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Bank of England governor admits UK economy suffering from wage price spiral
Andrew Bailey has acknowledged for the first time that the Bank of England is dealing with a downward spiral in UK wage rates, vowing to raise interest rates "as necessary" to bring inflation back to the bank's 2 per cent target.…
Ron DeSantis bans drag shows, pronouns, bathrooms for kids
Florida Governor Ron DeSantis He chose a Christian school as his preparation for signing Wednesday bills that ban gender confirmation sponsorships for minors, restrict the use of pronouns in schools and force people to use the bathroom…
Kenya Power resumes Sh26.76bn cheap electricity project
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Kenya Power resumes Sh26.76 billion cheap electricity project
Wednesday, May 17, 2023
Kenya technicians work on a transmission line. file image | NMG
Kenya Power has resumed the fourth phase of its last mile project…
Technology and innovation creating workplace inequality post-Covid, survey reveals
A new research report, Education for a World of Opportunity, reveals that more than a third of decision makers in UK SMEs believe technology and innovation have created fewer opportunities for unskilled workers to “learn on the job”…
Medaro Mining Enters Into Agreement to Acquire James Bay Pontax Lithium Project
This section Partnership content provided The content in this section is provided by GlobeNewswire for the purposes of distributing press releases on behalf of its clients. Postmedia has not reviewed the content.…
Lululemon opens first Israel store
Over the next three years, Lululemon plans to open seven more stores in Israel including two more in Tel Aviv.
Canadian sportswear retailer Lululemon opened its…
T.J. Maxx parent lifts profit forecast on easing costs, steady demand By Reuters
© Reuters. FILE PHOTO: A TJ Maxx store owned by TJX Cos Inc in Pasadena, California, US, May 15, 2017. REUTERS/Mario Anzoni
(Reuters) - TJX Cos Inc raised its annual profit forecast on Wednesday, counting on lower costs and…
Target earnings beat but company warns on current quarter, calls out cautious consumer
Target (TGT)'s first quarter wasn't a direct hit for Target, as hesitant shoppers continued to head to the store's more appreciative sections amid rising inflation and an economic downturn.said the chairman and CEO of Target Brian Cornell…
AstraZeneca Tagrisso chemo combo cuts risk of lung cancer progression
Roland Magnusson/iStock Editorial via Getty Images AstraZeneca (Nasdaq: AZNAddition to chemotherapy, Tagrisso said, helped improve progression-free survival (PFS) in patients with a type of non-small cell lung cancer (NSCLC) in a phase…
European stock markets dip on US debt ceiling concerns
European stocks fell on Wednesday, as the US debt ceiling deadline weighed on investors as policymakers in Washington failed to agree on a deal to increase the country's spending limit.The Stoxx 600 index in Europe fell 0.7 percent,…
