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Daily Archives: March 12, 2019

Ford Expects Health-Care Costs to Top $1 Billion in 2020

Ford Motor Co. expects the cost of health insurance for its 56,000 hourly workers in the U.S. to top $ 1 billion for the first time next year, according to a person familiar with the situation, highlighting a growing expense for automakers even as car sales slow. Those mounting health-care costs represent a potential sticking point in this year’s contract ...

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National Research Foundation to allocate S$200m to upgrade Singapore's supercomputing capability

Tue, Mar 12, 2019 – 1:55 PM SINGAPORE’S National Research Foundation (NRF) will be setting aside S$ 200 million to upgrade the Republic’s supercomputing capability, network speed and quality for access by all institutions of higher learning and research institutions. The funds will be allocated under the RIE2020 (research, innovation and enterprise) Plan, where S$ 19 billion has been set ...

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Business ‘exasperated’ after Brexit vote

Business groups are “exasperated” after the Prime Minister’s EU withdrawal plan was again rejected by Parliament. Industry groups called on MPs to shut down the possibility of a no-deal Brexit. The City UK, the finance industry body, said leaving without a deal “would be an own goal of historic proportions”. The pound was volatile against the dollar after the vote. ...

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