Emirates suspends US flights over 5G concerns January 18, 2022 UAE carrier Emirates has announced it will suspend flights to US destinations such as Boston, Chicago and San Francisco over 5G concerns. The airline said the decision was “due to operational concerns associated with the planned deployment of 5G mobile network services in the US,” adding that it was working to “alleviate operational concerns,” hoping [...]
Tesla shareholders call on judge to make Musk repay $13bn for SolarCity deal January 18, 2022 Tesla shareholders have called on a judge to make Tesla’s chief executive Elon Musk repay $13bn for the 2016 acquisition of solar panel company SolarCity. The claimants argued that Musk, SolarCity’s 22 per cent shareholder, strong-armed Tesla’s board to buy the cash-stripped company founded by his cousins Peter and Lyndon Rive, Reuters reported. As a [...]
Biden in talks with aviation over 5G issues January 18, 2022 US President Joe Biden is reportedly in talks with aviation and industry stakeholders over 5G issues, after US airlines warned the roll out could have “a devastating impact” on the sector. In an attempt to smooth things, US network operator Verizon has agreed to limit 5G deployment around airports, Reuters reported. The White House reportedly [...]
Motor Fuel Group’s owner kicks off £5bn selling plans January 18, 2022 Motor Fuel Group’s (MFG) owner Clayton Dubilier & Rice (CD&R) has kicked off plans to sell the UK’s biggest independent forecourts operator, Sky News first reported. The private equity firm CD&R has invited this week investment banks to bid for a mandate to sell the company, which could be valued at £5bn. The forecourts operator’s [...]
Volkswagen and Bosch set up venture to make EU’s battery production self-sufficient January 18, 2022 Volkswagen and Bosch have joined forces and will set up a venture by the year’s end to make Europe’s battery production self-sufficient. The new company will provide integrated battery production systems, on-site ramp up and maintenance support, serving Volkswagen’s factories as well as plants across Europe. “Europe has the unique chance to become a global [...]
UK backs Kenya railway hub as part of $1bn investment plan January 18, 2022 The UK is backing the development of a railway hub in Kenya’s capital Nairobi as part of a five-year investment plan worth $1bn. Under the partnership, Epsom-based engineering firm Atkin Global will design an eight-platform central rail station and public space, alongside 425 acres of commercial and residential developments, Reuters reported. In its initial phase, [...]
Shipment delays for China to Europe routes soar as Omicron disruption anticipated to continue January 18, 2022 Shipment delays on China to Europe routes skyrocketed last year, with concerns that supply chain challenges could continue well into 2022. Data from supply chain visibility platform project44 found that delays on these key routes increased to 1.65 days in 2021, up 172 per cent compared to 2020. What’s more, the average 2021 shipment delays [...]
Half of UK motorists plan to buy a car in 2022 January 18, 2022 Around 49 per cent of UK motorists plan to buy a car this year, according to research from Close Brothers Motor Finance (CBMF). A third of car owners have stated they will go for a new model, while 18 per cent have said they will buy second-hand. As a result of the pandemic, UK adults [...]
Mayor Sadiq Khan declares war on London’s car drivers as he plans to charge motorists by the mile January 18, 2022 Mayor Sadiq Khan has said London needs to charge motorists by the mile to hit climate change targets. Khan wants road pricing to be implemented to encourage people who drive petrol or diesel cars in the capital to switch to public transport, walking, cycling or electric vehicles “where necessary”. The Labour mayor said he is [...]
Plenty of life left in Andy Murray as he flies past Nikoloz Basilashvili in five sets at Australian Open January 18, 2022 Andy Murray has defeated Nikoloz Basilashvili in five sets to reach the second round of the Australian Open. The victory showed there is plenty of life in Murray yet as he returned to the court where he was virtually retired three years ago and The great and the good of tennis were hastily gathered together [...]
