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UK energy group Centrica's surging profit sparks fury
UK energy group Centrica's surging profit sparks fury
Business and Economy
by  AFP

Britain's biggest domestic energy supplier Centrica on Thursday posted rocketing annual profit, sparking fury as Britons face soaring household electricity and gas bills that have fuelled a cost-of-living crisis. Britain's Conservative government of Prime Minister Rishi Sunak is temporarily subsidising electricity and gas bills this winter.

US wholesale price inflation rebounds on goods prices
US wholesale price inflation rebounds on goods prices
Business and Economy
by  AFP

Wholesale prices in the United States picked up more than expected in January, according to Labor Department data released Thursday, bumped up by goods costs and fueled by higher gasoline prices. A rise in prices for goods led the January advance, said the Labor Department, adding that a significant factor was gasoline prices.