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Britain ready to support Rolls-Royce employees over job cuts
June 1, 2020May 26, 2020 ims-nowcom

Britain ready to support Rolls-Royce employees over job cuts

Business

Britain’s government stands ready to help those affected by a plan at engine maker Rolls-Royce (RR.L) to cut at least 9,000 jobs, a spokesman for

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Britain’s Rolls-Royce to axe 9,000 jobs in air travel slump
May 31, 2020May 26, 2020 ims-nowcom

Britain’s Rolls-Royce to axe 9,000 jobs in air travel slump

Business

Rolls-Royce (RR.L) plans to cut at least 9,000 jobs, or more than a sixth of its workforce, in the latest blows to the UK economy

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Johnson & Johnson to stop selling talc baby powder in U.S. and Canada
May 30, 2020May 26, 2020 ims-nowcom

Johnson & Johnson to stop selling talc baby powder in U.S. and Canada

Business

Johnson & Johnson will stop selling its talc Baby Powder in the United States and Canada, it announced on Tuesday, saying demand had fallen in

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OPEC chief says oil market responding well to record OPEC+ cut
May 29, 2020May 26, 2020 ims-nowcom

OPEC chief says oil market responding well to record OPEC+ cut

Business

OPEC is encouraged by a rally in oil prices and strong adherence to its latest output cut, its secretary general said, although sources say the

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Lowe’s says surging sales will not last
May 28, 2020May 26, 2020 ims-nowcom

Lowe’s says surging sales will not last

Business

Lowe’s Cos Inc (LOW.N) warned on Wednesday that high spending on do-it-yourself projects by people hunkered down at home due to coronavirus lockdowns would taper

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Renault to re-open its Sandouville plant on Friday
May 27, 2020May 26, 2020 ims-nowcom

Renault to re-open its Sandouville plant on Friday

Business

French carmaker Renault (RENA.PA) will re-open its Normandy-based Sandouville plant in northwestern France on Friday, a trade union source told Reuters on Wednesday. Renault had

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Nestle to build new plant-based food facility in China under $100 million investment plan
May 26, 2020 ims-nowcom

Nestle to build new plant-based food facility in China under $100 million investment plan

Business

Food giant Nestle (NESN.S) said on Wednesday it would spend 100 million swiss francs ($103.58 million) on expanding its manufacturing footprint in China to include

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