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More than 2,500 jobs at risk in Lloyds shakeup - The Guardian
More than 2,500 jobs at risk in Lloyds shakeup - The Guardian
More than 2,500 jobs are at risk at Lloyds Banking Group, which is set to become the latest
2023-11-25 01:58
China Halts Buying Taiwan Mangoes Amid Tensions, Blaming Pests
China Halts Buying Taiwan Mangoes Amid Tensions, Blaming Pests
China suspended imports of Taiwan mangoes, saying mealybug pests were found in the fruit, in a possible example
2023-08-21 16:54
Renesas Unveils Processor Roadmap for Next-Gen Automotive SoCs and MCUs
Renesas Unveils Processor Roadmap for Next-Gen Automotive SoCs and MCUs
TOKYO--(BUSINESS WIRE)--Nov 7, 2023--
2023-11-08 00:51
Japan and Vietnam agree to boost ties and start discussing Japanese military aid amid China threat
Japan and Vietnam agree to boost ties and start discussing Japanese military aid amid China threat
Japan and Vietnam have agreed to boost their security and economic ties in the face of China’s growing influence in the region
2023-11-27 22:46
Putin calls armed rebellion by mercenary chief a betrayal and vows to defend Russia
Putin calls armed rebellion by mercenary chief a betrayal and vows to defend Russia
President Vladimir Putin is vowing to defend Russia against an armed rebellion by mercenary chief Yevgeny Prigozhin, who led his troops out of Ukraine and into a key city south of Moscow
2023-06-24 18:54
Disney-DeSantis Case Given to Judge Who Upheld Law Behind Feud
Disney-DeSantis Case Given to Judge Who Upheld Law Behind Feud
Walt Disney Co.’s lawsuit against Ron DeSantis was reassigned to the Donald Trump-appointed judge who previously upheld the
2023-06-03 01:55
Adidas HR chief latest board member to leave since arrival of Gulden as CEO
Adidas HR chief latest board member to leave since arrival of Gulden as CEO
BERLIN Adidas said on Wednesday that its HR chief Amanda Rajkumar would leave the company this month after
2023-07-05 16:50
Biden to Speak With McCarthy on Stalled Debt-Limit Talks
Biden to Speak With McCarthy on Stalled Debt-Limit Talks
President Joe Biden will hold a call with House Speaker Kevin McCarthy about the debt-ceiling and budget negotiations
2023-05-21 16:26
Amazon Posts Strong Revenue, Profit on Web Sales, Cost Cuts
Amazon Posts Strong Revenue, Profit on Web Sales, Cost Cuts
Amazon.com Inc. reported revenue and profit that topped analysts’ estimates, buoyed by rising sales in its retail unit
2023-10-27 07:23
Singapore PM Sends Transport Chief on Leave Amid Graft Probe
Singapore PM Sends Transport Chief on Leave Amid Graft Probe
Singapore Prime Minister Lee Hsien Loong said he instructed Transport Minister S. Iswaran to go on leave as
2023-07-12 10:23
Leicester fined up to £880,000 over price fixing with JD Sports
Leicester fined up to £880,000 over price fixing with JD Sports
Leicester are to be fined up to £880,000 after “colluding to restrict competition” alongside JD Sports in the sales of club clothing, including replica kit, according to the UK competition watchdog. The Competition and Markets Authority (CMA) has said the Sky Bet Championship side and JD Sports have admitted to anti-competitive behaviour, which include “price fixing conduct”. The parties broke competition law between 2018 and 2021 with arrangements which limited competition in the sale of clothing, the CMA said it has provisionally found. Leicester and its parent companies have agreed to pay a fine up to the watchdog’s maximum penalty of £880,000. JD Sports will avoid a fine after reporting the illegal activity. In August 2018, JD Sports said it would stop selling Leicester-branded clothing online for the 2018-19 season, and in January 2019, JD Sports agreed it would not “undercut” the club in terms of online sales for the following season by applying a delivery charge to all orders, the CMA said. It said JD Sports continued the agreement to sell all Leicester clothing with the charge until at least January 2021. Michael Grenfell, executive director of enforcement at the CMA, said: “Strong and unimpeded competition between retailers is essential to consumers’ ability to shop around for the best deals. “Football fans are well-known for their loyalty towards their teams. In this case we have provisionally found that Leicester City FC and JD Sports colluded to share out markets and fix prices with the result that fans may have ended up paying more than they would otherwise have done. “Both parties have now admitted their involvement, allowing us to bring the investigation to a swift conclusion. “The fine that Leicester City FC and its parent companies have agreed to pay sends a clear message to them and other businesses that anti-competitive collusion will not be tolerated.” In response, Leicester stressed that no current club directors or senior management were involved in the arrangements. “These arrangements related to a limited number of bulk orders by JD Sports, which were accepted by the club’s retail sales team over the relevant period,” the club added. “There was no intention on the part of the club to unlawfully restrict the resale of the goods supplied and no material financial advantage to be gained from doing so, given the limited amount of kit supplied to JD Sports. “However, the club accepts the CMA’s findings and has taken steps to strengthen its training and compliance measures to ensure the club’s retail operations fully comply with competition law.” JD Sports also highlighted that current or former directors or senior management of JD were involved in the offending conduct and that it signed a leniency agreement with the CMA last month. The company added: “JD has taken a number of steps to strengthen its competition compliance programme and the board reaffirms its commitment to making the necessary resource available, internal and external, to ensure that this is embedded into its daily operations.” It comes almost a year after JD Sports, rival Elite Sports and Rangers were handed fines over price fixing on replica kits. Read More Charity boss speaks out over ‘traumatic’ encounter with royal aide Ukraine war’s heaviest fight rages in east - follow live Paris St Germain sack Christophe Galtier Wimbledon schedule further affected as rain prevents play on Wednesday morning Keira Walsh fears injury ‘every time I go on the pitch’ due to increased load
2023-07-05 20:28
Yellen Friend-Shoring Push in Authoritarian Vietnam Draws Flack
Yellen Friend-Shoring Push in Authoritarian Vietnam Draws Flack
Treasury Secretary Janet Yellen’s push to elevate economic ties with Vietnam, on display with a high-profile trip this
2023-07-21 13:51