News

Japanese economy shrank 7.1 percent in Q2

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The Japanese economy shrank by -7.1% in Q2 2014, revised data from The Cabinet Office showed, the steepest contraction in five years, which is...
Mexico

Mexico City’s new airport

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Details on Mexico City’s new airport were unveiled last week by President Enrique Peña Nieto. The $9.2 billion project will increase capacity fourfold and...
TUC

Bosses can pay more, British workers say

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Bosses can pay more, says 50% of the British workforce, according to a YouGov poll commissioned by the Trade Union Congress (TUC). The four-day Trades...
Citizens property insurance corporation

Florida home insurance rates fall

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Florida home insurance rates are set to fall, says Citizens Property Insurance Corporation, after announcing that the Florida Office of Insurance Regulation approved the...
Statistics Canada

Canada’s unemployment rose 11,000 in August

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Canada’s unemployment rose 11,000 in August, surprising analysts who had forecast a 10,000 jobs gain. However, after botching figures last month, Statistics Canada’s latest...
Kroger

Kroger hiring 20000 more workers

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Why is Kroger hiring 20000 more workers? The company says it is adding new stores, after opening 216 new outlets in 2013, and needs...
Michael Kors

Michael Kors founder selling entire stake

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Michael Kors founding shareholder, Sportswear Ltd, is to sell its entire stake in the designer clothing and handbags retail business for about $890 million,...
Antonis Samaras

Greece announces tax cuts

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Greece announces tax cuts on heating oil and income. Tax on heating oil will be reduced by 30%, says Prime Minister Antonis Samaras. The...
Bombardier CSeries

Bombardier resumes CSeries flights

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Canadian train and plane maker Bombardier resumes CSeries flights in September. The company is certain its new jet will be in commercial service late...
REC/KPMG Report on Jobs

UK skills shortage problem grows

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The UK skills shortage problem continues to grow. A new report showed that vacancies in British companies increased at the strongest pace since 1998,...