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…
Category: Business News
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…
UK: Heathrow passenger numbers fall to 1970s’ levels
Heathrow Airport has reported a £2bn annual loss after passenger numbers during the coronavirus pandemic dropped to levels last seen in the 1970s. It said 2020 was the toughest year…
UK:British Airways owner IAG calls for digital health passes
British Airways owner IAG has called for digital health passes “to reopen our skies safely” as it posted a record loss for 2020 due to Covid disruption. IAG posted an…
UK: Kalifa Review- warning over fintech investment
The UK risks losing its dominance in financial services – unless the government backs one of its most important export industries. That’s according to a major new report on arguably…
Brazil: Amazon rainforest plots sold via Facebook Marketplace ads
Parts of Brazil’s Amazon rainforest are being illegally being sold on Facebook. The protected areas include national forests and land reserved for indigenous peoples. Some of the plots listed via…