Ed the driveway: Kia Niro EV 01:45 Kia Recalling more than 80,000 electric and hybrid vehicles in the United States due to improper airbag and seat belt deployment, the National Highway Traffic Safety Administration said Saturday. Affected vehicles are the 2023-2025 Kia Niro, 2023-2025 Niro EV and the 2023-2025 Niro Reging-In Hybrid. An all-electric Kia … Read more
The family behind Lakeland, one of Britain’s most prominent privately owned retailers, is exploring a sale after more than 60 years amid growing cost pressures sweeping the industry. Sky News has learned that Lakeland, controlled by founder Alan Rayner’s three sons, has appointed advisers to assess the appetite of potential buyers for a deal. Lakeland, … Read more
WH SMITH is in secret talks to sell all its street business in Great Britain over 230 years after opening its first store in the center of London. Sky News can exclusively reveal that the retail group listed, which has a market capitalization of nearly 1.5 billion pounds sterling, has been in negotiations with a … Read more
The Original Factory Outlet (TOFS), the independent discount retail chain, is set to be sold after more than 17 years under the ownership of private equity firm Duke Street. Sky News has learned that Baaj Capital, a family office which counts Style and Party Supplies Amscan International among its investments, has emerged as the favorite … Read more
For three days, Donald Trump dominated Davos from a distance. The fourth, he did it in person, albeit virtually, with a speech that took his threats of economic conflict with Europe directly to its political leaders. Stripped from the White House to the World Economic Forum, he delivered a message of complete confidence in American … Read more
Every Thursday our Money Blog team interviews chefs from across the UK, to find out their cheap food tips and much more. This week we chat with award-winning TV chef Andi Oliver. It’s very difficult to make money in the hotel industry… People think you’re doing like a bandit if you have a busy restaurant … Read more
A £9bn contract for a nuclear submarine has been awarded to Rolls-Royce – hailed by the government as a victory for the UK’s economy and nuclear deterrent. The Ministry of Defense confirmed overnight that the British company – not to be confused with the luxury car maker – had won an eight-year contract to design, … Read more
Whippany, New Jersey – Tom Maoli, the owner of a new used automotive dealer in New Jersey, says that drivers could see A big leap in prices If President Trump follows On his threat To impose 25% prices on Mexico And Canada. “Each car that comes out of any dealer will increase prices,” said Maoli. … Read more
Dubai, United Arab Emirates – Saudi ArabiaThe crown prince said Thursday the kingdom wants to invest $600 billion in the United States over the next four years, comments that came after President Trump put a price tag on returning to the Kingdom as his first foreign trip. Mr. Trump’s 2017 trip to Saudi Arabia disrupted … Read more
Barclays is proposing to cut its chief executive’s fixed salary each year as part of an overhaul of its pay package that will cap his maximum salary at just over £14 million. Sky News has learned that Barclays has written to its major shareholders this week to inform them of detailed proposals that would change … Read more