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Intel shares slide 12 per cent as supply constraints limit growth
Posted onUnlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Intel shares dropped as much as 12 per cent on Thursday after the US chipmaker gave a downbeat revenue outlook linked to issues in the launch of its new manufacturing technology that is critical to…
Porsche shares plunge after announcing EV rollout delay
Posted onPorsche’s stock tumbled by more than 7% on Monday after warning last week that delays in its electric vehicle (EV) rollout will dent the carmaker’s 2025 earnings. Caught between electrification and its iconic petrol-powered sports cars, the German firm said it will slow its push for EVs as demand weakens. Shares of its parent Volkswagen…
Brixton Soup Kitchen prepares for busy Christmas
Posted onHelen DrewPolitics London BBC Solomon Smith founded the charity after witnessing poverty among his peers As Christmas approaches, Brixton Soup Kitchen is busier than ever. Set up more than a decade ago to feed homeless people, the charity now serves anyone who cannot afford to eat. Solomon Smith said he founded the charity with money…
Americans have drawn a red line in Minnesota
Posted onUnlock the White House Watch newsletter for free Your guide to what Trump’s second term means for Washington, business and the world It has taken the fatal shootings of two US citizens, but something has shifted in America. The violence by Immigration and Customs Enforcement agents in Minneapolis, and above all the killings of the…
New Birmingham-Manchester rail link planned
Posted onThe government is set to announce its intention to build a new rail link between Birmingham and Manchester, the BBC understands. Previous plans for the HS2 high-speed rail line had included a line between the two cities, but that part of the project was scrapped by Rishi Sunak’s government. On Wednesday, the government is expected…
Blackpool Big Food Project foodbank ‘could close without support’
Posted onAn emergency food charity that sends meals to foodbanks across Blackpool has said it could face closure without support to keep its services running. The Big Food Project is a redistributor of surplus food from supermarkets and manufacturers to 125 foodbanks, schools, community kitchens, crisis services and families across Blackpool, Fylde and Wyre. It said…
