P&O to face soaring insurance bill after sinking to riskiest safety rating April 18, 2022 P&O is to face soaring insurance bills after it sank to the riskiest safety rating, with its performance deemed “very low.” According to an analysis of an international database of inspections, P&O was previously awarded a “medium rating,” but after it sacked 800 seafarers and replaced them with agency workers the rating sank. “It’s very [...]
Police speak to Nicola Sturgeon over breach of face mask rules April 18, 2022 Police officers have spoken to Scottish First Minister Nicola Sturgeon after footage circulated on social media of her breaking her own face mask rules. Police Scotland said they reminded Sturgeon of the importance of wearing face masks where the rules indicate it is mandatory, but that no further action was necessary. A police spokesperson said [...]
Deezer on track for public listing after $1.1bn takeover offer April 18, 2022 Music streaming platform Deezer is on track to take a second stab at a public listing following a $1.1bn (£845m) takeover offer.
Hostile Takeover: Elon Musk trades blows with Twitter’s board April 18, 2022 Eccentric billionaire Elon Musk is locked in an ongoing battle with Twitter's board as he pursues a hostile takeover.
Yours for £22.5m: Inside Charles Dickens’ former Regent’s Park property April 18, 2022 An seven-bedroom property overlooking Regent’s Park, which formerly belonged to Charles Dickens, is on sale for the first time since before 1995. Dickens, the lauded author behind Oliver Twist, A Christmas Carol and Great Expectations, once summered in the Grade I listed home in 1861. Largely unchanged since Dickens’ time, beyond the newly fitted Nordic [...]
Most employees push for remote working following fuel price surge April 18, 2022 Most employees are pushing for remote working patterns as a result of the surge in fuel prices. According to 3,000 people survey by recruiter Randstad, nine out of 10 cite the cost-of-living crisis, and in particular hiking fuel prices, as the main reason for remote working. “For people who have to drive, being hit by [...]
Bank of America beats forecasts with first quarter profits of $7.1bn April 18, 2022 The Bank of America has beat analyst expectations with first quarter revenue of $23.3bn amid strong loan book growth.
Ukraine war leading to long-term consequences for aviation, says Emirates’ Sir Tim Clark April 18, 2022 The Ukraine war and the consequent exclusion of Russia from the global economy will have long-term consequences for global aviation, said Emirates’ boss Sir Tim Clark. “This [war] will have major manifestations of perhaps disadvantage for both sides. And this will have an impact on the industry,” he told the BBC today. Clark said Emirates was [...]
Billionaire beer heir and George Osborne enter the fray in Chelsea sale race April 18, 2022 An American billionaire beer heir and former chancellor George Osborne have joined separate bids to buy Chelsea Football Club, with a decision on the sale now expected this month. Sky News reports Alejandro Santo Domingo, who sits on the board of Budweiser owner AB InBev, is a part of an investor group led by ex-Liverpool [...]
Rivian says automotive at risk of EV battery shortage April 18, 2022 The global automotive industry needs to brace for a shortage of electric vehicle (EV) batteries, according to Tesla’s rival Rivian. Chief executive RJ Scaringe said moving from building a few million batteries to tens of millions within the decade will replace chip shortages as the sector’s biggest challenge. “Put very simply, all the world’s cell [...]