taiwan, Hong Kong, U.S, Beijing, America

☆ Why inflation makes Britain’s debt the costliest among rich economies
▼ + stars: | 2023-08-22 | by ( Hanna Ziady | ) edition.cnn.com time to read: +4 min

Interest payable on UK central government debt hoovered up £7.7 billion ($9.8 billion) last month alone, hitting a record for July, the Office for National Statistics said Tuesday. That’s double the share in Italy, whose dependence on inflation-linked debt comes second only to that of the UK among advanced economies, according to Fitch Ratings. According to Fitch, Britain now spends more to service its debt than any other developed economy, as a percentage of government revenue. In a statement Tuesday, Hunt said: “As inflation slows, it’s vital that we don’t alter our course and continue to act responsibly with the public finances. Only by sticking to our plan will we halve inflation, grow the economy and reduce debt.”

Persons: That’s, ”, Ellie Henderson, Fitch, ” Ruth Gregory, Jeremy Hunt “, Gregory, Hunt Organizations: London CNN, National Statistics, United, Fitch, “, Investec, AAA, Capital Economics, CNN, Conservative Locations: Ukraine, United States, Italy, Fitch, Britain, London

☆ UK sees surge in interest from non-EU job hunters
▼ + stars: | 2023-08-21 | by ( David Milliken | ) www.reuters.com time to read: +3 min

Workers walk through the Canary Wharf financial district, ahead of a Bank of England decision on interest rate changes, in London, Britain, August 3, 2023. EU-based job seekers accounted for 1.4% of Indeed's UK job searches in June - down slightly from before Brexit - while non-EU interest has more than doubled to 4.1% of searches. The UK government phased out most EU nationals' unrestricted right to move to Britain to work after Brexit. Canada and Australia have seen foreign-origin job searches roughly double since 2019 to 10.9% and 17.2% of total job searches for those countries respectively, according to Indeed, which claims 330 million unique visitors each month. By contrast, the figures for overseas job hunters targeting the United States and the EU were 3.4% and 2.7% respectively, both barely changed from before the pandemic, according to Indeed.

Persons: Toby Melville, Pawel, Adrjan, David Milliken, Andy Sullivan Organizations: Bank of, REUTERS, European Union, EU, Bank of England, Thomson Locations: Bank of England, London, Britain, Europe, East, Africa, Brexit, India, Nigeria, South Africa, Pakistan, Canada, Australia, United States

☆ Lucy Letby: British nurse refuses to appear to be sentenced for murdering seven babies
▼ + stars: | 2023-08-21 | by ( Sana Noor Haq | ) edition.cnn.com time to read: +4 min

London CNN —A British nurse refused to appear in court on Monday to be sentenced for the murders of seven babies and attempted murders of six others at the UK hospital where she worked. It emerged during the trial that police had found a series of handwritten notes by Letby, including one that read: "I am evil I did this." It emerged that before Letby murdered Child E, he started bleeding when she tried to assault him. But the hospital’s management initially dismissed concerns raised by clinicians over the increased mortality rate of patients under Letby’s care, PA reported. In 2016, Letby won a grievance complaint that she had filed against her employers after learning of their initial allegations.

Persons: London CNN —, Lucy Letby, Rishi Sunak, Letby, ”, ” Letby, Countess, Chester, duping, ‘, Child, F, “, E Organizations: London CNN, Manchester Crown Court, Media, Prosecution Service, Prosecutors, Cheshire Constabulary, Authorities, National Health Service Locations: England, Manchester

☆ Cargill ingredients are probably in every meal you eat. That makes the company's environmental goals a big deal.
▼ + stars: | 2023-08-21 | by ( Catherine Boudreau | ) www.businessinsider.com time to read: +6 min

Cargill, the largest private company in the US, buys from farmers and ranchers in 70 countries. Some environmental groups, including Greenpeace and Stand.earth , accuse Cargill of not doing enough on those fronts. What is Cargill doing about the climate crisis? What is Cargill doing about that? (A Cargill spokesperson added that the company also offers premium payments to soy growers in South America enrolled in a company sustainability program.

Persons: Cargill, Pilar Cruz, Burger, didn't Cargill Organizations: Service, Privacy, Cargill, Greenpeace, Stand.earth, Latina, Soil Health Institute, National Fish and Wildlife Foundation, Innovation Fund, Tropical Forest Alliance, US, Brazil —, Gran Chaco, South America Locations: South America, Southeast Asia, Cargill, North America, Germany, Romania, Poland, Southern, Brazil, West Africa, Ghana, Côte d'Ivoire, South

☆ We're 'very comfortable' with where we are in terms of taxation, says UK government official
▼ + stars: | 2023-08-16 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWe're 'very comfortable' with where we are in terms of taxation, says UK government officialGareth Davies, exchequer secretary to the U.K. Treasury, discusses the latest inflation data, taxation and Brexit.

Persons: Gareth Davies Organizations: . Treasury

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