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...This resulted in a writedown to just £4.3mn after a third-party valuation....
...A total of 78 per cent of employers paid men more than women on average in 2023-24, a slight reduction on the previous year....
...Such tax increases would be more palatable if accompanied by a genuine simplification of today’s mind-bogglingly complex federal income tax system. William W Chip Washington, DC, US...
...William Sandlund Well, there’s a number of reasons....
...Now, the Massey Shaw Education Trust, which looks after the historic vessel, is collaborating with British watchmaker William Wood Watches on a limited-edition timepiece it hopes will boost awareness ahead...
...The Bank of Japan releases a summary of opinions from its April policy meeting. Events: Russian President Vladimir Putin hosts his Laos counterpart Thongloun Sisoulith in Moscow....
...Events: Bank of Japan governor Kazuo Ueda speaks at a seminar hosted by Japan’s Yomiuri newspaper. China’s President Xi Jinping begins a visit to Hungary....
...The strongest growth was at Wynn’s two Macau casinos, where a return of mass market gamblers boosted net revenue to $998.6mn....
...The last time real wages — which take inflation into account — rose was in March 2022, when they eked out a 0.6 per cent gain. Since then, accelerating price growth has eaten into household earnings....
...If it closes today with a loss, it will snap a two week winning streak....
...Burnham easily won a third term, as expected, albeit on a slightly reduced vote share of 63 per cent....
...Singapore-based United Overseas Bank reported growing revenue from greater China in the first quarter despite a muted bottom line....
...Hong Kong equities extended a weekslong rally on Friday, with the city’s benchmark Hang Seng index surging 2.4 per cent....
...Andy Street, incumbent West Midlands mayor and former managing director of John Lewis, lost his position to Labour by a hair’s breadth after a tense recount....
..., a reference to a popular protest slogan that has since been deemed seditious by local authorities....
...Hakluyt, the corporate consultancy founded by ex-MI6 intelligence officers, is appointing former UK Conservative party leader Lord William Hague as chair of its international advisory board....
...OCBC on Friday reported first-quarter net income of S$2bn, a new quarterly record and a 5 per cent increase from the previous year. Shares rose 1.8 per cent after the report....
...Asian currencies slid against the US dollar on Wednesday following hawkish remarks from a Federal Reserve official on Tuesday....
...The rally made the city’s beleaguered stock market a top-performing global index for April....
...William Ruto is set to meet his US counterpart Joe Biden this month in the first state visit by an African leader in more than 15 years....
...Hong Kong equities rose on Friday, with the city’s bourse operator leading gains after the announcement of a plan to create a Hong Kong-themed exchange traded fund in Saudi Arabia....
...Mayoral politics was “taking on a life of its own”, he said, adding: “I think it’s a new type of dynamic.”...
...A total of 52 MPs have to submit letters of no confidence to trigger a confidence vote....
...Mainland China’s CSI 300 index rose 0.9 per cent, with Cosco Shipping leading with a 9.3 per cent increase, as China reported stronger than expected trade figures for April on Thursday....
...Both recognise the need for a focus on transport, housing and skills....
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