Geely takes stake in German flying taxi start-up Volocopter

  Geely will take a minority stake in German flying taxi start-up Volocopter, the latest investment from the Chinese carmaker in Europe’s largest economy after it controversially bought into Mercedes-Benz owner Daimler last year. The group’s holding ...
  • September 9, 2019
  • 22 Views

No-deal Brexit would push UK into recession, warns KPMG

  A no-deal Brexit would have a significant short-term economic impact on the UK, plunging the country into recession, causing a rise in unemployment and prompting an estimated 6 per cent slide in house prices, according to a report from global accou...
  • September 9, 2019
  • 31 Views

BA flight cancellations begin ahead of two-day pilot strike

  Dozens of British Airways flights were cancelled on Sunday, hitting holidaymakers and business travellers trying to return to Britain, as the airline braced for a two-day pilot strike set to begin on Monday. Roughly 50 of Sunday’s flights have been...
  • September 8, 2019
  • 33 Views

Third of foreign investment is multinationals dodging tax

  A large proportion of the world’s stock of foreign direct investment is “phantom” capital, designed to minimise companies’ tax liabilities rather than financing productive activity, according to research. Nearly 40 per cent of worldwide FDI — worth...
  • September 8, 2019
  • 52 Views

Hong Kong protesters make plea to US lawmakers for support

  Protesters in Hong Kong clashed with police for a third consecutive night on Sunday, setting entrances to the public transport system ablaze, smashing windows and dashing hopes that a climbdown by the government last week would end the three-month ...
  • September 8, 2019
  • 34 Views

You

  The Business Secretary has revealed the Tories will field a candidate against Mr Bercow in his Buckingham constituency, despite this breaching long-standing convention. Ms Leadsom claimed Mr Bercow had “failed” in his role and had permitted a “flag...
  • September 8, 2019
  • 27 Views
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