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US Companies Announce Fewest October Job Cuts in Three Years

1 week 2 days ago
US employers announced the fewest number of job cuts for any October since 2023, while hiring plans picked up as companies began gearing up for the holiday-shopping season.  Christopher Hodge, Chief US Economist with Natixis, discusses the US labor market and what to expect from Friday's jobs data. (Source: Bloomberg)

Burnham wants to ‘recast’ Chagos Islands deal after US resistance

1 week 2 days ago

UK PM says he wants ‘a new discussion’ with Washington over the disputed islands

Andy Burnham has said he wants to “recast” the UK’s deal to cede control of the Chagos Islands after resistance from Washington, which said the agreement could instead be modelled on America’s Greenland deal with Denmark.

The prime minister told the Economist he wanted “a new discussion” with the US over the disputed islands, which are home to the Diego Garcia military base.

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