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Business

Discover the latest business news to keep up to date about stocks and the economy, markets outlook, top companies, hot deals, economy forecasts and projections as well as the reports that get to the heart of the matter. Keep on top of the business topics shaping today’s decisions and forming tomorrow’s world.
Migrant workers pick grapes at Chapel Down Winery's Kit's Coty vineyard in Aylesford, Kent (image: REUTERS/Dylan Martinez)

A new CIPD and Adecco Group report showed an increasing skilled worker shortage in the United Kingdom, and recruitment and retention challenges will worsen as migrant workers decrease.
The largest High Street lender in Britain is undergoing a reorganization in order to better serve customers who prefer online banking to brick-and-mortar branches. (REUTERS/Toby Melville)

Lloyds Banking Group announced its plans to eliminate 6,240 jobs but will create 8,240 new ones during a digital services overhaul to better serve customers online and over mobile.
This is far from the first time the 88 year old investor has taken part in share repurchasing. (image: shutterstoco.com)

Warren Buffett bought back nearly $1 billion in Berkshire Hathaway shares at a time when it has been nearly a year since the company has acquired another business.
Elon Musk has brought his stake of the Tesla company to about 20 percent. (image: REUTERS/Patrick T. Fallon)

Elon Musk has just purchased an additional $10 million in Tesla shares, said a filing this week, which also announced his plan to buy another $20 million worth next week.
Angela Merkel: “As chancellor and leader of the CDU, I’m politically responsible for everything, for successes and for failures”. (image: REUTERS/Hannibal Hanschke)

Germany calls her "Mutti", an affectionate word for "mum". For more than 13 years, Angela Merkel has been the German Chancellor, the highest executive role in the country. She has also been the main political leader of Europe, and the cement between territories - especially since the Brexit vote.
In the United States and Canada, growth remained flat. In Europe the number of daily users fell. (image: shutterstock.com)

Facebook’s daily user growth is slowing down according to the company’s latest figures. The firm’s newly released data also revealed that the company has missed its revenue forecasts.
A protester stands outside Cuadrilla's Preston Road fracking site near Blackpool, Britain, October 22, 2018. (image: REUTERS/Hannah McKay)

Cuadrilla was required to temporarily halt its fracking operations in Lancashire as a result of earthquakes related to the shale gas drilling and that required an immediate “red light”.
Netflix CEO Reed Hastings in his Q2 shareholder letter: “We’ll continue to finance our capital needs in the high-yield market,” (imag: Shutterstock.com)

Netflix announced on Monday it was raising another $2 billion in debt in order to pay for content acquisition and production of content so it could keep up with growing competition pressure.
Morrisons employees argued that this data breached exposed them to potential financial loss and identity theft. (image: Shuterstock.com)

Morrisons faces sizeable compensation requirements after losing an appeal in the class action lawsuit against it filed by thousands of employees affected by a data breach leaking sensitive data.
An Addison Lee delivery van drives through central London, Britain (image: REUTERS/Toby Melville)

Addison Lee boss, Andy Boland, announced the taxi company is working with Oxbotica, self-driving software specialist, to make digital maps for self-driving shared London minibus shuttles.