The Bank of England on Wednesday insisted it would end emergency buying of UK bonds by the weekend but sent markets into further frenzy as economic uncertainty grips Britain.. Following a Financial Times report on Wednesday that the BoE could extend its buying of UK government debt, the central bank insisted it would end purchases of long-dated bonds on Friday.
Striking French fuel refinery workers voted Wednesday to continue their stoppages and blockades, defying the government which began ordering some of them back to work in a bid to get supplies flowing.. Having previously threatened to use emergency powers enabling them to order essential workers back to the job, the government announced Wednesday that it would put them into use as the strikes entered their third week.
Australia's world-beating mining firms are flush with cash and desperate for staff but green-minded workers are shunning the high-paying sector, causing serious staff shortages, the government warned Wednesday.. But this year the Australian Resources and Energy Employer Association warned the sector needed an extra 24,000 new workers over the next five years.
Japan's space agency said it sent a self-destruct order to its Epsilon rocket after a failed launch on Wednesday because of a problem that meant the craft could not safely fly.. It was Japan's first failed rocket launch since 2003, and public broadcaster NHK said the self-destruct order was issued around 10 minutes after liftoff.
Russia's economy may face multiple long-term challenges, but for now energy exports appear to be helping it ride out Western sanctions imposed over the offensive against Ukraine.. However the Russian economy finds itself ever more dependent on energy exports and slipping further behind on many high value sectors.
The familiar plume of smoke no longer billows from one of the two chimneys at ArcelorMittal's massive steelworks in Hamburg's harbour.. - America beckons - Outside ArcelorMittal's Hamburg plant, a mound of iron ore pellets is piled high, awaiting the steelworks' full resumption.
Japan's space agency said it sent a self-destruct order to its Epsilon rocket after a failed launch on Wednesday because of a problem that meant the craft could not safely fly.. Public broadcaster NHK and other media outlets said it was Japan's first failed rocket launch since 2003.
Asian stocks sank again Wednesday while the dollar held gains against the yen and sterling as the volatility that has characterised markets for most of the year showed no sign of letting up.. The desire to find a safe place to invest also pushed the greenback to a new 24-year high against the yen, breaking the level touched last week when Tokyo stepped into the market to support the Japanese unit.
Under a blue sky, seasonal workers ran their secateurs along long rows of grapevines, harvesting a variety of pinot noir grown during the summer heatwave.. During the harvest period, the estate is a beehive of 200 workers, more than half of them seasonal.
United States labor officials proposed a rule change Tuesday that could make it easier for gig workers such as Uber drivers to be reclassified as employees entitled to benefits.. The measure effectively overturned a state law that would require the ride-hailing firms and others to reclassify their drivers and provide employee benefits.
