BUSINESS

Car production falls to lowest level for 65 years

Car production in the UK last year fell to its lowest level since 1956, according to figures from the Society of Motor Manufacturers and Traders.

Google sued in US over deceptive location tracking

Google is being sued in the US over accusations it deceived people about how to control location tracking.

The legal action refers to a…

Unilever says it will not increase £50bn bid for rival

Consumer goods giant Unilever has said it "will not increase" its £50bn offer for GlaxoSmithKline's (GSK) healthcare arm after the bid was rejected.

Marmite maker Unilever to cut 1500 jobs worldwide

Consumer goods giant Unilever has confirmed it will cut about 1,500 jobs globally as part of an overhaul of its management and structure.

The…

Global chip shortage: US says firms stocks have plunged

Manufacturers have seen their stocks of semiconductors plunge amid the global chip shortage, the US Department of Commerce has warned.

A survey…

As Big Tech stocks get slaughtered Intel rises from the ashes

Intel was once the undisputed king of the semiconductor industry until the chip giant lost momentum to rivals Nvidia and Advanced Micro Devices in…

The world bought more champagne than ever last year

Champagne houses are celebrating after sales and exports set new records last year even as pandemic lockdowns forced many bars and restaurants…

U.S. suspends 44 U.S flights by Chinese carriers after China action

WASHINGTON -The U.S. government said on Friday it would suspend 44 China-bound flights from the United States by four Chinese carriers in response…