Tag: raise
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‘Growing evidence’ the RBA needs to raise rates: Ross Greenwood
[ad_1] Sky News Business Editor Ross Greenwood says there is “growing evidence” the Reserve Bank needs to raise interest rates to ensure inflation returns to the “target band” of two to three per cent by 2025. Inflation rose 1.2 per cent in the September quarter which was higher than was forecast, increasing the risk of…
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Death toll in Gaza approaches 7,000 as aid groups raise alarm about fuel : NPR
[ad_1] A Palestinian girl holds a container as she waits to collect portable water, in Khan Yunis, in the southern Gaza Strip on Oct. 26, 2023, amid the ongoing battles between Israel and the Palestinian group Hamas. MOHAMMED ABED/AFP via Getty Images hide caption toggle caption MOHAMMED ABED/AFP via Getty Images A Palestinian girl holds…
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Fewer companies hiring, only 18% plan to raise wages
[ad_1] Disclaimer: Unless otherwise stated, any opinions expressed below belong solely to the author. The Ministry of Manpower (MOM) has just published its usual advance release of labour market data for the just-concluded third quarter. It’s a set of the most important — and most current — figures about trends in local employment, as the…
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Global ‘billionaires tax’ could raise €236bn, report finds
[ad_1] Billionaires pay far less tax than ordinary citizens relative to their income, and in many countries use personal holding companies to avoid income tax at the “border of legality” — but no serious effort has been made to address the situation, says a new report by the EU Tax Observatory. So far, effective tax…
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Long Lines At Gas Pump Unlikely, But Middle East Crisis Could Disrupt Supply, Raise Prices
[ad_1] WASHINGTON (AP) — Fifty years after the 1973 Arab oil embargo, the current crisis in the Middle East has the potential to disrupt global oil supplies and push prices higher. But don’t expect a repeat of the catastrophic price hikes and long lines at the gasoline pump, experts say. The Israel-Hamas war is “definitely…
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Ford Says It Won’t Raise Its Contract Offer to U.A.W.
[ad_1] Ford Motor said on Thursday that it could not improve its contract offer to the United Automobile Workers union without hurting its business and its ability to invest in electric vehicles. The automaker also said the union’s decision to expand its strike to Ford’s largest factory, the Kentucky Truck Plant, would probably hurt workers…
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Growing wages may force Bank of Canada to raise interest rates again
[ad_1] Breadcrumb Trail Links News Economy Rising wages represent a complicating factor because central bankers believe they can be inflationary Published Oct 06, 2023 • Last updated 3 days ago • 5 minute read Bank of Canada governor Tiff Macklem. Wage growth has been of concern to the central maker’s policymakers as they attempt to rein…
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Metro Bank shares plunge as it looks to raise up to £600m in new financing
[ad_1] For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Metro Bank‘s shares tumbled further today after reports emerged of an urgent £600m funding drive to shore up its balance sheet. The challenger bank is in talks…
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Sofi has 100 seizures a year. Her father runs marathons to raise awareness about epilepsy
[ad_1] Highlights:One in 25 Australians will be diagnosed with epilepsy in their lifetime, but 90 per cent won’t have access to the support they need.The “Walk for Epilepsy” project seeks to raise awareness about the reality of epilepsy.Rafael Garcia, whose daughter has epilepsy, plans to run 25 hours non-stop to raise funds and support the…
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Canada’s Ford autoworkers in line for minimum 15% pay raise over 3 years, union says
[ad_1] The Ford Motor Co. of Canada offered a 10 per cent wage increase in the first year of its tentative agreement with Unifor, followed by increases of two per cent and three per cent for the second and third years, the Canadian union said on Saturday. The agreement also includes a $10,000 Cdn productivity and quality bonus to…
