Farmers protest in Brussels demanding 'fair' milk prices
The protest was held as European agriculture ministers met in the Belgian capital.
The protest was held as European agriculture ministers met in the Belgian capital.
Go on Skyscanner, search “Everywhere” for the month of September and you will find return flights for under £30. Croatia, Portugal, Italy, Spain, all at our fingertips for the cost of two limoncello spritzers and a packet of nuts.
Carmakers announce disappointing results, and production in UK revealed to have dropped
The US is on track to churn out 270,000 barrels of oil a day in 2026 as the drilling boom continues, Goldman Sachs predicted.
Shipping giant CMA CGM said on Thursday that brisk international trade and Red Sea disruption supported its main maritime division in the second quarter and should limit any market slowdown later this year as new ship capacity arrives. The world's third-largest container shipping line reported a 6.8% year-on-year increase in volumes in the second quarter. Restocking by U.S. firms continued in the April-June quarter, partly due to concerns that geopolitical tension with China may disrupt trade, as well as the risk of strike action by U.S. East Coast port workers, Chief Financial Officer Ramon Fernandez said.
Competition among fuel retailers is "failing consumers" because drivers are still paying too much to fill up, according to regulators. In an update on its monitoring of the fuel market, the Competition and Markets Authority (CMA) said the cost to all motorists from the previously identified increase in retail fuel margins since 2019 was over £1.6bn in 2023 alone. The regulator's fuel price study has resulted in action aimed at bolstering competition but it is yet to get up to speed.
Serbia's "lithium deal" is coming back as part of an initiative that officials in Brussels, Belgrade and Berlin hope will be a huge green boon for the continent.
BERLIN (Reuters) -German rail operator Deutsche Bahn plans to cut 30,000 jobs, or around 9% of its staff, it said on Thursday, after huge investments to repair its rail network, strikes and bad weather led to a billion-euro first-half net loss. The cuts are to be made over the next five years and mostly affect administrative jobs, Chief Financial Officer Levin Holle said, adding this year around 1,500 jobs would have to go. Deutsche Bahn reported a net loss of 1.2 billion euros for the first half of this year, confirming an earlier exclusive report by Reuters.
TOKYO (Reuters) -Japan's Toyota Motor plans to build a battery plant for electric vehicles in the southwestern prefecture of Fukuoka and supply its batteries to a factory that makes luxury Lexus brand cars, the Nikkei business daily reported on Friday. The world's top-selling automaker would seek to make the island of Kyushu where Fukuoka is located a central part of its supply chain for battery-powered vehicles and an export base for Asia, the newspaper said. A Toyota spokesperson said the company was aware of the report, but that it was not something it had announced.
Stellantis CEO Carlos Tavares pledged action to tackle problems in North America and elsewhere Thursday after reporting a plunge in first-half earnings. U.S.-European automaker Stellantis reported net profits down by half in the first half of the year due largely to lower sales and restructuring costs. The carmaker, which was created in 2021 from the merger of Fiat-Chrysler with PSA Peugeot, reported net profits of 5.6 billion euros ($6 billion) in the period, down 48% compared with 11 billion euros in the same period last year.
Apple has fallen out of the top 5 ranking of smartphone vendors in China, according to data trackers, marking the first time in years the iPhone maker has fallen so low in one of its most important markets. iPhone shipments in China in the three months ended June declined 2 per cent year on year, bumping Apple down to No 6 on Canalys' list of top vendors by shipments, putting it behind Vivo, Oppo, Honor, Huawei Technologies and Xiaomi, according to a report from the market research firm on Thurs
The world's largest air show fizzled out on Thursday with a solid new Saudi jetliner order unable to dispel the gloom over recent problems in producing planes fast enough to meet demand. Britain's Farnborough Airshow opened earlier this week amid alarm signals from airlines over falling yields or average fares. Airbus and Boeing posted about 40 firm orders - a fraction of recent years - and were roughly level depending on whether Qatar Airways' decision to come forward as the previously unnamed buyer for an existing Boeing order was counted.
This Fool looks at a couple of key elements of Warren Buffett's investing philosophy that he thinks can help him build wealth. The post No savings? I’d use the Warren Buffett method to target big passive income appeared first on The Motley Fool UK.
Petrol stations have been branded “outrageous” after overcharging motorists by £1.6bn last year.
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The CMA said that the fuel market is still ‘failing consumers’ a year on from its first report that laid bare the problems in the sector.
Amidst a backdrop of fluctuating global markets and heightened trade tensions, the Netherlands' stock market remains a point of interest for investors seeking stable returns. Dividend stocks, particularly those offering high yields, stand out as attractive options in the current economic environment where value seems to be gaining an edge over growth.
Virgin Atlantic will impose a fee of up to £24 per flight as part of new green levy aimed at covering the costs of using sustainable aviation fuel (SAF).
HYDERABAD/BENGALURU (Reuters) -Cipla, India's third-largest generics drugmaker by sales, beat first-quarter profit estimates on Friday as it reported higher sales in its North America market, boosting its shares to an all-time high. The company posted an 18.3% rise in consolidated net profit to 11.78 billion rupees ($140.8 million) for the quarter ended June 30, surpassing analysts' estimates of 11.10 billion rupees, as per LSEG data. Cipla's shares jumped 6.7% to a record high of 1,600 rupees after the results.
NEW DELHI (Reuters) -The CEO of Diageo's Indian business has been summoned by New Delhi anti-corruption police investigating billing and discount practices involving government agencies running liquor retail shops between 2017 and 2020, according to a source and a police notice seen by Reuters. Hina Nagarajan, the CEO of United Spirits, has been asked to appear before police on Friday and provide several documents related to company sales, according to a confidential July 4 police notice to the CEO seen by Reuters. Nagarajan, who is also a member of United Spirits majority-owner Diageo's global executive committee, did not respond to Reuters requests for comment.
French oil heavyweight TotalEnergies on Thursday reported slumping profits in the second quarter, blaming lower margins in refining and falling sales and prices for natural gas.There was a still steeper tumble of more than a third for its refining and chemicals operation, with TotalEnergies blaming "lower refining margins mainly in Europe... and the Middle East".