The volume of investments in the automotive sector of the United Kingdom for the six months of this year fell by half compared to the same period last year and amounted to 347 million 300 thousand pounds sterling, according to the British Society of Motor Manufacturers and Traders (SMMT). The volume of investments was adversely affected by the uncertainty about the future relationship between Great Britain and the European Union. SMMT recommends that some automakers urgently decide whether they will continue to manufacture cars in the UK or move their operations abroad. The volume of investments in 2017 decreased to 1 billion 100 million pounds from 2.5 billion pounds in 2015.
Britain on Wednesday signed a supply deal for up to 60 million doses of a possible COVID-19 vaccine that is being developed by pharmaceutical companies GlaxoSmithKline (GSK) and Sanofi. The financial details of the agreement were not disclosed. However, ...
The Securities and Exchange Commission (SEC) announced on Monday that UBS Financial Services Inc. (UBSG) would pay more than $10 Million to resolve charges regarding certain municipal bond offerings. UBS has agreed to pay the fine after SEC ...
Renault SA (RENA.PA) announced on Monday that its global car sales fell by 34.9% in the first half of the year due to the impact of the coronavirus pandemic. However, the company said that it had seen some signs of recovery in June. The French ...
Property data and analytics company CoreLogic Inc on Tuesday rejected another $7 billion buyout offer, seeing it inadequate after meeting with the two bidders, investment firms Cannae Holdings Inc and Senator Investment Group LP. Cannae ...
Britain’s retail industry encouraged UK and EU negotiators to arrive at a post-Brexit trade deal. This came after the retail industry stated that consumers will endure higher prices from next year if a tariff-free trade is not guaranteed. Thousands ...