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autos

Nio's budget EV brand Firefly launches £16,000 hatch that's bound for Europe

Chinese car maker Nio has unveiled the first car from its new Europe-bound Firefly brand that will focus on small budget electric cars. Dubbed the “small smart, high end electric car”, the EV – currently only known as Firefly –...

finance

Google suggests fixes to its search monopoly

Alphabet's Google proposed new limits to revenue-sharing agreements with companies including Apple which make Google's search engine the default on their devices and browsers.The suggestions stem from the US search giant's ongoing antitrust battle over its online search business.In August,...

Retail

Party City to close all of its stores, report says

A sign in a Party City store in Miami, Florida, on Jan. 18, 2023.Joe Raedle | Getty ImagesParty City on Friday announced it will close all of its stores and has initiated corporate layoffs effective immediately, according to a CNN...

fund

Dollar to weaken less than expected next year: UBS

Investing.com -- recently notched fresh year-to-date highs against its rivals and is likely to remain strong after the Federal Reserve leaned more hawkish at its recent December meeting, analysts from UBS said in a recent note. "While we still expect...

autos

The best hybrid cars: PHEVs and regular hybrids rated

Best for: Daily economyToyota is now well advanced with normalising hybrid power, and no car on sale does it better than the Toyota Corolla.Ushered in to replace the highly forgettable Auris in 2019, the Corolla was a game-changer for Toyota in...

Retail

Why natural gas prices are falling today

Investing.com -- Natural gas prices, which initially showed gains, have fallen today due to the anticipation of mild weather in the coming weeks. However, colder conditions are expected next month. According to EBW analysts, fluctuations in the price are likely...

fund

Dollar Eases from Highs on PCE Inflation Undershoot

PoundSterlingLIVE - Image © Adobe (NASDAQ:) Images The Dollar has eased back from earlier highs after a measure of core inflation undershot expectations. Volatility is high, and the Dollar is king, but there was some relief for battered markets on...

Retail

Boohoo shareholders reject Mike Ashley’s attempt to join board

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Boohoo shareholders have rejected billionaire sportswear tycoon Mike Ashley’s attempt to join the board of the UK online fast-fashion retailer, following weeks...

Retail

British retail sales rebound falls short of expectations

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.British retail sales rebounded less than expected in November, capping a string of disappointing data for the UK economy. The quantity of...

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