Hotline to China: Biden and Xi agree to ‘pick up the phone’ for urgent concerns November 16, 2023 Biden and Xi spent four hours together at a northern California estate – in meetings, a working lunch and a garden stroll.
Fuel retailers face fines if they do not ‘come clean’ over pricing November 15, 2023 Fuel retailers face fines if they fail to be more transparent on pricing, Energy Secretary Claire Coutinho has announced.
Biden meets Xi and the goal is to get US-China communication back to normal November 15, 2023 Biden, before leaving Washington to make his way west on Tuesday to attend this year’s Apec forum, said his broad goal was to get Washington and Beijing “on a normal course corresponding”.
German government to guarantee £6.5bn Siemens Energy rescue package November 14, 2023 Siemens Energy is set to receive a €15bn rescue package, underwritten by the German government.
Liz Truss-backed economists say minimum wage is ‘destroying jobs’ – and call for cut November 14, 2023 Growth Commission co-chairman Douglas McWilliams told an event in Westminster that the current minimum wage level was “destroying jobs”.
Brazil’s Natura sells The Body Shop to Aurelius in £207m deal November 14, 2023 Brazilian cosmetics maker Natura &Co has agreed to sell The Body Shop to private investor Aurelius Group in a deal that values the firm at £207m.
Three more lenders cut mortgage rates as others warned to ‘sharpen pencils or risk losing out’ November 14, 2023 First Direct, Halifax and HSBC UK have all cut their rates, while others have been warned they risk losing out.
Deliveroo, Just Eat and Uber Eats urged to reform after reports of children working as riders November 14, 2023 Rules reportedly enable children to work as delivery riders, despite 18 being the minimum age, as “substitute” couriers aren't recognised.
Babcock: British defence giant on track for growth as global demand for arms soars November 14, 2023 British engineering giant Babcock stuck to annual guidance for growth on Tuesday as the global threat environment continues to drive demand for defence equipment and maintenance work. Babcock posted underlying operating profit up 27 per cent to £154m for the six months to the end of September, helped by income from its contract to build frigates [...]
Glencore swoops in to buy 77 per cent of Canadian miner Teck in £5.65bn deal November 14, 2023 Japan's Nippon Steel will pay $1.7 billion and swap its interest in one of Teck's coal operations for 20 per cent of the coal business, the report said, citing sources.
