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SUPERMARKET COLLAPSE
Venezuela earthquake death toll jumps to 1,500, nearly 50,000 people are still missing, over 770 buildings collapsed, looting of fuel, theft at medical facilities, even from dead add to miseryVenezuelans have not hidden their anger at the slow and meager aid coming from the authorities after the twin earthquakes that killed nearl...- Philippines earthquake death toll rises to 46 as rescue efforts continueRescuers in the southern Philippines pulled a body from the rubble of a collapsed supermarket on Wednesday, as the death toll from a major ...
- Russia uses hypersonic Oreshnik missile in mass attack on KyivRussia deployed the Oreshnik hypersonic missile in a large-scale drone and missile assault on Kyiv. The attack resulted in at least two fat...
- Rare earth mining is poisoning Mekong River tributaries, threatening 'the world's kitchen'Toxic runoff from unregulated rare earth mines in Myanmar and Laos is contaminating the Mekong River and its tributaries, threatening the l...
- US egg prices crash 86% since March highs — why is the egg rate plunging so fast, and should Americans expect cheaper grocery shelves ahead?Egg prices in the US have plummeted 86% since March. They dropped from $8.17 a dozen to just $1.15. That’s huge! Why? Inventories are high,...
- Hong Kong reopens after world's most powerful cyclone RagasaHong Kong airport resumes flights after a 36-hour suspension due to Typhoon Ragasa. Businesses and transportation services are reopening. T...
- First big decision by Donald Trump on economy: The President-elect will privatise US' two largest government-owned lenders Fannie Mae and Freddie Mac, says Bill AckmanDonald Trump’s return to the presidency could bring a monumental change to the U.S. economy, as hedge fund billionaire Bill Ackman predicts...
- UK retailer Wilko collapses, putting 12,000 jobs at riskBritish homeware discount chain Wilko has collapsed into administration, a form of creditor protection that puts its 12,000 jobs in danger,...
- Nikkei drops most in 3 mths as BOJ decision drags bank sharesThe Nikkei stock market in Japan fell 1.67% on Friday, after the central bank's decision to maintain stimulus settings hurt their profit ou...
- Sri Lanka imposes longest power cuts in 26 yearsThe Public Utilities Commission said it was a "black day" for the island nation as it approved the electricity rationing starting Wednesday...
- Fuel prices raised in Sri Lanka as energy crisis worsensLanka IOC, a fuel retailer which accounts for a third of the market, said it was increasing prices for diesel -- commonly used by public tr...
- Shops, markets, schools remain closed in Kabul amid chaosOn Monday a day after the city's collapse, Taliban members were seen on the streets, but it seemed that they were not enough to maintain la...
- Debenhams shuts all stores, around 12,000 jobs lostDebenhams collapsed last month, having struggled to adapt from a bricks-and-mortar business long before the coronavirus pandemic forced sho...
- European shares drop on doubts over speedy recoveryThe pan-European STOXX 600 slid 1.7 per cent, falling past a one-week low hit on Wednesday.
- J&K floods: Filth and muck from the floods make it harder for Lal Chowk to return to normalcy.Lal Chowk, Srinagar’s famed central square, is a stinking mess with garbage and filth deposited by the floods that devastated much of Kashm...
- Not really music to ears: HMV faces closure; 4,000 jobs at riskHMV could be the second household name to go under this year, following closure of camera chain Jessops with the loss of 1,300 jobs.
- FDI in retail: UPA government set to sail through on SP, BSP supportA defeat could wound the government, eroding its ability to press ahead with more reforms and its moral authority to rule, eventually haste...
- Laymen wake up to Lehman crisisYou need not be an investor to worry about the fall of financial giants in the west, as the ripple effect is certain to have its toll on yo...
- British retailers accused over Indian suppliersBritish clothing retailers Primark and Mothercare have launched probes following allegations of mistreatment of Indian workers who make clo...
- CVC drops plan to bid for UK's SainsburyCVC Capital Partners ditched its plans to bid for Britain’s J Sainsbury on Wednesday, ending a nearly 10-week battle that pitted private eq...
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