Dishes of olive oil to be banned from restaurants? The EU's gone mad

guardian.co.uk 4 hours ago

It is independent producers who have the most to lose from this latest bizarre EU directive, so let's hope it is never enforced, writes James Ramsden

 
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Too soon to dial back Fed stimulus: Dudley

reuters.com 1 hour ago

NEW YORK (Reuters) - It is too soon to determine whether to dial down the Federal Reserve's massive bond-buying program, and the economic picture may not be clear enough to make that decision for...

 
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Google tackled by Nick Clegg on tax avoidance at No10 meeeting

guardian.co.uk 50 mins ago

Ed Miliband also warns Eric Schmidt at Google conference that it's wrong for multinationals not to pay fair share

 
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Steve Jobs’ Dream Device Has Arrived, and It's Made by Microsoft

slate.com 13 hours ago

Just before he died, Steve Jobs told his biographer Walter Isaacson about his dream for revolutionizing television...

 
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Hamilton leads the way with 'living wage'

nzherald.co.nz 13 hours ago

Hamilton has become the first city council in New Zealand to approve paying all staff a 'living wage', and Auckland and Wellington are considering following suit, a campaigner says

 
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Mortgage Applications Tumble Again

cnbc.com 1 hour ago

Applications for home mortgages dropped last week for a second-straight week, the Mortgage Bankers Association says.

 
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Thanks To QE Bernanke Has Injected Foreign Banks With Over $1 Trillion In Cash For First Time Ever

zerohedge.com 20 hours ago

Two years ago, Zero Hedge first made the observation that the bulk of Fed reserves (also known simply as " cash created out of thin air " because money is first and foremost fungible ...

 
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If parents have to pay for school work placements, their children will suffer

guardian.co.uk 3 hours ago

Libby Page: My work experience led to my first job, teaching me I had a value. Charging parents creates a class of haves and have nots

 
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IMF softens views on UK government's policies

news.yahoo.com 1 hour ago

LONDON (AP) — The International Monetary Fund has softened its assessment of the British government's economic policies, saying in a report Wednesday that it did well to ease its pace of austerity...

 
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One in five retiring in 2013 'will be below poverty line'

guardian.co.uk 6 hours ago

Study by Prudential finds many people are facing a bleak financial outlook, with 14% relying solely on state pension

 
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A sensible IMF back-down

blogs.ft.com 59 mins ago

In April, the International Monetary Fund positioned itself to go head-to-head with the UK government over its fiscal stance...

 
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Nationwide grabs biggest ever mortgage market share

telegraph.co.uk 1 hour ago

The UK's largest building society today claimed it had "played a major role in supporting the housing market" with record lending.

 
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Green deal: MPs blast government for failure to quantify success

guardian.co.uk 2 hours ago

Select committee report accuses ministers of failing to set clear goals for what they hope to achieve from flagship energy policy

 
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Impoverished Malawi sells presidential jet for $15 mln

news.yahoo.com 2 hours ago

LILONGWE (Reuters) - Malawi's luxury presidential jet, bought by late leader Bingu wa Mutharika, has been sold for $15 million to raise cash for the impoverished African country, a government official...

 
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Business news and markets: live

telegraph.co.uk 3 hours ago

Japan has reported its worst April trade deficit as a weak yen increased import costs and helped extend the run of monthly shortfalls to the longest in more than three decades.

 
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Tea party groups take anger to IRS offices across the nation

washingtontimes.com 2 hours ago

Crowds jammed onto the sidewalks in front of more than a dozen Internal Revenue Service offices nationwide Tuesday to protest the agency’s targeting of conservative organizations for extra scrutiny.

 
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Sir Mervyn King outvoted on QE for fourth month

telegraph.co.uk 2 hours ago

Sir Mervyn King continued to call for more money printing to stimulate the British economy this month, despite recent glimmers of hope for growth.

 
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Households 'ripped off' over energy bills as Ofgem says investigating company profits too...

telegraph.co.uk 4 hours ago

Families are at risk of being ripped off over their energy bills because the regulator is refusing to find out why companies are making “outrageous” profits, MPs said today.

 
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SSE fuels consumer anger as retail profits rise 30% to £410m

guardian.co.uk 5 hours ago

Scottish and Southern Energy posts results under the heading Earning the Right to Make a Profit

 
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Map: Killer Tornadoes Since 1950

slate.com 16 hours ago

Currently, 24 people are confirmed dead after a tornado swept through Moore, Okla., on Monday, leaving devastation in its wake...

 
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Sterling slides as retail sales soften

telegraph.co.uk 2 hours ago

Sterling sank against the dollar on Wednesday after official figures revealed an unexpected decline in retail sales last month, led by a sharp fall in food sales.

 
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Temp workers' payslips: how to check you're not being short-changed

careers.guardian.co.uk 5 hours ago

Follow our checklist to ensure you're being paid properly and are making the right contributions

 
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Barclays slashes rate on Help to Buy fixed-rate mortgage

telegraph.co.uk 2 hours ago

Money MOT: How does Barclays' reduced rate on its three-year fixed-rate mortgages for first time home owners square up?

 
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One in five customers to switch bank accounts

telegraph.co.uk 1 hour ago

Soon customers may be more likely to move bank account, than get divorced - with new slicker switching process.

 
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China's Li offers to help end Pakistan's energy crisis

news.yahoo.com 6 hours ago

By Nick Macfie ISLAMABAD (Reuters) - China and Pakistan should make cooperation on power generation a priority, Chinese Premier Li Keqiang said, as Islamabad seeks to end an energy crisis that...

 
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Massachusetts Employees Will Keep Their Health Plans

economix.blogs.nytimes.com 8 hours ago

Because the state’s employees are relatively highly paid, the impact of Massachusetts’ health care reform is likely to be different than that of the Affordable Care Act, an economist writes.

 
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14 Simple Ways to Get Considerably More Done

business.time.com 20 May

Don't think it's possible because you're already working in overdrive? Here's a new way to look at your to-do list.

 
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One in seven to retire without a pension

telegraph.co.uk 13 hours ago

One in seven workers planning to retire this year will be solely reliant on the state for their income.

 
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Corgenix Announces Diagnostic Development Agreement with Lilly

fool.com 1 hour ago

“We are very pleased to enter into this new and exciting collaboration with Lilly,” said Douglass Simpson, President and CEO of Corgenix, “This relationship strengthens our company’s program of...

 
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Retail sales fall 1.3pc: economist reaction

telegraph.co.uk 2 hours ago

As retail sales took an unexpected turn for the worse in April, slipping 1.3pc month-on-month, economists warned that Britain is not out of the woods yet.

 
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HSBC's Stephen King: fiscal stimulus now an 'addictive painkiller'

telegraph.co.uk 3 hours ago

Economist Stephen King talks to Philip Aldrick about his new book 'When the Money Runs Out', and why loose monetary policy has unintended consequences.

 
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BOJ keeps policy on hold; Kiuchi proposes looser price target timeframe

reuters.com 9 hours ago

TOKYO (Reuters) - The Bank of Japan on Wednesday decided to keep monetary policy on hold, but one board member tried unsuccessfully to loosen the central bank's commitment to achieving its 2 percent...

 
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Visualizing The Cost Of Mining Gold

zerohedge.com 10 hours ago

There are over 3 billion ounces of gold in the world's deposits. The Top 50 of these mines alone contain over one-third of the total gold...

 
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Reinvigorating Egypt’s Economy by Mohamed A. El-Erian

project-syndicate.org 20 May

While blaming the revolution is not a persuasive explanation for Egypt’s current economic woes, its appeal to many Egyptians is understandable...

 
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All the news that's fit to fake

economist.com 9 hours ago

AT 9AM on a Friday morning, Cyrus Broacha and his team are busy finalising the script for their weekly satirical take on India’s news. This particular week’s big...

 
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