Wednesday , 17 December 2025

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There’s no escaping soaring food prices for UK shoppers

Bloomberg UK shoppers seeking to avoid higher bills at the checkout are running out of options after prices on more than half of supermarket items rise in the past year. Some 22,000 products offered by Britain’s four biggest grocers became costlier since last June, data from retail research firm Assosia shows. That includes a 35% surge in Heinz Tomato Ketchup …

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UK speeds up checks for new airport staff

  Bloomberg The British government is speeding up national security checks for new airport workers to address post-pandemic staffing shortages that have contributed to chaos for travelers in the UK and across Europe. The UK has accelerated the vetting process that all new aviation recruits must undergo, with accreditation checks being completed in around five days on average and counter-terrorist …

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Hyundai is quietly dominating the EV race

  Bloomberg Pipe down for a second Elon, the hottest things in the auto industry — the most electric electrics — now come from Hyundai Motor Co. and Kia Corp. Earlier this year, the South Korean carmakers rolled out two new battery-powered cars — the Hyundai Ioniq 5 and its sibling, the Kia EV6 — which promptly tore up the …

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Google to give cloud customers tools to check carbon footprint

Bloomberg Google’s cloud-computing division is preparing to reveal the carbon footprint for its Workspace apps, including Gmail and Docs, as it builds out its suite of tools to help customers assess their impact on the environment. The move by Alphabet Inc-owned Google Cloud expands measures unveiled last year to help clients measure and reduce the gross carbon emissions of using …

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Sony takes a leap into PC gaming gear with Inzone brand

Bloomberg Sony Group Corp is launching a new gaming gear brand called Inzone, trotting out headphones and displays for the PC to try and expand its reach beyond the PlayStation. The new brand is the Tokyo-based firm’s effort to capture a slice of the peripherals market, augmenting its plans to release more former PlayStation exclusives on the Windows platform. Sony …

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Tesla deliveries dipped in Q1 2022

  Bloomberg Tesla delivered 254,695 cars worldwide in the three months to June, snapping a two-year streak of quarter-on-quarter gains, as a Covid-related shutdown at its factory in Shanghai crimped production. The results, posted, missed a forecast of 261,181 vehicle deliveries based on an average of analyst estimates compiled by Bloomberg. That is less than the record 310,048 cars Tesla …

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Russia’s oil revival gets some help from domestic refineries

  Bloomberg Russia’s oil output is edging back toward pre-war levels, and a revival in large and small refineries scattered across the country is a major driver of the change. The trend is another example — from rising oil-product exports to higher prices for Urals crude — of how Russia’s energy industry is adapting to trade restrictions imposed after its …

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Illegal protests double power outages in South Africa: Eskom

  Bloomberg About half of South Africa’s record electricity outages this week have been caused by employees staying away from work during illegal protests, the head of the state power utility said. Eskom Holdings SOC Ltd. was forced to implement Stage-6 power outages — equivalent to cutting 6,000 megawatts from the grid — because of disruptions that have lasted a …

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Copper sinks below $8,000 a ton

  Bloomberg Copper sinks below $8,000 a ton, hitting its lowest since early 2021, as deepening fears about a global economic slowdown drive a rout in industrial metals. The metal, widely considered a barometer of the world economy, slumped as much as 3.6% to $7,959 a ton in London, extending losses after its worst quarter in a decade. Investors appear …

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