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Exclusive: Toyota scrambles for EV reboot with eye on Tesla

Toyota cars are seen at a briefing on the company's strategies on battery EVs in Tokyo
Toyota is considering a reboot of its electric-car strategy to better compete in a booming market it has been slow to enter, and has halted some work on existing EV projects, four people with knowledge of the still-developing plans said.
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A view of the London skyline shows the Canary Wharf financial district of London and the Walkie Talkie building, in the City of London, seen from St Paul's Cathedral in London

UK businesses most downbeat about profits since Q4 2020 - BCC

British companies are the most downbeat about the outlook for their profits since the depths of the COVID-19 pandemic in late 2020 despite widespread plans to raise prices, a major survey showed on Thursday, adding to signs of gloom about the economy.
Porsche IPO in Frankfurt

Porsche shares fall below IPO pricing

Shares in sports car brand Porsche fell below its listing price on Monday, the third day of trading since its $72 billion listing by parent company Volkswagen.
Signage is seen at a Bed Bath & Beyond store in Manhattan, New York City

Bed Bath & Beyond CFO plunges to death at New York's Jenga tower

Bed Bath & Beyond Inc's chief financial officer fell to his death from New York's Tribeca skyscraper known as the "Jenga" tower on Friday afternoon, police said on Sunday, days after the struggling retailer announced it was closing stores and laying off workers.
A Starbucks store is seen in New York

New York City sues Starbucks for firing union organizer

A New York City agency overseeing workplace affairs said on Friday it sued Starbucks Corp because the coffee chain illegally fired a longtime barista and union organizer shortly after employees in his store voted to join a union.
Shoppers line up to wait for the opening of a Uniqlo store in New York

Amid US retail gloom, Uniqlo shines on COVID-triggered revamp

Just as inflation ravages the big guns of U.S. apparel retail, awash in high inventory and deep discounts to lure shoppers back to stores, Japan's Uniqlo is set for its best year ever in North America after a COVID-imposed revolution in its business model.