Richard Branson’s Virgin Galactic tourist spaceship successfully touches the edge of the world in today’s test flight December 13, 2018 Rocket man and Virgin billionaire Richard Branson's commercial space programme successfully reached the edge of the world's atmosphere for the first time in its fourth test flight across the US today. The Virgin Galactic Spaceship Two rocket, which was carried up to a height of above 12,000 metres by a specially-designed plane before igniting its motors, reached [...]
Flybe shares head skyward as it braces for bidding war November 26, 2018 Flybe shares soared over 23 per cent in trading this morning on reports it has landed at the centre of bidding war between industry rivals Sir Richard Branson and Willie Walsh. Walsh’s International Airlines Group (IAG) is in hot competition with Branson’s Virgin Atlantic, according to reports over the weekend which have sent the budget [...]
Arch rivals Walsh and Branson in bidding war for struggling airline Flybe November 25, 2018 Arch airline rivals Willie Walsh and Richard Branson are set to go head to head in a bidding war for struggling airline Flybe. Walsh, who is chief executive of British Airways owner International Airlines Group (IAG), is facing competition from Branson’s airline Virgin Atlantic as the two carriers vie to take control of Flybe, which [...]
Embattled budget airline Flybe’s shares take off as it confirms Virgin Atlantic talks November 23, 2018 Struggling low cost airline Flybe’s shares soared 23 per cent this morning as it confirmed reports that Virgin Atlantic is in talks to buy it. Billionaire Sir Richard Branson’s airline began talks to buy the company after the Exeter-based airline put itself up for sale earlier this month, Sky News reported last night. Shares later [...]
Out of the loop: Virgin boss Branson steps down from Hyperloop role October 22, 2018 Sir Richard Branson quit his role as chairman of Virgin Hyperloop One tonight, in a move that comes days after Saudi Arabia said it was scrapping a planned deal with the company following the billionaire’s decision to freeze his ties with the kingdom. In a statement this evening the company, which plans to build a [...]
Richard Branson pulls out of $1bn investment talks with Saudi Arabia over missing journalist October 12, 2018 Virgin's Richard Branson said he had scrapped talks with Saudi Arabia's Public Investment Fund about a $1bn (£755m) investment into its space ventures late last night, in light of the disappearance of a prominent Washington Post journalist. "What has reportedly happened in Turkey around the disappearance of journalist Jamal Khashoggi, if proved true, would clearly change [...]
Nico Rosberg on his new life as a tech investor: “I struggle to invest in some boring s**t. For me it’s important that they’re cool.” October 11, 2018 His racing days might be behind him but the competitive fire still burns inside Nico Rosberg – only now the ex-Formula One world champion has an altogether different outlet. Since his sudden retirement in 2016, Rosberg has embarked on a second career as an investor, with a particular focus on tech-leaning companies such as Uber [...]
Virgin will reach space in ‘weeks, not months’ says founder Branson, but tickets could set you back £250,000 October 9, 2018 Virgin Galactic will reach space “in weeks, not months”, founder Richard Branson has said. The company's shuttles will be capable of leaving the earth’s orbit soon and the billionaire will be on one of them in just a few months, with commercial passenger flights launching soon after. “We’re more than tantalisingly close now,” Branson told CNBC. [...]
Hollywood actor Ryan Reynolds partners with Richard Branson to stock gin brand on Virgin Atlantic September 25, 2018 A gin brand owned by Hollywood actor Ryan Reynolds will be stocked on Virgin Atlantic flights. Aviation Gin will not only be available at 35,000ft but will also be served in Virgin Atlantic Clubhouses. Read more: CYBG's £1.7bn takeover of Virgin Money approved by shareholders Londoners can get a taste of the spirit, which [...]
Richard Branson: UK would be better off in Eurozone June 28, 2015 Britain would be better off in the Eurozone, billionaire investor Sir Richard Branson has said. “I think that if we were part of the euro right now, our currency would be a lot cheaper,” the Virgin founder said in an interview with the BBC yesterday, adding: “Great Britain would be doing that much better in [...]