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Britain’s Lloyds Banking Group suffers hours-long online outage
LONDON (Reuters) – Britain’s Lloyds Banking Group <LLOY.L> suffered an outage on Wednesday that left customers of its Lloyds, Halifax and Bank of Scotland operations unable to access accounts online for several hours. Disruption to online services is a periodic problem for Britain’s banks, and last month regulators told lenders they needed to resolve problems […]
Sudan to continue to subsidize bread but with ‘justice’: trade minister
By Khalid Abdelaziz and Aidan Lewis KHARTOUM (Reuters) – Sudan will continue to subsidize bread prices during transitional rule after Omar al-Bashir’s ouster but wants to achieve “justice” in distributing income supports, its trade and industry minister said on Wednesday. Bread shortages, caused by difficulties in raising hard currency to import wheat, triggered mass protests […]
United Steelworkers union mulls new negotiating partner for oil bargaining
By Laura Sanicola PITTSBURGH (Reuters) – The United Steelworkers union (USW) is considering designating a new lead negotiator in the National Oil Bargaining process, the union’s president said on Wednesday, as current lead negotiator Shell cuts back on the number of refineries it owns. Speaking at the National Oil Bargaining conference in Pittsburgh, Pennsylvania USW […]