Business

Waitrose wounded as supermarket sales slow to lowest level in almost two years
Waitrose wounded as supermarket sales slow to lowest level in almost two years

Food price inflation rose by 1.6 per cent, nearly half the rate of last year, which benefited consumers, but hit supermarkets.

11 hours ago

Daimler to buy $23B worth of battery cells for electric car production
Daimler to buy $23B worth of battery cells for electric car production

FRANKFURT — Daimler will buy battery cells worth more than 20 billion euros ($23 billion) by 2030 as it readies mass production of hybrid and electric vehicles, the maker of Mercedes-Benz cars said on Tuesday. The company is one of a number of German automakers massively expanding in electric vehicles as European regulators clamp down...

11 hours ago

Ousted Nissan Chairman Ghosn to remain behind bars even longer
Ousted Nissan Chairman Ghosn to remain behind bars even longer

TOKYO — A Tokyo court ruled Tuesday that Nissan Motor Co.’s former chairman, Carlos Ghosn, and another executive will remain in custody through Dec. 20, more than a month after their arrest. Their detention could continue for months more under the Japanese legal system. The Tokyo District Court said Tuesday that it had rejected a...

11 hours ago

 Markets Right Now: Tech stocks lead gains on Wall Street
Markets Right Now: Tech stocks lead gains on Wall Street

Stocks are opening higher on Wall Street as technology companies gain back some of the ground they've lost in recent days.

11 hours ago

Pinterest sees 690% surge in 'side hustles at home,' unveils top search trends
Pinterest sees 690% surge in 'side hustles at home,' unveils top search trends

Pinterest is on top of 2019 trends including ginger oil, Bakuchiol, dilapidated castles, hot springs, godparent proposals, and vertical gardens.

12 hours ago

 US wholesale prices rise 0.1 pct., a sign inflation in check
US wholesale prices rise 0.1 pct., a sign inflation in check

US wholesale prices inch up 0.1 percent in November as gas costs fall

12 hours ago

Shares in online retailer MySale crash more than 50% as it warns it will make a loss
Shares in online retailer MySale crash more than 50% as it warns it will make a loss

Mysale, which operates flash-sales websites in Australia, the UK, New Zealand and South East Asia, said it expects to make an underlying loss in the first half to December.

12 hours ago

 AP names Daisy Veerasingham as its chief revenue officer
AP names Daisy Veerasingham as its chief revenue officer

AP appoints Daisy Veerasingham to new position of chief revenue officer

14 hours ago

One in eight millennials think they will have a better quality of life, study finds
One in eight millennials think they will have a better quality of life, study finds

A survey of 5,000 people has found just 13 per cent of 18 to 24-year-olds in the UK believe their generation will have a better standard of living than previous ones.

14 hours ago

Barclays customers can now 'switch off' from five types of problem spending
Barclays customers can now 'switch off' from five types of problem spending

Barclays has become the first high street bank to give customers the ability to 'switch off' certain areas of problem spending, such as gambling and premium rate numbers.

14 hours ago

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