41% of those workers “faced racism at work in the last five years,” according to a report published Wednesday by the Trades Union Congress, a federation of labor unions. The TUC says it is the biggest study into the issue ever conducted in the United Kingdom. Among younger workers, the figures are even more troubling. […]
Last Friday, regulators from both sides announced an agreement that would allow US officials to inspect the audit papers of those firms, satisfying a long-running demand stateside and bringing relief to businesses and investors in each country. The breakthrough means that for now, more than 160 Chinese companies may have dodged the immediate threat of […]
Toyota’s statement on the new battery plant investment suggested it is still looking at ways to meet tougher emission rules without depending solely on battery-powered EVs. “Toyota believes that there is more than one option for achieving carbon neutrality. It also believes that the means of reducing CO2 emissions as much as possible and as […]
The chain said Wednesday that it will lay off approximately 20% of corporate employees, close around 150 stores and slash several of its in-house home goods’ brands. Crucially, the company also said it secured more than $500 million in financing to shore up its ailing financial straits. Berna Barshay, an independent retail analyst, said the […]
But over the past three months, the 77-year-old widow from the southern English county of Oxfordshire has lost nearly 25 pounds, a result of eating just one cooked meal a day — with just a piece of fruit or a sandwich for dinner. DeBurgo, who relies on her state pension and a supplementary Pension Credit […]
Retailers are trying the same tactic. Here’s the deal: Gap and Kohl’s, among others, are stuck with a glut of extra clothes that they can’t sell at current prices and don’t have a ton of space for. They’re overstocked. But rather than slashing prices to try to move the inventory, they’re just going to try […]
Ambani, 65, set out his succession plan on Monday, telling shareholders in his Reliance Industries conglomerate that his three children are “first among equals” and are being “mentored on a daily basis by our senior leaders, including myself.” Ambani, the chairman and promoter of Reliance Industries, has a daughter Isha, and two sons, Anant and […]
“I’m driving through Moscow and the same traffic jams are there as before,” says Andrey Nechaev, who was Russia’s economy minister in the early 1990s. The readiness of China and India to snap up cheap Russian oil has helped, but Nechaev and other analysts say Russia’s economy has started to decline and is likely facing […]
A Mickey Mantle baseball card from 1952 sold for a jaw-dropping $12,600,000 early Sunday morning, according to a news release from Heritage Auctions shared with CNN. The sale makes the card the most valuable sports collectible in the world, according to the auction house. The price almost doubled the previous record for a baseball card […]
Here’s the deal: Zuck is betting the future of his half-a-trillion-dollar company, Meta, on a vision of the future in which all of us spend more time in a virtual space known as the metaverse, repped by digital alter egos created in our own image. The trouble is, everything we’ve seen of that future so […]