US slaps tariffs on UK goods in push for global tax deal June 3, 2021 The US has slapped new trade tariffs on six nations including the UK as President Joe Biden seeks to corral fellow economies into backing his proposals for a global tax deal. After announcing tariffs worth 25 per cent against $2bn worth of goods from the UK, Italy, Spain, Turkey, India and Austria, the White House [...]
Beyond Bond: Driving the new Aston Martin DB12 through Austin Texas December 4, 2023 We head to Austin to drive the new Aston Martin DB12 and meet the man with the brand’s real licence to thrill.
Amazon shares sink as EU hands down record €746m EU data privacy fine July 30, 2021 Amazon has been hit with a record €746m (£635m) fine for breaking EU rules over how it processed customers’ personal data, the tech giant disclosed today. In a regulatory filing Amazon said the Luxembourg National Commission for Data Protection (CNPD) had issued the ruling against it for breaches of EU data protection rules on 16 [...]
SoftBank gears up investments in second quarter, dishing out $13bn July 12, 2021 SoftBank’s Vision Fund II has pushed the pedal on its investments in recent weeks, dishing out $13bn in its second quarter, according to reports. The Japanese venture capital fund has injected cash into at least 50 companies, the Financial Times first reported, citing people brief on the data. Many of the companies eyed by SoftBank’s [...]
The spectre of entrenched inflation will soon hit loss-making start-ups hard February 18, 2022 Larry Summers was Treasury Secretary to Bill Clinton, Barack Obama’s Director of the National Economic Council, and President of Harvard University. When he offers an economic prediction, therefore, he is worth listening to. A recent one was sobering. Summers believes we are entering a period of “higher entrenched inflation”. Make no mistake: inflation is a [...]
EU set to open antitrust probe into Facebook’s classified ads business May 26, 2021 The EU is said to be on the brink of opening a formal antitrust investigation into Facebook following complaints from rivals about the platform’s classified ads business. Regulators have already sent questions to Facebook and its competitors asking whether the social media site distorted the classified ads market by promoting its Marketplace services for free [...]
Celebrating International Women’s Day – With Wine March 9, 2022 This week was International Women’s Day and it is fitting for me to celebrate this through wine. When drinking, women choose wine nearly twice as often as men but the industry itself is still largely a man’s game. Speaking to some women who have worked in wine for up to 40 years, it is clear [...]
Mercedes-Benz EQS 450+ review: shock of the new March 8, 2022 Tim Pitt drives the Mercedes-Benz EQS – the electric alternative to an S-Class, with a huge 107.8kWh battery and a range of up to 453 miles.
EU opens competition probe into Google’s online advertising June 22, 2021 The EU has opened a formal antitrust investigation into Google over concerns the tech giant favours its own online advertising services. The probe will examine whether Google is harming competition by restricting third-party access to user data for use in advertising while reserving this data for its own use. “Online advertising services are at the [...]
Sustainability app aims to address Code Red and help unlock $12 trillion market August 17, 2021 In today’s world, we’re bombarded by stories of wildfires, melting icebergs and rising sea levels. The images from Greece and California recently have been grimly unforgettable. And their impact was doubled by the release of the latest report from the UN’s independent climate change body – which, suggesting we will hit dangerously high temperatures a [...]