<?xml encoding="utf-8" ??> The government risks endangering the UK’s semiconductor industry unless it urgently publishes a strategy for the sector, a leading Westminster body has warned. MPs on the Business, Energy and Industrial Strategy (BEIS) Committee have expressed disappointment over the government’s failure to publish a strategy to help support the sector. BEIS Committee Chair Darren Jones said: “Countries across ...

<?xml encoding="utf-8" ??> The Government is being urged to help firms recruit workers after research showed employers are facing huge problems attracting staff. The majority of the businesses surveyed by the British Chambers of Commerce (BCC) said they had problems recruiting workers in recent months. Hospitality firms were most likely to face challenges when recruiting, followed by manufacturers and those ...

<?xml encoding="utf-8" ??> About 115,000 postal workers at Royal Mail are to stage a 24-hour strike on 16 February in their continuing dispute with management over pay and conditions. The strike will affect all shifts for 24 hours from 12.30pm that day, the Communication Workers Union (CWU) said. The union said it had called the strike after Royal Mail began ...

<?xml encoding="utf-8" ??> Amazon yesterday beat sales expectations for the last quarter of 2022 after a marketing blitz during the holiday period helped attract shoppers. The world’s largest retailer lowered Wall Street’s expectations for the current quarter, however, and shares in the group dropped 4.8 per cent, or $5.21, lower at $112.91 in after-hours trading. Net sales rose 9 per ...

<?xml encoding="utf-8" ??> Jeremy Hunt has pledged to resist calls to cut taxes as interest rates hit a 15-year high of 4 per cent. In a move that will add nearly £50 a month to the average borrower’s mortgage payment, the Bank of England increased the rate of interest for the tenth consecutive time as part of efforts to bring ...

STOCK PHOTO Shooting gun photo created by senivpetro - www.freepik.com A United States (US) appeals court on Thursday declared unconstitutional a federal law making it a crime for people under domestic violence restraining orders to own firearms. The decision by a three-judge panel of the 5th US Circuit Court of Appeals is the latest victory for gun rights advocates since ...

A woman walks past Drum Tower during morning rush hour as Beijing, China, is hit by a sandstorm, March 15, 2021. — REUTERS By Farah Master and Twinnie Siu HONG KONG – China said on Friday that cross border travel between the mainland, Hong Kong and Macau would fully resume from Feb. 6, dropping existing quotas and scrapping a mandatory ...

A PERSON stands in front of a Canadian flag in Montreal, Quebec, Canada, Sept. 20. — REUTERS CANADA’S DEFENSE ministry on Thursday said it detected a “high-altitude surveillance balloon” and was monitoring a “potential second incident” after United States (US) officials said a Chinese spy balloon was found lingering over the western US state of Montana. “A high-altitude surveillance balloon ...

YIBEI GENG-UNSPLASH By Stella Qiu SYDNEY – Asian shares turned lower and the dollar regained some of its footing on Friday, as disappointing earnings from US tech giants undermined sentiment ahead of a key US non-farm payrolls report. Overnight, markets sensed the end of the massive global tightening cycle, after policymakers in Britain and Europe signaled their intention to pause, ...

BW FILE PHOTO THE PHILIPPINES will launch next week an offer of peso-denominated retail bonds due 2028, seeking to raise P30 billion ($556.79 million) initially at a rate-setting auction on Feb. 7, the Bureau of the Treasury said. The offer includes a swap option for holders of some bonds maturing this year, it said in a notice on its website. ...