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      Volkswagen’s China crunch deepens as Europe’s biggest carmaker weighs 100,000 job cuts

      Volkswagen is suffering from high costs, fierce Asian competition and a prolonged bitter conflict with unions over plant closures.

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By: Nick Gold

Nick Gold is incoming president of the International Association of Speaker Bureaus and managing director of Speakers Corner.

All 247164 Articles
  • Hotel Chocolat jump more than 10 per cent after digital pivot pays off

    October 5, 2021

    Hotel Chocolat’s shares have jumped more than 10 per cent today, as it posted solid revenue growth for the past year, suggesting the chocolatier’s pivot to becoming a digital brand is making headway. Revenue increased by over 20 per cent, which Walid Koudmani, market analyst at financial brokerage XTB said marked “encouraging signs for its [...]

  • Civil servant Sir John Chilcot dies aged 82

    October 5, 2021

    Sir John Chilcot, who published the damning inquiry into the Iraq war, has died aged 82. The civil servant’s report determined that Prime Minister Tony Blair had not been “straight” with the British public on the justifications for invading Iraq in 2003. The inquiry took seven years to complete after Chilcot was appointed by Gordon [...]

  • Staycations are over: Uber trips to airports soar by 328 per cent after restrictions lift

    October 5, 2021

    British holidaymakers have increased exponentially their trips to the airport after more than a year of ‘staycations’. Data from Uber showed today that in the UK, trips to the airport increased 328 per cent since the government lifted the Covid-19 travel restrictions on 17 May. The statistics showed that trips booked using the reserve feature [...]

  • Johnson: ‘Sadiq Khan has not handled the finances of TfL well’

    October 5, 2021

    Prime minister Boris Johnson has criticised London mayor Sadiq Khan’s handling of Transport for London (TfL) finances, snubbing Khan’s plan to impose a £5.50 levy for those driving into London. The charge is intended to fuel London’s transport system, which is looking for some £8bn to fund an extension of the Bakerloo line to Lewisham. [...]

  • Is Ethereum a drug, and Cardano some kind of fancy Italian hard cheese?

    October 5, 2021

    A new study has highlighted the lack of mainstream knowledge of cryptocurrency, with members of the public believing Ethereum is some sort of illicit drug, and Cardano is a cheese.

  • Staycations are over: Uber trips to airports soar by 328 per cent after restrictions lift – CityAM : CityAM

    October 5, 2021

    British holidaymakers have increased exponentially their trips to the airport after more than a year of ‘staycations’. Data from Uber showed today that in the UK, trips to the airport increased 328 per cent since the government lifted the Covid-19 travel restrictions on 17 May. The statistics showed that trips booked using the reserve feature [...]

  • Priti Patel launches inquiry into ‘systematic failures’ of police following Sarah Everard murder

    October 5, 2021

    Priti Patel has announced an official inquiry into “systematic failures” by the Metropolitan Police after the murder of Sarah Everard. The home secretary said at the Conservative party conference today that the probe would look into how Wayne Couzens, who was a serving police officer when he murdered Everard, was able to continue to be [...]

  • Bank of America commences digital asset research

    October 5, 2021

    The Bank of America has launched digital asset research and said the potential of the crypto space was “difficult to overstate” in a new report. The new research team will be led by Alkesh Shah, head of Global Cryptocurrency and Digital Asset Strategy. It comes after the bank estimated that the sector represents a $2tn [...]

  • Eurostar to hold on to its brand name in Thalys merger

    October 5, 2021

    Eurostar will retain its brand name even after a planned merger with continental operator Thalys. The post-merger business will operate from Brussels but UK-bound services will be overseen by an operational centre in London. The news was first reported by the International Railway Journal. Speaking to the magazine, Belgian National Railways’ chief executive Sophie Dutordoir [...]

  • EG Group to divest some petrol filling stations after watchdog concerns

    October 5, 2021

    Petrol station forecourt operator EG Group has announced it will divest 27 petrol filling stations.  The group – owned by the billionaire Issa brothers – said it had entered into a binding agreement to divest more than two dozen stations across the country to Park Garage Group. It comes after the competition watchdog expressed concerns [...]

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