Browsing Category
News
Ford plans 4,000 more job cuts in Europe as EVs lose momentum
Ford Motor Co. will look to cut another 4,000 jobs in Europe, further cutting costs within a region where the shift to electric vehicles is losing momentum industry-wide.
The cuts - amounting to about 14% of Ford Europe's workforce -…
HMRC doubles payouts to tax whistleblowers amid calls for larger rewards
HMRC has almost doubled the amount paid to individuals providing information about suspected tax evasion, disbursing almost £1 million (£978,256) in the 2023/24 financial year compared to £508,500 the previous year.
The increase…
AYURCANN PROVIDES UPDATE ON BUSINESS COMBINATION
This section is Partnership content providedThe content in this section is provided by GlobeNewswire for the purposes of press release distribution on behalf of its clients. Postmedia has not reviewed the content. by Globe Newswire…
Bill proposes abolition of public broadcasting in Israel
Communications Minister Shlomo Karhi and MK Tali Gottlev (both Likud) plan to introduce a draft law at Sunday's meeting of the Ministerial Legislation Committee to privatize Israel's public broadcaster, which broadcasts…
Target sees muted holiday quarter as budget-focused shoppers seek value, shares tumble
Written by Saviyata Mishra (Reuters) - Target sales for the holiday quarter and earnings fell short of estimates on Wednesday as value-conscious consumers shopped for low-priced basics at rival retailers including Walmart, sending its…
LVMH’s Hennessy plan to trial bottling in China and bypass tariffs sparks hundreds protesting…
Hundreds of employees of French cognac maker Hennessy, part of luxury conglomerate LVMH's empire, went on strike Tuesday in protest against measures the brand plans to use to circumvent Chinese tariffs imposed in a row with the European…
UK inflation rises to 2.3% in October on higher energy costs
UK inflation rose to a six-month high in October, exceeding the Bank of England's 2% target, driven primarily by rising household energy bills.
The Office for National Statistics (ONS) reported that the annual CPI rose to 2.3% last…
UK Inflation Climbs More Than Forecast to 2.3% on Energy
Breadcrumb linksBMN BusinessUK inflation accelerated more than expected in October to far exceed the Bank of England's 2% target, a rebound that investors saw as further dimming the odds of further interest rate cuts in the coming…
Haifa drivers deterred by high Carmel Tunnels tolls
Since the Carmel Tunnels opened to traffic in December 2010, hundreds of millions of shekels have been transferred to the concessionaire to support toll reductions granted to vehicles. But despite these reductions, toll…
Comcast to proceed with plans to spin off its cable channels, sources say
By Don Chmielewski (Reuters) - Comcast Inc. is moving forward with plans to spin off its NBC Universal cable TV networks including MSNBC and CNBC, sources say, shedding a key part of the business that has been a victim of the live video…
