Archive for the September 17, 2019
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German supermarket giant Aldi on Monday said it planned to open more than 100 UK stores over the next two years, creating 5,000 jobs. Longer-term it wants to have 1,200 UK-wide supermarkets by the end
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World trade in commercial services lost momentum in the second quarter of 2019, indicating it "continued to face strong headwinds", but has generally fared better than trade in goods, which have been more directly hit
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Turkey's unemployment rate rose to 13.0% in the May-July period, data from the Turkish Statistical Institute showed on Monday, while the seasonally-adjusted rate edged down from a record high logged in the wake of a
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Purdue Pharma has filed for bankruptcy in a settlement agreement in a move it hopes will head off further legal proceedings in relation to its role in spreading the opioid crisis in the US, the
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A Saudi-led consortium was definitively reinstated on Monday as the builder of a new gas pipeline through Bulgaria, intended to hook up to Gazprom's TurkStream project. Bulgaria's Supreme Administrative Court announced Monday that the Saudi-led
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The British Chambers of Commerce cut its forecast for economic growth this year and 2020 on Monday, blaming a slower global economy, US-China trade tensions and the persistent drag from Brexit. The BCC, whose members
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Chinese dairy company Mengniu announced Monday it had made a takeover offer for Australian infant formula producer Bellamy's in a deal valued at around US$1 billion. Hong Kong-listed Mengniu has been eyeing global expansion in
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The United Auto Workers union began a nationwide strike against General Motors on Monday, with some 46,000 members walking off the job after contract talks hit an impasse. The move to strike, which the Wall
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The slowdown in China's economy deepened in August, with growth in industrial production at its weakest 17-1/2 years amid spreading pain from a trade war with the United States and softening domestic demand. Retail sales
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Ben Stokes and Jofra Archer promise a glittering Test future for England but Joe Root's men have work to do if they are to replicate their World Cup success in the five-day game. England's focus
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