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Apple needs to admit it still has a labour problem

For all the talk of cleaning up its supply chain, too many stories keep popping up about poor working conditions and excessive overtime. Every year at around this time, Apple makes a song and dance about how much it cares for workers and the environment. Fans point out that Cupertino is doing far more than most others in the industry, ...

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ECB seen closer to signalling QE end as hawks gain sway

Bloomberg Economists brought forward their estimate of when the European Central Bank will set an end-date for its bond-buying program, amid signs that more optimistic views on inflation might be gaining sway among policy makers. While no action is expected at the Governing Council meeting on January 25, almost half of respondents in a Bloomberg survey predicted the ECB will ...

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Indian bank shares surge on FDI plans

Bloomberg Indian bank shares surged the most since November on a report the government is considering allowing foreign investors to own larger stakes in the country’s lenders. The Bankex Index, a gauge for 10 lenders, rose 2 percent to a new record high as of 9:30 a.m. in Mumbai. Gains were led by privately owned Yes Bank Ltd., which is ...

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