Miner BHP hits near record iron ore production despite ‘Covid related labour constraints’ February 15, 2022 Mining giant BHP has achieved near record production in iron ore, despite being impacted by poor weather and labour restrictions on operations. In half-year results ended 31 December 2021, the metals and petroleum firm reported it remained “fatality free” at its operated assets for the third consecutive year. It has also reported rebounding profits from [...]
Virgin Atlantic to adopt lower carbon fuel converted from plastic in net zero push February 15, 2022 Virgin Atlantic is set to adopt a new, lower carbon fuel that has been converted from waste plastics as part of a new partnership with chemical conversion technology firm Agilyx. The collaboration spans the Virgin Group, including Virgin Orbit, and aims to tackle both the plastic problem and carbon emissions. “We cannot keep wasting all [...]
Unprecedented: UK petrol prices hit staggering 148p per litre for the first time ever February 14, 2022 The average UK petrol price per litre has surpassed 148p for the first time ever, breaking the record price levels for the third time this year.
Tube journey jumps to £2.50: Sadiq Khan hikes London transport fares by five per cent February 14, 2022 The Mayor of London has announced a price hike for rail and bus services in the capital as part of efforts to save struggling TfL services.
Hormone-treated beef from Canada to flood UK food chain under CPTPP deal, British farmers warn February 14, 2022 Canada is pushing for hormone-treated beef to be made available across the UK once Britain joins the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP). According to the National Farmers Union, the deal would “severely undermine British farmers” and lower the quality of meet sold across the UK. CPTPP – a trade deal among a [...]
Hundreds of bus routes face axe within weeks without emergency funding February 14, 2022 Dozens of bus routes may have to be axed from the end of next month if emergency government funding support is not extended, councils and bus operators are warning. Experts are warning of a 30 per cent reduction in current bus services when current funding support ends. The Local Government Association, ADEPT, Urban Transport Group [...]
Hong Kong hit hardest by global collapse of travel as tough restrictions see 95 per cent drop in visitors February 13, 2022 The global pandemic has hit Hong Kong’s travel sector harder than any other country in the world, as the country’s tough travel restrictions have seen a 95 per cent drop in the number of visitors. The value generated by Hong Kong’s travel sector dropped 75 per cent between 2019 and 2020, analysis from Compare the [...]
Uber CEO: We are absolutely going to accept cryptocurrency payments February 12, 2022 Uber boss Dara Khosrowshahi has revealed the global brand is actively looking at cryptocurrency transactions.
Tesla recalls 580,000 vehicles over boombox feature February 11, 2022 Tesla was forced to recall some 580,000 vehicles after the US National Highway Traffic Safety Administration (NHTSA) flagged an error in the boombox feature. According to the agency, the boombox feature could drown out a safety feature that signals the the presence of an electric car to pedestrians. “While Boombox can enhance the conspicuity of [...]
Exclusive: The City’s hydrogen authority on Jeff Bezos’ first nuclear fusion plant in Britain February 11, 2022 Tower 42-based Gavin Watson, generally considered the City’s go-to lawyer for hydrogen projects, recently advised on the launch of a Jeff Bezos-backed, UK-first nuclear fusion plant, which uses hydrogen as an input. Given the growing investor interest in this gas and Boris Johnson’s claim that he intends for Britain to become the ‘Qatar of hydrogen’, time [...]
