People walk in the rain at the Canary Wharf business district in London, Britain. Reuters
LONDON: Britain’s former telecoms monopoly BT will consolidate its UK offices from 300 locations to roughly 30 sites while pressing ahead with plans to leave its St Paul’s headquarters in London, the company said on Wednesday. New BT chief Philip Jansen inherited a major restructuring begun by predecessor Gavin Patterson
Tesla has unveiled its first electric pickup truck that looked like a futuristic angular armored vehicle in gunmetal gray, as the California company took aim at the heart of Detroit automakers’ profits.
Japan’s annual core consumer inflation ticked up only marginally in October despite the boost from a sales tax hike during the month, suggesting weak household sentiment is keeping companies from passing on the higher costs.
Strong German exports to the United States helped Europe’s largest economy to avoid a recession in the third quarter, a data showed on Friday, as companies benefitted from a weaker euro and trade diversion linked to the US-China tariff dispute.