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No experience, no resume, you're accepted!  Hotels are fighting for staff

No experience, no resume, you’re accepted! Hotels are fighting for staff

DOHA/LISBON/MADRID, July 4 (Reuters) – Europe’s top hotel chains are hiring workers with no experience or even CVs as executives admit years of underpaid staff have come back to bite them, leaving them unable to meet travel demand after pandemic. Thousands of workers left the hospitality industry when international travel was shut down during the …

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Global stocks are falling as consumer data raises concerns about the recession

Global stocks are falling as consumer data raises concerns about the recession

LONDON, June 29 (Reuters) – World stock markets slipped for the second day in a row on Wednesday, and bond yields fell amid growing fears that policymakers looking to cut inflation would plunge their economies into recession. A series of weak data releases in Europe and the United States did not prevent central bankers from …

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Stocks, oil are rising as China eases quarantine rules

Stocks, oil are rising as China eases quarantine rules

LONDON, June 28 (Reuters) – Global stocks rose on Tuesday as oil prices rose after China’s decision to ease some quarantine conditions for international arrivals, sparking hope for stronger growth and a revival in demand for goods. China has halved the quarantine time for incoming passengers by greatly easing one of the world’s strictest restrictions, …

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China's industrial profits are falling again in May, despite the easing of COVID restrictions

China’s industrial profits are falling again in May, despite the easing of COVID restrictions

BEIJING, June 27 (Reuters) – Chinese industrial companies’ profits fell at a slower pace in May after falling sharply in April as activities in major manufacturing centers continued, but COVID-19 restrictions continued to strain factory production and reduce factory margins. Profits fell 6.5 percent from a year earlier, down from 8.5 percent in April, according …

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Shares are rising, copper continues to fall while investors assess the risk of recession

Shares are rising, copper continues to fall while investors assess the risk of recession

U.S. stocks rose sharply early Copper falls again, more oil Treasury yields are rising NEW YORK, June 24 (Reuters) – Shares in world markets jumped Friday, with Wall Street up more than 2 percent, and the global MSCI index set for weekly growth after three consecutive weeks of decline, as falling commodity prices eased concerns …

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The biggest railway strike in the last 30 years is bringing the UK to a standstill

The biggest railway strike in the last 30 years is bringing the UK to a standstill

More than 40,000 railway workers will go on strike Government under pressure over cost of living crisis Unions say strike could start “summer of discontent” LONDON, June 21 (Reuters) – Britain’s biggest rail strike in 30 years began on Tuesday as tens of thousands of workers left a wage and job dispute that could pave …

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