DHL said this morning the logistics giant plans to invest more than £190m into creating 10 new collection and delivery depots across the UK, and expanding 20 existing sites, which will create 3,500 jobs. The investment forms part of DHL’s plan to expand its UK e-commerce operation – DHL Parcel UK – through a £482m […]
Floating windfarms could be built off the coasts of Cornwall and Pembrokeshire after the Queen’s property manager identified a clutch of sites in the Celtic Sea that could host them. The crown estate, which generates money for the Treasury and the royal family, has published five “areas of search” that will be narrowed into development […]
BEIJING — Heatwaves are predicted to sweep through northern China in the next two weeks, with more than 250 million people expected to grapple with temperatures exceeding 40 degrees Celsius (104 degrees Fahrenheit) in some regions. Read More
Chinese SUV maker Great Wall Motors is set to abandon its businesses in India as it prepares to hit the road to Brazil, where the company has pledged to invest Rs 15,790 crore. The company has reportedly laid off its employees deployed at its headquarters in India. The 11 employees have been given pink slips, […]
LIC share price rose around 2 per cent on Tuesday, a day after the stock was categorised as largecap, according to the Association of Mutual Funds in India’s (AMFI) latest stock categorisation. The stock was quoting at Rs 707, up 2 per cent on NSE. LIC share price has tumbled 27% from issue price of […]
Charu Chanana, market strategist at Saxo Capital Markets, discusses the outlook for the U.S. economy, Treasuries and Federal Reserve policy. She also talks about China’s economy, financial markets, and Reserve Bank of Australia’s policy. She speaks with David Ingles and Haidi Stroud-Watts on “Bloomberg Daybreak: Asia.”
South Korea’s inflation hit its fastest clip since late 1998 in June. The Philippines’ consumer prices rose more than economists expected, accelerating to the fastest since late 2018. Thailand’s retail inflation accelerated to a new 14-year high. Michelle Jamrisko reports on Bloomberg Television.