Business

Liverpool Lands Chery European Headquarters in Significant Market Move

Liverpool will serve as the European headquarters for Chinese carmaker Chery's research and development operations, with the state-owned manufacturer consolidating European commercial vehicle activities on Merseyside. The facility will integrate research, engineering, and commercial functions. Chery has successfully entered the UK market through its Omoda and Jaecoo brands and is now introducing its primary Chery brand with an advertising campaign starring Peter Crouch, the former...

EasyJet Opposes EU Free Baggage Rules Citing Fleet Utilization Impact

Budget airline EasyJet has warned that European Union baggage regulations could impact fleet utilization efficiency by creating boarding delays that reduce aircraft productivity. The legislative proposal under consideration would mandate free cabin baggage across European air travel. Parliamentary votes have advanced regulations requiring airlines to provide allowances for both personal items and larger carry-on bags. The airline's leadership emphasizes that efficient fleet utilization depends on minimizing...

Google’s £5B UK Investment to Drive Economic Revival and Green Transition

Google's £5 billion ($6.80 billion) investment in the United Kingdom is set to drive both an economic revival and a green energy transition. The...

Beyond Russia: Trump Widens Economic Conflict to Include China

President Donald Trump has significantly widened the scope of the economic conflict over Ukraine, moving beyond Russia to include its most powerful partner, China....

From Alaska to Brussels: Trump’s Frustrated Peace Efforts Lead to Tariff Threats

President Donald Trump's frustrated efforts to broker peace, from a summit with Vladimir Putin in Alaska to talks in Washington, have culminated in a...

A Board Divided? No, Tesla Directors Sign Off on Unified, Bold Musk Bet

Despite external perceptions of controversy surrounding Elon Musk, Tesla's board of directors has presented a remarkably unified and bold front with its new trillion-dollar...

A Long Road Ahead: Google and DOJ to Propose New Remedy Plan by 2025

While the headline decisions have been made, the Google antitrust case is far from over. The judge has directed both Google and the Department...

Levi’s UK Fears a Consumer Cold Shoulder Over US Politics

Levi's UK is worried it might get the cold shoulder from British consumers due to US politics. The company has formally warned that "rising...

Banking Behemoths Bleed Billions as New Tax Idea Spooks Investors

Britain's banking behemoths bled billions in value on Friday as a new tax idea, floated by a prominent thinktank, spooked investors and sent share...

Oil and Allies: A Rift Grows Between US and India over Russia Policy

A serious rift is growing between the United States and its ally India, centered on the contentious issues of oil and policy towards Russia....

UK’s Green Transition Hits a Red Light as Carmakers Win Policy Battle

The UK's rapid transition to green transport has hit a red light, with the government agreeing to slow down after a major policy battle...

The Waiting Game: European Carmakers’ Relief Delayed by EU Politics

European carmakers, the intended beneficiaries of the new US-EU trade deal, are now caught in a frustrating waiting game as their promised tariff relief...

The Chrome Gambit: Perplexity Bids $34.5 Billion on Google’s Browser

In a bold move, AI startup Perplexity has launched a $34.5 billion bid to acquire Google's Chrome browser. The offer is a strategic maneuver...

“Extraordinary Situation”: Ørsted CEO on $9B Fundraiser and Stock Collapse

Citing an "extraordinary situation," Ørsted's chief executive Rasmus Errboe has overseen the announcement of a $9 billion fundraiser as the company's stock collapsed to...