JPMorgan thinks the electric vehicle revolution will create a lot of losers

They noted the price difference between traditional internal combustion vehicles (ICVs) and electric vehicles (EVs) was already narrowing as battery prices fall, but prices might not need to fall much for consumers to make the leap. “Concerns about scrap values...

Its CEO quit, then investors hammered one of India’s largest companies — it may get worse

One of India’s tech darlings, Infosys, could fall out of favor with investors after its chief executive officer resigned unexpectedly on Friday following a clash between the company’s founder and the board of directors. Vishal Sikka announced his departure...

The north remembers: how once-proud Bolton became ‘a nothing of a town’

The final day of 2016 was a Saturday. In the centre of Bolton, Lancashire, the streets should have been crowded with shoppers at the sales. A few shops were doing decent trade, but it was hardly thronging. Those with Christmas money still in their pockets might have...

China’s Dalian Wanda drops plans to buy Nine Elms Square in London

Dalian Wanda Group said on Tuesday it had scrapped plans to buy Nine Elms Square in London, the latest setback for the Chinese conglomerate as Beijing tightens controls on overseas investment. St. Modwen Properties, owner of the London building, said on Monday it had...