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UK business investment continues to fall

Business investment has now declined for three quarters in a row, figures show, its worst run since the economic downturn of 2008 to 2009. The Office for National Statistics (ONS) said investment fell by 1.1% in the July to September period compared with the previous quarter.   However, separate ONS figures showed government borrowing fell in November.   Borrowing was ...

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Nissan to replace rock-star chairman amid arrest scandal

Nissan Motor Co. President and CEO Carlos Ghosn arrives for a joint press conference with Mitsubishi Motors Corp. in Yokohama, near Tokyo onMay 12, 2016, file photo Tokyo, Dec 17 : Nissan’s board is meeting to pick a chairman to replace Carlos Ghosn, arrested last month on charges of violating financial regulations. Monday’s meeting comes amid an unfolding scandal that ...

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US jobs growth slows in November

US jobs growth was weaker than expected last month, a slowdown that analysts blamed partly on a tight labour market. Employers added 155,000 jobs, with health care, manufacturing and transportation firms driving the growth, the Labor Department said.   The gains kept the unemployment rate unchanged at 3.7%, near record lows, according to the report.   The average hourly pay ...

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Culinary world cup 2018 in Luxembourg

UK Curry Connect (UKCC), a small campaign group that is trying to make its voice heard on behalf of the Asian catering industry to various government and industry bodies to deal with staff and skills shortages that are blighting the industry. UKCC has a number of viable proposals that have already been presented and one of its long term proposals ...

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Asian stocks slip on worries over US-China tariffs truce

Singapore, Dec 4 : Asian shares were mostly lower Tuesday as investors questioned if a 90-day truce in a tariffs battle will allow the U.S. and China to resolve a range of issues from technology development to trade. KEEPING SCORE: Japan’s Nikkei 225 index shed 1.0 percent to 22,356.80 and the Kospi in South Korea lost 0.5 percent to 2,120.65. ...

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Oil prices surge on output cut pledge, US-China deal

Oil prices soared on Monday after Russia and Saudi Arabia renewed a pact to cap output, while the US agreed to halt raising tariffs on Chinese imports, stalling a trade row that many feared could hit demand for the commodity.   Russian President Vladimir Putin said Saturday he and Crown Prince Mohammed bin Salman “have agreed to extend our agreement” ...

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SECOND TO NAAN! BRITAIN’S BEST CHEFS ARE CROWNED CURRY KINGS

    Bangla Mirror Desk: 26 November 2018 – Britain’s korma kings were last night crowned second to naan as they received the highest accolade in the curry industry  — the BCA Curry Chef of the Year award. The 12 winners of the coveted Chef of the Year category can now lay claim to being the best in their region ...

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Second Boeing 787 Dreamliner joining Biman’s fleet in December

This will bring the number of aircrafts in the national airlines’ fleet to 15 Biman is set to add a new Boeing 787 to its fleet in December. The aircraft is scheduled to land at Dhaka’s Hazrat Shahjalal International Airport around 4:30pm on December 1.  The addition will bring the number of aircrafts in the national airlines’ fleet to 15. ...

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Volkswagen will recall 75,000 cars over seatbelt fault

Volkswagen will recall about 75,000 of its VW Polo and Seat Ibiza and Arona cars after a seatbelt fault was exposed by a Finnish car magazine test drive. A new fix would be offered to affected UK owners from Monday, VW said.   The test drive in Finland showed that when three passengers were in the back seats and the ...

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US says China has ‘not altered’ unfair trade practices

The Trump administration has accused China of not changing its “unfair” practices, inflaming a trade dispute between the world’s two largest economies. In an update to a March report, the US said China had failed to alter its “unreasonable” practices.   The US has, along with other countries, long criticised Beijing over its trade policies.   The move raises tensions ...

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