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December 14, 2025
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November 24, 2023

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Amazon hit by strikes, protests across Europe during Black Friday trade

The Cheap Investor2 years ago2 years ago03 mins

LONDON (Reuters) -Amazon workers walked out on strike at multiple locations across Europe on Friday in protests against the U.S. e-commerce giant’s working practices on one of the busiest shopping days of the year. “Make Amazon Pay”, a campaign coordinated by the UNI Global Union, said strikes and protests would take place in more than…

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Nissan ramps up EV plans in UK with $1.4 billion investment

The Cheap Investor2 years ago2 years ago03 mins

By Nick Carey LONDON (Reuters) -Nissan will pump 1.12 billion pounds ($1.4 billion) into building electric versions of two of its cars at its British plant, in a boost for the country’s auto industry and a prime minister desperate to attract foreign investment. Friday’s announcement fires the starting gun on Rishi Sunak’s Global Investment Summit…

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White House stalls ethanol expansion in Midwest amid price concerns

The Cheap Investor2 years ago2 years ago03 mins

By Jarrett Renshaw and Stephanie Kelly (Reuters) – The White House is stalling action on requests by Farm Belt states to allow regional sales of gasoline blended with higher volumes of ethanol after oil industry warnings that the move could cause regional supply disruptions and price spikes, according to two sources familiar with the matter….

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Investors pour $40 billion into stocks in two weeks as markets surge -BofA

The Cheap Investor2 years ago2 years ago02 mins

By Harry Robertson LONDON (Reuters) – Investors have poured $40 billion into stocks since Oct. 9, the biggest two-week inflow since February 2022, as equities rallied, Bank of America said on Friday. In the four trading sessions to Tuesday, investors put $16.5 billion into stock funds, BofA said in its weekly Flow Shows research note,…

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Exclusive-Barclays working on $1.25 billion cost plan, could cut up to 2,000 jobs -source

The Cheap Investor2 years ago2 years ago04 mins

By Sinead Cruise and Lawrence White LONDON (Reuters) -Barclays is working on plans to save up to 1 billion pounds ($1.25 billion), which could involve cutting as many as 2,000 jobs, mainly in the British bank’s back office, a person with direct knowledge of the proposals told Reuters. Managers at Barclays, led by Chief Executive…

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