VW to invest up to $5bn in Tesla rival Rivian
German car making giant Volkswagen (VW) says it will invest up to $5bn (£3.94bn) in Tesla rival Rivian. The deal creates a joint venture that will allow VW and the…
India’s economic growth and threat of inflation
As per the OECD Economic Outlook, May 2024, India will be the fastest growing emerging economy amongst G20 nations. Economic growth in India is expected to be at 6.6% in 2024 and 2025 outperforming…
Zelensky expects ‘important decisions’ on Ukraine at G7 summit
Ukraine’s President Volodymyr Zelensky says he expects “important decisions” at the G7 summit of leaders from seven of the world’s richest nations to help his country fight invading Russian forces.…
Macron snap election leaves rivals stunned after EU vote
France’s political leaders are scrambling to prepare for snap elections after President Emmanuel Macron dissolved parliament in response to a stinging European vote defeat by the far-right National Rally. Finance…
Nvidia value surges past $3tn and overtakes Apple
Nvidia’s market value has surged past $3tn (£2.3tn), lifting the chip giant ahead of Apple to become the second most valuable publicly listed company in the world. The firm’s share…
Queen could sell their catalogue to Sony for $1bn
Sony Music is reportedly in talks to buy the music catalogue of the rock band Queen, including hits like Bohemian Rhapsody, Radio Ga Ga and Another One Bites The Dust.…
What next for Iran after President Raisi is death?
Ebrahim Raisi stood close to the pinnacle of power in the Islamic Republic and was widely tipped to rise to its very top. A dramatic turn dealt him a different…
Post Office: Fujitsu sacked top boss at height of Horizon scandal
Fujitsu, the company that built the flawed Horizon IT system, sacked a top boss at the height of the scandal. Rod Vawdrey, 67, was dismissed as Fujitsu’s global president in…
Rishi Sunak to warn next few years ‘most dangerous’ for UK in major speech
Rishi Sunak will say the UK “stands at a crossroads” ahead of “some of the most dangerous years”, in a pre-election pitch to voters on Monday. In a speech, the…
UK economy is improving but people may not notice
The latest UK growth figures are important not because they show a boom, they do not. If sustained they show an economy returning to a normal rate of growth. The…