Goldman Sachs cuts China growth forecast over power outages

“Considerable uncertainty remains with respect to the fourth quarter, with both upside and downside risks relating principally to the government’s approach to managing the Evergrande stresses, the strictness of environmental target enforcement and the degree of policy easing,” Goldman said.

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Marmite maker Unilever to cut 1,500 jobs worldwide

Unilever's 80 brands are currently divided into three divisions: Beauty & Personal Care, Food & Refreshment, Home Care. The new structure spins off brands Ben & Jerry's, Magnum and Cornetto into a separate division called Ice Cream, headed by Matt Close.

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Holiday bookings jump as Covid travel tests axed

On Monday, Tom Watson, chairman of the Laboratory and Testing Industry Organisation, said the body had "consistently backed relaxing unnecessary restrictions", but added the "only way" to avoid future lockdowns was to maintain "a robust Covid testing regime to quickly...

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‘They were like bandits’ – how did the rich get richer?

"The particular form of QE benefits above all banks who have lots of assets - which are inflated by QE and people with assets generally [including] people in the property market, people who own companies, people in investment management like me," says hedge fund...

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