Disappointed in Land Rover's decision to cancel the super-exclusive Rangie? Sending drive through an eight-speed automatic transmission, Land Rover claimed the SV Coupe would accelerate from zero to 100km/h in 5.3 seconds. Unfortunately, RR's parent company Jaguar Land Rover finds itself in the midst of a flawless storm. At £240,000 and above, the vehicle was going to become the marque's most ... [Full Article...]
The deal would allow Ashley to add more Sofa.com concessions to House of Fraser chain he rescued past year, the report said, adding the cut price deal for Sofa.com had been a "solvent transaction" which preserved jobs. This step has been taken despite ScS reporting that it was "in a strong position to manage the continued economic uncertainty and take advantage of opportunities" in a trading u... [Full Article...]
Government shutdown or not, this looked like a big report from the Bureau of Labor Statistics for January's employment situation . The numbers exclude farm work, which is seasonal and often volatile. But the shutdown was also a driver of the rise in the unemployment rate , since the separate survey of households used to determine the joblessness counted furloughed workers as well as contrac... [Full Article...]
Greencoat Capital LLP manages both UKW and the investments of the pension fund. UKW will acquire a net 35.5% stake in the wind farms for a consideration of GBP452m (including cash and working capital), while the United Kingdom pension fund will acquire a net 14.4% for GBP183m. [Full Article...]
Revenues fell four percent, to 25.3 billion euros, but the bank was able to increase pre-tax profit eight percent to 1.3 billion euros. In 2017, the bank posted a net loss of 735 million euros. Commenting on the merger speculation last week, Sewing said his priority was to restore profitability and that a merger was "beyond what I'm now thinking of". [Full Article...]
TSB said it had received some 204,000 complaints, and has yet to resolve tens of thousands - now only about 90 per cent have been addressed. TSB said its loans and advances to customers decreased 2.7% in the period to GBP30.00 billion from GBP30.85 billion the year before. [Full Article...]
AWS nudged out Amazon's North American e-commerce unit to deliver the most operating income for 2018. But Amazon has an advantage over those competitors, in that it can leverage growing profits from its Amazon Web Services cloud computing division to allow its e-commerce operations to run on thin profit margins. [Full Article...]
When the victor came forward to claim the prize, police say the 33-year-old woman was instead charged Thursday with two counts of possessing a stolen credit card and five counts of fraud. However, Atlantic Lottery says it's impossible for someone to reap the rewards of somebody else's illegal exploits. The Atlantic Lottery Corporation confirmed it was a C$50,000 ($38,000; £29,000) ticket but s... [Full Article...]