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US President Barack Obama urges China to tackle excess capacity

US President Barack Obama has urged China to accelerate measures to tackle overproduction of industrial goods. China has been accused of unfair practices by firms overseas for dumping products at low prices in their home markets. In April, China promised to reduce its steel output, following a crisis meeting attended by 30 nations. The President met Premier Li Keqiang on ... Read More »

Jaguar Land Rover to create 1,300 UK jobs to build SUV

Jaguar Land Rover says it will create 1,300 new jobs to build Jaguar’s first sports utility vehicle (SUV) at its Solihull plant in the West Midlands. The firm has already invested £1.5bn in the Solihull plant to enable it to increase production, and it said its workforce there had almost doubled over the past three years to 9,450. Jaguar Land ... Read More »

Tiffany cuts profit forecast as holiday shopping disappoints

Upscale jeweler Tiffany & Co (TIF.N) cut its profit forecast for the full year, citing a disappointing holiday shopping season and further weakness in Japan. Tiffany shares fell as much as 14.4 percent to $88.52 on Monday, their biggest intra-day decline in nearly 11 years. The company said it now expected an adjusted profit of $4.15-$4.20 per share in the ... Read More »

Brent crude oil price falls to fresh six-year low

The price of Brent crude oil has fallen again taking it to a fresh six-year low. The price of a barrel of the North Sea benchmark dropped by 5% to $47.75, its lowest level since early 2009. US crude oil was also at its lowest level since that time, down by 4.1% to $46.33 a barrel. The cost of petrol in the UK ... Read More »

Ford unveils 600-horsepower GT supercar

Ford unveiled a new version of its iconic GT supercar, shaking up the market for exotic performance cars. The “ultra-high-performance supercar” will go into production later this year and will be available in certain markets in 2016, the automaker announced Monday at the Detroit Auto Show. The GT has a 600 horsepower, mid-mounted V6 engine, which the company says is ... Read More »

Sellafield firm set to lose £9bn clean-up contract

The government is set to strip private consortium Nuclear Management Partners (NMP) of a £9bn contract to clean up the nuclear waste site at Sellafield. A Department of Energy and Climate Change spokesperson told it was “working with industry experts on alternative options”. NMP, which includes British and French energy firms Amec and Areva as well as US engineer URS, ... Read More »

Elementum mauris aliquam ut ac nam

Diam wisi quam lorem vestibulum nec nibh, sollicitudin volutpat at libero litora, non adipiscing. Nulla nunc porta lorem, nascetur pede massa mauris lectus lectus, in magnis, praesent turpis. Ut wisi luctus ullamcorper. Et ullamcorper sollicitudin elit odio consequat mauris, wisi velit tortor semper vel feugiat dui, ultricies lacus. Congue mattis luctus, quam orci mi semper ligula eu dui, purus etiam ... Read More »

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Diam wisi quam lorem vestibulum nec nibh, sollicitudin volutpat at libero litora, non adipiscing. Nulla nunc porta lorem, nascetur pede massa mauris lectus lectus, in magnis, praesent turpis. Ut wisi luctus ullamcorper. Et ullamcorper sollicitudin elit odio consequat mauris, wisi velit tortor semper vel feugiat dui, ultricies lacus. Congue mattis luctus, quam orci mi semper ligula eu dui, purus etiam ... Read More »

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Pellentesque habitant morbi tristique senectus et netus et malesuada fames ac turpis egestas. Vestibulum tortor quam, feugiat vitae, ultricies eget, tempor sit amet, ante. Donec eu libero sit amet quam egestas semper. Aenean ultricies mi vitae est. Mauris placerat eleifend leo. Quisque sit amet est et sapien ullamcorper pharetra. Vestibulum erat wisi, condimentum sed, commodo vitae, ornare sit amet, wisi. ... Read More »

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Pellentesque habitant morbi tristique senectus et netus et malesuada fames ac turpis egestas. Vestibulum tortor quam, feugiat vitae, ultricies eget, tempor sit amet, ante. Donec eu libero sit amet quam egestas semper. Aenean ultricies mi vitae est. Mauris placerat eleifend leo. Quisque sit amet est et sapien ullamcorper pharetra. Vestibulum erat wisi, condimentum sed, commodo vitae, ornare sit amet, wisi. ... Read More »