Category: Hike
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Boeing Proposes 35% Wage Hike in New Bid to End Lengthy Strike
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(Bloomberg) — Boeing Co. and the union representing 33,000 striking workers have reached a new agreement to end a work stoppage that has crippled the company’s aircraft manufacturing for more than a month and squeezed its finances. Most read from Bloomberg The proposal reached overnight in Seattle includes a 35%…
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Boeing Proposes 35% Wage Hike in New Bid to End Lengthy Strike
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(Bloomberg) — Boeing Co. and the union representing 33,000 striking workers have reached a new agreement to end a work stoppage that has crippled the company’s aircraft manufacturing for more than a month and squeezed its finances. Most read from Bloomberg The proposal reached overnight in Seattle includes a 35%…
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Boeing Proposes 35% Wage Hike in New Bid to End Lengthy Strike
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(Bloomberg) — Boeing Co. and the union representing 33,000 striking workers have reached a new agreement to end a work stoppage that has crippled the company’s aircraft manufacturing for more than a month and squeezed its finances. Most read from Bloomberg The proposal reached overnight in Seattle includes a 35%…
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Boeing Proposes 35% Wage Hike in New Bid to End Lengthy Strike
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(Bloomberg) — Boeing Co. and the union representing 33,000 striking workers have reached a new agreement to end a work stoppage that has crippled the company’s aircraft manufacturing for more than a month and squeezed its finances. Most read from Bloomberg The proposal reached overnight in Seattle includes a 35%…
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Boeing strike: union reaches new deal on wage hike, 401k
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Boeing and the union representing 33,000 striking workers have reached a new agreement to end a work stoppage that has paralyzed the company’s aircraft manufacturing business for more than a month and strained its finances. The proposal reached overnight in Seattle includes a 35% pay increase spread over four years,…
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Boeing strike: union reaches new deal on wage hike, 401k
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Boeing and the union representing 33,000 striking workers have reached a new agreement to end a work stoppage that has paralyzed the company’s aircraft manufacturing business for more than a month and strained its finances. The proposal reached overnight in Seattle includes a 35% pay increase spread over four years,…
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Lobby group urges Rachel Reeves to rethink non-dom tax hike to prevent exodus of wealthy residents
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Chancellor Rachel Reeves is facing pressure from lobbyists representing 74,000 non-UK residents to scale back planned tax changes, ahead of her next Budget. The newly formed group, called Foreign Investors for Britain, is due to meet government officials this week to urge a reconsideration of Reeves’ proposed overhaul of the…
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Rachel Reeves faces £25bn tax hike to avoid austerity, says IFS
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Rachel Reeves, the Chancellor of the Exchequer, is expected to introduce a £25bn tax rise in this month’s budget to avoid plunging Britain back into austerity, according to the Institute for Fiscal Studies (IFS). The Financial Services Institute has warned that tax rises would need to be double those introduced…
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Rachel Reeves faces £25bn tax hike to avoid austerity, says IFS
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Rachel Reeves, the Chancellor of the Exchequer, is expected to introduce a £25bn tax rise in this month’s budget to avoid plunging Britain back into austerity, according to the Institute for Fiscal Studies (IFS). The Financial Services Institute has warned that tax rises would need to be double those introduced…
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Bank of Japan rate hike plans “face political curve ball”
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We’ve followed the political machinations in Japan as they work to fend off the Bank of Japan’s interest rate hike plans. Reuters published this article late last week, ICYMI, and I updated it today. Worth reading for a summary of Japan’s interest rate hike policy: Bank of Japan Governor Kazuo…
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Bank of Japan rate hike plans “face political curve ball”
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We’ve followed the political machinations in Japan as they work to fend off the Bank of Japan’s interest rate hike plans. Reuters published this article late last week, ICYMI, and I updated it today. Worth reading for a summary of Japan’s interest rate hike policy: Bank of Japan Governor Kazuo…
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Japan’s business mood steady in July-Sept, keeps BOJ rate hike chance alive By Reuters
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Written by Makiko Yamazaki and Laika Kihara TOKYO (Reuters) – Japanese business sentiment stabilized in the three months through September, a closely watched survey showed, a sign that the economy remains on track toward a moderate recovery that leaves room for the central bank to raise interest rates further. But…
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Japan PM hopeful Ishiba sees ‘room’ for corporate tax hike, Kyodo reports By Reuters
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TOKYO (Reuters) – There is “room for raising” corporate taxes, former Japanese defence minister Shigeru Ishiba, a leading candidate in the ruling party leadership race, was quoted as saying late on Saturday by Kyodo News. “There are still companies that can bear the tax burden. I would like them to…
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Russia discussing hefty hike in ‘exit tax’ for foreign firms, RBC reports By Reuters
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MOSCOW (Reuters) – Russian authorities are discussing increasing the one-time contribution foreign companies leaving the country must make to the state budget to 40 percent from 15 percent, the RBC daily reported on Friday, citing four sources. Russia has steadily tightened exit requirements for foreign companies since Western sanctions were…
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Room to hike Kors prices seen in Tapestry-Capri merger, executive testifies By Reuters
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Written by Siddharth Kavali NEW YORK (Reuters) – Fashion retailer Tapestry Holdings Inc has room to raise prices and cut discounts on rival Capri’s Michael Kors brand if the two companies merge, a top executive at the company said on Tuesday, as regulators seek to block the $8.5 billion deal.…
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Boeing reaches labor deal with 25% pay hike, new plane commitment By Reuters
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By Alison Lambert and David Shepardson Boeing Co said Sunday it has reached a tentative agreement with a union representing more than 32,000 workers in the U.S. Pacific Northwest, in a deal that could help avert a potential strike that could begin on Sept. 13. The proposed four-year deal, which…
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Four million pensioners face council tax hike as single-person discount under threat
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Millions of pensioners living alone could face higher council tax bills if Housing Minister Angela Rayner scraps the 25% single occupant discount, potentially exacerbating financial pressures as they also face losing winter fuel payments. The analysis reveals that around half of the 8.4 million people affected by the potential abolition…
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Landlords rush to sell amid fears of capital gains tax hike
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The proportion of rental properties entering the sale market has reached a record high, driven by landlords’ concerns about a potential rise in capital gains tax in the upcoming Budget, according to property website Rightmove. Currently, 18% of properties previously listed for sale have been rented, compared with just 8%…
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Treasury mulls plan to hike VAT to 18.5%
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The government has already agreed to raise VAT to 18% from January 1, 2025 as part of a special budget passed after the war began. Israel’s Finance Ministry is considering a plan to raise VAT to 18.5% from its current 17%, if necessary, a source familiar with the matter told…
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Treasury mulls plan to hike VAT to 18.5%
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The government has already agreed to raise VAT to 18% from January 1, 2025 as part of a special budget passed after the war began. Israel’s Finance Ministry is considering a plan to raise VAT to 18.5% from its current 17%, if necessary, a source familiar with the matter told…