Tuesday, 7 May 2024

Business

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Tesla starts selling cheaper Model 3 car in China

SHANGHAI (Reuters) – U.S. electric carmaker Tesla Inc said it will start taking orders in China on Friday for a lower-priced version of its Model 3 vehicle, whose price will start at 433,000 yuan ($64,300.56). Tesla, which is building a factory in Shanghai, said in a statement that it will start selling a long range, […]

Market Street to be partially closed to traffic from Feb 17 as work on park begins

SINGAPORE – Market Street will be partially closed to traffic permanently from Feb 17 as work on a 1,000 sq m public park begins. Motorists in Church Street heading to Chulia Street should use D’Almeida Street, after Cecil Street junction, the Land Transport Authority said on Friday (Feb 1). The move is part of efforts […]

Valid tax return excuses to beat HMRC’s £100 late payment penalty

Millions of people will be breathing a sign of relief today after just about making HMRC’s tax return deadline. But for others, it’ll be a day of panic as the fear of a £100 fine starts to kick in. The tax authority has been strict on its penalties for late submissions from the start – […]

Renault-Nissan payments to political advisers draw scrutiny

PARIS (Reuters) – Renault-Nissan is examining fees paid to consultants and political advisers including a serving European lawmaker, following Chairman Carlos Ghosn’s arrest and ouster from the helm of the carmaking alliance, two sources told Reuters. Past business relationships with French advisers and lobbyists are in focus as the carmakers embark on an independent audit […]

US banks shifting some London staff ahead of Brexit deadline

NEW YORK (AFP) – With two months until Brexit takes effect, US banks have begun transferring some London staff to continental Europe and drawing up contingency plans in case of a “hard” Brexit. Around 400 Bank of America employees are set to transfer to Paris and Frankfurt starting in February, according to a person familiar […]

Best cordless vacuum cleaners 2019

Once you invest in a cordless vacuum, you never go back. No more tripping over wires as you try to reach under the coffee table, or accidentally unplugging it as you move into the next room. But as with most good things in life, cordless vacuum cleaners don’t come cheap, especially as less mains power […]

U.S. sets deadline for foreigners dealing in Venezuela oil

WASHINGTON (Reuters) – Non-U.S. entities buying oil or petroleum products from Venezuela’s state-owned PDVSA in deals that involve the U.S. financial system, brokers or people must be wound down by April 28, the U.S. Treasury Department said in a notice posted early on Friday. The notice clarifies some of the confusion that has surrounded U.S. […]

Fed policy turn not good news for Trump as risks mount

WASHINGTON (Reuters) – The Federal Reserve’s policy twist on Wednesday might seem just what the White House ordered, with a hold put on what President Donald Trump termed “loco” interest rate hikes, and an openness to ending the monthly runoff of up to $50 billion from the U.S. central bank’s balance sheet. But the story […]

Budweiser spends big on Super Bowl, targets small markets

BRUSSELS/PHILADELPHIA (Reuters) – This Bud’s for you. At least, that is what Anheuser-Busch InBev hopes as it strives to reach more than 100 million U.S. TV viewers during Sunday’s Super Bowl, promoting vintage brands such as Budweiser and Bud Light. The world’s largest brewer will not say how much it is spending for nearly six […]

Marks and Spencer launches ‘Be My Valentini’ cocktail for Valentine’s Day

Marks and Spencer has launched a new cocktail for Valentine’s Day and we can’t wait to get our hands on a glass. The ‘Be My Valentini’ is the ultimate romantic tipple. The ‘Be My Valentini’ cocktail a ruby red tipple made from premium quality white rum, cranberry juice, lime juice and orange peel – it’s […]