Economy

Volvo Cars bets on electric vehicles

Shawdesh Desk: Volvo Cars is only going to sell electric vehicles by 2030, the Swedish firm has said. It will phase out all car models with internal combustion engines by

Maruti Suzuki exports crosses 20 lakh vehicle milestone

Shawdesh Desk: India’s largest automaker on Saturday announced that it has accomplished the landmark of exporting 20 lakh vehicles. In a statement Maruti said, “ a true symbol of the

Bitcoin energy use ‘bigger than most countries’

Shawdesh desk: We’ve all heard the stories of Bitcoin millionaires. Elon Musk is the latest. His electric car company Tesla made a paper profit of more than $900m (£646m) after

Bitcoin: Elon Musk loses world’s richest title as Tesla falters

Shawdesh desk: Tesla boss Elon Musk has lost his title as the world’s richest person after a recent slide in the electric carmaker’s shares, the main driver of his wealth.

More than half of UK firms plan to hire new staff

Shawdesh Desk: More than half of UK employers intend to recruit staff in the next three months, according to new research. The human resources body, the CIPD, said it was

Uber drivers are workers not self-employed, Supreme Court rules

Shawdesh Desk: Uber drivers must be treated as workers rather than self-employed, the UK’s Supreme Court has ruled. The decision could mean thousands of Uber drivers are entitled to minimum

Ex-Janata Bank chairman Luna Shamsuddoha dies

Shawdesh Desk: Luna Shamsuddoha, former chairman of Janata Bank, died at a hospital in Singapore on Wednesday. She was 53. She breathed her last at the hospital while undergoing treatment.

Tokyo shares open higher

Shawdesh desk: Tokyo stocks opened higher on Tuesday as investors kept a bullish outlook with Japan preparing to start vaccinations against the coronavirus, fuelling hopes for economic normalisation. The benchmark