Volkswagen sets 1m electric vehicle target as it outlines cost-cutting plan March 16, 2021 Volkswagen today said it aims to sell 1m electric or hybrid vehicles this year as the German car giant outlined plans to return to profitability through a cost-cutting plan. Sales of electric vehicles grew sharply last year, but the company is now targeting a rapid expansion that would see its deliveries more than double in [...]
Visa plans to increase online interchange fees for UK customers buying from EU firms March 16, 2021 Visa – the UK’s biggest debit card provider – is reportedly planning to increase fees on purchases made by British customers from most of Europe. The payments giant is preparing to inform its 4,000 clients that the interchange fees will be hiked to 1.5 per cent for online credit card payments, Sky News reported. Meanwhile, [...]
Exclusive: Central London office investment activity jumps on success of UK vaccine rollout March 16, 2021 Investment activity in the Central London office sector jumped last month as the progress of the UK’s Covid vaccination programme bolstered buyer confidence, City A.M. can reveal. In the City of London, £346.55m was transacted across four deals in February, compared to just £30.96m in the previous month. Investment in the Square Mile was down [...]
Back to work: Nutrition tricks to prepare you for an office return March 16, 2021 As we prepare for a phased return to something resembling normality, you can’t overstate the importance of nutrition to get you brain ready for the daily grind. Here are some nutrition tips and tricks to help set some positive new habits. The first thing to bear in mind is that there is no one best [...]
China asks Alibaba to sell media assets amid crackdown on Jack Ma March 16, 2021 China is said to have asked Alibaba to sell its assets in the media sector as Beijing continues to pile pressure on the company’s billionaire founder Jack Ma. The two sides have been in discussions over the matter since the beginning of the year, according to multiple media reports, with officials said to be shocked [...]
Begbies Traynor boss on pandemic insolvencies: ‘The worst is yet to come’ March 16, 2021 Begbies Traynor boss on pandemic insolvencies: 'The worst is yet to come'
Hong Kong Racing Tips: Wally Pyrah’s Happy Valley fancies March 16, 2021 DOUGLAS Whyte’s NORDIC WELLSTAR looks the star bet, on an intriguing and highly competitive nine-race programme, at Happy Valley in Hong Kong on Wednesday. This is a big week for the former 13-time champion jockey turned trainer, who will be looking to his ex-Australian four-year-old as a launch pad for success when the he lines-up [...]
Kraken surpasses 500,000 ETH milestone March 16, 2021 One of the original cryptocurrency exchanges – Kraken – has passed the half million mark for the amount of Ether within the platform.
Credit Suisse warns of financial hit from Greensill collapse March 16, 2021 Credit Suisse has warned it may book a charge following the collapse of Greensill Capital as scrutiny grows over its relationship with the firm. Earlier this month the Swiss bank closed a $10bn suite of supply-chain finance funds linked to Greensill, and it is also trying to recoup a $140m loan it made to the [...]
UK sets out plans to be a ‘meaningful actor’ in new space race March 16, 2021 Boris Johnson has today set out plans to make the UK a “meaningful actor” in the new space race, with the capability to launch satellites from sovereign territory by 2022 a priority. Today’s Integrated Review of the UK’s foreign and defence policy said that space would become one of the key sites of international competition [...]
