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  • Tesco issues warning to customers as Christmas dinner staple is recalled

    Tesco has issued a warning to shoppers who have purchased the product saying: "Please do not eat it."

  • Angry VW workers issue ultimatum with threat of strike escalation in 2025

    STORY: This is your final warning. The message from Volkswagen's labor representatives to management ahead of fresh talks over layoffs and possible factory closures. Workers have warned that unprecedented industrial action could come in 2025.VW staff downed tools at nine German sites, while thousands marched in Wolfsburg, where the carmaker is headquartered.The latest negotiations, which initially kicked off in September, come as Europe's largest carmaker seeks ways to radically cut costs.It wants to better compete with cheaper Asian rivals that have entered its home market.The VW crisis has hit at a time of uncertainty and political upheaval in Europe's largest economy.There's also wider turmoil among the region's automakers. German Chancellor Olaf Scholz, trailing in polls ahead of a snap election, has warned VW against factory closures.Workers are staging four-hour strikes, the second walkouts in a week.Workers can crank up the pressure on VW by eventually staging 24-hour strikes and even open-ended ones.While the impact of the walkouts was not immediately clear, the union has said several hundred cars were not built at the Wolfsburg plant alone as a result of the first round.Volkswagen's stock is one of the worst performers among European carmakers and has fallen by nearly 25% this year.

  • Fears for British jobs in £23bn advertising megamerger

    Two of the world’s biggest advertising groups are said to be plotting a $30bn (£23bn) megamerger in a move that would catapult them ahead of FTSE 100 giant WPP.

  • Jay-Z denies allegations he sexually assaulted a 13-year-old in 2000 with Sean ‘Diddy’ Combs

    A woman who alleges she was sexually assaulted by Sean “Diddy” Combs has amended her lawsuit to include allegations that she was also assaulted by Jay-Z at the same party.

  • Why Apple may be due for a stronger-than-usual iPhone update cycle

    Apple (AAPL) launches its iOS 18.2 update today. Some features in the update include ChatGPT integration into Siri and creating your own emojis. Creative Strategies CEO and Principal Analyst Ben Bajarin sits down with Asking for a Trend Anchor Josh Lipton to talk about how the new iOS update could impact iPhone demands and sales. "I think the super cycle term gets thrown around," says Bajarin. "I mean, I'm just still of the strong conviction that hardware changes, design changes drive those super cycles, not software. I do still think this is going to be a stronger-than-normal upgrade cycle only because we've known that this is an aging base." Bajarin went out to talk about the partnership between Apple and Sam Altman's OpenAI, the company that develops ChatGPT. "I think OpenAI, they're not Google. In no way, shape, or form are they brand-recognized or used as much as Google," says Bajarin. "So you could see the differences of this deal between a Google for search and ChatGPT and OpenAI for other features." Watch the video above to hear Bajarin's full take on Apple's iOS update. To watch more expert insights and analysis on the latest market action, check out more Asking for a Trend here. This post was written by Daniel A. Nelson

  • Jay-Z accused of raping 13-year-old girl with Sean ‘Diddy’ Combs

    Rap mogul Jay-Z has been accused of raping a 13-year-old girl along with Sean “Diddy” Combs during a party in 2000, in an amended civil lawsuit that came to light at the weekend.

  • Jay-Z denies raping girl, 13, at MTV awards after-party in 2000 with Sean ‘Diddy’ Combs

    Music mogul branded the claims ‘idiotic’ and said ‘my only heartbreak is for my family’

  • Adani Seeks Fresh Lifeline for Troubled East India Power Plant

    (Bloomberg) -- Follow Bloomberg India on WhatsApp for exclusive content and analysis on what billionaires, businesses and markets are doing. Sign up here.Most Read from BloombergBrace for a Nationwide Shuffle of Corporate HeadquartersA Chicago Skyscraper Cements the Legacy of a Visionary Postmodern ArchitectCloud Computing Tax Threatens Chicago’s Silicon Valley AmbitionsNYC’s Run-Down Bus Terminal Gets Approval for $10 Billion RevampKansas City Looks Back on its Long, Costly Ride With Microtrans

  • China's exports slow, imports decline in November, falling below forecasts

    China’s exports slowed in November and its imports declined, falling below forecasts and underscoring potential weakness in trade at a time when its leaders are striving to boost the economy after the shocks of the COVID-19 pandemic. Imports fell 3.9% from a year earlier, reflecting weak demand from industries and consumers. With exports outpacing imports, China’s trade surplus rose to $97.4 billion.

  • Germany's Scholz announces measures to prop up ailing steel industry

    Chancellor Olaf Scholz announced several measures to prop up Germany's ailing steel sector on Monday after he met with industry representatives to discuss high energy prices, cheap Asian competition and an economic downturn. In a statement issued by his spokesperson, Scholz said he would initiate the extension of state aid allowing employers to switch employees to shorter working hours during an economic downturn. He also said his government would seek to cap the costs of electricity transmission at 3 cents per kilowatt hour, partly finance the costs of the transmission grids and ensure that transmission grid fees do not increase in 2025.

  • Jay-Z and Sean ‘Diddy’ Combs accused of raping girl, 13, in US lawsuit

    Jay-Z denies allegations that unnamed girl was drugged and raped by him and Combs at a party after MTV music awards in 2000

  • Building society expands into new sectors as part of 'kinder banking' approach

    The Cumberland Building Society has expanded its commercial operations into three new sectors.

  • Stellantis, China's CATL to invest $4.33 billion in EV battery factory in Spain

    MADRID (Reuters) -Stellantis and Chinese battery maker CATL will invest 4.1 billion euros ($4.33 billion) in a factory making electric vehicle batteries in Zaragoza in northern Spain, they said on Tuesday. The 50-50 joint venture is expected to start production by the end of 2026 and could reach a capacity of 50 gigawatt hours, depending on the evolution of the EV market in the region and on support from authorities, the two companies said in a statement. Europe has been seeking to attract EV battery makers to build factories in the region - home to car makers such as Volkswagen and Stellantis - as it tries to cut a reliance on Asia and win a green subsidies race with the United States.

  • Warning over scam targeting Bury shop and pub owners

    Fraudsters are reportedly contacting licence holders by phone, using a mobile number to request the payment of the annual fee to a bank account.

  • BP shifts offshore wind to joint venture amid retreat from renewables

    Energy company’s deal with Japan’s Jera will allow it to focus on exploiting oil and gas assets

  • Can China's zero-tariff market access boost African economic fortunes?

    Thirty-three of Africa's "least-developed countries" (LDCs) are now able to export goods duty free into Chinese markets, but the policy is unlikely to have a significant impact since large commodities such as oil and minerals are already exported to China, according to a new analysis. The zero-tariff policy took effect this month, fulfilling a pledge made by Chinese President Xi Jinping at the Forum on China-Africa Cooperation (FOCAC) summit in September. The export policy is based on a 2003 sch

  • Vanguard plans new advice and wealth management division

    Leading asset managers are expanding their wealth management services to meet growing client demand in the backdrop of an increasingly complex and volatile investment landscape. Vanguard's CEO Salim Ramji and President Greg Davis announced the $10 trillion asset manager's largest restructuring in more than a decade in an email to its 20,000 employees on Monday, according to a Financial Times report. The company said Rotenberg, who most recently served as the president of personal investing at Fidelity, will join the company in January to lead the new division as a managing director and also be part of Vanguard's senior leadership team.

  • The ‘Great Stay’ is leaving employees feeling stuck as ‘pent-up resentment boils under the surface’

    Workers are feeling stagnant in their roles and it could spell disaster for HR leaders.

  • Jay-Z accused of raping teen with Diddy in civil suit: court filing

    Musician and producer Jay-Z was accused in a lawsuit submitted Sunday of raping a 13-year-old with hip-hop star Sean Combs in the year 2000, court documents show, claims denied by Jay-Z. An updated complaint in a civil case against Combs alleges that Jay-Z, whose name is Shawn Carter, and Combs raped the girl at an after party following the MTV Video Music Awards in September of 2000."Carter has been with Combs during many such instances described herein.

  • Works started on 'first-of-its-kind' bridge at rail station

    Works have started at Stowmarket rail station in mid Suffolk to develop the first footbridge of its kind in the country.