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The Latest Breaking News from Economy

Malaysian PM Anwar will also hold finance post

KUALA LUMPUR: Malaysian Prime Minister Anwar Ibrahim has appointed himself as finance minister, betting he’s the best person to sustain the country’s fragile post-pandemic recovery as the economy heads for a slowdown next year.

Bangkok Post

‘We’re really boring right now’: Tories fret over flipside of Sunak stability

The party’s MPs are worried about how to be distinctive at the next election, a problem that is also troubling Labour

The Guardian - UK

Oil and gas boom will 'accelerate' Scotland's green energy revolution

A HUGE boost in oil and gas revenue could accelerate Scotland’s green revolution, an economist has said.

The National (Scotland)

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Study calls for more North East investment in women's professional sport

The report from Irwin Mitchell and the Centre for Economics and Business Research champions the potential for the sports economy

Birmingham Post

How L’Oréal, Target, and Coca-Cola are making moves in the circular economy

The circular economy is an essential part of fulfilling ESG goals.

Fortune

2022 Could be a Record Breaker for Kentucky's Ag Economy

Kentucky farmers are seeing financial gains even when coping with a variety of both economic and natural challenges. Those issues include inflation,

WEKU

Former employees may never be coming back–but their services are still for hire. Here’s how to know if you’re ready for the 1099 economy

The tech-enabled migration in the American workforce to the 1099 economy predates the pandemic. The latest wave of layoffs will push it even further.

Fortune

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Capital&Centric to deliver first phase of £70m Littlewoods film studio scheme

Littlewoods Studios is expected to support up to 3,650 jobs and result in an annual boost of £199m (GVA) to the local economy

Birmingham Post

Caixin New Economy Index Gets a Lift From Rising Labor Investment

The gauge that tracks the size of China’s burgeoning sectors rose to 30 in November, up 1.5 points

Caixin Global

Companies involved in university enterprise scheme SETSquared contribute £15.7bn to economy

The businesses have also created thousands of jobs over the last two decades, according to a new report

Birmingham Post

'Almost impossible' for Conservatives to win election and more will quit says Tory MP

Sir Charles Walker warned Prime Minister Rishi Sunak that Tories will 'pay the price' for 'playing' with people's finances after ex-PM Liz Truss trashed the economy with her mini-Budget

Daily Mirror

UK national highways workers to strike; US jobs growth beats forecasts – business live

Union members working on England’s roads have announced 12 days of strike action over Christmas and the new year, while US added 263,000 jobs in November

The Guardian - UK

FTSE 100 Live: US jobs market data in focus after sterling’s rally

A largely positive week for London shares and the pound is ending with the focus on developments in the US economy.

Evening Standard

Indian coal magnate Gautam Adani goes green

Asia’s richest man, coal magnate Gautam Adani, made his vast fortune betting on coal as an energy hungry India grew swiftly after its economy was liberalized in the 1990s

The Independent UK

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The Independent UK

Mexico tells US it wants to keep talking on trade disputes

Mexico's economy secretary has proposed yet another round of talks with the United States on a dispute over Mexico's energy sector

360info

Failures in fighting corruption can be overcome

Many anti-corruption movements fail, but by asking fundamental questions researchers offer three ways to tackle corruption cases.

Reuters

Mexico, U.S. trade officials discuss energy, corn exports, environment

U.S. Trade Representative Katherine Tai met Mexican Economy Minister Raquel Buenrostro and stressed the need to make progress in talks over Mexico's energy measures and its fisheries-related environmental laws, the USTR office said.

Reuters

Mexico invites U.S. trade team to third round of energy consultations

Mexico's Economy Ministry has invited U.S. Trade Representative Katherine Tai's team to hold third round of energy consultations in the coming days in Mexico City, according to an economy ministry statement published Thursday.

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AAP

Commodity economy 'not a source of shame'

Fossil fuels have given Australians an "awesome" standard of living but the economy needs to become more varied, international investors have been told.

Reuters

Analysis-As economy stutters, China's youth seek safety of civil service

As a physics student at the elite Peking University in Beijing, Lynn Lau was expecting big Chinese private sector companies to scour the campus this summer for upcoming talent.

Al Jazeera

US consumers step up spending in October as inflation cooled

Outlook was, however, darkened by news that manufacturing activity contracted in November for first time in 2.5 years.

The Independent UK

How restoring an ancient reindeer forest could help slow climate change

For years Finland’s economy has relied on logging but now figures show that Finnish forests, once net-carbon sinks, became carbon emitters for the first time last year. Shira Rubin meets the woman trying to save these woodlands

Bangkok Post

Oligarchical market control isn't healthy

On the face of it, the government of Prime Minister Prayut Chan-o-cha seems to be saying the right things about sustainable and inclusive growth. The prime minister himself has been touting a Bio-Circular-Green (BCG) economic model for Thailand, pitching it as the overarching theme of the recently concluded Asia-Pacific Economic…

Bangkok Post

CP chief wants biz students in workforce at 18

Dhanin Chearavanont, the senior chairman of Charoen Pokphand (CP) Group, has suggested business students graduate from university at 18 instead of 22 years old so that they can join the workforce and help the country's economy by gaining experience earlier.

StockNews.com

The 3 Worst Stocks to Buy in a Bear Market

Amid high prices and aggressive rate hikes, consumer confidence has declined for November. Moreover, several banks expect volatile economic conditions for 2023. Also, a recession hitting the U.S. economy seems likely in the coming year. Therefore, investors might avoid fundamentally weak stocks Carvana (CVNA), Opendoor Technologies (OPEN), and Skillz (SKLZ).…

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