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Tag Archives: Economy

Meet the enigmatic Czech billionaire who wants to buy Britain’s Royal Mail | Business

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US Fed to balance banking woes, inflation in next rate decision

WASHINGTON U.S. central bankers face an unenviable task when they gather in Washington this week: Tackling persistent inflation without adding to financial sector turmoil after Silicon Valley Bank’s rapid collapse. class=’cf’> The Federal Reserve has raised rates eight times since last year in the face of decades-high inflation as it …

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Royal Mail facing ‘systemic failure’

LONDON Alamy Photo Britain’s Royal Mail has “systemically failed” to meet its mail delivery requirement, lawmakers have said, calling upon regulator Ofcom to probe the postal operator. class=’cf’> “We believe that Royal Mail has systemically failed to deliver against parts of its universal service obligation,” read a report from the …

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