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Half a million strike in UK's largest walkout in 12 years
Half a million strike in UK's largest walkout in 12 years
Business and Economy
by  AFP

Half a million workers went on strike in Britain on Wednesday, calling for higher wages in the largest such walkout in over a decade, closing schools and severely disrupting transport. With thousands of schools closed for the day, Education Minister Gillian Keegan told Times Radio she was "disappointed" teachers had walked out.

Adani shares nosedive as Indian tycoon drops down rich list
Adani shares nosedive as Indian tycoon drops down rich list
Business and Economy
by  AFP

Shares in the Indian tycoon Gautam Adani's flagship firm nosedived again on Wednesday as its owner dropped out of the Forbes top 10 rich list following allegations of massive accounting fraud. Adani's personal fortune has plummeted by more than $40 billion in the same period, according to the real-time Forbes list, dropping him out of the top 10 and below fellow Indian Mukesh Ambani.

Indonesian islanders file Holcim climate complaint
Indonesian islanders file Holcim climate complaint
Business and Economy
by  AFP

Residents of the Indonesian island of Pulau Pari have filed a complaint against the Swiss cement giant Holcim, demanding compensation for climate damage, the NGO backing them announced Wednesday. The complaint requests that Holcim pay compensation for the damage already caused on the island and finance flood protection measures on the picturesque island north of Jakarta.

US Fed set to slow rate hikes but signal inflation fight not over
US Fed set to slow rate hikes but signal inflation fight not over
Business and Economy
by  AFP

The Federal Reserve starts the second day of its policy meeting Wednesday, on growing expectations that it will step down to a smaller interest rate hike as red-hot inflation shows signs of cooling. Policymakers are widely expected to announce a 0.25 percentage point rate hike at the end of their two-day meeting, slowing from a half-point increase in December and steeper hikes before that.