Tech News

I. Coast, Ghana ease tug-of-war with buyers over cocoa prices

Ivory Coast and Ghana, the world's two biggest cocoa producers, said Monday there had been progress towards resolving a tug-of-war with chocolate giants on prices.. - Progress - Monday's joint statement was signed by the Ivorian Coffee-Cocoa Council (CCC), the Ghana Cocoa Board (Cocobod) and the Ivory Coast-Ghana Cocoa Initiative (CIGCI).

Recession-hit UK needs more migrant labour: business group

Britain needs more migrant labour to boost productivity as it faces a toxic mix of soaring inflation and shrinking growth, the country's main business lobby group warned Monday.. "Britain is in the middle of stagflation -- rocketing inflation and negative growth -- for the first time that probably most of us can remember.

I. Coast, Ghana ease tug-of-war with buyers over cocoa prices

Ivory Coast and Ghana, the world's two biggest cocoa producers, said Monday there had been progress towards resolving a tug-of-war with chocolate giants on prices.. Monday's joint statement was signed by the Ivorian Coffee-Cocoa Council (CCC), the Ghana Cocoa Board (Cocobod) and the Ivory Coast-Ghana Cocoa Initiative (CIGCI).

Markets rattled by fears of fresh Covid curbs in China

Asian and European stocks mostly fell Monday, with investor sentiment hit by renewed Covid concerns in China amid warnings that markets would remain lacklustre for some time.. "There are concerns China may tighten Covid curbs further after the first Covid-related death in almost six months was reported, and a city near Beijing enforced a slew of restrictions," said market analyst Fawad Razaqzada.

Recession-hit UK needs more migrant labour: business lobby

Britain needs more migrant labour to boost productivity as it faces a toxic mix of soaring inflation and shrinking growth, the country's main business lobby group warned Monday.. "Britain is in the middle of stagflation -- rocketing inflation and negative growth -- for the first time that probably most of us can remember.

No backsliding on Brexit, says UK PM

British Prime Minister Rishi Sunak on Monday denied that his government was seeking to row back on the UK's EU withdrawal deal, despite an apparent growing backlash against Brexit.. Former prime minister Boris Johnson, a staunch critic of his predecessor Theresa May's plan for Swiss-style ties, eventually won the argument with his harder version of Brexit.

Lufthansa launches hiring drive as recovery gathers pace

Lufthansa on Monday launched a drive to hire 20,000 employees, as the German airline giant recovers strongly from the coronavirus pandemic and seeks to tackle staffing shortages. . Lufthansa said it was seeking the new hires in Germany, Switzerland, Austria and Belgium, with roles ranging from pilots and flight attendants to technicians and IT specialists. 

UK's Compass, world's largest caterer, sees profits triple

Britain's Compass, the world's largest caterer, on Monday said annual profits had tripled as companies switched to outsourcing meals in the face of soaring inflation and energy costs.. With global inflation at the highest levels in decades on soaring energy and food bills, companies are attempting to save cash by outsourcing to contractors.

Sonic the Hedgehog co-creator arrested over insider trading

The co-creator of classic video game series Sonic the Hedgehog has been arrested for alleged insider trading, according to public prosecutors in Tokyo.. Prosecutors on Thursday arrested two other former Square Enix employees, also for alleged insider trading linked to Aiming.