Rosita Missoni, the esteemed Italian fashion designer who co-founded the eponymous knitwear brand, has died aged 93. Internationally admired for her colourful fashion house, which she established with her husband, Ottavio, in 1953, Missoni came to be regarded as fashion royalty for being one of a group of designers who brought the Italian ready-to-wear industry…
A man who was among four pedestrians hit by a car on Christmas Day in the West End of London has died in hospital, the Metropolitan police said. They named him as Aidan Chapman. Chapman, 25, was seriously injured in the incident on Shaftesbury Avenue and died on New Year’s Eve. Police said they were…
A holding page for Keith Gill, a Reddit user credited with inspiring GameStop’s rally, before a YouTube livestream arranged on a laptop at the New York Stock Exchange on June 7, 2024. Michael Nagle | Bloomberg | Getty Images Crypto trades jumping. Roaring Kitty boosting meme stocks. Broader market ripping on no apparent catalysts. Animal…
Tesla reported its first decline in annual deliveries on Thursday, as the automaker handed over fewer-than-expected electric vehicles in the fourth quarter and incentives failed to boost demand for its ageing lineup of models. The company failed to meet quarterly delivery targets multiple times in 2024. Deliveries for 2024 were 1.79m, 1.1% lower than a…
Manufacturers in the UK have cut back output at the fastest rate in 11 months, compounding the gloomy picture for the British economy, according to a closely watched survey. The purchasing managers’ index (PMI) for manufacturing fell in December to 47, down from 48 in November – its weakest reading since February. Any reading below…
The boss of Brompton Bicycle has predicted that 2025 will be another year of turmoil for the bike industry after profits at the British folding bicycle maker dived by more than 99% amid a wave of discounting by rivals. Profits fell from £10.7m to £4,602 in the year to the end of March 2024 –…
The UK’s electricity was the cleanest it has ever been in 2024, with wind and solar generation hitting all-time highs, according to a report. The analysis by Carbon Brief found that in the past decade the UK had more than halved electricity generated from coal and gas and doubled its output from renewables. However, the…
The wholesale price of gas has risen to its highest level in more than a year after Russian supplies stopped flowing to rest of Europe via Ukraine. Benchmark prices rose on Thursday to the highest level since October 2023, a day after a longstanding transit contract between Russia and Ukraine expired. Russian gas deliveries across…
Travelers view the arrival and departure boards at the Hartsfield-Jackson Atlanta International Airport (ATL) in Atlanta, Georgia, U.S., on Tuesday, Dec. 21, 2021. Elijah Nouvelage | Bloomberg | Getty Images Air travel demand continued to surge in 2024, led by a bounce back in international trips. From January through October alone, revenue-passenger miles worldwide, a…
Japan’s tourism board has urged holidaymakers to swap Tokyo and Kyoto for towns in Tohoku and Kanazawa as Australian tourists flood Japan’s cities in record numbers. About 807,800 Australians visited Japan between January and November last year, nearly 200,000 more than the previous record in 2019, according to provisional estimates from the Japan National Tourism…
