Exclusive: Ride-hailing app Ola launches new corporate service July 21, 2020 Ride-hailing app Ola will today launch a new service for its corporate clients, City A.M. can reveal. According to the Indian firm, Ola Corporate, which will be available to businesses across the UK, could save firms up to 25 per cent on their travel expenses. The firm said that it was cheaper than alternative services [...]
Uber faces final Supreme Court appeal to argue drivers are not employees July 20, 2020 Uber will tomorrow begin one final attempt to overturn a ruling that means it must treat its drivers as “workers” in what could be a landmark case for UK employment rights. The ride-hailing app has already been defeated on the two previous occasions it has tried to challenge the ruling, which was first made in [...]
Oxford coronavirus vaccine safe and triggers ‘strong’ immune response, study finds July 20, 2020 The University of Oxford’s coronavirus vaccine has been deemed safe and induces a “strong response” from the immune system, a new study has found. An initial trial of 1,077 people showed that the injection produced antibodies and white blood cells in patients. The vaccine was “safe, tolerated, and immunogenic”, the study said, with a single [...]
Rare earth miner Pensana inks deal with Chinese firm for Angola project July 20, 2020 Rare earth metals firm Pensana has today announced that it is exploring a partnership with China Great Wall Industry Corporation (CGWIC) to develop its flagship mine in Angola. The project, at Longonjo in the southern African country, is the first new rare earth mine in over a decade. The mine, which is slated to start [...]
Carlos Ghosn labels Renault ‘pathetic’ as sales tumble 35 per cent July 20, 2020 Carmaker Renault revealed that worldwide sales of its vehicles had fallen 34.9 per cent in the first half after disgraced boss Carlos Ghosn labelled the recent performance of the Renault-Nissan partnership as “pathetic”. The French auto giant said that the fall in sales was due to its “high exposure to countries that have undergone a [...]
Airlines call on Rishi Sunak to waive passenger tax for 12 months July 20, 2020 The UK’s airlines have renewed calls for a 12-month waiver from paying Air Passenger Duty (APD) in a bid to protect the industry from damage from the coronavirus crisis. A new survey from industry body Airlines UK has found that without such a waiver, 600 air routes will be lost in the short-term, as well [...]
Virgin Australia bondholders submit rival buyout bid July 20, 2020 Virgin Australia bondholders have submitted a rival deal to Deloitte to buy the embattled carrier out of administration, a spokesman said today. Last month US investment fund Bain Capital emerged as the victorious bidder for the airline, in a deal worth an undisclosed sum. Although the offer eclipsed proposals offered by Cyrus Capital Partners and [...]
Coronavirus roadmap: When will England’s lockdown end? July 18, 2020 Boris Johnson has outlined a roadmap for the end of England’s lockdown, giving hope that coronavirus social distancing could end before Christmas. Johnson changed tack on government guidance to work from home where possible in a speech on 17 July. Instead employers will be asked to discuss with employees whether and how they can safely [...]
Met Office mistakes huge swarm of flying ants over London for rain July 17, 2020 Flying ants have once again taken to the skies of London, with swarms so big that the Met Office weather radar has mistaken them for rain. On Sunday, millions of the bugs filled the skies across the country on what is known as “Flying Ant day”. Undeterred, the winged insects have returned in huge swarms [...]
Business groups cautiously welcome easing of workplace restrictions July 17, 2020 Boris Johnson has announced that employers will be given “more discretion” to decide whether to bring staff back to workplaces after the coronavirus lockdown. From 1 August, firms will be able to ask staff to come back if it is safe to do so. “If employees think it would be better and more productive to [...]
