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Tag: Business

Volkswagen considers closing German factories amid shift to electric vehicles

Volkswagen's potential closure of two German plants highlights the challenges faced by European carmakers in transitioning from fossil fuels to electric models

Ted Baker to shift online management to US partner following UK store closures

Authentic announces a partnership with United Legwear and Apparel Co to handle Ted Baker's UK and European e-commerce, just days after shutting down its remaining physical stores.

London City Airport passenger cap set to increase by 2.5 million despite curfew rejection

Government approves passenger cap rise but rejects extended Saturday flight hours amid climate and local concerns

Ted Baker to close remaining UK stores, impacting 500 jobs

Fashion retailer Ted Baker announces the closure of its last 31 UK stores this week, following financial difficulties and a recent administration.

UK regulator probes Amazon’s £3bn AI investment in anthropic over competition concerns

The competition and markets authority investigates whether Amazon’s substantial investment in AI startup anthropic could stifle competition in the UK market
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