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Workers fear for jobs as employers groan over soaring costs

Vanguard ·

By Victor Ahiuma-Young The growing cost of keeping factories operational in Nigeria is emerging as a major threat to industrial stability and employment, as employers struggle with rising electricity bills, multiple tax obligations, high borrowing costs and the uncertainties surrounding access to…

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  1. Fitch assigns ‘A(lka)’ rating to Merchant Bank of Sri Lanka debentures EconomyNext ·

    ECONOMYNEXT – Fitch Ratings has assigned a final ‘A(lka)’ National Long-Term Rating to Merchant Bank of Sri Lanka & Finance PLC’s (AA-(lka)/Stable) planned 1 billion rupee subordinated listed debenture issue. MBSL’s National Long-Term Rating is driven by Fitch’s expectation of extraordinary…

  2. Europe has a lot to gain by working closely - Taoiseach RTÉ ·

    The Taoiseach has said that Europe has a lot to gain by working closely together on shared challenges as European Political Community summit begins.

  3. Morning Briefing: Nov. 12 Anadolu ·

    Anadolu’s recap of top stories from around the globe

  4. Anwar confirms economic talks with Taiwan postponed, says trade ties remain strong despite friction over One-China remarks Malay Mail ·

    KUALA LUMPUR, Nov 12 — Prime Minister Datuk Seri Anwar Ibrahim told Parliament today that investments and trade from Taiwan remain unaffected despite recent diplomatic friction over Malaysia’s adherence to the One-China policy. Speaking during PM Question Time, Anwar said checks with the Ministry of…

  5. Netflix Launches The Tupac Tapes With Angie Martinez Trailer for 4-Part Podcast ComingSoon.net ·

    Photo Credit: @Netflix / YouTube Netflix dropped the first trailer for The Tupac Tapes With Angie Martinez , a four-part video podcast event hitting the platform later this month. The series features host Angie Martinez finally sharing a nearly 30-year-old interview with Tupac Shakur alongside…

  6. Coalmine reopens despite previous owners saying royalties made it unprofitable ABC News (Australia) ·

    A new Queensland company has purchased its fourth Bowen Basin coal mine, employing 275 workers to reopen a coalmine.

  7. Malaysia to make data centre operators disclose power use, GPU imports under new law, says Johari Ghani Malay Mail ·

    KUALA LUMPUR, Nov 12 — The requirement to disclose data centre operations information, including electricity usage and the number of graphics processing unit (GPU) chips imported, will be embedded in law to enable the government to monitor data centre operations, said Minister of Investment, Trade…

  8. EU household electricity and gas prices fell in the first half of 2026: Who pays the most? Euronews ·

    Household electricity and gas prices in the EU fell in the first half of 2026 compared with the same period in 2025. Prices rose in many European capitals in October, and households could face higher bills in early 2027.

  9. Moment historic SS United States sinks off Florida’s coast Euronews ·

    The historic SS United States, once the fastest ship on the seas, made a slow final journey beneath the waters Wednesday.

  10. Victorian Big Build inquiry rebukes agency on redactions ABC News (Australia) ·

    Heavily redacted documents from the Big Build authority have prompted harsh words from the Royal Commission into alleged corruption on major public projects.

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