More than 100 Post Office branches and hundreds of head office jobs are at risk as part of a radical shake-up of the business, the BBC understands. Under the plan, 115 loss-making branches wholly owned by the Post Office could be closed. The Post Office is looking at options including alternative franchise arrangements where another…
Getty Images Financial markets greeted Donald Trump’s victory in the US presidential election with a blistering rally. That’s despite considerable debate about how Trump’s plans for tariffs, lower taxes and mass migrant deportations might affect the world’s largest economy. A week on, the surge finally appears to be settling. The three major stock indexes in…
LIMA, Peru — If things had gone differently last week, U.S. President Joe Biden could have arrived at the Asia-Pacific Economic Cooperation forum in Peru on Thursday projecting confidence and pledging his successor’s cooperation with eager Latin American partners. No longer. Just as in 2016, the last time that Peru’s capital Lima hosted APEC, Donald…
BBC A Stitch puppet (left) with Richard North from Wow Stuff at the DreamToys event Toy sales have fallen for a third year in a row as family budgets are squeezed – but adults are buying childhood favourites to escape their troubles, research suggests. A falling birth rate, the cost of living and fewer big…
HONG KONG — Asian stocks on Wednesday followed Wall Street lower as momentum cooled for the torrid “Trump trade” that swept U.S. markets following Donald Trump’s presidential victory. Japan’s benchmark Nikkei 225 slipped 1.1% in morning trading to 38,953.44, as wholesale inflation reached its highest level since July of last year. The corporate goods price…
Tech titan Elon Musk, who has been advising President-elect Donald Trump, doubled down on his calls to prosecute former chief medical advisor Dr. Anthony Fauci. “My pronouns are still prosecute/Fauci,” Musk wrote on X on Tuesday. The post was a reply to a pro-Trump account with the handle “Insurrection Barbie.” “Fauci retired from the federal…
BANGKOK — A hacking group that is believed to be Chinese state-sponsored has compromised two websites with ties to the Tibetan community in an attack meant to install malware on users’ computers, according to findings released Wednesday by a private cybersecurity firm. The hack of the Tibet Post and Gyudmed Tantric University websites appears geared…
Billionaire hedge fund manager John Paulson withdrew his name for consideration as treasury secretary in a second Trump administration — citing his “complex financial obligations,” according to a report. “Although various media outlets have mentioned me as a candidate for Secretary of the Treasury, my complex financial obligations would prevent me from holding an official…
The price of this year’s Thanksgiving feast for cost-conscious shoppers who buy store-brand products will be more expensive than last year, according to a report released Tuesday. A meal consisting of store labeled turkey, stuffing, salad, cranberries, dinner rolls and pumpkin pie that feeds 10 people will cost $73 — a 2.7% increase from last…
BATON ROUGE, La. — Louisiana’s GOP-dominated House of Representatives on Tuesday overwhelmingly passed individual and corporate tax cuts, along with a constitutional amendment — all key provisions in Gov. Jeff Landry’s sweeping tax reform package, the centerpiece of the state’s third special legislative session of the year. The House voted 87-12 to flatten individual income…
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