Bloomberg The UK said it will spend 1.2 billion pounds ($1.6 billion) on developing the most powerful weather and climate supercomputer in the world. The programme aims to improve weather and climate modelling by the government forecaster, the Met Office, Business Secretary Alok Sharma said in a statement on Monday. The machine will replace the UK’s existing supercomputer, which is ...

Bloomberg UK consumers will face higher prices on goods coming from the European Union (EU) after Brexit, whether Boris Johnson signs a free trade agreement with the bloc or not, according to a major business group. Products imported from the EU after January 1 2021 will require customs declarations, which cost between 16 pounds ($21) and 56 pounds per product ...

Bloomberg General Motors Co will leave Australia, New Zealand and Thailand by year-end as it exits poor-performing markets and focuses on new technologies such as self-driving cars and electric vehicles. The largest US automaker will take $1.1 billion in charges mostly in the first quarter, of which $300 million is cash, to cover the costs of leaving those markets, it ...