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Archive for May 1st, 2008More Grangemouth refinery talksPosted by UK Economy News
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1May 08 More talks are likely next week between management and workers to resolve a dispute at the Grangemouth refinery that led to a two-day strike this week, a union official said on Thursday.
Read full story Discrimination suit vs Bloomberg grows to 58 womenPosted by UK Economy News
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1May 08 The number of pregnant women at financial services firm Bloomberg LP who claim to have suffered sex discrimination has grown to 58 from three, according to an attorney for the U.S. Equal Employment Opportunity Commission.
Read full story Comments Off More Grangemouth talks planned for next week-BBCPosted by UK Economy News
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1May 08 Further talks between management and unions are likely to take place at the Grangemouth refinery in Scotland next week, the BBC reported on Thursday.
Read full story Comments Off US consumer spending rises in March on higher pricesPosted by UK Economy News
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1May 08 US consumers spent more in March than in February, but much of the gain was due to higher-priced food, energy and services, government data showed Thursday.
Read full story Comments Off Hull ready to bridge the quality gap after 104 yearsPosted by UK Economy News
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1May 08 More than a century after their formation and less than a decade after almost going out of business, Hull City are within touching distance of the top flight of English football for the first time.
Read full story Comments Off Shell to exit wind projectPosted by UK Economy News
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1May 08 Royal Dutch Shell aims to sell its stake in one of the world's largest planned wind farms, drawing criticism from the government, its partners and environmentalists for jeopardising the project.
Read full story Comments Off Nigeria union, Exxon resume talks to end 8-day strikePosted by UK Economy News
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1May 08 Nigerian oil union leaders restarted talks with Exxon Mobil on Thursday in a bid to end an eight-day-old strike which has shut down nearly all the U.S. oil major's production in the West African country.
Read full story Comments Off Exxon, Shell say production still down in NigeriaPosted by UK Economy News
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1May 08 Exxon Mobil said on Thursday its production in Nigeria remained shut in while talks with striking unions continued, denying market rumours that it had begun to restart its 800,000 barrels per day (bpd) output.
Read full story Comments Off Bank of England says credit crunch concerns overstatedPosted by UK Economy News
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1May 08 The Bank of England said Thursday that British commercial banks had overestimated their exposure to the collapsed US subprime home loan sector and the subsequent global squeeze on credit.
Read full story Comments Off India steelmaker Essar seals US deal at $1.1 blnPosted by UK Economy News
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1May 08 Indian steelmaker Essar Steel said Thursday it would buy US steel company Esmark Inc, valuing the deal at 1.1 billion dollars, as it pushes ahead with a North American expansion drive.
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