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Pound falls after weak UK factory data as US dollar rises – as it happened

www.theguardian.com 02-01-2025 03:08 1 Minutes reading

Live, rolling coverage of business, economics and financial markets as 2025 starts with trepidation over new US administration’s trade policies, and the global manufacturing sector struggles

Nine out of ten new cars sold in Norway last year were powered by battery only, as the country approaches the feat of becoming the first to completely ditch petrol and diesel sales.

Norway is aiming to completely phase out sales of cars with petrol and diesel engines by 2025. The latest data from the Norwegian Road Federation suggest that it is well on track.

Norway will be the first country in the world to pretty much erase petrol and diesel engine cars from the new car market.

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Asian American woman sues PayPal for racial bias i...
04.01.25 07:09
by theguardian.com

Asian American woman sues PayPal for racial bias in investment program

Nisha Desai is part of growing conservative push to curtail diversity, equity and inclusion initiatives in corporate US

PayPal has been sued by an Asian American businesswoman who accused the digital payments company of racial bias for restricting part of a $535m investment program to Black and Hispanic applicants, costing her millions of dollars.

Thursday’s complaint by Nisha Desai and her New York-based venture capital firm Andav Capital is part of a growing push among some conservatives to curtail diversity, equity and inclusion initiatives in corporate America.

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