Tag Archives: business

Hundreds of oil rig workers have been left stranded after helicopter pilots responsible for transporting offshore staff to and from dozens of locations in the North Sea went on strike. The two-day walkout by pilots at Bristow Helicopters, which began at midnight on Monday, will disrupt more than 80 scheduled …

The company’s autonomous drones, which take off and land like an aeroplane, have a 10-metre wingspan and can carry up to 100 kilograms for 1,000km. They would be more likely to be used for bulk deliveries to delivery hubs, rather than dropping letters and parcels at doors. It has secured …

Yet if it had so little impact, why did both Switzerland and Japan, which were subjected to the same external shocks but did not see anything like the same degree of money growth, have a less severe inflationary experience? In any case, the Bank of England’s latest Monetary Policy Report …

It signed agreements in principle with the likes of Royal Mail and Travis Perkins to supply its flagship 7.5-tonne electric trucks, which were set to … Source link

Mr Kretinsky’s Royal Mail bid was rejected but he is expected to return with an improved offer. His involvement in Atos is understood to be entirely separate from his interest in Royal Mail. However, both approaches are sure to draw intense government scrutiny. The French state has pledged to contribute …

A Goldman insider says one of the “big reasons” to go ahead with the removal of the bonus cap was to compete with other financial centres better. Richard Gnodde, Goldman’s international chief, said years ago that removing the bonus cap would “put the UK on the same footing, aside from …

The Czech billionaire vying to buy Royal Mail has pledged not to cut any jobs if his takeover bid is successful. Daniel Kretinsky, known as the “Czech sphinx”, has made private assurances that there will be no compulsory redundancies as a result of his swoop on the 500-year-old postal service. …

The audit firm used by Donald Trump’s social media company has been shut down by US regulators after being accused of running a “sham audit mill”. The Securities and Exchange Commission (SEC) charged BF Borgers and its owner Benjamin Borgers with what it called a “massive fraud”. It said that …

The NHS is to use Google’s autonomous drones to fly blood samples between London hospitals in an effort to speed up medical tests. Wing, the drone operator owned by Google’s parent company Alphabet, has been chosen to deliver high-priority samples between Guy’s and St Thomas’ hospitals in south London. The …

The consultation is expected to include questions about a potential ban on the sale of phones to under-16s and the need for parental approval when teenagers download social media apps such as Facebook and Instagram. However, other more stringent proposals that were expected to feature in the consultation are now …