Business

UPDATE: ArcelorMittal Raises Share Buyback Plan By $1 Billion

<!– –> ArcelorMittal has recorded good numbers in its third quarter financial results ArcelorMittal, the world’s largest steelmaker, said on Thursday it was increasing its share buyback programme by another $1 billion after reporting its strongest quarter in more than a decade. The uplift brings the capital returns announced by …

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Kellogg files lawsuit against its striking cereal workers

[ad_1] Kellogg Co. has filed a lawsuit against its local union in Omaha complaining that striking workers are blocking entrances to its cereal plant and intimidating replacement workers as they enter the plant. The company, based in Battle Creek, Mich., asked a judge to order the Omaha chapter of the …

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Why economists got it wrong on U.S. inflation

[ad_1] Economists are getting a dose of humility on forecasting inflation after a resurgent coronavirus, a tenuous global supply network and stimulus-fueled consumers combined to send U.S. prices well beyond the expectations of Wall Street and policymakers. The government’s latest inflation read Wednesday showed a 6.2% annual jump in consumer …

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UPDATE: Crypto Is Forbidden For Muslims In This Country

<!– –> The use of crypto assets as a currency is forbidden for Muslims in Indonesia The use of crypto assets as a currency is forbidden for Muslims, according to Indonesia’s council of religious leaders. The National Ulema Council, or MUI, has deemed cryptocurrency as haram, or banned, as it …

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