BMW halts train deliveries to China due to Ukraine war April 26, 2022 BMW has halted its train shipments from Germany to China via the Trans-Siberian railway as a result of the Ukraine war. Alongside Audi, the world’s largest manufacturer said it was now delivering the goods via sea. “BMW has stopped all train transport through Russia immediately after the beginning of the war,” said a BMW spokesperson. “Exports [...]
Meta takes on UK watchdog in £249m competition row over Giphy tie-up April 26, 2022 Facebook's parent firm Meta has started the appeal process against the UK's decision to block its tie-up with Giphy for $315m (£249m).
Twitter sale: The rocky road for online safety in Musk’s world of free speech April 26, 2022 The business world was sent into frenzy on Monday night after Twitter accepted a $44bn buyout offer from Tesla tycoon Elon Musk.
The City View: Max Jamilly, Hoxton Farms co-founder, on lab-grown meat and London’s start-up scene April 26, 2022 Today Andy Silvester chats to Max Jamilly, co-founder of Hoxton Farms, a lab-grown meat start-up based in London. They go through the recent rise of plant-based alternatives, how lab-grown meat is created, and why it will supercede traditional plant-based meat; and Hoxton Farms’ funding journey, their plans to scale their business, and London’s vibrant start-up [...]
Young accountant wins payout over insurance chief’s ‘demanding’ millennial comments April 26, 2022 A trainee accountant has won a case against employer, after his boss said she had made “the wrong decision in giving a dyslexic person the job” whilst firing him from his job at the Lloyd’s insurance broker. 26-year-old accountant Jay Patel is set to receive compensation for unfair dismissal, after an employment tribunal heard his [...]
Crypto set to overtake traditional investments within 10 years, new report claims April 26, 2022 Research by a global cryptocurrency exchange has found investors believe digital assets will outgrow traditional investment within a decade.
Global reach of crypto leaves individual regulators powerless, FCA boss warns April 26, 2022 The global reach of cryptocurrencies has left individual regulators unable to shield consumers from mis-sold investments and dodgy products, the chief of the UK’s financial watchdog has warned.
P&O launches investigation after vessel loses power at sea April 26, 2022 Disgraced ferry operator P&O has launched an investigation after a recently cleared vessel lost power off the coast of Northern Ireland. The European Causeway vessel was unable to manoeuvre as required and was “unable to keep out of the way of another vessel.” “Following a temporary mechanical issue, the European Causeway is now continuing on [...]
CAA urges travellers to use £85m of unspent vouchers before they expire April 26, 2022 The Civil Avation Authority (CAA) has urged travellers to use £85m of unspent vouchers before they expire at the end of September. Given by travel firms as refund during the pandemic, the vouchers were issued between March 2020 and December 2021 and are under the Atol scheme, which protects customers if their travel company goes [...]
German energy firms risk being nationalised as cabinet backs emergency measures April 26, 2022 Germany's government could soon have the power to seize ownership of energy companies to secure supplies in the event of an emergency.
