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Hong Kong Set To Unveil First Five-Year Plan
Hong Kong is preparing to unveil its first five-year development blueprint on Wednesday, as it seeks to align its priorities with those of mainland China. “Bloomberg: The China Show” co-anchor Yvonne Man reports on what's expected in the master plan and what it could mean for the city's future.
UK pay growth slows to 3.9% before crunch interest rates decision
Figure likely to dictate rise in state pension triple lock, as workers face inflation squeeze fuelled by oil price risesBusiness live – latest updatesWage growth in the UK slowed in July as workers came under pressure from a renewed cost of living squeeze fuelled by the Iran war, highlighting the challenge for the Bank of England as it prepares to set interest rates. Figures from the Office for National Statistics (ONS) show average growth in total earnings, including bonuses, eased to 3.9%...
Axa to Focus on Organic Growth, CEO Buberl Says
Axa Chief Executive Officer Thomas Buberl says the insurer will prioritize efficiency and shareholder returns over acquisitions after raising its profitability and growth targets for the next three years. “We will deploy and employ the policy as we've always done," Buberl tells Bloomberg Television. "We look at what is interesting when we talk about bolt-ons, but the focus is really organic growth."