Browsing: Business

The Guardian says Ministers and trade unions have condemned P&O Ferries’ mass sacking of 800 British seafarers to replace them with agency crew.

The Independent say Cineworld has said a “strong” slate of films at the end of 2021, including James Bond film No Time To Die and Spider-Man: No Way Home, helped audience numbers to rebound sharply.

Arab News says on Tuesday, oil prices fell to a two-week low following continued ceasefire talks between Russia and Ukraine.

The Guardian says the poorest households in the UK could see their cost of living jump by as much as 10% by this autumn if Russia’s invasion leads to a prolonged conflict.

The Guardian says Britain’s economy bounced back from the Omicron variant of coronavirus at a faster pace than expected during January, as consumers returned to eating and drinking out in pubs and restaurants.

TRT World says McDonald’s, Starbucks, Coca-Cola, PepsiCo and General Electric –– ubiquitous global brands and symbols of US corporate might.

The Metro says Energy giant Shell has announced it will stop buying oil and gas from Russia and shut all of its service stations in the country.

The Independent says the economic fallout from conflict in Ukraine will help trigger the biggest fall in living standards for Brits since the mid-1970s, according to the Resolution Foundation, a leading think tank.

The Independent says Oil prices soared on Sunday to their highest point since mid-2008, as the global market continued to suffer the consequences of Russia’s assault on Ukraine.

The Metro says some 2,000 workers at Sainsbury’s may lose their jobs after the supermarket is set to shut around 200 of its in-store cafes.