BMW has halted its £600 million investment plan to produce electric Minis in Oxford, citing uncertainty in economic conditions and supply chains. This decision raises concerns about the future of electric vehicle production at the historic site.
Sun Life Malaysia has appointed Noor Azam Bin Mohd Yusof as the new CEO of its Takaful Division. With extensive experience in financial services, Noor Azam aims to drive growth and innovation in the Shariah-compliant insurance sector.
Pope Francis is reported to be in critical health condition, according to a statement from the Vatican. The 86-year-old pontiff has faced a series of health challenges in recent years, raising concerns about his well-being among followers worldwide.
Israel has postponed the release of 620 Palestinian prisoners, a move that raises tensions in the region. This decision may impact ongoing negotiations and the broader peace process, as stakeholders grapple with the implications for security and diplomacy.
In a recent analysis, market strategists warn that a third consecutive 20% rise in the S&P 500 is improbable for 2025. Factors such as potential economic headwinds and tightening monetary policies suggest a more cautious outlook for investors.
As companies adapt to rapid technological shifts, the rise of “Service-as-Software” is set to transform IT and the workforce. This model promises streamlined operations, enhanced flexibility, and a redefined approach to service delivery, challenging traditional roles.
Eidesvik Offshore forecasts positive momentum heading into 2025, despite experiencing a slowdown in docking activities. The company remains optimistic about future market conditions, citing potential recovery in demand for offshore services.
In a world where customer care often takes a backseat, lessons from Colonel Sanders resonate today. His focus on quality, attentiveness, and personal connection not only built KFC’s legacy but can also guide modern businesses in fostering loyalty and satisfaction.
Goldman Sachs estimates that Trump’s proposed 10% oil tariff could impose a hefty $10 billion annual cost on foreign producers. This move reflects escalating trade tensions and may reshape global oil dynamics amid an already volatile market.
Green Power Denmark has raised concerns over Norway’s fixed price proposal for electricity, arguing that it could destabilize the regional energy market. The organization warns that such measures may hinder the transition to sustainable energy solutions in Scandinavia.