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Uber and Lyft shares slump on US ‘gig’ economy plan

Uber and Lyft shares slump on US ‘gig’ economy plan

US - Shares in some of the world's largest gig economy companies have plunged after the US government outlined a plan to change the way they treat workers. Under the US Department of Labor proposal,

IMF warns rising prices will be worse in UK

IMF warns rising prices will be worse in UK

UK - The International Monetary Fund (IMF) doubled down on criticism of the chancellor's mini-budget days after warning it would push prices up. The body, which works to stabilize economic growth, has admitted that the

India: Ford workers hold job-related protests

India: Ford workers hold job-related protests

India - Over 400 of the 2,600 employees who worked at Ford's Chennai assembly plant before it was permanently shut down nearly three months ago are still protesting the "final settlement" severance deal that company

Asda to cut delivery drivers’ pay by 12% despite staff shortage

Asda to cut delivery drivers’ pay by 12% despite staff shortage

UK - Asda is cutting the hourly pay of 1,500 grocery deliveries by more than 12% despite the cost-of-living crisis. The UK's third-largest supermarket chain is waiving a £1.50 per hour surcharge introduced in the

Germany to pay December gas bills for households and businesses

Germany to pay December gas bills for households and businesses

German - From March 2023 until the end of April 2024, private households will pay €0.12 (£0.11) per kilowatt-hour for the first 80% of last year's gas use. In the meantime, the industry from January

Jobs available in Real Estate Investment Trusts

Jobs available in Real Estate Investment Trusts

Global - Real Estate Investment Trusts are referred to as REITs. Real estate investment trusts will benefit significantly as they expand because of the expanding real estate market. The good news is that there are

Travel by rail only if absolutely necessary on Saturday

Travel by rail only if absolutely necessary on Saturday

UK - Passengers have been warned to only take the rail if absolutely necessary on Saturday, when a national strike means only one of the five regular scheduled services has to operate. More than 40,000

Dairy co-op Arla to pay farmers more for milk if climate targets met

Dairy co-op Arla to pay farmers more for milk if climate targets met

UK - Arla is introducing a "sustainability incentive" to promote and fund emission reductions on the farms of its 8,900 members based in the UK and six other European countries, including Denmark, Sweden and Germany.

Chinese businesses are alarmed by EU’s proposal for due diligence

Chinese businesses are alarmed by EU’s proposal for due diligence

China - Chinese businesses are concerned about the impact of the EU's corporate sustainability directive on their business operations, according to a survey commissioned by the Chinese Chamber of Commerce to the EU (CCCEU), and

Kenyan domestic workers tell of abuse in Saudi Arabia

Kenyan domestic workers tell of abuse in Saudi Arabia

Saudi Arabia - "I was desperate for a job," said Simiu, one of a growing number of Kenyans who travel to the Persian Gulf in search of work, pushed off by the country's high unemployment