FINANCIAL TIMES PRESS DIGEST – MAY 11

FINANCIAL TIMES PRESS DIGEST - MAY 11

The top stories are listed below. These articles have not been verified by Reuters, and we cannot guarantee their authenticity. Headlines British Prime Minister Boris Johnson has indicated that the post-Brexit trade arrangement with Northern Ireland will be scrapped. To keep inflation under control, the Bank of England will have to boost rates to 2.5 percent next year. The Unite trade union has been denied recognition by the UK Financial Conduct Authority. The government of British Prime Minister Boris Johnson is on a collision course with the European Union after announcing plans to abandon post-Brexit trading agreements for Northern Ireland next week. According to the National Institute of Economic and Social Research, the Bank of England will need to hike interest rates to 2.5 percent and maintain them there until the middle of the decade to bring surging inflation under control. Labour union Unite failed to secure the right to formally represent workers at Britain’s Financial Conduct Authority, just days after calling the first strike to hit the watchdog since its formation nine years ago.

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Amara Raja Batteries fourth quarter profit drops 47.8% at Rs 98.85 cr, revenue rises 3.7%
Amara Raja Batteries fourth quarter profit drops 47.8% at Rs 98.85 cr, revenue rises 3.7%
Its total expenses were at Rs 2,064.13 crore in the March quarter of FY 2022. Amara Raja Batteries Ltd on Friday revealed a downfall of 47.80 percent in ...
After the United States, Canada blocks China's Huawei and ZTE from 5G networks
After the United States, Canada blocks China’s Huawei and ZTE from 5G networks
The five countries make up an intelligence-sharing arrangement named ‘Five Eyes’. After the US, Canada has now moved to ban Chinese telecommunication giants ...
Godzilla and Titans, an original series based on the Monsterverse, will be directed by Matthew Shakman, according to Apple TV+
Godzilla and Titans, an original series based on the Monsterverse, will be directed by Matthew Shakman, according to Apple TV+
Apple TV+ today revealed that Emmy Award-nominated director Matthew Shakman (“WandaVision,” upcoming “Star Trek” film, “The Great”) will direct the first two ...
Any restrictions on wheat exports would do more harm to India’s neighbors
Any restrictions on wheat exports would do more harm to India’s neighbors
The food ministry said India doesn’t see a case for controlling wheat exports, but cut the estimate for 2021-22 production. Bloomberg reported earlier this ...
Some Samsung Phones Now Enable Android Visible eSIM
Some Samsung Phones Now Enable Android Visible eSIM
Select Samsung phones are now compatible. An eSIM or embedded SIM works much like a normal SIM card. The only difference is that you don’t have to swap out ...
The Pebble Inventor Started a Campaign for a Small Android Phone
The Pebble Inventor Started a Campaign for a Small Android Phone
These are all solid reasons in our opinion, but despite that, there are currently no Android flagships with a screen size under 6-inches. So, in order to get ...
After all, PS1 games on PS Plus Premium may have trophies
After all, PS1 games on PS Plus Premium may have trophies
Agency intel reports that Syphon Filter will include Trophies when it arrives on the all-new PlayStation Plus. pic.twitter.com/YVdMixZxBR— Bend Studio is ...
G7 would help Ukraine with funding "to get through this", according to Yellen
G7 would help Ukraine with funding “to get through this”, according to Yellen
Yellen told reporters after the first day of a G7 finance ministers and central bank governors’ meeting here that pledges had surpassed the $15 billion in ...
Kohl's cuts profit forecast, becomes latest retailer to warn of pain from inflation
Kohl’s cuts profit forecast, becomes latest retailer to warn of pain from inflation
Demand at Kohl’s department stores, which dedicate most of the shelf space to products such as apparel, “considerably weakened” in April as consumers started ...
Piyush Goyal will represent India at the World Economic Forum in Davos
Piyush Goyal will represent India at the World Economic Forum in Davos
“This event will further strengthen India’s status as a vital and relevant stakeholder in defining the global narrative, especially as India prepares to take ...
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