Recent Posts

French ‘freedom convoys’ head to Paris to protest vaccine rules

  Bloomberg Protesters against France’s Covid-19 vaccine passes began driving toward Paris on Friday to attempt to block the capital, inspired by “freedom convoys” that began in Canada. On Facebook and Telegram, people shared videos of cars setting off from across the country, including Strasbourg, in the east, Brittany, in the west, the region around Lille, in the north, and ...

Read More »

UK economy sees best annual growth since World War II

  Bloomberg The UK economy expanded at the fastest pace since World War II last year after suffering a milder hit than expected in December. The 7.5% expansion was the largest since 1941 and made Britain the fastest-growing advanced economy in 2021. The economy nonetheless remained smaller in the fourth quarter than at the end of 2019, before the pandemic ...

Read More »

GM grabs $2 billion windfall as used-car prices hit record

  Bloomberg There’s a big upside to record used-car prices: Auto lenders like GM Financial are cashing in. General Motors Co.’s lending unit booked a $2 billion gain last year reselling the vehicles that came back from expired leases and anything the company repossessed, according to a regulatory filing. That helped GM Financial to nearly double its annual profit to ...

Read More »
Send this to a friend