Volkswagen Group weighs retiring Seat brand by 2029 to focus on Cupra
Volkswagen Group is considering phasing out the Seat brand by 2029 as part of a cost-cutting plan, concentrating resources on its sportier Cupra offshoot, …
6 min
Section
Business
Chinese car brands shift UK strategy from EVs to hybrids and petrol
Chinese manufacturers are expanding UK sales of plug-in hybrids and petrol models after using affordable EVs to enter the market, industry experts say, with …
4 min
Xpeng takes control of UK sales ahead of L03 crossover launch
Chinese EV maker Xpeng is bringing its UK sales operations in-house ahead of launching the L03 coupé-crossover, while retaining International Motors for operational support.
3 min
Shein shares slide on Hong Kong debut after valuation drops to $26.5bn
Shein Global Holdings began trading on the Hong Kong Stock Exchange at HK$48.56 per share, with the stock falling more than 9% before recovering. …
4 min
Shein shares fall after stock market debut in Hong Kong
Shein's shares dropped by as much as 10% in early trading following the company's stock market debut in Hong Kong, marking a shaky start …
4 min
North Sea oil and gas project approvals fell 81 per cent under Labour, report finds
A new report shows North Sea oil and gas project approvals fell by 81 per cent under the Labour government, prompting accusations that the …
4 min
American Assets Trust Executive Chairman Buys 100,000 Shares
American Assets Trust Executive Chairman Ernest Rady has purchased 100,000 shares of the real estate investment trust, a transaction that investors often interpret as …
4 min
Edinburgh market traders hope for bumper business as Princes Street reopens
Market stall owners in Edinburgh are hoping for a return of footfall and a 'bumper' trading period after Princes Street fully reopened to traffic …
3 min
Halfords shares hit four-year high as warm weather lifts annual profit outlook
Halfords shares reached a four-year high after the retailer raised its annual profit outlook, citing heightened seasonal demand driven by warm weather that delivered …
4 min
LIV Golf to lay off majority of staff as talks continue over new investors
LIV Golf has informed most of its workforce that they will be laid off in early September, four months after Saudi Arabia's Public Investment …
3 min
How Football Turned Uncertainty Into a Global Industry
Football’s commercial network connects local identity to global broadcasters, sponsors, transfer markets and stadium businesses. Its central commodity is not a guaranteed result but …
6 min
Hyundai and Genesis to launch 41 new cars in Europe by 2030
Hyundai Motor and its Genesis premium division have pledged to launch 41 new or refreshed models in Europe by 2030, aiming to quadruple electric …
4 min
From Russian warehouses to AliExpress: the unresolved route behind Wildberries sellers’ claims
Pladrom traces a cross-border logistics theory involving fire-hit warehouses, AliExpress listings and Kazakhstan, while finding no documentary chain for a specific diverted item.
5 min
Shein targets up to £20bn valuation in September stock market float
Fast-fashion retailer Shein is reportedly planning a stock market listing in September that could value the company at up to £20bn, a sharp drop …
4 min
Government launches review to make business rates fairer for pubs and hotels
An independent review for England and Wales will examine how business rate valuations are calculated for hospitality venues, following sharp bill increases after pandemic-era …
4 min
IKEA to launch second-hand furniture marketplace
IKEA is preparing to launch a dedicated marketplace for buying and selling pre-owned furniture, positioning itself against platforms such as Vinted and eBay. The …
5 min
Mercedes CEO: Future EVs Will Keep the Brand’s Soul
Mercedes-Benz CEO Ola Källenius says the brand’s new electric cars, including the C-Class Electric, will combine advanced software with the traditional premium feel that …
3 min
JD Sports cuts profit forecast as trainer market stays tepid
JD Sports has lowered its annual profit guidance by £50m, blaming weak demand for new trainer designs from Nike and Adidas and persistent cost-of-living …
5 min
Chinese labour unrest tests the supply chain behind Russia’s Ust-Luga project
Hundreds of workers at the Baltic Chemical Complex have protested months of unpaid wages. The dispute shows how labour, subcontracting and state-backed industrial strategy …
5 min
Hiring Ghosting Is Becoming a Two-Sided Market Failure
U.S. surveys show young candidates and employers disappearing on each other, turning communication quality into part of the competition for labour.
4 min
