In IT, Innovation and Startups
Company cites ‘extraordinarily difficult times ahead’ behind decision to slash about 600 employees Elon Musk’s rocket company SpaceX will reduce its workforce by about 10% of the company’s…
Continue ReadingFord wants to cut 370 workers at an engine plant in south Wales in the first phase of almost 1,000 job losses, BBC Wales understands. Unions have pledged…
Continue ReadingOil prices closed lower for the first time in two weeks Friday as investors paused to assess the economic outlook and OPEC’s ability to counter the U.S. shale…
Continue ReadingTwo-thirds of UK households visited a discounter over Christmas, handing Aldi and Lidl their biggest ever slice of spending as political uncertainty prompted shoppers to keep a tight…
Continue ReadingBrexit will slice nearly one-fifth off the value of Britain’s commercial farms according to forecasters, bringing to an end the decades-long boom in agricultural land prices as EU…
Continue ReadingIn IT, Innovation and Startups
Samsung Electronics expects to post a 29% drop in quarterly operating profit as demand for smartphones and memory chips slows. The firm forecasts operating earnings of 10.8 trillion…
Continue ReadingBritish new car sales in 2018 fell at their fastest rate since the global financial crisis a decade ago, hit by the collapse in demand for diesel, as…
Continue ReadingBrexit uncertainty has forced City firms to move at least £800bn worth of assets out of London and into rival EU cities, new data reveals. Investment banks, fund…
Continue ReadingIn IT, Innovation and Startups
Energy supplier Economy Energy has been banned from taking on new customers until it improves its customer service. The energy regulator, Ofgem, said the ban would remain in…
Continue ReadingWhether you’re a staunch remainer or avid Brexiteer, there’s no denying that the UK’s impending exit from the EU has caused property market jitters – and the ongoing…
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