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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…
China announces record trade surplus despite Trump tariffs
Posted onChina announced record export numbers for 2025, a year when US President Donald Trump’s tariffs and trade policy caused turmoil in the global economy. Beijing on Wednesday reported the world’s largest-ever trade surplus – the value of goods and services sold overseas compared to its imports – at $1.19tn (£890bn). It’s the first time China’s…
Rishi Sunak hired by Microsoft and Anthropic as paid adviser
Posted onRishi Sunak has taken up paid adviser roles at tech giant Microsoft and artificial intelligence start-up Anthropic. The former prime minister has been told he must not lobby ministers on behalf of the companies by the Advisory Committee on Business Appointments (Acoba), an independent watchdog which oversees the activities of former government figures. Sunak –…
They are essential – how smoke detectors are evolving
Posted onChris BaraniukTechnology Reporter McConnell Family The McConnell family home was left partially destroyed by fire The school run was over and laundry was in the tumble dryer. Mum and step-mum of four Liz McConnell was about to sit down to work at her Dover home last September. But that’s when the sound of a fire…
Donald Trump withdraws Mark Carneys invitation to join Board of Peace
Posted onUnlock the White House Watch newsletter for free Your guide to what Trump’s second term means for Washington, business and the world Donald Trump has withdrawn an invitation for Mark Carney to join the “Board of Peace”, in an apparent snub just days after the Canadian prime minister warned that the rules-based international order was…
Weleda launches inquiry into Nazi camp skin test claims
Posted onWeleda, the natural cosmetics company, has launched a study into its links to a Nazi concentration camp following claims an anti-freeze cream it produced was tested on prisoners. A report by historian Anne Sudrow alleges that the Swiss company ordered raw materials from a garden in the Dachau camp. It also made a cream to…
