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French car parts company Valeo (EPA:VLOF) said on Tuesday it had won a major contract with BMW to equip the German carma...
28/06/2022

French car parts company Valeo (EPA:VLOF) said on Tuesday it had won a major contract with BMW to equip the German carmaker's upcoming electric vehicle platform with its advanced driving assistance systems.
The platform, on which BMW is planning to build up its bestselling 3 series sedan among other models, is a core part of the carmaker's strategy to reach a 50% share for electric vehicles in its global sales by 2030.

British consumers cut back on shopping in May in the face of fast-rising inflation, and a measure of their confidence sa...
27/06/2022

British consumers cut back on shopping in May in the face of fast-rising inflation, and a measure of their confidence sank to a record low this month, according to data that underscored the scale of the cost-of-living squeeze.

Overall spending in the week to June 16 was 2 percentage points lower than the week before and the same in cash terms as...
24/06/2022

Overall spending in the week to June 16 was 2 percentage points lower than the week before and the same in cash terms as its level in February 2020, before the pandemic.
Restaurant reservations rose 20 percentage points in the week to June 19 after a 36 percentage-point fall the week before, while the number of jobs advertised by recruiters Adzuna fell by 5% in the week to June 17 to 123% of its pre-pandemic average.

U.S. high school students will use laptops rather than pencils and paper to take the SAT college admissions exam beginni...
23/06/2022

U.S. high school students will use laptops rather than pencils and paper to take the SAT college admissions exam beginning in 2024, in a move to digitize the standardized test whose use has declined during the pandemic and as many universities no longer require it for admission.

A scorching heat wave was expected to blanket the U.S. Southwest beginning on Wednesday and push temperatures over 100 d...
22/06/2022

A scorching heat wave was expected to blanket the U.S. Southwest beginning on Wednesday and push temperatures over 100 degrees F for the rest of week, leading forecasters to warn residents to stay indoors and avoid strenuous activities.

A record 42 million people around the United States are expected to hit the road for trips over the July 4 Independence ...
21/06/2022

A record 42 million people around the United States are expected to hit the road for trips over the July 4 Independence Day weekend, AAA said Tuesday, absorbing historically high fuel costs to crowd the highways.

Britain plans to make "buy now, pay later" (BNPL) companies carry out affordability checks, gain approval by the Financi...
20/06/2022

Britain plans to make "buy now, pay later" (BNPL) companies carry out affordability checks, gain approval by the Financial Conduct Authority (FCA) and ensure adverts are fair and clear, the government said on Monday, in measures to regulate the sector.

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