Alfa Romeo Tonale PHEV Q4 review: Plug-in and play May 1, 2023 The new Alfa Romeo Tonale PHEV is a plug-in hybrid SUV that also appeals to car enthusiasts. John Redfern drives it.
Heineken: Beer giant shows love for local pubs with £40m injection May 1, 2023 Heineken will invest £40m into 570 pubs it owns within its hospitality business, as the beer giant looks to show support for local boozers amidst the cost of living criss. Almost a quarter of businesses within its Star Bar & Pub group will receive the boost – with 100 of these scheduled for revamps averaging [...]
No Yeezy No Problem: Adidas set to double down on US market despite Kanye bill April 30, 2023 Adidas, which has come under pressure after ending its lucrative Yeezy shoe partnership with Kanye West, is trying to grab a bigger slice of the U.S. sports market, the group’s regional head told the Wall Street Journal. “We want to double down on all of the things that are U.S.-centric, particularly around sport,” Rupert Campbell, [...]
Vestager: AI law on the way – but it might take a year April 30, 2023 The European Union is likely to reach a political agreement this year that will pave the way for the world’s first major artificial intelligence (AI) law, the bloc’s tech regulation chief Margrethe Vestager said on Sunday. This follows a preliminary deal reached on Thursday by members of the European Parliament to push through the draft of the [...]
Swiss spin off? UBS set to carve up Credit Suisse after shotgun marriage April 30, 2023 As UBS’s takeover of former rival Swiss bank Credit Suisse nears completion, details are emerging of what the new merged bank will look like. UBS is working towards spinning off the Swiss part of Credit Suisse and having the business’s current head, Andre Helfenstein, run it, NZZ am Sonntag reported on Sunday. The Swiss newspaper cited a [...]
Venkat: Barclays boss at ’95 per cent’ after cancer scare as he warns on UK economy April 30, 2023 The Barclays boss Venkat has said he is running at ’95 per cent’ after a cancer scare at the back end of last year. Coimbatore Sundararajan Venkatakrishnan, better known as Venkat, was diagnosed with non-Hodgkin lymphoma last autumn, but has told The Sunday Times that “my energy levels are 95 per cent – not 100 [...]
Militant rail unions blame Tories for FA Cup and Eurovision strike disruption April 30, 2023 The leader of the train drivers’ union has angrily attacked the Transport Secretary after he criticised a planned strike on the eve of the Eurovision Song Contest final for its impact on Ukraine. Union members will walk out on May 12 as part of a long-running dispute over pay, as well as on May 31 [...]
Foreign Secretary: China talks not a “comfortable chit chat” as hawks circle April 30, 2023 Dealing with China is not a “comfortable chit chat over tea and biscuits”, the Foreign Secretary has said. James Cleverly insisted it was important to maintain dialogue with Xi Jinping’s regime, as hawkish Conservatives urge him to take a harsher line with China over reported human rights abuses in Xinjiang province and Hong Kong. In [...]
Coronation: How much will it be worth to the West End? April 30, 2023 Retail and hospitality businesses across London’s West-End are gearing up for a £50m boost during the Coronation weekend, as a flock of tourists will help temporarily relieve inflationary and cost of living woes. According to figures from New West End Company, which represents 600 retail, restaurant, hotel and property owners spanning from Bond Street to [...]
BP and Shell ready for share price bump as analysts predict super-sized profits April 30, 2023 Oil giant BP is expected to report its second-highest first-quarter profit in more than a decade next week, despite a dip from last year’s massive spike. Analysts expect the company to report that underlying replacement cost profit – the way the company prefers to measure its earnings – reached 4.27 billion dollars (£3.4 billion) in [...]