Nissan expands Ghosn investigation to US executive and foreign deals January 11, 2019 Nissan has widened its investigation into disgraced chairman Carlos Ghosn to include another senior executive and deals made by Ghosn across the globe. The car manufacturer has launched a probe into chief performance officer Jose Munoz, Reuters reported, citing sources close to the investigation. Munoz, who was head of Nissan’s North American operations between 2014 [...]
Economy Energy customers moved to Ovo days after ninth bankruptcy in a year January 11, 2019 The 235,000 customers who were left in limbo earlier this week when supplier Economy Energy went bust have found a new home with Ovo Energy. The new supplier will offer all customers a “competitive tariff” while promising to pay back those who were owed credit by Economy Energy, Ofgem said. The regulator was forced to [...]
Wet wipes get a ‘fine to flush’ symbol to avoid another fatberg January 11, 2019 Wet wipes are to get a “fine to flush” symbol to help people identify what can’t go into Britain’s sewers and aid in the fight against so-called fatbergs. Manufacturers of wet wipes will be able to feature the symbol on their packaging once their products pass “strict scientific tests”. Read more: New fatberg discovered – and it's right [...]
Heathrow breaks through 80m passenger mark as it plans for expansion January 11, 2019 A record-breaking 80m passengers travelled through Heathrow last year as the airport reaped the rewards of larger planes and an increase in bookings. Heathrow saw its passenger numbers rise 2.7 per cent in 2018 on the year before, becoming one of only seven airports in the world to surpass the 80m mark. December was a [...]
Volkswagen deliveries fall year-on-year in December January 11, 2019 Volkswagen deliveries fell by 9 per cent year-on-year in December, the car maker revealed today. Worldwide deliveries to customers shrunk to 540,600 cars from 594,200 in December 2017. However, overall deliveries were up by 0.2 per cent to 6.24m last year – hitting a new record – the group said. The ongoing trade war with the [...]
City commuters face paying an extra £71 in parking charges at key Essex stations January 11, 2019 City workers will face increased charges for leaving their cars at stations in Essex, in a second blow to commuters after fares were put up earlier this year. Operator c2c said it was increasing charges by 40p for daily tickets, with annual passes rising by up to £71. Read more: Rail fares rise by 3.1 per [...]
Former Nissan chairman Ghosn hit with two fresh financial misconduct charges January 11, 2019 Tokyo prosecutors have slapped down two fresh charges of financial conduct on Carlos Ghosn in the latest blow for the embattled former Nissan chairman. Ghosn has been charged with aggravated breach of trust for transferring personal losses to the car manufacturer and for understating his pay between 2015 and 2017, Reuters reported, citing Ghosn’s lawyer [...]
Air pollution on the Tube is 30 times worse than on London’s roads January 10, 2019 Travelling on the London Underground exposes you 30 times more air pollution than standing by a busy road, according to a new study. The report by the Committee on the Medical Effects of Air Pollutants (Comeap), published yesterday, claimed that air at Hampstead station, the deepest Tube station in London, had a particulate matter concentration [...]
Renault board to meet as chairman Ghosn faces fresh financial misconduct charges January 10, 2019 Renault will hold a board meeting in Paris today as the scandal surrounding its chairman Carlos Ghosn continues. The extraordinary board meeting will take place this afternoon, City A.M. understands, though it is not yet clear what will be discussed. The meeting comes a day before Japanese prosecutors are expected to indict the car executive [...]
Elon Musk says the next Tesla Roadster will be a flying car January 10, 2019 Billionaire entrepreneur Elon Musk is about to combine the efforts from his two biggest companies to tackle one of technology's greatest challenges: building a flying car. The Tesla chief executive said on Twitter late last night that the firm's next Roadster vehicle will be able to hold itself in mid-air, as well as travel both vertically and [...]