Sunday, 19 August 2018

Business

British Airways: cabin crew launch fresh strikes

LONDON: Members of the union Unite will walk out from February 5-7, and again for three days from February 9. The union is in dispute over members of BA’s so-called mixed fleet, who joined the airline after 2010 and are on worse pay rates than other staff, Unite says. The crew ...

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Tesco to merge with food wholesaler Booker in £3.7bn deal

THE grocery giant said the tie-up will create “the UK’s leading food business” and deliver significant cost savings for the combined group. Booker is the country’s largest wholesaler and owns the Londis and Budgens convenience store brands. The companies said the deal would bring “benefits for consumers, independent retailers, caterers, ...

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UK economy grows by 0.6% in fourth quarter

LONDON: Strong consumer spending helped the UK’s economy to grow faster than expected at the end of last year. The economy grew by 0.6% in the October-to-December period, the same rate as in the previous two quarters, according to an initial estimate from the Office for National Statistics. The figure ...

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iPhone allows users to send offline messages on Whatsapp

LONDON: WhatsApp has recently added new features in the latest update for iOS that makes a host of new changes on how the app functions. However, WhatsApp has finally rolled out an update that brings iPhone users on par with Android users as you can finally queue up messages when ...

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KFC fined nearly £1m after workers scalded in Teesside

LONDON: A fast food restaurant has been fined nearly £1m after a catalogue of errors left two workers with agonising burns from boiling hot gravy. Kentucky Fried Chicken (KFC) worker Joshua Arnold was scalded across his arms when a boiling tub of gravy tilted and spilled as he took it ...

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China launches first freight train to BRITAIN

LONDON: The first freight train travelling all the way from China to London has set off – on a journey that will cover a staggering 7,456 miles and pass through nine countries. The locomotive, stuffed with £4million worth of goods including socks and suitcases, departed from Yiwu West railway station ...

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Women face ‘sexist dress codes’ at work, report

A study into workplace dress codes has found “troubling” experiences affecting female workers forced to adhere to “sexist dress codes”. Women workers have been instructed to dye their hair blonde, wear revealing outfits and reapply make-up, a parliamentary report has found. Parliament held an inquiry into dress codes in the ...

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Pound recovering before Supreme Court ruling

LONDON: On Tuesday, the British Supreme Court will decide whether Parliament should vote to commence divorce proceedings from the European Union. Investors are welcoming this because above all they need one thing: certainty. A day before the Supreme Court’s decision of whether British Prime Minister Theresa May can start Brexit ...

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Cisco to buy AppDynamics for $3.7bn

SAN FRANCISCO: Cisco Systems Inc said on Tuesday that it agreed to buy U.S. business software company AppDynamics Inc for about $3.7 billion, making one of its largest deals of recent years as it searches for growth beyond its core networking business. Legacy technology players like Cisco have been trying ...

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London Metal Exchange chief Garry Jones resigns

LONDON Metal Exchange (LME) Chief Executive Garry Jones is stepping down just over three years after being appointed to run the world’s largest and oldest metals market, parent company Hong Kong Exchanges and Clearing Ltd (HKEX) said on Monday. Jones is retiring from all his positions within the HKEX Group, ...

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