Energy emissions stall in 2019 despite economic growth February 11, 2020 Global emissions related to energy production stopped growing in 2019, raising hopes that a “definitive peak” in total greenhouse gas emissions may have been reached. According to the International Energy Agency (IEA), emissions plateaued at 33 gigatonnes last year, having risen for the previous two years. The data is particularly striking as decline came even [...]
Coronavirus ‘super-spreader’ responsible for 11 cases of virus recovers February 11, 2020 An East Sussex man dubbed a so-called coronavirus super-spreader who is linked to multiple cases of the deadly illness has recovered, it emerged today. Steve Walsh, from Hove, is believed to have passed the disease to 11 others while on a skiing holiday in France after attending a conference in Singapore. Walsh, who has been [...]
Coronavirus: China sacks local officials as death toll passes 1,000 February 11, 2020 China has sacked a number of top officials over the coronavirus outbreak as the head of the World Health Organization labelled the disease “a very grave threat to the rest of the world”. According to China’s anti-corruption watchdog, the head of the Hubei health commission, Zhang Jin, and director Liu Yingzi have both been removed [...]
Ocado falls to £215m loss after Andover warehouse fire February 11, 2020 Online supermarket Ocado fell to a £214.5m loss last year, which the company blamed on a huge fire which burned down one of its warehouses in Andover last February. The figures Group revenue rose 9.9 per cent in the year, up from £1.6bn in 2018 to £1.8bn this year. This was largely driven by 10.3 [...]
Heathrow growing at half the rate of Charles de Gaulle airport February 11, 2020 Heathrow airport is growing at half the rate of its French rival Charles de Gaulle, which at this rate will replace it as Europe’s leading hub airport within two years. Despite a record start to 2020, with over 6m passengers passing through the airport in January, Heathrow warned that unless it upped its growth rate [...]
Storm Ciara latest: Man dies after tree hits car February 10, 2020 Please update this page manually as we update it with the biggest Storm Ciara news. 3:40pm: 98 per cent of 413,000 homes have power restored UK Power Networks have announced that they have reconnected 98 per cent of the 413,000 homes that were without power due to the impact of Storm Ciara. It added that [...]
Investment firms circle for embattled NMC Health February 10, 2020 Shares in embattled hospital operator NMC Health rose 32.31 per cent today after the firm received a multiple approaches regarding a potential takeover from investment firms including KKR. The group, which runs hospitals in the Middle East, said that the offers were “highly preliminary” and that there could be “no certainty that any offer will [...]
Wind turbines: UK must double 2010s spend to hit energy target February 10, 2020 The UK government will need to spend £48bn on installing new wind turbines, double what it spend last decade, if it is to reach its target of 40 gigawatts of offshore wind power by 2030. According to renewable energy analysts Aurora, in order to fulfil the goal, 260 wind turbines will have to be installed [...]
Intu shares jump as it confirms talks over £1bn emergency cash raise February 10, 2020 Retail landlord Intu this morning confirmed that it was in talks with a number of investors over its £1bn emergency cash call. The property giant said that it was in “constructive discussions” with shareholders including the Peel Group and Link Real Estate Investment Trust (Link REIT) regarding a proposed equity raise alongside the firm’s full [...]
FTSE 100 drops as coronavirus declared a ‘serious’ UK health threat February 10, 2020 The FTSE 100 edged down this morning as continued concern over the coronavirus outbreak knocked investor confidence around the world. London’s blue-chip index fell 0.2 per cent in early trading, landing at 7450p, as the UK declared the virus a serious and imminent threat to public health. The outbreak has now killed 908 people around [...]
