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SOUTH AFRICA

BMW to manufacture electric Mini in Britain

FRANKFURT, Germany: German luxury car manufacturer BMW has announced that it will build a future all-electric version of its Mini in Britain, easing fears that it might move production away after Brexit...

26 Jul 2017

SOUTH AFRICA

Aston Martin to build 155 all-electric RapidEs

NEWSWATCH: British sports car maker Aston Martin has confirmed production of 155 of its first all-electric model, the RapidE, to kick off in 2019 with Williams Advanced Engineering as lead engineering partner...

28 Jun 2017

UNITED KINGDOM

Jimmy Choo in London IPO for Asia growth

LONDON, UK: Shoemaker to the stars Jimmy Choo unveiled plans for a London stock market listing valuing it at up to £800m. The money will be used to fund expansion in Asia.

25 Sep 2014

UNITED KINGDOM

UK bosses earn 143 times more than workers

LONDON, UK: The heads of Britain's largest companies earned 143 times more than their average employee last year, a study has revealed, exposing the growing pay gap between bosses and workers.

19 Aug 2014

UNITED KINGDOM

Honda will cut UK jobs on weak European car demand

LONDON, UK: Honda will axe 340 jobs by cutting shifts at its factory in western England in response to weak European demand for its cars, the Japanese car manufacturer said.

26 Mar 2014

UNITED KINGDOM

Japanese retailer Rakuten slammed over ivory and whale meat products

LONDON, UK: Japanese e-commerce retailer Rakuten is the world's largest online marketplace for elephant ivory and whale meat products, an environmental campaign group said. It said that running the advertisements for these products was akin to arming poachers.

19 Mar 2014

UNITED KINGDOM

Dry weather in Brazil drives up coffee price

LONDON, UK: The price of coffee rose to the highest levels for months on Tuesday, 4 February 2014, because of exceptionally dry weather in Brazil which could crimp harvests in the country, the world's biggest producer and exporter.

5 Feb 2014

UNITED KINGDOM

Jaguar Land Rover posts record sales in 2013

LONDON, UK: Jaguar Land Rover (JLR), the largest car manufacturer in Britain, achieved record global sales in 2013, the Indian-owned luxury car manufacturer said.

13 Jan 2014

UNITED KINGDOM

Rolls-Royce sales reach new peak in 2013

LONDON - German-owned luxury car manufacturer Rolls-Royce said that sales accelerated in 2013 to a new record for the fourth year in succession, aided by emerging markets.

10 Jan 2014

UNITED KINGDOM

Tesco reports falling sales over key Christmas period

LONDON, UK: Tesco said that group sales dripped by 3.2% during the all-important Christmas trading period, dealing a fresh blow to Britain's biggest retailer.

10 Jan 2014

UNITED KINGDOM

Tesco unveils its own tablet computer

LONDON, UK: Britain's biggest retailer Tesco has unveiled its first tablet computer, as the supermarket chain seeks to boost flagging sales in its domestic market.

26 Sep 2013

UNITED KINGDOM

First 'ethically-made smartphone' is a risk

LONDON, UK: A device billed as the world's first ethically sourced smartphone was unveiled in London this week and despite thousands of pre-orders its designer says the project remains a huge gamble.

20 Sep 2013

UNITED KINGDOM

Home-improvements chain Kingfisher says profits soar

LONDON, UK: Kingfisher, Europe's biggest home-improvements retailer, said on Wednesday (11 September) that group net profit surged by 70% during the first half of its financial year mainly thanks to an exceptional tax gain.

12 Sep 2013

UNITED KINGDOM

Jaguar Land Rover to create 1,700 jobs in UK

LONDON, UK: Indian-owned luxury carmaker Jaguar Land Rover said on Tuesday (9 September) that it will create 1,700 jobs at a plant in central England in a £1.5bn investment.

10 Sep 2013

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