Author: 5hspx

P&O Ferries owner DP World will now attend the government's investment summit on Monday, despite a row over a minister's criticism of the company.There had been fears they would pull out of the summit – where they were due to announce a £1bn investment – after Transport Secretary Louise Haigh criticized the ferry company and urged consumers to boycott it.The expansion of the company's London Gateway port in Essex is likely to go ahead, although it is unclear whether this will be announced at the summit.Whitehall sources said on Saturday there had been “warm engagements” between senior figures at the…

PA MediaTrain companies admit current ticketing system is complex and government promises reform Despite what the name suggests, an Anytime train ticket doesn't always mean you can take the train at any time – if you use a youth rail card.Engineering graduate Sam Williamson found out earlier this week when a train company told him he faced criminal prosecution for incorrectly using a ticket that cost him £1.90 less than he should have paid.And several other cases are being shared on social media, in which people have been asked by the courts to pay hundreds of dollars for underpaid fares…

PA MediaAll eyes were on outgoing Post Office chief executive Nick Read this week as he spent three days facing the investigation into the Horizon IT scandal.Mr Read replaced former boss Paula Vennels in 2019 and was appointed to “right the wrongs of the past”.The wrongful prosecutions may have stopped, but he still had questions to answer about how much the organization had actually changed when he testified.Mr Read had taken time off from his day job to prepare for the investigation.Unlike her predecessor, Paula Vennells, there were no tears. But there were some key revelations.Here are five things we…

Boeing will cut its workforce by a tenth – cutting 17,000 jobs – and delay production as the aircraft maker resolves issues affecting its entire business.Chief executive Kelly Ortberg said in an email to staff that the jobs of “executives, managers and employees” were all at risk.The company also warned of losses in its arms and military equipment manufacturing arm and pushed back the delivery date of its 777X aircraft.The news comes as the company grapples with growing concerns from staff over the quality of its planes.Mr. Ortberg said in the email that the company would reduce its workforce “over…

A day after the death of India's most globally recognized tycoon Ratan Tata, his half-brother Noel Tata was named the new chairman of Tata Trusts, according to media reports.Tata Trusts is the philanthropic arm of the company which owns a 66% majority stake in Tata Sons, one of India's largest business groups, with annual revenues in excess of $100 billion (£76.5 billion). sterling).Noel Tata, 76, is the son of Naval Tata, who was also the father of Ratan, and Simone Tata.He sits on the boards of many Tata companies, including Tata Trusts, and will now take the helm of its…

BBCNihon Hidankyo, a group of Japanese atomic bomb survivors, has won the 2024 Nobel Peace Prize.The organization made up of survivors of the bombings of Hiroshima and Nagasaki, founded in 1956, was recognized by the Norwegian Nobel committee for its efforts to rid the world of nuclear weapons.Nobel committee chairman Joergen Watne Frydnes said the group had “contributed greatly to the establishment of the nuclear taboo”.Mr Frydnes warned the “nuclear taboo” was now “under pressure” – and welcomed the group’s use of testimonies to ensure nuclear weapons are never used again.The Norwegian Nobel Institute said 286 candidates had been nominated…

Gunmen killed at least 20 people at a coal mine in Pakistan's southwestern province of Balochistan, according to local police.The attackers stormed the homes of Junaid Coal Company mine workers in the province's Duki district early Friday morning, gathered the men together and opened fire.A hospital in Duki received 20 bodies and is treating six injured, Reuters reported.The workers were attacked with heavy weapons, including rockets and grenades, according to police.The attackers also set fire to the mine's machinery.Police confirmed that four of the victims were Afghans, while the other men were from Pashtun-speaking areas of Balochistan.Businesses closed their doors…

Chinese police have arrested four employees of Taiwanese iPhone maker Foxconn in circumstances that Taipei called “strange.”The employees were arrested in Zhengzhou, Henan province, for “breach of trust”, Taiwan's Mainland Affairs Council said in a statement.The BBC has contacted Foxconn for comment.The company is the largest maker of iPhones for US tech giant Apple and one of the world's largest employers, with major manufacturing facilities in China.Taiwanese authorities have suggested that the detentions could be a case of “abuse of power” by Chinese police officers.And said that this affair undermines the confidence of companies operating in China.In October last year,…

The government is investigating 37 UK-linked companies for potentially breaching Russian oil sanctions – but no fines have been issued so far, the BBC can reveal.Financial sanctions against Russia were introduced by the United Kingdom and other Western countries following the 2022 invasion of Ukraine.Conservative shadow foreign minister Dame Harriett Baldwin said the sanctions were aimed at “cutting off the sources of funding for the Russian war machine” and “bringing an early end to this illegal invasion”.But critics said they were ineffective after the latest figures showed Russia's economy was growing.Treasury said it would take action where appropriate, but pointed…

Apple What if someone told you that mermaids really existed?Forget fishtails, we're talking about women who can hold their breath for minutes while diving under the sea several hundred times a day.They are South Korea's haenyeo divers, a community of women on Jeju Island who have been freediving (without oxygen) to harvest seafood for centuries.Today, when most of them are between 60, 70 and 80 years old, their traditions and way of life are in danger, as fewer and fewer young women enter the profession and the ocean risks to become unrecognizable.It was these facts that inspired Korean-American filmmaker Sue…