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Finance

Rare call for more electricity supplies as wind power drops across Europe

Neso issued ‘electricity margin notice’ for gas power plants in Britain to fire up and boost generation this morning amid energy shortfall The government body tasked with keeping the lights on issued a rare call for more electricity supplies on Monday morning due to low wind power generation forecasts across Europe. A notice issued by the National Energy System Operator (Neso) on Sunday night said it faced a “shortfall” of almost 1,400 megawatts in its electricity supply margins from 6am until 11am on Monday. Continue reading...

The Guardian
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Finance

Chinese carmaker BYD’s offices in Netherlands raided over JLR ‘copycat car’ claim

Bailiffs reportedly seized digital records before court case over alleged intellectual property breaches on Land Rover Defender Bailiffs acting for Jaguar Land Rover raided the Dutch offices of a Chinese “copycat” rival before a legal showdown this week over whether its “Defender clone” infringes intellectual property rights. Bailiffs acting on behalf of JLR reportedly seized digital records from the offices of Chinese carmaker BYD in Schiedam and Hoofddorp in August, according to the Sunday Times. Continue reading...

The Guardian
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Finance

US employers keep passing rising healthcare costs to workers. There are better options

Choosing a healthcare plan can be extremely complicated, but it’s necessary to attract and retain good workers Again, healthcare costs are going up. According to a recent study from Mercer, total health benefit cost per employee in 2027 is expected to rise 8.2% – after employers’ planned cost-reduction measures (without action, employers told Mercer their existing plans would rise about 11%). This would be the highest increase since 2003. And, again, we see the same reaction from employers. The Wall Street Journal recently reported that even as healthcare costs have gone up, the share of these

The Guardian
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