Electricity Bills Are Going Up—and Show No Sign of Slowing
Utilities are spending heavily to ramp up their transmission infrastructure as electricity demand grows.
Utilities are spending heavily to ramp up their transmission infrastructure as electricity demand grows.
Hundreds of North East family favourite pubs are under threat as their parent company has announced a raft of closures and conversions.
Novlett Robyn Williams was accused of failing repeatedly to comply with her sex offender notification requirements.
STORY: Light-up emojis. Music for pedestrians outside. In China, electric carmakers are offering up luxury tech – without the luxury price tag – in the battle for buyers. Cars are being loaded with once-expensive interior features and technology for as low as $20,000 – less than half the cost of the average new car in the U.S. Analysts say that poses a big challenge for foreign heavyweights like Tesla and Volkswagen. This is the Nammi – on display here at the Beijing auto show. It’s made by state-owned automaker Dongfeng and sells for under $10,000. That’s around the same as BYD’s Seagull EV – China’s fourth best-selling electric vehicle. The market is also crowded with electric and plug-in vehicles that splash luxury technology. Xpeng is planning to offer an EV with high-level self-driving features – for under $21,000. Analysts say the price of specialized components like sensors needed for self-driving and screens for onboard entertainment has tumbled. That's making competition in the world’s largest auto market all the more fierce… And chipping away at the halo that once hung over foreign brands. That’s according to an outlook from McKinsey analysts released in March. Take Zeekr, for instance. It's the carmaker with those emojis. Here’s its Shanghai head of design, Javier-Garcia Gallardo: “When we see the differences between our product launch in China versus our product launch in Europe and, you know, the technical details are as important as the design and the brand. And this integration of technology is essential for the Chinese customer.” Still, German automakers say they’re not backing down. Here’s Mercedes-Benz CEO Ola Kallenius: “We have a dedicated digital tech team here all the way down to providing things like in the new E-Class, you can sing karaoke. Maybe you don't have that feature in Germany. Maybe you should. But here, customers love it.” Mercedes, as well as Volkswagen, both told Reuters they’re working to deliver those so-called “wow effects” for Chinese buyers.
A major valuation gap between BP’s share price and its key rivals could close due to three new strategies being implemented right now. The post With three new value-boosting strategies in place, BP’s share price looks a bargain to me appeared first on The Motley Fool UK.
The U.S. is assembling a new power grid infrastructure—and not a moment too soon. The need for dynamic new approaches in the power and utility sector has never been more urgent. New kinds of distributed
(Bloomberg) -- China’s leading metals companies, including its state iron ore buyer, are considering their next moves following BHP Group’s blockbuster $39 billion approach for rival Anglo American Plc, potentially the largest mining deal in over a decade.Most Read from BloombergUS and Saudis Near Defense Pact Meant to Reshape Middle EastBiden Calls Ally Japan ‘Xenophobic’ Along With China, RussiaSaudi Arabia Steps Up Arrests Of Those Attacking Israel OnlineTesla Axes Supercharger Team in Blow t
As a pension saver, there are now a host of different options to choose from when you turn 55.
ReutersA family aboard a Boeing 777 jetliner that suddenly dropped from the sky after takeoff and almost crashed is suing United Airlines over the harrowing incident they say nearly killed three generations of kin in one fell swoop.“This litigation arises out of the near death of eleven members of the Maltz family on United Airlines Flight 1722 on December 18, 2022, due to the negligence of United Airlines, Inc. and its flight crew,” according to a lawsuit filed April 24 in Chicago federal court
The government has written to BBC Sounds and ITV star Mr Lewis this week, as the Cost of Living crisis continues.
NEW YORK (Reuters) -JPMorgan Chase said in a filing on Wednesday that its assets in Russia may be seized after lawsuits in Russian and U.S. courts. The bank faces several legal challenges over its Russian dealings after the U.S. and European nations imposed economic sanctions on Russia in response to its invasion of Ukraine. The value of claims and orders to freeze assets exceeds JPMorgan's available assets in Russia, the largest U.S. lender said.
Volkswagen’s orders for electric vehicles shot up in Europe in the first quarter of 2024 compared with a year ago, countering suggestions that drivers may be losing interest in EVs.
Specialist business property adviser, Christie & Co, has announced the sale of Moorside Pharmacy in Consett, County Durham.
“Today I'm going to tell you why you don’t want to drive your car with the fuel gauge all the way down to E," he said.
Thousands of London taxi drivers have launched a £250m lawsuit against Uber, claiming the minicab app illegally obtained a licence to operate in London.
Lidl GB’s chief commercial officer Richard Bourns had told MPs: ‘We do not use farm brands, just to be absolutely clear.’
Elon Musk has called for “absolutely hardcore” job cuts at Tesla, as the company lays off hundreds more employees in an attempt to control costs.
(Bloomberg) -- Oil erased some of its losses after plunging Wednesday on a big jump in US crude inventories that bolstered supplies.Most Read from BloombergUS and Saudis Near Defense Pact Meant to Reshape Middle EastBiden Calls Ally Japan ‘Xenophobic’ Along With China, RussiaSaudi Arabia Steps Up Arrests Of Those Attacking Israel OnlineTesla Axes Supercharger Team in Blow to Broader EV MarketHuawei Secretly Backs US Research, Awarding Millions in PrizesBrent for July traded near $84 a barrel aft
Shell is to close its power generation business in China amid a wider Western exodus from the country.
Mr Lewis, the BBC Sounds and ITV regular, explained: "There's a small spark of recovery in energy switching with a handful of new cheaper fixes."
Trade union Usdaw said it had been briefed by Studio Retail about proposed changes at its Hyndburn, Trafford and Widnes sites.