Inflation risk from Red Sea disruption, warns economist

[ad_1] Dr El-Erian, president of Queens’ College, Cambridge and chief economic adviser at financial services giant Allianz, told the BBC’s Today programme: “Relative to what would have happened otherwise, we…

Migrants killed during perilous sea crossing from France to UK

[ad_1] The five dead migrants were discovered just off the coast of France on their attempt to get to UK shores. ADVERTISEMENT Five people were found dead on Sunday trying…

A fire on a ship carrying nearly 3,000 cars is burning in the North Sea and 1 crew member has died

[ad_1] THE HAGUE, Netherlands – A fire on a freight ship carrying nearly 3,000 cars was burning out of control Wednesday in the North Sea, and the Dutch coast…

UK returns to growth amid rising tensions in Red Sea – Daily Business

[ad_1] Attacks on shipping in the Red Sea have raised prices (pic: BBC) Britain’s economy staged eked out a 0.3% expansion in November, though growing tensions in the Red Sea…

US and UK hint at action after largest Red Sea attack – BBC News

[ad_1] 10 January 2024 Updated 11 January 2024 Image source, UK Ministry of Defence Image caption, The UK’s Ministry of Defence shared images of the HMS Diamond deploying Sea Viper…

Tesla to idle German factory for 2 weeks as Red Sea attacks delay supplies | CNN Business

[ad_1] London CNN  —  Tesla plans to pause most production at its only European factory due to supply chain problems caused by attacks in the Red Sea. The carmaker said…

Tesla stock down on Red Sea delays, rising labor costs and price cuts

[ad_1] An employee of the Tesla Gigafactory Berlin-Brandenburg works on a production line of a Model Y electric vehicle. Patrick Pleul | Picture Alliance | Getty Images Shares of Tesla…

Tesla pauses production in Germany, following Red Sea militant attacks

[ad_1] Angle down icon An icon in the shape of an angle pointing down. The pause will take place from January 29 to February 11. Sean Gallup/ Getty Images Tesla…

Tesla Berlin to stop most output for two weeks due to Red Sea disruption

[ad_1] Tesla will suspend most car production at its factory near Berlin from Jan. 29 to Feb. 11, the company said late on Thursday, citing a lack of components owing…

Tesla puts German factory production on hold as Red Sea attacks disrupt supply chains

[ad_1] BERLIN – Tesla says it’s temporarily halting most production at its German factory because of attacks in the Red Sea, a vital global shipping corridor. The electric vehicle maker…