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RARE PHOTOS: 58 - The Real Truth

Britishvolt ‘collapsed owing £120m’ as UK car industry reports dismal year

Several bids are understood to have been made for assets of failed electric vehicle battery startup

The Guardian - UK

Rising living costs take toll on spending

Cautious spending, flexible payment and authentic automation are among the key consumer trends to look out for in Thailand this year, according to London-based market research firm Euromonitor International.

Bangkok Post

Ministers will look ‘seriously’ at any credible Britishvolt takeover bids

Britishvolt collapsed into administration a week ago, making the majority of its roughly 300 workers redundant.

The Independent UK

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Dutch hacker obtained virtually all Austrians' personal data, police say

A Dutch hacker arrested in November obtained and offered for sale the full name, address and date of birth of virtually everyone in Austria, the Alpine nation's police said on Wednesday.

Reuters

Cuba wants Russia’s advice on market reforms as Putin seeks more trade with the island

After much hesitation about how to deal with small and medium-size private enterprises it authorized in 2021, the Cuban government is turning to Russia for help with market reforms on the island through a partnership with a Russian think tank headed by sanctioned oligarch Oleg Deripaska, as the two countries…

Miami Herald

Historic spring maker John Binns & Sons snapped up by French engineering firm CGR

The 128-year-old North Yorkshire firm is said to have recently invested in new technology

Birmingham Post

Australian startup tables bid for Britishvolt to revive £3.8bn gigafactory ambitions

Recharge Industries is reported to be up against competition from 12 other bidders for the collapsed electric battery business

Birmingham Post

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Britishvolt: Australian startup tables bid for collapsed North East battery business

The founder of Recharge Industries is reported to be visiting the Blyth site and meeting Government officials

Chronicle Live

Cornwall electronics manufacturer appoints new managing director

Falmouth-based Sellectronics has said it hired Jon Hurrell to oversee the next stage of its growth

Birmingham Post

Somchai picked to stay on as executive at AIS

Somchai Lertsutiwong, chief executive of Advanced Info Service (AIS), will continue in his leadership role at the country's leading mobile operator for at least another year, says Sarath Ratanavadi, vice-chairman of the company's board.

Bangkok Post

Is It Smart to Store Your Money in Pure Storage Stock This Winter?

Data storage solutions provider Pure Storage (PSTG) delivered strong financial results in the third quarter, with strong revenue growth and increasing operating profits. PSTG’s innovative portfolio and unique Flash-optimized technology position the company to witness sustained growth in the upcoming quarters. However, is it wise to invest in this data…

StockNews.com

Gloucestershire precision engineering tool supplier acquires local competitor

Stroud-based C R Hollands Industrial Supplies has completed a deal with Gloucester’s Concept Tooling UK for an undisclosed sum

Birmingham Post

Why 2022 Was A Tough Year For Tech Firms Seeking Funding

With the plummeting NASDAQ, rising inflation and interest rates, war in Ukraine and nervous investors, a tough year for startups.

Zenger

WANdisco secures £7.2m contract with unnamed industrial and consumer goods client

The Yorkshire plc says it has signed an initial agreement to perform a one-off project to migrate data to the cloud for the global name

Birmingham Post

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StockNews.com

3 Tech Stocks You Don’t Want to Miss out on in 2023

The tech industry is expected to witness a rebound in 2023, thanks to the robust demand for tech goods and services. Moreover, technology executives signal spending this year despite the macro turbulence. Given the industry’s steady prospects, investors could consider buying quality tech stocks Jabil (JBL), Box (BOX), and Celestica…

AAP

Electric trucks to score power boost

Electric delivery trucks will be able to recharge at Australian petrol stations after a deal between a major energy provider and an Australian vehicle maker.

Birmingham Post

New MD for East Yorkshire shower manufacturer Kohler Mira

The company employs 80 people at Melton West Business Park and has further operations in Cheltenham and Worcester

InsideEVs

SRAM Could Be About To Enter E-Bike Market With Amprio Acquisition

U.S.-based cycling component giant SRAM has recently acquired Amprio, a German e-bike systems manufacturer.

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Birmingham Post

Yeovil cleaning product firm acquired by global business

Somerset-based Craftex manufactures cleaning chemicals and machinery for a range of industries in the UK and Europe

Birmingham Post

Coding firm founded above a Cheshire Waitrose to be bought by US giant

Mobica's clients include Google, Dyson, BMW, Vodafone, Facebook and Samsung

Insider UK

Agrecalc appoints its first chief executive

Scotland’s Rural College spin-out business moves towards its first fundraise

Birmingham Post

Shower company Kohler Mira appoints new managing director

Emma Foster has worked at the company for 19 years in various marketing roles

Birmingham Post

Bristol mobility scooter and wheelchair retailer ceases trading, with loss of 71 jobs

Business management consultants Teneo Financial Advisory have been appointed joint administrators

The Guardian - UK

The Observer view on the free market thinking that failed Britishvolt

The government’s hands-off approach meant the odds were against the EV battery startup from the start

StockNews.com

1 Security Stock That's Well Positioned for 2023

Since its partnership with State Farm, ADT Inc. (ADT), headquartered in Boca Raton, Florida, seems to have switched gears. We look at the factors that promise to make this turnaround, characterized not in the least by its return to profitability, enduring even in the treacherous macroeconomic terrain of 2023. Read…

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