Category: scales
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HSBC slashes costs by 8% in $1.5bn drive as it scales back net-zero pledges
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HSBC has revealed plans to reduce employment costs by 8 % in a batch to save $ 1.5 billion, as thousands of UK employees are expected to bear the loss of losses. The bank’s CEO, George Ilidri, announced that although there are a large number of HSBC employees at less…
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Balancing the Scales of Medicine and Life
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Dr. Suganthan Kailasanathan is a dedicated family physician and the founder/CEO and visionary of the Virtual Healthcare service, designed to enhance patient care through technology. Born and raised in the Seychelles Islands before immigrating to Canada in 1988, he brings a unique perspective to his practice, shaped by a diverse…
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Walmart scales back diversity initiatives after pressure from conservative activist
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Walmart, the world’s largest retailer, announced it will no longer consider race and gender policies when awarding supplier contracts after facing pressure from conservative activist Robbie Starbuck. The company is backing away from several diversity, equity and inclusion (DEI) initiatives after criticism that they hurt certain groups. As part of…
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State scales down police presence as KPSEA starts
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More than 1.3 million Grade 6 learners began the Kenya Primary School Education Assessment (KPSEA) on Monday morning. Unlike during other national exams, the government has reduced police presence in classrooms. Education Cabinet Secretary Julius Ogamba said security officers will only accompany subjects but will not allow them to enter…
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State scales down police presence as KPSEA starts
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More than 1.3 million Grade 6 learners began the Kenya Primary School Education Assessment (KPSEA) on Monday morning. Unlike during other national exams, the government has reduced police presence in classrooms. Education Cabinet Secretary Julius Ogamba said security officers will only accompany subjects but will not allow them to enter…
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Pemex’s Deer Park oil refinery scales back operations after fatal accident By Reuters
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MEXICO CITY/HOUSTON (Reuters) – Mexico’s national oil company said in a statement late on Friday that Pemex’s Deer Park oil refinery near Houston would operate over the weekend at a reduced level after a deadly chemical leak two days earlier. The state-owned oil company said it was continuing to investigate…
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Volvo Cars scales back margin and revenue ambitions By Reuters
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By Mary Manis and Nick Carey (Reuters) – Swedish carmaker Volvo Cars cut its margin and revenue ambitions for the second time in a year on Thursday, a day after abandoning its electric-only target as tariffs and weak demand for electric vehicles continue to weigh. Slowing demand for electric vehicles,…