Volvo Cars has downgraded its delivery targets for the year because of lockdowns in China, while rising costs and the need to buy semiconductors on the open market cut its...
Production of cars in the UK fell in September for the first time in five months, with outputs slipping six per cent as the sector continues to bear the brunt of...
Shares in UK electrolyser maker ITM Power plunged by a third on Thursday after it flagged further production delays, in the latest blow to Britain’s aspirations to establish its own...
Former Volkswagen chief Herbert Diess was once asked privately which carmaker he feared most. Instead of Tesla, the Californian pioneer of electric cars, or one of his traditional rivals in...
Shell’s profits hit $9.5bn in the third quarter as the oil and gas giant said it would increase its dividend by 15 per cent after a particularly strong performance from...
Workers at one of the biggest factories producing Apple iPhones are pleading for food and medical supplies as China’s zero-Covid policy causes havoc in the world’s most important manufacturing hub.Beijing’s...
WASHINGTON — President Biden will travel to Syracuse, N.Y., on Thursday to highlight investments in semiconductor manufacturing and make a last-ditch attempt to win over voters on inflation, the economic...
Unilever pushed up its prices by 12.5 per cent in the third quarter of the year from a year earlier, its highest-ever quarterly increase, becoming the latest consumer goods maker...
A leap in London rents has provided a boost for Foxtons, prompting the estate agency to raise its full-year profit expectations.Rents have surged in the capital, as workers and overseas...
Profits at Lloyds bank dropped by a quarter in the three months to September as the lender sharply pushed up its provisions for bad debts, offsetting the boost it received...