As European buyers turn away from fuel-efficient diesel cars, and in a race to meet tighter emissions rules, Mercedes-Benz is accelerating its rollout of battery-powered autos. Three years earlier than a target announced at the Paris auto show in September, the world’s… Read More ›
Signalling their growing concern as the UK prepares to start the formal process of leaving the EU, overseas companies that invest in the UK issued a flurry of warnings on Tuesday about the threat Brexit poses to their businesses. A post-Brexit settlement… Read More ›
Britain is set to trigger Brexit proceedings later today. Britain has formally begun the process of negotiating Britain’s exit from the European Union with British Prime Minister Theresa May handing over a signed letter to European Council President Donald Tusk… Read More ›
Investment bank JPMorgan said in a note on Monday that a “significant” surge of inflows into European stocks would be spurred if far right French presidential candidate Marine Le Pen loses the election. But how significant is that spur? At… Read More ›
Qatar along with other gulf states is aiming to enter into a free-trade agreement with Britain. Just a day before British Prime Minister Theresa May triggers Brexit negotiations with the EU, Qatar has pledged $6.3 billion (5 billion pounds) for… Read More ›
Boosting routes between the world’s two largest travel markets and possibly involving the U.S. carrier taking a stake in the state-owned airline, China Southern Airlines is in talks over a tie-up with American Airlines. Aafter Delta Air Lines Inc bought… Read More ›
Thanks to a cartoon bunny and Michael Jordan, Nike has just had its biggest sneaker release for itself. Featuring the basketball legend alongside Looney Tunes characters seen celebrating the 20th anniversary of the 1996 comedy, the shoemaker’s Jordan brand began selling the Space Jam… Read More ›
Concerns that a diplomatic standoff may be hurting sales in the top market of South Korea’s Hyundai Motor, the automaker announced on Monday that it had suspended production at one of its Chinese factories for a week. Because of Beijing’s… Read More ›
The British manufacturing industry along with its financial and banking sector is likely to bear the brunt of a hard Brexit strategy. Today, British manufacturers have told Prime Minister Theresa May, it would be prudent to drop the threat of… Read More ›
Even while committing to stay in Britain after Brexitt, the size of its products could be shrunk or the prices could be raised after Brexit, Cadbury has said. the country would still be the “home of chocolate manufacturing” and the… Read More ›
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