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UK drops contentious plan to privatise TV network
UK drops contentious plan to privatise TV network
Business and Economy
by  AFP

The UK government on Thursday abandoned plans to privatise the public-service broadcaster Channel 4 after standing accused of waging a political vendetta against the edgy television network. But Dorries, and then-prime minister Boris Johnson, were said by critics to have taken personal affront to Channel 4's political broadcasting, which has often been harshly critical of the Conservatives.

Global investors pressure Glencore over coal production
Global investors pressure Glencore over coal production
Business and Economy
by  AFP

Key investors in Swiss miner Glencore have demanded the company explain how its coal production plans align with global efforts to curb the warming of the planet, shareholders said Thursday. However, nearly one-quarter of shareholders rejected its 2022 climate plan, and investors have turned up the pressure with the first-ever resolution targeting the company's coal production.

UK's Labour vows 'decade of national renewal'
UK's Labour vows 'decade of national renewal'
Business and Economy
by  AFP

Britain's opposition Labour party vowed Thursday to overhaul the country after 13 troubled years of Conservative rule -- but insisted it would not spend its way out of trouble. No sense of what the country needs -– 13 years of nothing but sticking-plaster politics," he said.