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      Nvidia hit with shareholder lawsuit after $190bn market value wipeout

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Transport & Infrastructure

  • British Airways sets short-term base in Madrid to beat staff shortages

    April 25, 2022

    British Airways (BA) could set up a short-haul base in Madrid to beat the staff shortages that force it to axe 1,400 flights over the last few weeks. The airline said it will open a cabin crew base in the Spanish capital and hire staff locally to avoid putting passengers through further travel disruption. Under [...]

  • Fuel price rise means cost of running a car jumps 17 per cent

    April 25, 2022

    Huge jumps in fuel prices have contributed to a rise in the cost of maintaining a car by 17 per cent to £3,500. Motorists are spending on average £1,435 to fill up their car each year, which is a £960 rise, according  Insurance Revolution. The fuel jump rise means some road-users have started to use [...]

  • MPs say UK’s Covid restrictions on air travel were ‘disproportionate’

    April 25, 2022

    The UK government’s restrictions on air travel during Covid-19 were “disproportionate to the risks to public health” and led to a severe shock to the aviation sector, according to a Westminster committee. A new report from MPs on the Transport Committee also said the restrictions regime for international travel was “not transparent or consistent, nor [...]

  • Boris Johnson’s £4,000 in parking fines ‘drifted like snow on the windshield’ despite not driving a single mile

    April 24, 2022

    During his time as a London-based motoring correspondent, Boris Johnson cost the magazine he worked for more than £4,000 in parking tickets, his former editor said today. Dylan Jones, who edited fashion and lifestyle magazine GQ for more than two decades until 2021, hired Mr Johnson to work at the Conde Nast title in May [...]

  • Watch how Czech tycoon races high-powered sportscar at 414 km per hour on German motorway

    April 24, 2022

    A Czech millionaire who drove a high-powered sportscar along a German motorway at speeds of at least 414 kilometres per hour (257mph) is no longer facing charges. Germany’s dpa news agency reported that prosecutors in the town of Stendal reviewed footage of the stunt and concluded that Radim Passer had not broken the law when [...]

  • Coastguard clears first P&O Dover to Calais service

    April 23, 2022

    The Maritime and Coastguard agency has cleared the first P&O ferry to sail from Dover to Calais. The Spirit of Britain, detained as part of the government’s crackdown on the ferry operator’s safety and employment tactics, has been conducting trails between Dove and New Romney. MCA agents said the vessel “has been released from detention [...]

  • The Airbus v Qatar Airways’ feud: All you need to know about the $1bn corporate divorce saga

    April 23, 2022

    The latest chapter in the Airbus v Qatar Airways’ saga took place earlier this month when the corporate divorce battle reached judges in the UK. Qatar Airways and Airbus faced each other in a London court on 7 April, for the first since the airline filed a $1bn lawsuit after it was forced to ground [...]

  • British Airways cancels routes to Miami, Tokyo and Hong Kong over the summer

    April 22, 2022

    British Airways is seeking to reassure customers they won’t face disruption, after flights to Miami, Hong Kong and Tokyo were cancelled until September. The company pulled routes due to staff shortages and rising demand after Covid restrictions were lifted. It told City A.M. the Hong Kong route was cancelled due to ongoing Covid entry restrictions, [...]

  • London boost for Lime as Uber includes e-scooters offering

    April 22, 2022

    Lime e-scooters are available to hire via the Uber app, the two companies announced today. The e-scooter offering – available for Londoners and those living in Milton Keynes – follows that of e-bikes, which already already available on the app. Prices will start at £1 to unlock, charing between 15p and 19p per minute to [...]

  • Post-Brexit travel: New £200 ‘Global Britain tax’ on flights to destinations more than 5,500 miles from UK

    April 21, 2022

    Government plans for a new so-called ‘Global Britain tax’ will make it harder and more expensive for British businesses and investors to forge important new relationships with markets outside Europe, with up to £200 in additional taxes being put on the cost of flights, business leaders warned today. In fact, passengers flying to fast-growing destinations [...]

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