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- Unemployment Casts a Shadow Over California’s EconomyTech layoffs, fallout from Hollywood strikes and an uptick in rural joblessness problem a state with one of many nation’s highest unemployment rates.
- Starbucks stated on Monday that it meant to cut price “in good faith” with a Buffalo store where staff voted to unionize this month after a typically contentious election campaign.
- Japan’s latest wage figures cemented expectations the central financial institution will hike interest rates for the first time since 2007.
- The Reserve Bank of India Wednesday directed banks and card community companies, corresponding to American Express, Mastercard, Rupay, and Visa, to end exclusive pacts on credit cards, doubtlessly compelling banks to rejig customer offers.
The bank declared a ultimate dividend of R10.22 per share, surpassing analyst estimates. With its three main store brands – Shoprite, Checkers and Usave – all posting double-digit sales growth. Seven months after year-end its financial outcomes have nonetheless not been revealed.