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Duchess Meghan pauses Spotify podcast during mourning for Queen Elizabeth
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Explainer-How will the public be able to say goodbye to Queen Elizabeth?
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Explainer-The Zaporizhzhia nuclear power plant’s shutdown
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Electrolux flags cost cuts, warns on profit as inflation squeezes demand
From free crumpets to store discounts, UK grocers lure workers
Date: September 12, 2022
By Richa Naidu LONDON (Reuters) – With job vacancies in Britain close to a record high, retailers including Tesco Plc have begun offering better perks to workers, enticing them with free food and essentials during a cost-of-living crisis. Britain’s labour market emerged from the pandemic with unemployment at its lowest levels since 1974 and record...
EU eyes levy on fossil fuel firms to help consumers survive energy crisis
Date: September 12, 2022
By Kate Abnett and Ingrid Melander BRUSSELS (Reuters) -Fossil fuel firms may have to share their excess profits to help European households and industries cope with red-hot energy bills, a draft European Union plan showed on Monday as the cost of the West’s “energy war” with Russia took a growing toll. Energy prices and inflation...
Sterling falls to weakest since early 2021 against euro
Date: September 12, 2022
LONDON (Reuters) -Sterling briefly fell to its lowest level since early 2021 against a robust euro on Monday, while news that Britain’s economy grew less than expected in July highlighted a weak growth outlook. A broad pullback in the dollar meant there was some respite for a battered pound, which rallied over 1% to $1.1705...
HSBC eyes resuming buybacks in second half of 2023
Date: September 12, 2022
By Lawrence White LONDON (Reuters) -HSBC is likely to resume share buybacks in the second half of next year, its Chief Financial Officer Ewen Stevenson said on Monday, as the bank looks to boost payouts to investors having curbed them at regulators’ behest during the COVID-19 pandemic. The bank earlier this year said buybacks would...
Swiss confirm favoured location for $21 billion nuclear waste store
Date: September 12, 2022
ZURICH (Reuters) -Switzerland confirmed on Monday that its favoured location for a 20 billion Swiss franc ($20.94 billion) underground nuclear waste storage site was an area north of Zurich, close to the German border. The company behind the project to store the country’s nuclear waste for at least the next 200,000 years, the National Cooperative...
Creating a “Fairness-Aware” Financial Crime Culture with Responsible AI-based Systems
Date: September 12, 2022
By Danny Butvinik, Chief Data Scientist, NICE Actimize Some of the newest, advanced technologies that are being launched often have their own specific issues that must be considered during adoption stages to successfully fight fraudsters without regulatory repercussions. In fraud detection, model fairness and data bias can occur when a system is more heavily weighted or...