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Fracking transforms an Argentine town but what about the nation?
Posted onMatías Zibell GarcíaBusiness reporter, Añelo, Argentina Matías Zibell García The Argentine town of Añelo has a bull statue that symbolises the region’s economic potential Mechanic Fabio Javier Jiménez found himself in the right place at the right time. When his father moved their family-owned tyre repair shop to the rural Argentine town of Añelo, it…
What are tariffs, how do they work and why is Trump using them?
Posted onGetty Images US President Donald Trump has introduced tariffs on goods reaching it from countries around the world. Trump argues that the move will boost American manufacturing and create jobs, but critics warn of higher prices and damage to the global economy. But he has also used the taxes to make other demands, and has…
UPS to cut 30,000 jobs as it moves away from Amazon
Posted onParcel delivery giant UPS says it will cut up to 30,000 jobs this year as it further reduces shipments for its biggest customer, Amazon. The world’s largest package delivery company has been scaling back deliveries for the online retail giant, which it says are “extraordinarily dilutive” to its profit margins. UPS says the job cuts…
Lloyds strives to be UKs biggest fintech by selling more customer data
Posted onStay informed with free updates Simply sign up to the UK banks myFT Digest — delivered directly to your inbox. Lloyds Banking Group will sell more customer data and automate governance checks in a bid to slash technology costs and reinvent itself as “the UK’s biggest fintech”. The high street lender, which has 28mn customers,…
Why are more gamers than ever playing the 2000s classic RuneScape?
Posted onTom GerkenTechnology reporter Jagex Imagine calling your friends, ordering a pizza, and opening up RuneScape on your PC. A lot of people around my age might read those words and be instantly thrown back to the days of dial-up internet, MSN Messenger and Napster. But before you instinctively type the letters “a/s/l” on your keyboard,…
London Underground fares to go up by 5.8% in 2026
Posted onBBC The rise in Tube fares was part of a funding deal with the government The cost of travelling on the London Underground, the Overground and the Elizabeth line is set to rise by 5.8% next year, the mayor of London has confirmed. The increase is 1% above the rate of inflation and will come…
