Business

Japan’s third-quarter expansion rate revised down sharply

Image copyright Getty Images Japan’s economy grew most slower than primarily estimated in a third entertain of a year, total have revealed, as business investment fell. The Cabinet Office pronounced a economy grew 1.3% in a 3 months to a finish of September, compared to a same duration a year …

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‘Tough’ year for final income pensions

Image copyright AFP/Getty Images Conditions for final-salary grant schemes will be “tough” in 2017, a examination of a zone suggests, with many simply “treading water”. The destiny of schemes has been in pointy concentration during a year in cases such as a fall of BHS and a destiny of steelworkers’ …

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ECB extends bond-buying intrigue though during slower pace

Image copyright Getty Images The European Central Bank has pronounced it will extend a bond-buying programme until during slightest Dec 2017, though cut a purchases by €20bn a month. The €80bn-a-month quantitative easing intrigue had been due to finish in March, nonetheless a bank had been approaching to extend it …

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Batteries charged to play bigger purpose in UK appetite grid

Image copyright UK Power Networks Image caption Batteries offer a greener approach of storing electricity It’s battery farming, though not as we know it. In a large step brazen for immature energy, a supervision has pronounced that low-carbon batteries will play a purpose in balancing a inhabitant grid for a …

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UK trade necessity narrows in October

Image copyright PA The UK trade necessity in products and services narrowed to £2bn in Oct as exports rose, central total show. Exports increasing by £2bn, carried by machine and ride orders, while imports decreased by £1.8bn, a Office for National Statistics (ONS) said. The ONS also done vast revisions …

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Food attention warns of aloft prices but EU workers

Image copyright Reuters The UK faces aloft food prices though continued entrance to EU workers, 30 food and splash associations have warned. In a minute published in a Guardian, they disagree that EU workers play an critical purpose in a supply sequence and some are already starting to leave. It …

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IMF arch Christine Lagarde in loosening hearing in France

Image copyright Reuters Image caption Christine Lagarde, here with her counsel during a start of a trial, denies any wrongdoing IMF arch Christine Lagarde has left on hearing in France for loosening over a remuneration remuneration done by a state-owned bank to a businessman in 2008. As financial apportion of …

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Venezuela pulls highest-value banknote ‘to strike opposite mafia’

Image copyright AFP Image caption The value of a 100-bolivar note has forsaken to usually 2 US cents on a black market The Venezuelan supervision has announced it will mislay a country’s highest-denomination banknote from dissemination within 72 hours to fight contraband. Central bank information suggests there are some-more than …

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Boxing Day selling anathema petition being debated by MPs

Image copyright EPA Large stores should be criminialized from opening on Boxing Day, an MP has suggested, as an remedy to a nation’s “obsession with shopping”. Helen Jones pronounced Boxing Day should be a “day of rest” after a rigours of Christmas and starting sales meant mislaid family time and …

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Oil prices burst on new outlay deal

Image copyright MIKHAIL MORDASOV Oil prices have surged after oil producing countries that are not Opec members concluded to cut output. Brent wanton jumped to $57.89 a tub – a top given Jul 2015 – before descending behind to $56.55, nonetheless that was still a benefit of 4.1% on a …

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