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Thai economy expanding as policy rate nears stability level - central bank minutes
Thai economy expanding as policy rate nears stability level - central bank minutes
BANGKOK Thailand's economy should continue to expand as the policy rate is approaching a level consistent with long
2023-08-16 11:24
NZ central bank leaves cash rate on hold at 5.5%, as expected
NZ central bank leaves cash rate on hold at 5.5%, as expected
By Lucy Craymer WELLINGTON New Zealand's central bank held the cash rate steady at 5.5% on Wednesday, as
2023-08-16 10:53
Bank of Ireland warning over cash machine glitch reports
Bank of Ireland warning over cash machine glitch reports
The glitch reportedly allows people to withdraw large sums regardless of what is in their account.
2023-08-16 07:48
JPMorgan, US Virgin Islands trade accusations over Epstein
JPMorgan, US Virgin Islands trade accusations over Epstein
NEW YORK JPMorgan Chase and the U.S. Virgin Islands traded new accusations this week in legal filings over
2023-08-16 06:16
Nestlé recalls Toll House cookie dough
Nestlé recalls Toll House cookie dough
Nestlé USA is recalling a “limited quantity” of its Toll House Chocolate Chip Cookie Dough “break and bake” after fragmented pieces of wood were found in some packages. On 10 August, the food and drink corporation announced the news in a press release published on its website. According to the company, it had identified two batches of the 16.5 oz product produced on 24 and 25 April as being the reason for the recall, “due to the potential presence of wood fragments”. “This recall does not involve any other Nestlé Toll House products, including other varieties of refrigerated cookie dough in ‘break and bake’ bars, rolls, or tubs, or Edible cookie dough,” the statement read. Nestlé directed consumers’ attention to the recalled batch codes to avoid, both 16.5 oz bags with 311457531K or 311557534K. The company warned people who have already purchased these batches to “not prepare or consume the product” and urged them to “return the product to the retailer where it was purchased for a replacement or refund”. There have been no reported injuries or illnesses related to the recall, according to the confectioners. “We are taking this action out of an abundance of caution after a small number of consumers contacted Nestlé USA about this issue,” the release proclaimed. “The quality, safety and integrity of our products remain our number one priority. We sincerely apologise for any inconvenience this action represents to both our consumers and retail customers.” Nestlé also said it is in contact with the US Drug and Food Administration (FDA) about the recall, according to their press release. Anyone in need of support or with any further questions is encouraged to contact the company’s customer service line at (800) 681-1678 Monday through Friday, between 9am and 6pm ET. The recall comes after Nestlé voluntarily recalled its Stuffed Chocolate Chip Cookie Dough with Fudge Filling because of the “potential presence of white plastic pieces” in October of 2022. The Independent has contacted Nestlé for further comment. Read More Advocates sue federal government for failing to ban imports of cocoa harvested by children Sugary cereals and yoghurts must remove child-friendly packaging – health group Nestle reveals reason behind price increase of its most popular chocolate bar
2023-08-16 03:51
US Steel rejects buyout offer from rival Cleveland-Cliffs
US Steel rejects buyout offer from rival Cleveland-Cliffs
Shares of US Steel soared Monday on news that rival Cleveland-Cliffs has proposed a purchase of the company, a move that would create the nation's largest steelmaker.
2023-08-15 00:18
Union leader: Cleveland-Cliffs is the best strategic buyer of U.S. Steel
Union leader: Cleveland-Cliffs is the best strategic buyer of U.S. Steel
By Bianca Flowers CHICAGO The United Steelworkers (USW) international president said on Monday that the union supports North
2023-08-15 00:15
Experts have pinpointed exactly when society will collapse
Experts have pinpointed exactly when society will collapse
A prediction about when society is most likely to collapse, made by scientists in the 1970s, has resurfaced – and it looks pretty bleak. Scientists at the Massachusetts Institute of Technology (MIT) used a computer to model patterns like population, natural resources and energy usage. The study, published by Club of Rome, picked out when these factors could hit “limits to growth”, which they said could lead to the downfall of modern life as we know it. They think we’ve got fewer than two decades left, with collapse due in 2040. Gulp. Sign up to our free Indy100 weekly newsletter At the time, the report wasn’t given much credence. But a similar study was carried out in 2009, and came up with similar results. Published by American Scientist, the more recent study found that the model’s results were “almost exactly on course”. "It is important to recognise that its predictions have not been invalidated and in fact seem quite on target. We are not aware of any model made by economists that is as accurate over such a long time span," the study said. And to make matters worse, Dutch sustainability researcher Gaya Herrington concurred with the prediction in 2021. Speaking to The Guardian, Herrington said: “From a research perspective, I felt a data check of a decades-old model against empirical observations would be an interesting exercise.” Herrington found that data aligned with the predictions made back in 1972, which had a worse case scenario of economic growth coming to halt at the end of this decade, and collapse around 10 years later. Thankfully, there was a reason to be cheerful too. She added: “The key finding of my study is that we still have a choice to align with a scenario that does not end in collapse. "With innovation in business, along with new developments by governments and civil society, continuing to update the model provides another perspective on the challenges and opportunities we have to create a more sustainable world.” Have your say in our news democracy. Click the upvote icon at the top of the page to help raise this article through the indy100 rankings.
2023-08-14 19:28
Target recalls 2.2 million candles that pose a safety threat
Target recalls 2.2 million candles that pose a safety threat
Target is recalling 2.2 million candles following reports that the glass jars containing them are "breaking or cracking during use," resulting in one minor injury.
2023-08-12 02:19
New Zealand plans to require large firms to report gender pay gaps
New Zealand plans to require large firms to report gender pay gaps
New Zealand's government plans to compel large businesses to report the state of their gender pay gaps in a bid to increase equity in the workplace, the country's Minister for Women Jan Tinetti announced Friday as the ruling Labour party gears up for an election fight.
2023-08-11 11:53
China property giant Country Garden warns of up to $7.6bn loss
China property giant Country Garden warns of up to $7.6bn loss
It is the latest signal of the major issues faced by the world's second largest economy.
2023-08-11 10:29
Serial fraudster Mark Acklom freed from Spanish jail, court told
Serial fraudster Mark Acklom freed from Spanish jail, court told
Mark Acklom was jailed in the UK for conning an ex-partner of £300k and then extradited to Spain.
2023-08-10 21:52
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