A modular home under construction in Coventry, UK. Reuters
Jaguar Land Rover (JLR) is making a multi-million pound investment to build electric vehicles in Britain, in a major boost for the UK government and a sector hit by the slump in diesel sales and Brexit uncertainty.
The weeks before Easter are usually some of the busiest of the year for bankers, lawyers and consultants in the City of London, as clients rush to get deals done before a run of public holidays. But this year comparatively little has been happening.
Japanese businesses with links to Britain say they have no immediate plans to flee the country as its government seeks to hammer out terms of its exit from the European Union, a Reuters poll found. Many said they would take a «wait-and-see» stance toward Brexit.
Britain’s Brexit-bound economy unexpectedly grew in February, helped by manufacturers rushing to meet orders from clients who are stockpiling goods ahead of the country’s break from the European Union, official data showed. While still sluggish, the economy expanded by 0.2 per cent from January, the Office for National Statistics said. Economists in a Reuters poll had expected zero growth.
Pakistan’s Board of Investment (BoI) on Monday organised an investment promotion seminar to apprise the potential foreign investors on investment policies and potential in Pakistan.
Toyota and Hyundai embarrassed billionaire Elon Musk with going ahead with hydrogen fuel cells cars.Tesla founder Musk earlier described hydrogen fuel cells as "absolutely ridiculous and illogical".
The face of the $20.51 trillion global banking industry and the payment industry is changing rapidly due to the Open Banking revolution