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UK food and drink trade deficit largest since 2000 at £21bn
Industry leaders call on government to protect homegrown produce in the interest of national securityThe gap between Britain’s food and drink exports and imports has neared its highest this century, as a combination of Brexit, war in the Middle East and US tariffs dented deliveries overseas while imports soared. The UK’s food and drink trade deficit has risen to more than £21bn – the largest since 2000 – in what industry leaders said was a “wake-up call” for the government to protect...
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The Close brings you the latest news and analysis leading up to the final minutes and seconds before and after the closing bell on Wall Street. Today's guests are MSCI Chairman & CEO Henry Fernandez, NATO Secretary General Mark Rutte, Apple Store Creator Ron Johnson, Principal Asset Management CIO George Maris, Pictet Research Institute Head Maria Vassalou, BlackRock Portfolio Manager, Global Fixed Income Investment Group Chi Chen, Whole Foods CEO & Amazon Worldwide Grocery Stores Vice...
Tesla poised to scale production of heavy-duty Semi trucks with opening of Nevada factory
Tesla is officially opening its first factory for high-volume production of the Semi, a heavy-duty electric truck, in Sparks, Nevada, as CEO Elon Musk aims to push into big rigs. The company first unveiled its Semi in 2017, and started selling the trucks in very limited quantities to early customers, including anchor client PepsiCo., in 2022. A livestream of Thursday's ribbon-cutting event is scheduled for 9 p.m. ET, or 6 p.m. local time.