Global stock markets hit by nerves over US banks
Problems at two US regional banks have made investors nervous and triggered a sell-off in shares. Source: Original News
Category: Business
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Nestle to axe 16,000 jobs as new boss pushes to cut costs
The cereal-maker’s new boss says he wants to instil a “performance mindset” and prioritise earnings. Source: Original News
Betting firm Paddy Power to close 57 shops in UK and Ireland
Its parent company said affected staff would be “offered redeployment opportunities where possible”. Source: Original News
UK economy grew slightly in August ahead of key Budget
The 0.1% growth follows a slight contraction in the economy during July, official figures show. Source: Original News
Major UK rare earths refinery scrapped in favour of US
The project would have given the UK a strategic foothold in the rare earths industry. Source: Original News
Reeves plans ‘targeted action’ on bills in Budget
The chancellor is planning moves to help households with the cost of living in the Budget. Source: Original News
Tens of thousands of homes insulated under government schemes need repairs
Insulation programmes costing billions of pounds have led to widespread problems with damp and mould. Source: Original News
Personal data potentially stolen in Asahi cyber-attack
Asahi is still investigating the full impact of the attack which stalled all its Japanese production. Source: Original News
Wage growth slows slightly over summer
Annual growth in employees’ average earnings was 4.7% in the three months to August. Source: Original News
Trump says US will not ‘waste our time’ helping Argentina if Milei loses
Trump warns if Milei’s party loses this month’s elections “we are not going to be generous”. Source: Original News