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Canada and US say they are finalising a trade deal, but details remain murky
Canada and the US are finalising a highly anticipated trade deal, with President Donald Trump and Prime Minister Mark Carney touting it as a success. Trump said the proposed deal will be welcome by US farmers and manufacturers, while Carney said it will secure “the best terms” for Canada’s strategic sectors and provide certainty on…
Nandy minded to intervene in Skys £1.6bn takeover of ITV entertainment arm
But Nandy has told Sky and ITV that she is considering issuing a public interest intervention notice (PIIN) to the Competition and Markets Authority (CMA) and regulator Ofcom, forcing an investigation into the tie-up. In a letter to both companies, she said she was minded to order the probe to address public interest considerations including:…
Norwich group challenges people to live on £3 of food a day
Food prices remain a concern and there are fears they could rise following this summer’s extreme weather, which resulted in poor crop yield, and as further climate changes are predicted. A government spokesperson said it is determined to turn the tide on poverty, using schemes including a £1bn Crisis and Resilience Fund to help councils…
Microsoft cuts 4,800 jobs and shrinks Xbox in significant restructure
Microsoft has announced it has cut 4,800 jobs – roughly 2.1% of its workforce – with Xbox to bear a large number of its latest layoffs. Amy Coleman, executive vice president at Microsoft, told employees in a memo that the tech giant needed to focus on areas that can deliver for customers amid a “fast-changing…
