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...In a Monday update, the rating agency moved Ford up to triple-B minus from double-B plus....
...Among the most expensive approved gene therapies are uniQure’s haemophilia B treatment Hemgenix, at $3.5mn and Bluebird’s thalassaemia drug Zynteglo, which is priced at $2.8mn....
...During the week, Davey faced questions over a decision to largely expunge the “B-word” from the party’s pre-manifesto policy documents while at conference itself the ‘what to do about Brexit’ discussions...
...The lingering worry is wage growth, which is still far from normalising. You can make the case, as Goldman does, that it is just a matter of time before wage growth falls....
...He adds that the US Federal Reserve has had success in taming wage inflation, which is proving to be a new tailwind for profit margins....
...To the careful pension fund, it sells low-yielding triple-A tranches; to the risk-loving hedge fund, high-yielding double-B. In aggregate, that lets the PC CLO borrow more....
...Yet Tuesday’s judgment might seem to run counter to a previous ruling against Uber, which in 2021 was told by the Supreme Court that its drivers are workers entitled to rights such as the minimum wage....
...When a courier received a receipt, all they saw was an anonymised route from A to B, alongside the number of miles and what they were paid....
...These delays have meant that Kyiv has started looking at a “Plan B” and even a “Plan C”, Pidlasa said....
...It is linked both to higher productivity and lower wage growth. What’s not to like if you are an employer?...
...“They are taking big risks without a Plan B,” says Torcuato di Tella’s Levy Yeyati. “They are burning their bridges with the opposition, including those who could help them....
...Monkwell has been made aware of secret plans for the launch of a new and well-funded campaign to wage war on woke capitalism....
...The national data on wages and household balance sheets is encouraging....
...The monthly minimum wage for a human employee in South Korea is about Won2mn....
...From a menu of about 100 items (including noodles, rice, simmered and pan-fried dishes), I also pick Grill Set B so I can sample the yakitori....
...unknown’ As we laid out in some detail in a report that leveraged the FT’s network of European correspondents, the big “known unknown” here is a) how prepared EU exporters are for the new paperwork and b)...
...Even if unemployment rises above 4 per cent, we still have high wage levels, over $1tn in savings, and a consumer that’s delivered....
...Though real wage growth remains deeply negative, companies involved in Japan’s annual shunto wage talks have agreed to a 3.7 per cent pay increase, the biggest since Japan’s asset bubble burst in the early...
...RBC analyst Richard Chamberlain said this was “likely due to margin pressure” and predicted that the company would continue to face margin headwinds from dollar strength and rising wage costs....
...It says that a change in standards from next year will force B Corps to be more prescriptive about where they stand on 10 specific topics — including fair wages, diversity and inclusion, human rights, action...
...And FT reporters ask: does Beijing need an economic plan B?...
...Meanwhile, [Disney CEO] Bob Iger is sitting in a billionaires’ retreat, saying that our demands for a living wage are unrealistic, when that b***h is making $78,000 a day.”...
...In that system, “middle class” is generally defined as A and B consumers — people in higher and intermediate managerial roles in administrative and professional occupations....
...At the same time companies faced not only spiralling wage bills but penal tax liabilities....
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