Security staff at Heathrow Airport have called off all strikes having voted in favour of a pay deal. Members of the Unite union had been due to walk out nearly every weekend from mid-June until the end of August but paused their planned action on Saturday and Sunday to vote on a new proposal from
Month: June 2023
Siemens Energy shares plunged 31% on Friday morning after the company scrapped its profit forecast. Wolfgang Rattay | Reuters Siemens Energy shares plunged 31% on Friday morning after the company scrapped its profit forecast and warned that costly problems at its wind turbine unit could last years. The company, born from the spinoff of the
A billionaire was offered cut-price tickets to embark on Titan’s ill-fated voyage – but backed out because of scheduling issues. Jay Bloom has shared some of his texts with Stockton Rush, who was on the doomed vessel and founded the company which ran the expedition. Messages from February reveal Mr Bloom’s son was scared to
The Karnataka government has extended an invitation to business magnate Elon Musk to set up businesses in the southern state. Karnataka’s Minister for Commerce and Industries, Infrastructure MB Patil, in a Twitter post, wrote his state Karnataka is the “ideal destination” for Tesla‘s expansion into India. “If Tesla considers setting up a plant in India, Karnataka, with its great potential and capabilities, I must say is The Destination,” he added. “As a progressive state and a thriving hub of innovation and technology, Karnataka stands ready to
Mortgage lenders and Chancellor Jeremy Hunt have agreed that people should be given a 12-month break before repossession proceedings start amid soaring interest rates. After the rise of the base rate to 5%, Mr Hunt met with leaders of financial institutions including Lloyds, NatWest, Barclays and Virgin Money. They agreed that the repossession break should
Sky News political editor Beth Rigby analyses the week’s big stories, including the pressure piling on Prime Minister Rishi Sunak to get inflation under control. Rigby speaks to Sir Elton John’s husband, filmmaker David Furnish – who chairs the musician’s AIDS foundation – about the work the organisation is doing in Ukraine, and the irony
Junior doctors in England will strike for five consecutive days in July, in what is thought to be the longest single period of industrial action in the history of the health service. The British Medical Association (BMA) said the five-day walkout would be between 7am on Thursday 13 July and 7am on Tuesday 18 July.
The Arctic Monkeys will play their headline set at Glastonbury Festival tonight, despite fears that illness would force them to pull out, co-organiser Emily Eavis has confirmed. The Sheffield rock band top Friday’s bill on the prestigious Pyramid Stage, but after cancelling a gig in Dublin earlier this week, fans had been left wondering whether
A former Royal Navy submarine captain has explained the possible reasons for the “catastrophic implosion” suffered by the Titan submersible on its descent to the wreck of the Titanic. All five people on board are now believed to have lost their lives in the catastrophe after debris from the vessel was discovered on Thursday. “The
Average fixed mortgage rates are largely unchanged following the Bank of England’s shock announcement of a 5% base interest rate, according to a financial information company. There has been no change to the average mortgage rate for a two-year fixed deal, Moneyfacts data showed. The rate has remained at 6.19%, the same as the day
The National Aeronautics and Space Administration (NASA) and the Indian Space Research Organisation (ISRO) are developing a strategic framework for human spaceflight operations this year according to senior US Administration officials. This comes amidst Prime Minister Narendra Modi’s first State visit to the US. “In the space sector, we will be able to announce that
Australia’s prime minister has described a Russian diplomat squatting on land near the country’s parliament as “a bloke standing in the cold on a bit of grass in Canberra” who poses “no threat” to security. The apparent stand-off comes after Australia last week passed emergency legislation blocking Russia from building a new embassy on the
South Fork Wind, New York State’s first offshore wind farm, has achieved its “steel in the water” milestone with the installation of the project’s first monopile foundation. South Fork Wind will next install the first US-built offshore substation. Hundreds of US workers and three Northeast ports will support South Fork Wind’s construction through late fall.
Titanic director James Cameron has claimed he knew the Titan submersible had been destroyed less than 24 hours after the vessel lost contact. In an interview with Reuters on Thursday, filmmaker Cameron said he learned of the acoustic findings within a day, and knew what it meant. “I sent emails to everybody I know and
China’s President Xi Jinping (R) met with U.S. Secretary of State Antony Blinken. The U.S. has looked to cut China off from key technologies like advanced semiconductors over the past few years. The two sides likely discussed tech tensions but analysts said not much is likely to change even as the two sides look to
The family of British billionaire Hamish Harding have paid tribute to the “dedicated father” following his death on the Titan submersible. Mr Harding’s family said he “lived his life for his family, his business and for the next adventure”. The Dawood Foundation also released a statement saying it was with great sadness they were announcing
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