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Jaguar Land Rover plans up to 4,000 job cuts as the UK’s largest carmaker faces sales pressures, while the government signals no financial bailout will be provided.
EU manufacturing faces 300,000 job losses this year due to Chinese competition, industry group warns, urging Brussels to address component-level supply chain penetration.
Retailers have inconsistently reported tariff refunds flowing in after a February Supreme Court ruling, with some using the money to lower prices while others boosted shareholder profits, complicating earnings analysis.
Australia’s 10-year government bond yield has surged past 5.2%, the highest in over 15 years, reflecting global concerns about inflation, debt levels, and competition for capital in the economy.
UK insurers report a dramatic surge in subsidence claims following the hottest summer on record, with Hastings Direct experiencing a near 140% jump in August alone.
Industrial firms in Spain and Portugal are rapidly investing in battery storage systems following a major blackout that caused significant losses. Battery capacity has surged sevenfold in Spain since the outage.
