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Bet365 boss earns £260 million pay package
Bet365 boss earns £260 million pay package
Business and Economy
by  AFP

Denise Coates, co-chief executive of online betting giant Bet365, pocketed annual pay totalling £260 million ($311 million), the company and media said Friday, placing her among Britain's top paid bosses. Coates regularly features at the top of lists of Britain's top earners.

US unemployment dips in December as job gains remain robust
US unemployment dips in December as job gains remain robust
Business and Economy
by  AFP

US job gains exceeded expectations in December while the unemployment rate ticked down, a closely-watched government report said Friday, signaling resilience in the labor market despite efforts to cool the economy. - 'Slowing wage growth' - "Notable job gains occurred in leisure and hospitality, health care, construction, and social assistance," said the report on Friday.

Eurozone inflation falls for second month
Eurozone inflation falls for second month
Business and Economy
by  AFP

The eurozone's annual inflation rate fell for a second month in a row, to 9.2 percent in December, driven by easing energy prices, official data showed Friday, bringing some relief to Europe in the new year. Across the Atlantic, officials from the US Federal Reserve also indicated there would be more rate hikes this year to keep prices under control. aro-raz/rmb/kjm

World food prices hit record high in 2022
World food prices hit record high in 2022
Business and Economy
by  AFP

World food prices fell for a ninth month in a row in December but hit their highest level on record for the full year in 2022, UN data showed Friday. The FAO's vegetable oil price index reached a new record high in 2022 but fell 6.7 percent month-on-month in December to its lowest level since February 2021.