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Tuesday June 17, 2025
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Tag: Business

CATL raises €4.1 billion in Hong Kong IPO, Europe’s battery boom accelerates

CATL’s landmark Hong Kong ipo raises €4.1 billion to boost European battery factories amid its dominance in the global EV market.

Walmart buckles under Trump fury, agrees to ‘eat tariffs’ after ceo pressured

U.S. treasury claims Walmart folded after Trump tirade, vows to absorb tariff shockwaves.

Thames Water bonuses face regulator crackdown in new reform push

UK regulator could block all bonus payments at Thames Water and others if pollution and mismanagement continue

FedEx swings the axe: 150 Dartford jobs face brutal cut in corporate bloodletting

FedEx plans to shut down its Dartford site, putting 150 jobs at risk in a controversial move to centralise operations. This move has sparked outrage from unions and the local MP.

£66m loss forces Burberry to slash workforce, scrap night shifts

Burberry announces sweeping job cuts and £100m savings push after heavy annual losses and poor global sales.
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