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Heathrow fuel workers suspend strike

  Bloomberg Refuelling workers at London Heathrow airport called off a strike that was set to begin on Thursday and had threatened further disruptions at the UK travel hub. The walkout was suspended after Aviation Fuel Services Ltd made a “sustainably improved offer,” the Unite union said in a statement. The roughly 50 employees involved will now be given time ...

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Mario Draghi resigns as PM, leaving Italy in political chaos

Bloomberg Mario Draghi resigned as Italy’s prime minister, throwing the country into turmoil and putting it on course for snap elections as soon as early October. The former European Central Bank chief delivered his decision to President Sergio Mattarella Thursday morning. The government will continue in a caretaker role to handle ongoing business but its influence will be minimal. Mattarella, ...

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Biden expects to speak with China’s Xi within next 10 days

Bloomberg President Joe Biden says he expects to speak to Chinese leader Xi Jinping “within the next 10 days,” as the US considers whether lifting some tariffs on Chinese imports would help stem rampant inflation. Already-tense relations between the two largest economies have deteriorated over China’s refusal to condemn Russia’s invasion of Ukraine. “I think I’ll be talking to President ...

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