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Volvo Cars hikes 2024 profit as it considers relocation due to tariffs newsthirst.

Sweden’s Volvo Cars on Thursday reported a 12% rise in full-year operating income and record revenue, but warned of severe market challenges ahead from intensifying electric vehicle competition and global tariffs. The automaker, which is majority-owned by China’s Geely Holding, said operating income came in at 22.3 billion Swedish kronor ($2.04 billion) in 2024 amid an…

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Riverford employees to share £1.3m payout as veg box firm’s profits jump | Food & drink industry newsthirst.

Employees of Riverford will share in a payout of £1.3m after the organic vegetable box company more than doubled profits last year. More than 1,000 staff at the Devon-based group, which began making deliveries from an old Citroën in 1993, will receive about £1,000 each as the employee-owned company nearly tripled its annual payout to…

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Ozzy Osbourne Announces Retirement, Will Reunite With Black Sabbath For Final Concert newsthirst.

Reading Time: 3 minutes It’s the end of the tour for Ozzy Osbourne. After more than 60 years of live performances, the legendary rocker has announced that his next show will be his last. It’s a bittersweet moment for fans, as the sadness of Osbourne’s retirement is mingled with the excitement of another announcement: Ozzy…

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Ford CEO calls for ‘comprehensive’ tariff analysis for all countries newsthirst.

Ford Motor Co., CEO Jim Farley gives the thumbs up sign before announcing Ford Motor will partner with Chinese-based, Amperex Technology, to build an all-electric vehicle battery plant in Marshall, Michigan, during a press conference in Romulus, Michigan February 13, 2023. Rebecca Cook | Reuters DETROIT — Ford Motor CEO Jim Farley on Wednesday said…

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