The Government has called for car giant Stellantis to review its plans to close Luton’s Vauxhall van factory. The move was confirmed by the Business Secretary Jonathan Reynolds who has…
Category: Business News
UK: Car industry consulted over 2030 petrol and diesel ban
The UK motor industry is being consulted over how the phasing-out of new petrol and diesel cars by 2030 will work, the government has announced. The ban on sales of…
Iran: Authorities to lift ban on WhatsApp, Google Play- state media
Iranian authorities have voted to lift a ban on Meta’s instant messaging platform WhatsApp and Google Play as a first step to scale back internet restrictions, according to Iranian state…
USA: Ex-Abercrombie & Fitch CEO has dementia- lawyers
The former CEO of Abercrombie & Fitch (A&F) has dementia and late onset Alzheimer’s disease, his legal team has said in a court document filed in New York. Lawyers for…
UK: Cadbury loses royal warrant after 170 years
Chocolate maker Cadbury has been dropped from the list of royal warrants for the first time in 170 years. The Birmingham-based chocolatier was awarded its first royal warrant as chocolate…
Mediterranean: Russian ship under US sanctions sinks after engine room blast
A Russian cargo ship, Ursa Major, has sunk in the Mediterranean between Spain and Algeria after an explosion in the engine room, Russia’s foreign ministry has confirmed. It said 14…
USA: Starbucks strike expands to more than 300 US stores- Union
strike at Starbucks has expanded to more than 300 of the coffee chain’s stores in the United States, with more than 5,000 workers expected to walk off the job, the…
Japan: Honda and Nissan join forces to take on China in cars
Honda and Nissan plan to merge as the two Japanese firms seek to fight back against competition from the Chinese car industry. The integration would create one of the world’s…
USA: Trump threatens to take back control of Panama Canal over ‘ridiculous fees’
United States President-elect Donald Trump has threatened to demand control of the Panama Canal after accusing Panama of charging excessive rates on US ships passing through one of the busiest…
Egypt: State Dept gives nod to $5bn in potential arms sales for Cairo
The United States State Department has approved the potential sale of more than $5bn in arms for Egypt. The State Department informed Congress on Friday that it had approved the…