China Auto Sales Up for Second Straight Month After Almost Two-Year Slump

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China Auto Sales Up for Second Straight Month After Almost Two-Year Slump

SHANGHAI — China’s auto sales in May rose 14.5% from the same month a year earlier, industry data showed on Thursday, the second consecutive month of increase as the world’s biggest vehicle market recovers from lows hit during coronavirus lockdowns.
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Babcock swings to loss, defers dividend decision

Babcock International Group PLC said on Thursday that it swung to a pretax loss for fiscal 2020 after booking higher costs, and that it was deferring a decision on its final dividend due to the coronavirus pandemic. For the year ended March 31, the …
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Unilever plans switch to British holding company to cut complexity

(Reuters) – Unilever proposed combining its Dutch and British legal entities in a single holding company based in Britain on Thursday, after shareholders sank an earlier plan to move the global consumer goods group’s headquarters to the Netherlands.
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British Gas owner Centrica to cut 5000 jobs

Over half job losses will fall on management roles including senior leadership as utility looks to cut costs. Joanna Partridge. Thu 11 Jun 2020 03.38 EDT Last modified on Thu 11 Jun 2020 03.39 EDT. Share on Facebook · Share on Twitter · Share via Email.
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Petrol, diesel prices rise nearly Rs 3/ltr in 5 days

New Delhi: Petrol and diesel prices have become more expensive for the common man with oil marketing companies raising pump prices by 60 paise per litre on Thursday. The auto fuel prices have now risen five days in a row with petrol prices increasing by …
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