The latest Business News: breaking personal finance, company, financial and economic news, plus insight and analysis into UK and global markets.

UAW Files With NLRB Regarding Unfair Labor Practice Of GM, Stellantis

The United Auto Workers or UAW union has filed unfair labor practice charges against General Motors and Stellantis, parent of Chrysler, with the National Labor Relations Board. During a Facebook Live, UAW President Shawn Fain said the automakers refused to respond to the union’s demands in good faith or in a timely manner. Meanwhile, the union did not file a […]

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UK Manufacturing Shrinks Most Since May 2020

The British manufacturing downturn deepened in August and was the steepest in more than three years as output and new orders fell at faster rates amid the weak market conditions both domestically and internationally, survey results from S&P Global revealed Friday. The Chartered Institute of Procurement & Supply Manufacturing Purchasing Managers’ Index, or PMI, dropped to a 39-month low of […]

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Crude import from Russia declines to lowest in 7 months

Indian imports of Russian oil plunged by a record in August month-on-month (M-o-M) as discounts on the fuel shrank in tandem with rising Brent oil prices. Higher crude prices will drive inflation or hurt earnings at oil companies and India’s fiscal position if such spikes are not passed on to consumers. Indian purchases of Russian crude declined by around 24 […]

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Maer Roshan Named Co-Editor-In-Chief Of The Hollywood Reporter

The Hollywood Reporter has hired Maer Roshan as the trade publication’s Co-Editor-in-Chief, a role he’ll share with Editorial Director Nekesa Mumbi Moody. THR announced the appointment today, calling it an “augmentation to leadership,” with both Roshan and Moody reporting to Penske Media’s Chief Operating Officer George Grobar. They’ll be based in Los Angeles, with Roshan beginning in his new role […]

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European Shares Seen Up On Retreating US Yields

European stocks may open higher on Thursday as investors cheer a retreat in global bond yields and upbeat earnings from artificial intelligence (AI) chip maker Nvidia. Nidia shares jumped 9 percent post the U.S. closing bell after the world’s most valuable chipmaker beat estimates for its fiscal second quarter and issued optimistic guidance for the current period. In economic releases, […]

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States That Sent the Most Troops to Fight in WWII

When World War II began in 1939 with Germany’s invasion of Poland, only about 334,500 Americans were serving in the military. Over the following years, through both conscription and voluntary enlistment, the ranks of the U.S. military swelled, peaking at an estimated 12.2 million in 1945.  The “arsenal of democracy,” the U.S. not only produced nearly two-thirds of Allied military […]

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Falsehoods Follow Close Behind This Summer’s Natural Disasters

As natural disasters and extreme environmental conditions became more commonplace around the world this summer, scientists pointed repeatedly to a shared driver: climate change. Conspiracy theorists pointed to anything but. Some claimed falsely that the record-smashing heat waves blistering parts of North America, Europe and Asia were normal, and that they had been sensationalized as part of a globalist hoax. […]

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DGCA suspends Air India’s Boeing simulator facility in Mumbai for lapses

The Directorate General of Civil Aviation (DGCA) on Tuesday suspended Air India’s Boeing simulator facility in Mumbai after finding certain alleged lapses during a spot check, a DGCA official said. The pilots, who were scheduled to undergo refresher courses at the Mumbai facility, will now not be able to do so. Their licenses and other certifications would lapse, affecting their […]

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Edtech giant Byju’s CBO Prathyusha Agarwal, two senior executives quit

Three senior executives have resigned from Byju’s at a time when the most valuable edtech company has been trying to address challenges such as due diligence issues, legal battles with lenders, challenges in raising fresh capital, and a markdown in its valuation by investors. Prathyusha Agarwal, the chief business officer of Byju’s, has quit, according to sources. They said Himanshu […]

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Sundance Prize Winner ‘Radical’ Starring Eugenio Derbez Secures Interim Agreement For Publicity Ahead Of October Release

EXCLUSIVE: Radical, the Mexican true-life drama starring CODA‘s Eugenio Derbez that broke out of Sundance as the 2023 Festival Favorite, has secured a SAG-AFTRA interim agreement that will permit publicity efforts ahead of its October 20 nationwide release, Deadline has learned. Related Stories ‘Radical’ Sundance Film Festival Review: Eugenio Derbez Back In The Classroom In Inspiring True Story SAG-AFTRA Interim […]

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