UK inflation falls by more than anticipated to a 15-month low of 7.9%; may limit interest rate hikes
By The Associated Press on July 19th, 2023
LONDON (AP) – Inflation in the U.K. has fallen by more than anticipated to a 15-month low, official figures showed Wednesday, a development that may ease the pressure for the Bank of England to raise interest rates sharply over the coming months. The Office for National Statistics said that inflation, as measured by the consumer ... Read More »
Be the first to comment!UK inflation falls by more than anticipated to 15-month low of 7.9%; may limit interest rate hiikes
By The Associated Press on July 19th, 2023
LONDON (AP) – Inflation in the U.K. has fallen by more than anticipated to a 15-month low, official figures showed Wednesday, a development that may ease the pressure for the Bank of England to raise interest rates sharply over the coming months. The Office for National Statistics said that inflation, as measured by the consumer ... Read More »
Be the first to comment!Metro workers at 27 stores across GTA reach a deal and avoid a strike
By The Canadian Press on July 19th, 2023
TORONTO – Metro workers at 27 grocery stores across the Greater Toronto Area reached a deal with the grocery giant just after midnight when they were set to go on strike. In a statement, Unifor National President Lana Payne says “This is a milestone agreement that underscores Unifor’s deep commitment to grocery workers in the ... Read More »
Be the first to comment!Britain’s MI6 intelligence chief says AI won’t replace the need for human spies
By Jill Lawless, The Associated Press on July 19th, 2023
PRAGUE (AP) – Artificial intelligence will change the world of espionage, but it won’t replace the need for human spies, the head of Britain’s MI6 intelligence agency says in prepared remarks released Wednesday. Richard Moore, director of the U.K.’s foreign intelligence agency, is set to speak in Prague on evolving threats to the West from ... Read More »
Be the first to comment!‘Oppenheimer’ stirs up conflicted history for Los Alamos and New Mexico downwinders
By Susan Montoya Bryan, The Associated Press on July 18th, 2023
LOS ALAMOS, N.M. (AP) – The movie about a man who changed the course of the world’s history by shepherding the development of the first atomic bomb is expected to be a blockbuster, dramatic and full of suspense. On the sidelines will be a community downwind from the testing site in the southern New Mexico ... Read More »
Be the first to comment!Stock market today: Asian shares are mixed after Wall St logs 15-month high close on AI hopes
By Elaine Kurtenbach, The Associated Press on July 18th, 2023
BANGKOK (AP) – Asian shares were mixed on Wednesday after Wall Street’s frenzy around artificial intelligence and stronger-than-expected profit reports from big financial companies helped pushed U.S. stocks to their best level in more than 15 months. Shanghai and Hong Kong fell on selling of property shares after troubled developer China Evergrande reported its total ... Read More »
Be the first to comment!Chinese livestreamers set their sights on TikTok sales to shoppers in the US and Europe
By Zen Soo, The Associated Press on July 18th, 2023
HONG KONG (AP) – Chinese livestreamers have set their sights on TikTok shoppers in the U.S. and Europe, hawking everything from bags and apparel to crystals with their eyes on a potentially lucrative market, despite uncertainties over the platform’s future in the U.S. and elsewhere. In China, where livestreaming ecommerce is forecast to reach 4.9 ... Read More »
Be the first to comment!Voting fraud claims spread ahead of Spanish election
By David Klepper, The Associated Press on July 18th, 2023
WASHINGTON (AP) – Days before Spain holds a pivotal election, misleading claims about mail ballots and election fraud are spreading on social media and casting doubts about the results even before the votes have been counted. The allegations, amplified by supporters of the center-right Popular Party and the far-right Vox Party, bear striking similarities to ... Read More »
Be the first to comment!India sets sights on home-mined minerals to boost its clean energy plans
By Anupam Nath And Sibi Arasu, The Associated Press on July 18th, 2023
KALIAPANI, India (AP) – In the dusty mountains of eastern India, workers at the country’s largest chromium deposit have mined for the essential ore, rain or shine, for around 60 years. The industry is fruitful in some ways – hundreds of trucks stacked with mineral-rich soil journey back and forth regularly between the mine and ... Read More »
Be the first to comment!First-gen iPhone sells at auction for $190K – about 380 times its original price
By The Associated Press on July 18th, 2023
A first-generation iPhone has sold at auction for $190,373, almost 380 times its original price of $499 when the groundbreaking device went for sale in 2007. LCG Auctions, which hosted Sunday’s sale, said the 4GB iPhone model was 20 times rarer than the 8GB model released at the same time for $599. That’s largely because ... Read More »
Be the first to comment!B.C. port strike back on after union rejects deal, saying four-year term is too long
By Chuck Chiang, The Canadian Press on July 18th, 2023
VANCOUVER – The union representing British Columbia’s port workers has rejected a mediator’s tentative agreement that had ended strike action last week. Rob Ashton, the president of the International Longshore Workers Union Canada, says in a statement that its caucus does not believe the deal can protect jobs “now or into the future.” Ashton also ... Read More »
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