China in three decade oil demand hit amid economic slowdown September 14, 2022 China oil consumption is set to shrink by the greatest amount in three decades, driven by Beijing’s adherence to strict Covid-19 restrictions to tame the virus, the world’s energy watchdog said today. Oil demand will drop around three per cent this year caused by economic activity taking a hit from Beijing’s zero-Covid tolerance policy, the [...]
McDonald’s is latest to shutter on Monday for Queen’s funeral September 14, 2022 Fast-food giant McDonald’s is the latest retailer to close its doors on Monday for the Queen’s funeral. The restaurant chain’s UK arm announced it would close until the early evening as up to a million descend on central London to say goodbye to Her Majesty. Earlier this week, Lidl, Waitrose and Sainsbury’s and Tesco were among [...]
Porsche Macan T review: The SUV sweet-spot? September 14, 2022 Sportier looking and sharper to drive, could the new Macan T be the sweet-spot for Porsche's family SUV? Tim Pitt drives it.
Bodies Bodies Bodies is a slasher satire of gen-Z egoists September 14, 2022 Incorporating elements of slasher horror, whodunnit, and dark comedy, Halina Reijn’s English directorial debut Bodies Bodies Bodies distinguishes itself with a wry smile in a genre often overwrought with cliché and predictable storytelling. The latest offering from A24 — who graced our screens with unexpected gems like Everything Everywhere All At Once and last year’s [...]
Heathrow cancels flights ‘to ensure silence’ for Queen coffin procession and funeral September 14, 2022 Heathrow Airport cancelled flights today to “ensure silence” over the capital during the procession for HM The Queen, and will pull more journeys on Monday for the funeral. The UK’s biggest airport said it had made “appropriate alterations”, with flights between 13.50 and 15.40 on Wednesday “disrupted.” It said disruption was to “ensure silence over [...]
Zara owner Inditex admits further price increases are on the way September 14, 2022 Zara owner Inditex has admitted it plans to increase prices again this autumn, as it battles elevated headwinds. It comes as clothes shoppers are facing their own constraints on discretionary spending as household bills rocket. Europe’s largest fashion retailer will boost prices in the second half of the year, its chief financial officer Ignacio Fernandez [...]
Queue to see Queen lying in state could stretch 10 miles September 14, 2022 The government has prepared for the queue to see the Queen lying in state at parliament to be up to 10 miles long. Up to 1m people are expected to turn out to pay their respects to the late monarch at Westminster Hall, with access to the public beginning at 5pm today and lasting until [...]
Von der Leyen sets out £120bn energy windfall plan and says Ukraine may join single market September 14, 2022 The European Union has set out plans to raise more than £120bn with a windfall tax and revenue cap on energy suppliers, as its commissioner reiterated the bloc’s backing for Ukraine. The body announced it would cap revenues for non-gas energy suppliers in a bid to reverse the fuel problem in Europe, sparked in part [...]
Shares dive for Joules after stake acquisition talks with Next called off September 14, 2022 Joules’ shares have been further subdued after it confirmed it is no longer in discussions with Next acquiring an equity stake in the lifestyle group. The ailing retailer’s share price was down around twelve per cent in early afternoon trading on Wednesday, following an announcement the day before. Shares were down by 33 per cent [...]
Lufthansa returns private as Berlin offloads remaining stake September 14, 2022 Lufthansa has announced its return to private ownership after the German government sold its remaining 20 per cent in the carrier. “This brings the stabilisation of Lufthansa to a successful conclusion,” said chief executive Carsten Spohr. “Lufthansa is once again fully in private hands.” During the pandemic, the company was saved from bankruptcy by a [...]
