Volkswagen to present software roadmap later this month December 5, 2022 Volkswagen is set to present its new software roadmap later this month, according to sources. People close to the matter told German business newspaper Handelsblatt that Volkswagen’s chief executive Oliver Blume will present the strategy at a supervisory board meeting on 15 December. The software roadmap – which will cost the group €1bn (£861.6m) – [...]
Investors lose interest in supply chain tech as pace of onshoring quickens December 5, 2022 Venture capital investment into supply chain focused technology has significantly slowed in the past few months, following a pandemic-era boom. Startups around the world injected $3.3bn (£2.6bn) to the industry in the third quarter, down more than 77 per cent in comparison with the same months a year ago, according to data research firm Pitchbook [...]
Searcys boss: London venues set for ‘real reality check’ in the new year with spending slowdown warnings December 5, 2022 London restaurants face a “real reality check” come January and February, as consumers will pull back from dining out after Christmas, the boss of champagne bar chain Searcys has warned. Diners will “want to batten down the hatches” next year after enjoying their first Christmas free of Covid measures in three years, with the cost [...]
‘The power of And’: Toyota launches new strategy to reach net-zero in EU by 2040 December 5, 2022 Toyota has launched a new strategy to achieve carbon neutrality in Europe by 2040 at the latest. The Japanese marque will focus on driving down the environmental costs of its operations as well as ramping up its electric vehicles’ production, as it aims for its fleet to become net-zero by 2035. To do so – [...]
The best cars of 2022 for sheer driving fun December 5, 2022 These are the most exciting or memorable cars we drove in 2022, from the Dacia Jogger to the Porsche Cayman GT4 RS.
Exclusive: Ofgem is ‘overcompensating’ for its failures, warns energy boss December 5, 2022 Ofgem's flurry of reforms to the energy sector could stop new ideas from entering the market warned the boss of Good Energy.
Credit Suisse shares jump on rumours of Saudi Crown Prince investment December 5, 2022 Shares in beleaguered lender Credit Suisse have been given a boost today on reports that Saudi Crown Prince Mohammed Bin Salman is poised to snap up a stake of its spun out investment banking division.
Premier Inn owner Whitbread’s new CEO will join from Domino’s in January December 5, 2022 Premier Inn owner Whitbread has announced its new CEO Dominic Paul will join in January. Paul, who has been chief executive at Domino’s Pizza for almost three years, will join its Board on 17 January, taking over from outgoing chief executive Alison Brittain. It was announced in June he would be the next head of [...]
Legal sector talent war drives boom in London office market December 5, 2022 Britain’s top law firms are driving a surge in demand for City office buildings in their efforts to win over talent and meet their ESG goals. Law firms have taken up a record 1.5m square foot of office space in 2022, following a series of big deals involving Britain’s top firms, data from Knight Frank [...]
Home REIT ‘significantly’ inflated property value, claims shadowy activist investor December 5, 2022 Home REIT has faced calls for its board to be sacked today for “significantly” inflating its property portfolio, in the latest of a string of attacks against the social housing investor in the past two weeks.
