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Jaguar Land Rover shutdown extended again after cyber attack
Posted onTheo Leggettbusiness correspondent and Emer Moreaubusiness reporter Getty Images JLR will not resume production until 1 October Jaguar Land Rover (JLR) has confirmed that production in its factories will remain suspended until next month at the earliest. The business secretary and industry minister are visiting the West Midlands on Tuesday for the first time since…
Nvidia to invest $5bn in rival Intel
Posted onNvidia, the leading manufacturer of artificial intelligence chips, said it will buy a $5bn (£4bn) stake in Intel – a lifeline for its struggling rival on the heels of a separate investment from the US government. The deal, announced on Thursday, will involve a partnership between the two American companies to make personal computer and…
Xi’s real test is not Trump’s trade war
Posted onBBC Listen to Laura read this article If you say the name Donald Trump in the halls of wholesale markets and trade fairs in China, you’ll hear a faint chuckle. The US president and his 145% tariffs have not instilled fear in many Chinese traders. Instead, they have inspired an army of online Chinese nationalists…
Why Trump’s UK state visit is mired with potential pitfalls
Posted onJames LandaleDiplomatic correspondent BBC Listen to James read this article US President Donald Trump’s state visit to the United Kingdom this week will be no stranger to controversy, just as his first was six years ago. Back then, in June 2019, as well as taking tea with the late Queen, the US President called London…
Harrods says customers’ data stolen in IT breach
Posted onLuxury department store Harrods has warned customers their personal data may have been taken in an IT systems breach. It said information like names and contact details of some online customers was taken from the systems of a third-party provider. Harrods described the breach in an email sent to customers on Friday evening as an…
Hurricane season brings financial fears in the Caribbean
Posted onGemma HandyBusiness reporter, St Johns, Antigua Getty Images Homes in Barbuda were flattened by 2017’s Hurricane Irma For some Barbudans, thunderstorms still trigger flashbacks of the night in September 2017 when they lost everything they owned to Hurricane Irma’s devastating winds. Eight years on, while memories may be close to hand, home insurance for many…