Elon Musk accuses SEC of forcing him to sign Tesla settlement March 9, 2022 Tesla’s chief executive and serial entrepreneur Elon Musk has accused the US Government of forcing him to sign a settlement that forced him to step down as chairman in 2018. Musk has asked a court to throw away the deal as he said the Securities and Exchange Commission (SEC) had a personal “vendetta” against him. [...]
Asset manager DWS snatches Stagecoach from National Express for close to £600m March 9, 2022 Asset manager DWS Infrastructure has, through subsidiary PEIF III Bidco, snatched Stagecoach from National Express for £594.9m. The news has sent Stagecoach’s share soaring 36.64 per cent to 104.60p. The company has offered 37.2 per cent to Stagecoach’s closing price of 76.55p per share on 8 March, causing Stagecoach’s board to withdraw the National Express [...]
UK impounds private jet at Farnborough Airport in Hampshire: Possibly plane of oligarch Evgeny Shvidler March 9, 2022 A private jet has been impounded by UK authorities at Farnborough Airport in Hampshire. Transport Secretary Grant Shapps confirmed that Russian airlines and private jets had already been banned from the UK. “However there were potential loopholes and I also wanted to make the issue a criminal one, so last night I also signed a [...]
UK impounds aircraft following new round of aviation sanctions against Russia March 9, 2022 Transport Secretary Grant Shapps said today UK authorities had impounded an aircraft following a new round of aviation sanctions against Russia. “There is one such aircraft on the ground at the moment at Farnborough that I’ve essentially impounded whilst we carry out further investigations for the last few days – and it’s very important that [...]
Angry rail workers stage protests at stations across London and other cities as job cuts loom March 9, 2022 Rail workers are staging protests outside train stations to warn about the impact of job cuts on services and safety. Members of the Rail, Maritime and Transport union (RMT) handed out leaflets to commuters on Wednesday at stations in London, Bristol, Birmingham, Manchester and Leeds warning that despite the recent increase in fares, rail companies [...]
Water regulator Ofwat raises alarm over sewage treatment of Thames Water and four other firms March 9, 2022 Water regulator Ofwat has said it has “serious concerns” over the sewage treatment works of five water suppliers. Anglian Water, Northumbrian Water, Thames Water, Wessex Water and Yorkshire Water submitted reports in December which worried the regulator, it said. “We have identified shortcomings in most water and wastewater companies and are continuing to investigate,” said [...]
HS2 unveils new London Euston designs March 9, 2022 HS2 has unveiled new design for its London Euston station, seven years after they were originally shown to the public. The updated concept has turned Euston from an initial 11-platform station to a 10-platform and simpler one, which will be built in one phase instead of two. According to HS2’s Euston are client director Laurence [...]
Ukraine’s secret weapon: High-tech drone ‘the Punisher’ is wreaking havoc far behind Russian enemy lines March 8, 2022 A re-deployable drone called ‘The Punisher’ is increasingly making life difficult for the Russian Army by destroying crucial supply lines. The relatively small, nimble drone can travel up to 30 miles behind Russian enemy lines and is extremely hard to detect. When flying at about 1,300 feet, it can stay up in the air for [...]
Londoner evacuates dozens of Ukrainian refugees across Polish border in his black cab March 8, 2022 A British man is seen helping to evacuate refugees across the Ukraine-Polish border by using a London black cab. Londoner Roman Tymchyshyn, 31, has already transported around 80 people including pregnant women, disabled elderly people, children and even a nine-month-old baby. He began driving refugees in his black cab across the Polish border on February [...]
Aeroflot cancels all international flights except for Minsk as sanctions continue to bite March 8, 2022 Russian carrier Aeroflot has suspended all international flights except for Minsk after a growing number of countries imposed restrictions following the Kremlin’s invasion of Ukraine. The Rosaviatsiya, Moscow’s federal air transport agency, recommended airlines to cut down on the number of international flights because they could see their leased aircraft detained, Russian news agency TASS [...]