Rupert Murdoch’s News Corp posts second loss in a row amid print advertising headwinds February 9, 2017 Rupert Murdoch’s News Corp, the owner of Dow Jones Newswires, The Wall Street Journal and The Times, has posted its second quarterly loss in a row. Read more: Rupert Murdoch pleads with newspaper to stop using "fake news" quote The figures The company has had difficulty offsetting the decline in advertising income in its newspaper business. [...]
HS2 payments to incoming chief executive’s firm CH2M surge from £1.4m to £32.5m in four years February 9, 2017 High Speed Two payments to its incoming chief executive’s company have surged, as the rail project awarded another contract to CH2M today. New figures have revealed that CH2M – where HS2’s new boss Mark Thurston is head of European operations; he joins HS2 in the spring – has been paid increasing amounts from HS2 over the [...]
HS2 announces flurry of new contracts including another for CH2M – the firm of its chief exec-to-be February 9, 2017 New contracts have been awarded for the second phase of HS2, including one for CH2M – HS2's incoming chief executive's company. The announcement comes after questions were asked over Mark Thurston's appointment last month and possible conflicts of interest. Thurston joins from his post managing European affairs at CH2M in the spring. American engineering giant CH2M is already the engineering delivery [...]
Bank of England governor Mark Carney commits to curbing jargon to win back trust in “dreaded experts” February 9, 2017 Mark Carney has spoken of the need for the Bank of England (BoE) to cut back on technical language to win back public trust, saying “not everyone wants to be steeped in fan charts, modelling and stress testing”. Speaking at a BoE inclusion event tonight, Carney said: “To communicate to both the City and the [...]
Sir Stelios plans to keep up the pressure on EasyJet’s board after protest vote at annual general meeting February 9, 2017 Sir Stelios Haji-Ioannou plans to keep up the pressure on EasyJet’s board after grilling them with a series of questions over a sale and leaseback deal at today’s annual general meeting (AGM). The airline’s founder and now its biggest shareholder, put a raft of questions to directors over a sale and leaseback deal for 10 aircraft at [...]
RAF jets sent to intercept Russian bombers after they approach UK airspace February 9, 2017 No need to panic but RAF fighter jets have been dispatched to monitor two Russian bombers, which flew near UK airspace. The pair of Tupolev TU-160 Blackjack bombers were in the UK's area of interest, but didn't enter British territorial airspace. So no worries then… RAF Typhoons were dispatched from the Lossiemouth base in Scotland [...]
RMT’s row over role of the guard to spread as it ballots Arriva Rail North workers for strikes February 9, 2017 Southern rail and Aslef union might have struck a deal in the long-running dispute over the role of the guard (subject to a members' referendum), but the Rail, Maritime and Transport (RMT) union is yet to follow suit. And now it's balloting workers on Arriva Rail North for strikes in another row over the role of [...]
Anglo American Platinum chief exec Chris Griffith injured after encounter with buffalo February 9, 2017 Anglo American Platinum’s (Amplats) chief executive has been injured by a buffalo while on holiday, the company said yesterday. Chris Griffith, who was appointed chief executive of the 94bn rand (£5.6bn) company in September 2012, had appeared at Mining Indaba, an industry conference in Cape Town this week in a wheelchair. Amplats said in a statement, he “had an encounter [...]
Dry January wasn’t much of a draw this year as two-thirds opted not to bin the booze February 9, 2017 Despite the grumbling you may have heard, not everyone did Dry January last month. In fact, according to research into the late night economy from The Deltic Group, over two thirds of people didn't take part this year. That was though, still more than last year when 84 per cent didn't take part. The report of [...]
Apple boss Tim Cook hits out at Donald Trump’s travel ban again February 8, 2017 Apple boss Tim Cook has again stressed his opposition to President Donald Trump’s travel ban. “We have employees that secured a work visa, they brought family to the US, but happened to be outside the US when the executive order was issued and all of a sudden their families were affected. They couldn’t get back [...]
