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BoE’s profits dip on higher banknote and research expenditure

BoE’s profits dip on higher banknote and research expenditure

The Bank of England saw its profits dip in the 2017–18 financial year, as it invested in new capacity and rolled out a new series of polymer banknotes. The BoE’s annual report was published on…

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Today’s Google outage was brief but disconcerting

Today’s Google outage was brief but disconcerting

Earlier today, reports began emerging Google was down. While it has since returned, it once again highlights our dependence on technology service providers and shows how reliant many people are on a single operator for…

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Energy & Precious Metals – Weekly Review and Outlook By Investing.com

Energy & Precious Metals – Weekly Review and Outlook By Investing.com

© Reuters By Barani Krishnan Investing.com — For all practical purposes, the U.S. driving season is almost over. What’s going to drive the longs in oil after this? The answer seems to be exports, exports…

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big on promises, but weak on delivery

big on promises, but weak on delivery

Uhuru Kenyatta and his deputy, William Ruto, ascended to Kenya’s presidency in March 2013. This followed a contested poll that they won with a slim majority of 50.3% of the votes cast. They took office…

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iRobot’s Roomba will soon be owned by Amazon, which raises privacy questions

iRobot’s Roomba will soon be owned by Amazon, which raises privacy questions

Less than two weeks after the announcement of its acquisition of US healthcare company One Medical, Amazon is continuing its expansion with a US$1.7 billion offer for iRobot, the manufacturer of Roomba automated vacuum cleaners.…

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More cash needed to save Britons from destitution in energy crisis

More cash needed to save Britons from destitution in energy crisis

© Reuters. Britain’s Rishi Sunak meets Tory members at Fontwell Park Racecourse as part of his campaign to be leader of the Conservative Party and the next prime minister, in Fontwell, Britain, July 30, 2022.…

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How to fix the pensions triple lock but still protect pensioners from high inflation

How to fix the pensions triple lock but still protect pensioners from high inflation

Plans to increase state pension payments in line with inflation have been reinstated by the UK government and are supported by both of the contenders for the Conservative party leadership. But even if inflation was…

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El Salvador abolishes statistics agency

El Salvador abolishes statistics agency

National Palace of El Salvador, San Salvador The Legislative Assembly of El Salvador voted on August 9 to dissolve the country’s statistical agency and transfer its functions to the Central Reserve Bank.  The government says…

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Alaska diesel spill of 18,000 gallons contained, may be from valve seal failure By Reuters

Alaska diesel spill of 18,000 gallons contained, may be from valve seal failure By Reuters

(Reuters) -A spill of about 18,000 gallons (81,830 liters) of diesel fuel at North Slope Borough’s Point Lay tank farm in Alaska has been contained, thought to have been caused by a valve seal failure,…

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Its climate promise relies heavily on carbon capture, meaning thousands of miles of pipeline

Its climate promise relies heavily on carbon capture, meaning thousands of miles of pipeline

The U.S. House passed a sweeping climate, energy and health care bill on Aug. 12, 2022, that contains about US$370 billion to foster clean energy development and combat climate change, constituting the largest federal climate…

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