Author: 5hspx
PicrylShapurji Saklatvala was the nephew of Jamsetji Nusserwanji Tata, founder of the Tata group.The name Shapurji Saklatvala may not be one that jumps out of the history books for most people. But like any good story from the past, the son of a cotton merchant, a member of India's extremely wealthy Tata clan, has quite a story.At every moment, it seems his life was one of constant struggle, challenge and perseverance. He shared neither his wealthy cousins' last name nor their fate.Unlike them, he would not run the Tata Group, which is currently one of the world's largest business empires…
Ministers are exploring plans to hand ownership of the Post Office to thousands of sub-postmasters across the UK, sources have told the BBC.The proposal is in its early stages and is one of several under consideration.The Department of Business and Commerce has asked management consultancy BCG to explore a possible ownership model, as first reported by Sky News.The Commerce Secretary expects to receive a report in the coming months, a government source said.Deputy Postmasters are responsible for the day-to-day management of more than 11,500 post offices across the UK.In July, former business secretary Sir Vince Cable told the Post Office…
Boeing has offered striking machinists a 35 percent pay increase over four years as part of a new contract proposal it hopes will end a month-long strike. About 33,000 union workers, mostly in Seattle, will vote Wednesday on whether to accept the aviation giant's offer.They have been on strike since September 14, stopping production of the 737 MAX and the company's 767 and 777 planes. The company's financial results have been hit so hard that it announced earlier this week that it was seeking an additional $35 billion in financing. The company also said it would have to lay off…
ReutersPeople complain about poor treatment from Revolut after being cheated out of money deposited with e-money company “I never imagined that I would be scammed,” says Dr. Ravi Kumar.“But here I am, a 53-year-old NHS consultant in intensive care medicine and anesthesia, deeply affected.”He lost £39,000 in May when scammers tricked him into transferring money to his Revolut account and giving them access.He had saved money for his teenagers.“I was very depressed,” he adds. “My children are too young to share this grief.”Dr Kumar is one of around 100 people who told the BBC they felt badly treated by Revolut…
Announcing a continued freeze on income tax thresholds beyond 2028 in the next Budget would not be a breach of Labour's election platform promise, government sources have insisted.Ahead of the June general election, leader Sir Keir Starmer and future chancellor Rachel Reeves have pledged “not to raise taxes on working people”.But a freeze on the threshold could allow the chancellor to raise around £7bn by bringing more people into the tax system.Reeves is currently trying to find £40 billion through a mix of savings and tax rises which she will announce in the new government's first budget on Wednesday October…
Mohar Singh MeenaRoop Kanwar was burned alive on her husband's funeral pyreThe case made headlines around the world and sparked widespread condemnation.A teenage widow was burned on her husband's funeral pyre according to the Hindu practice of sati 37 years ago.Today, Roop Kanwar's story is once again making headlines in India after a court acquitted eight men accused of glorifying his death, in the last of the remaining cases in this grisly saga.Sati was first banned in 1829 by British colonial rulers, but the practice continued even after India's independence in 1947. Kanwar is recognized as India's last sati.Outrage over…
Getty ImagesThe Seraphim (left-right): Yunjin, Kazuha, Chae-won, Sakura and EunchaeHong Eunchae, the youngest member of K-Pop group Le Sserafim, is strutting her stuff in Seoul's infamous Nakwon Instrument Arcade when she suddenly loses her footing.With a crash, her drink flies into the air and the 17-year-old falls headfirst down a metal staircase, landing with a sickening thud on the subway floor.There is a pause. Then she stands up, shrugging her shoulders, completely unharmed, as if this is how she usually takes the stairs.Instantly memorable, the scene appears in the trailer for Sserafim's third EP, Easy, released earlier this year. But…
PennsylvaniaWind and solar farms ready for construction would be allowed to skip the queue to be connected to the UK's electricity system, under the Government's plans.All energy projects that require connection to the national grid are currently in a single queue which operates on a “first come, first served” basis.Some projects face wait times that stretch into the next decade to be connected.The government wants to accelerate projects that will help it meet its target of decarbonising the UK's electricity generation by 2030.Some industry sources say it would be a welcome move, but others warn there is a “real risk”…
Boohoo is considering a major restructuring that could see the struggling online fashion company sell off its brands including Debenhams, Karen Millen and PrettyLittleThing.The company said it was reviewing its options after concluding that its business remained “fundamentally undervalued.”While Boohoo benefited from the rise in online shopping during the pandemic, it then struggled against companies like China's Shein and Temu.Analysts said Boohoo was likely to focus on offloading Debenhams and Karen Millen to allow it to focus on a younger target market.“The kickoff has been given for the dissolution of Boohoo,” said Russ Mould, investment director at AJ Bell.“Selling Karen…
South Korea's intelligence agency says North Korea is set to send up to 12,000 troops to fight alongside Russia in Ukraine, which Seoul has described as a 'serious security threat' “.Ukrainian President Volodymyr Zelensky earlier said that 10,000 North Korean troops could join the war, based on intelligence information.South Korean President Yoon Suk Yeol called for a security meeting on Friday and said the international community must respond with “all available means.”This comes as evidence mounts that North Korea is supplying munitions to Russia, as recently demonstrated by the recovery of a missile in Ukraine's Poltava region.Moscow and Pyongyang have…