UK morning business news with Alice & Lewis
Swatch Group's Crisis: Profits Plummet, China's Impact, and Legal Battles
Swatch Group's profits have dropped 90% in the first half of the year, driven by a sales slump in China. Meanwhile, activist investor Greenwood Investors is challenging the company in court.
Uber and Lucid Join Forces: The Future of Autonomous Taxis
In this episode, we explore Uber's $300 million investment in Lucid and the custom-built autonomous vehicles that could revolutionize urban transportation.
Meta's Legal Challenges: A New Era of Corporate Accountability?
Alice and Lewis discuss a major legal settlement involving Meta's board, potential liability for data breaches, and what this means for corporate accountability.
TSMC's Record Quarter and Industry-Wide Caution: Navigating Global Challenges
TSMC reports a historic profit but faces a cautious outlook, highlighting the challenges in the global chip manufacturing industry.
Renault's Electric Vehicle Revolution: Speed, Strategy, and the Challenge from China
Renault is racing to outpace the competition with an aggressive strategy in the electric vehicle market, drawing inspiration from Chinese rivals like BYD. Can they maintain speed and innovation while staying unique?
Nvidia's Strategic Comeback in China: Policy Shifts and AI Implications
Explore Nvidia's potential resurgence in the Chinese market as new export policies emerge and their impact on global AI dynamics.
Germany's Economic Warning and Global Implications
Germany's top insurance boss warns of a potential economic crisis and the impact on global markets.
The $4 Billion Bitcoin Deal: Lutnick, Blockstream, and the Future of Crypto Investing
Brandon Lutnick's Cantor-backed fund is on the verge of a $4 billion crypto deal with Blockstream founder Adam Back, as part of a broader push in the Trump-era crypto boom.
UK Overhauls In-House Insurance Regulations to Attract Captive Insurers
The UK government is making major changes to in-house insurance rules to bring back hundreds of captive insurers. This could boost the economy and make the UK a more competitive place for businesses.
Stellantis Exits Hydrogen: What It Means for the Auto Industry
Stellantis, the company behind Peugeot and Fiat, has decided to step away from hydrogen vehicles in favor of electric and hybrid technologies. In this episode, we explore the implications for the company, its partners, and the future of hydrogen in the automotive sector.
OpenAI's E-Commerce Revolution: A New Era for AI-Powered Shopping
OpenAI is set to shake up the e-commerce world by taking a cut from online product sales via ChatGPT. Join us as we explore how this strategic move could redefine online shopping and challenge traditional players like Google.
Barclays Hit with £42M Fine for Money Laundering Failures
Barclays faces a £42 million fine for the third time in a decade due to money laundering failures. The FCA uncovered two major cases involving WealthTek and Stunt & Co, revealing serious oversight and regulatory breaches. Tune in to learn how these failures impacted clients and the financial system.