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Biden hits Chinese electric cars and solar cells with higher tariffs
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May 14, 2024May 14, 2024Business

Biden hits Chinese electric cars and solar cells with higher tariffs

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The European Union and the UK are among the other places debating moves to curb imports of Chinese-made electric cars, even at the risk of slowing their adoption. “It’s not really a surprise to investors or to Chinese companies, especially in the run-up to an election where both candidates are not really pro-China,” she said....

UK unemployment ticks up as job vacancies shrink
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May 14, 2024May 14, 2024Business

UK unemployment ticks up as job vacancies shrink

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The UK’s unemployment rate has risen again and vacancies are shrinking, according to figures which suggest the country’s job market is cooling. The Office for National Statistics (ONS) said the UK’s jobless rate increased to 4.3% between January and March, up from 4.2%. The number of vacancies also continued to slow meaning more unemployed people...

Asda reveals plans for giant store and 1,500 homes for Park Royal
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May 14, 2024May 14, 2024Business

Asda reveals plans for giant store and 1,500 homes for Park Royal

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Asda has revealed plans to create a “town centre” in north-west London, including 1,500 homes. The proposals, which have not yet been submitted for planning permission, include a giant flagship superstore on its 10-acre Park Royal site, near Acton, replacing the current store. The company said about 500 of those homes would be provided as...