Production Of These Popular SUVs Was Just Shut Down
The Texas walkout came one day after workers shut down Stellantis’ Ram Truck plant in Michigan.
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Austria stalls Russian sanctions over Raiffeisen blacklisting | Reuters News Agency
Business & FinanceGovernment 14 December 2023, 5:25 am 1 minute Reuters exclusively reported that Austria is seeking to have Raiffeisen Bank International, the biggest Western bank in Russia, struck off a Ukrainian blacklist in return for signing off fresh European Union sanctions on Russia, said two people familiar with the situation. Market Impact Raiffeisen’s presence…
Electric cars: Sales lose momentum, prompting tax cut calls
Despite the delay in the ban, firms will still be forced to meet strict quotas for selling electric cars from January, ensuring that more than one in five cars sold are zero emission models. If not, they will face heavy fines and the target will go up each year until 2030.
Fuselage breach on Alaska Airlines flight puts Boeing under new scrutiny
Comment on this storyComment Add to your saved stories Save The harrowing midair breach of the fuselage on an Alaska Airlines flight near Portland, Ore., on Friday caps a turbulent year for Boeing, with its flagship 737 Max jets beset by manufacturing problems. With an eye on the potential financial hit, the company had recently…
Mortgages: Barclays and Santander cut rates as competition intensifies
The interest rate on a fixed mortgage does not change until the deal expires, usually after two or five years, and a new one is chosen to replace it. Doing nothing would leave people on a variable rate, which is very expensive – with an average rate of more than 8%.
Tesla’s response to the DMV’s false-advertising allegations: What took so long?
Seven years after Tesla released the automated driving feature it calls Full Self-Driving, the California Department of Motor Vehicles is pressing accusations of false advertising, with serious implications for the electric car maker. Tesla is defending itself by saying, in effect, that the DMV let the company slide for so many years, the case no…
Ex-China central banker accused of accepting ‘massive’ bribes admits to ‘huge mistake’
A disgraced former Chinese central banker admitting to making a “huge mistake” after being arrested last year on suspicion of bribery. Fan Yifei, 59, was the highest-ranking official at the People’s Bank of China when he was arrested under President Xi Jinping’s campaign to weed out the “flies and ants” in the financial, energy and…
