‘Bond market tantrum risks’: Gilt traders brace for Labour leftward pivot as Starmer future uncertain
Semiconductor chip shortage puts on the brakes for Volkswagen and Toyota Semiconductor chip shortage puts on the brakes for Volkswagen and Toyota A semiconductor supply crunch is forcing world leading car manufacturers Volkswagen and Toyota to slash vehicle production. Toyota, the world’s largest car maker, announced it will cut production by 40 per cent in September. Instead of making 900,000 as planned the manufacturing giant will now produce just 500,000 cars. Likewise, Volkswagen’s parent plant in Wolfsburg [...]
City Harvest redistributes 1.5m meals to hungry Londoners City Harvest redistributes 1.5m meals to hungry Londoners Though Covid-19 may have been labelled by some as The Great Equaliser it has only enhanced London’s social inequalities, according to a charity dedicated to redistributing excess meals to the hungry. Food poverty has increased in the wake of rising unemployment and school shutdowns, with more than 3m Brits going hungry due to the coronavirus [...]
Hackers steal $32m from Tokyo cryptocurrency exchange Hackers steal $32m from Tokyo bitcoin exchange Services have been suspended at a Tokyo cryptocurrency exchange after a further hack on virtual currency caused the loss of ¥3.5bn (£26m). Read more: Trump reveals why he is ‘not a fan’ of bitcoin Tokyo-based Remixpoint, which runs the Bipoint Japan exchange, issued an apology today saying it had confirmed the losses last night, after [...]
KFC first UK fast food giant to pledge better chicken welfare standards July 12, 2019 KFC is set to become the first British fast food restaurant to sign up to new European welfare standards for farmed chickens to combat inhumane conditions in intensive meat production. Read more: DEBATE: Does KFC’s veggie burger signal a move towards veganism? Its decision to adopt the new standards could see McDonalds and Burger King, [...]
