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Sainsbury’s gives workers 5.3pc pay rise to above national living wage
- January, 2022
- marcus
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Sainsbury’s is lifting its basic rate of pay to at least £10 an hour as part of a £100m investment aimed at retaining staff. The 5.3pc rise, which comes into…
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US labour market strengthens after jobs surge, oil prices hit 14-month high
- March, 2021
- marcus
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The US economy bounced back strongly in February adding 379,000 jobs as more states reopened for business and more vaccines against the coronavirus became available, write Dominic Rushe and Michael Sainato on the…
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Pound-Dollar Rate Rises As US Jobs Miss Sparks Rising Expectations Of Aggressive Fiscal Stimulus
- February, 2021
- marcus
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The US employment data was weaker than expected with the increase in January non-farm payrolls held to 49,000. The data dampened positive sentiment towards the US economy and also fuelled…
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US stocks hit fresh record highs on stimulus progress, job market stabilisation
- February, 2021
- marcus
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Here is some reaction to the US non-farm payrolls data. Despite the 49,000 increase in jobs in January, there are almost 10 million fewer Americans in jobs than this time last…
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Wall Street on track for best week since April – as it happened
- November, 2020
- marcus
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All is sedate on Wall Street on this remarkable day, so here’s a quick round-up. Global stock markets have posted their strongest weekly gains since April, as Joe Biden moves closer…
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US markets fall after Trump tests positive
- October, 2020
- marcus
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President Donald Trump’s positive test for coronavirus rattled markets, with US stock markets dropping at the open. After trading down almost 1pc for most of the day the FTSE 100 closed…
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US economy sheds jobs for first time since 2010 as coronavirus hits
- April, 2020
- marcus
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Some reactions to the data are coming in now. The non-farm payrolls number is, unusually, a lagging indicator this month, said James Ingram, investment manager at MB Capital. We know that almost…
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Markets tumbles again as coronavirus fears dominate
- March, 2020
- marcus
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FTSE 100 hits lowest level since 2016 The FTSE 100 has now lost 3.7% for the day. The new intra-day low of 6,444 points is the lowest level since July 2016, when…
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Worldline’s $8.7 billion Ingenico deal to create European payments leader
- February, 2020
- marcus
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Worldline, in which Atos still has a 16.9% equity stake, said the deal would give it access to Ingenico’s strong presence in the travel, health and retail sectors, while the…
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Worldline agrees to buy Ingenico and create new European payments leader
- February, 2020
- marcus
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Creating a European champion able to compete with bigger American rivals could be welcomed by European politicians. “The local tie up by Ingenico and Worldline makes sense so instead of…