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The luxury carmaker is suing a Swiss dealership over claims that deposits against its £2.5m Valkyrie hypercar were withheld.
Chipmaker GlobalFoundries said on Tuesday it will spend $6 billion to expand capacity at its factories in Singapore, Germany and the United States amid a chip shortage that is hurting automakers and electronics firms globally. The U.S.-based company, owned by Abu Dhabi's state-owned fund Mubadala, said it will invest more than $4 billion in Singapore, and $1 billion each in the others over the next two years. The unlisted company's Singapore operations contribute about a third of its revenue.
British supermarket sales fell 1.6% in the 12 weeks to June 13 year-on-year as the re-opening of indoor hospitality took spend away from the grocers and into the nation’s cafés and restaurants, industry data showed on Tuesday. Market researcher Kantar said, however, that sales in the period were still 3.3 billion pounds ($4.6 billion) higher than in 2019 before the pandemic hit. In contrast discounters Aldi and Lidl saw sales growth of 6.6% and 4.9% respectively, with Aldi's market share hitting 8.2%, matching its highest ever in March 2020.
Australia said Tuesday it will fight against plans to downgrade the Great Barrier Reef’s World Heritage status due to climate change, while environmentalists have applauded the U.N. World Heritage Committee’s proposal. The committee said in a draft report on Monday that “there is no possible doubt” that the network of colorful corals off Australia’s northeast coast was “facing ascertained danger.” The report recommends that the world’s most extensive coral reef ecosystem be added to UNESCO’s List of World Heritage in Danger, which includes 53 sites, when the World Heritage Committee considers the question in China in July.
MT Højgaard Holding A/S’ business unit, Enemærke & Petersen A/S, has entered into an agreement to acquire 60% of the shares in construction group NemByg A/S. The current owners, including the management team, continue as minority shareholders until the end of 2024 after which Enemærke & Petersen has an option to acquire NemByg in its entirety. The purchase price for 60% of the shares is DKK 41 million (enterprise value). The price for the remaining 40% will be based on an earn-out model and refl
Press Release Nokia increases choice and flexibility for employees following COVID-19 Nokia is strengthening its existing flexible working practices, rethinking office spaces, and investing in technology to enable increased collaboration, following its experiences during COVID-19. Around 26,000 employees responded to a company-wide survey about their remote working experience during, and working preferences after, the COVID-19 pandemic.New guidelines, effective 1 January 2022, provide flexibilit
Cleantech company Dlaboratory Sweden AB (publ) releases smaller, but significant improvements to the data analytics platform dInsight. By focusing on the divergences and patterns in trends over time and not just incident data, the user can faster form an impression of the grids’ condition. Visualizing incidents over time is one of the main features of dLab’s data analytics platform dInsight. A powerful visual tool for grid analytics, dInsight is set up to support the decision-making processes in
Most of Lasalle's Continuing Education Programme courses are funded by SkillsFuture, with many supported by the National Silver Academy.
Prime Minister Boris Johnson has poured cold water on hopes for a return to normal foreign travel this summer telling the public to expect “hassle” and “delays”. On Tuesday, more than 400 of the world’s biggest travel companies will publish an letter to Mr Johnson warning the UK faces losing £639 million a day in July if restrictions are not eased.
(Bloomberg) -- India administered 8.62 million vaccine doses in the last 24 hours, a daily record for the nation, as its new cases dropped to the lowest since March.Italy will end mandatory use of face masks in open spaces that are within low-risk zones beginning June 28, Health Minister Roberto Speranza said in a Twitter post late Monday. Singaporean authorities identified two more coronavirus clusters in a large neighborhood outside the city center where the government widened mandatory testin
‘That is the very moment, and I don’t even think I realised this for a long time, but that’s the very moment that started a four-year depression for me’
Missed day one of Prime Day? There’s still plenty of time to bag a bargain in this year’s sale
Crystal Peak Acquisition, a special purchase acquisition company, said it has raised $150 million in a private placement and will begin trading on Euronext Amsterdam on Tuesday. Crystal Peak, a SPAC backed by Michael Tobin, Rupert Robson and Seth Schelin, said in a statement it would target buying a European technology company.
Hong Kong resident Tsang Yin-Hung, who made the fastest ascent of Mount Everest by any woman, and dozens of other mountaineers from China are unable to get out of Nepal because of COVID-19 restrictions imposed by Beijing, they said. Nepal has had a surge of infections including at the base camp of Everest, prompting several countries to block travel from there. The travel restriction was imposed after the climbing season began and there were fresh outbreaks in Nepal.
From air fryers to coffee machines, there’s a second day of Prime Day savings up for grabs
The ONS said government borrowing stood at £24.3 billion in May, down from £43.8 billion a year earlier at the height of the pandemic.
Their songs are about “women chained” in abuse witnessed by generations, or teenage brides being forced into marriage by their fathers. A female Roma band in Serbia is using music to preach women's empowerment within their community, challenging some deeply rooted traditions and centuries-old male domination. Formed in 2014, “Pretty Loud” symbolically seeks to give a louder voice to Roma girls, encourage education and steer them away from the widespread custom of early marriage.
Demonstrations have been held in cities around England in response to the Police, Crime, Sentencing and Courts Bill.
It’s game day for England as they prepare to take on Czech Republic in the Group D decider. The Three Lions, though, will be without self-isolating Chelsea duo Mason Mount and Ben Chilwell, removed from the group after coming into contact with Scotland midfielder Billy Gilmour, who has tested positive for Covid-19. It has thrown Gareth Southgate’s plans into doubt as they look to beat the Czechs and top the group this evening, with their place in the knockout stage already confirmed after Tuesday’s results.
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