Volvo Cars is only going to sell electric vehicles by 2030, the Swedish firm has said. It will phase out all car models with internal combustion engines by then, including…
Category: Business News
Zoom sees more growth after ‘unprecedented’ 2020
Zoom boss Eric Yuan, whose business exploded during the pandemic, says working from home is here to stay. The video conferencing company expects sales to rise more than 40% this…
UK: Crunch talks to save Ellesmere Port plant continue
Talks to secure the future of Vauxhall’s Ellesmere Port plant will continue after no firm decision was taken on Wednesday. A board meeting of Vauxhall’s parent company ended without agreement…
Vauxhall: Talks over fate of Ellesmere Port plant ‘productive’
Talks over the future of Vauxhall’s Ellesmere Port car plant have been “productive but not conclusive”, the car plant’s owner said. Stellantis has been in talks with the government for…
UK: : Future of Ellesmere Port (Vauxhall’s parent company) hangs in the balance
The head of Vauxhall’s parent company has warned that it will no longer invest in pure diesel or petrol cars at its Ellesmere Port plant. Carlos Tavares said the future…
South Korea: Hyundai aiming to become a tech firm
For a few weeks this year, South Korean carmaker Hyundai was dusted with the Apple magic. Last month Hyundai let slip that it was in talks with the maker of…
USA: Airbnb predicts ‘significant’ travel rebound
Online booking platform Airbnb has said it is preparing for a “significant” travel rebound as the world emerges from coronavirus lockdowns. However the company said it was still “too early”…
UK: Amanda Staveley loses High Court fight with Barclays over damages
A businesswoman who sued Barclays for hundreds of millions of pounds has lost her High Court fight, despite the judge saying the bank acted with “deceit”. Amanda Staveley claimed her…
UK : Rishi Sunak to inject £126m to boost traineeship scheme-Budget 2021
Chancellor Rishi Sunak is set to announce a £126m boost for traineeships in England in his Budget on Wednesday. The scheme will include a new “flexi-job” apprenticeship that will enable…
Covid-19: Chinatowns fighting racism and pandemic to survive
Lunar New Year is usually the busiest period for businesses in Chinatowns around the globe. But in 2020, it coincided with the outbreak of the coronavirus pandemic, leaving many restaurants…