The UK car industry has warned of challenges just to remain operational after it produced just shy of 65,000 cars last month – the weakest October since 1956. The Society of Motor Manufacturers and Traders (SMMT) blamed “production stoppages” linked to the shortage of semiconductors globally for the woeful total, adding that a resurgent coronavirus
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Retailers are putting up prices at the fastest rate since 1990 according to industry figures that add to evidence of a cost of living squeeze this winter. A CBI survey also suggested that sales have been boosted by consumers starting their Christmas shopping early because of fears over supply disruption. Clothing and department stores saw
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Oil wells pumping outside of Midland Texas. Joe Sohm | Visions of America | Universal Images Group | Getty Images The Biden administration’s decision to release oil from U.S. reserves is a “mistake,” former U.S. Energy Secretary Dan Brouillette told on Wednesday. “I do think it’s a bad policy choice. There’s no question about that,”
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The Pentagon is creating a new office to investigate unidentified flying objects amid concerns that after broad probes it cannot explain mysterious sightings near highly sensitive military areas. Deputy Secretary of Defense Kathleen Hicks, working with the US director of national intelligence, ordered the new investigatory body to be established in the US Defense Department’s
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In this article 700-HK People walk past a Tencent sign at the company headquarters in Shenzhen, Guangdong province, China August 7, 2020. David Kirton | Reuters GUANGZHOU, China — Tencent must get approval from Chinese regulators to send out updates for its apps, state broadcaster CCTV reported Wednesday. The move comes after regulators found several
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The SONDORS Metacycle electric motorcycle’s reservation window had previously closed for new pre-orders. But today the company re-opened reservations while maintaining the original promotional price of $5,000. This comes after SONDORS had previously indicated that the price would be rising to around $6,000 or more when the reservation period closed last month. The current reservation
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A group campaigning for lower fuel prices has demanded urgent intervention, claiming drivers are being “fleeced” as costs continue to hit record levels. FairFuelUK (FFUK), which has backing from haulage and logistics lobby groups, told Sky News it was clear that the Competition and Markets Authority should look at how “rip-off” pump prices are calculated
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