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Rolls-Royce and EasyJet complete world-first hydrogen engine test
Rolls-Royce and EasyJet have teamed up to complete the world’s first test of a hydrogen-powered modern engine. The engineering giant and low cost operator carried out the test at the MoD’s Boscombe Down facility in Wiltshire, using a converted Rolls-Royce AE 2100-A turboprop aircraft engine. The hydrogen used was created using 100 per cent wind …
Business
Evening Standard
FTSE 100 Live 28 November: London shares fall as global investors track China protests
London’s FTSE 100 fell initial trade, as investors across global markets track the spread of popular protests against the Beijing government’s strict anti-Covid lockdown measures. Michael Hewson, chief market analyst at CMC Markets, the spread better, said the mood in dealing rooms “is being tempered this morning by civil unrest in China over fresh anti-covid …
Business
Sky News
Barclays boss Venkat diagnosed with cancer
The chief executive of Barclays has been diagnosed with cancer, the bank has said.Coimbatore Sundararajan Venkatakrishnan, known as Venkat within the bank, is to undergo treatment for non-Hodgkin lymphoma in New York. That was expected to last between 12 and 16 weeks, during which time he will work at home for some periods.Mr Venkatakrishnan, 56, …
Business
Business Live
Cardiff office building closing in on full occupancy
An office building in the centre of Cardiff is closing in on full occupancy following a £1m makeover. Just one office suite now remains vacant at the Wharton Place office building. Its owner, Arasam, has invested to retain the character of the original building while delivering new office space, entrance lobby, a remodelled full height …
Business
Evening Standard
Oil price tumbles on recession talk, Shell and BP shares follow
BACK in March supposed energy market guru Pierre Andurand had a stark warning on oil prices— they could double to $250 a barrel as the chaos from the Ukraine war spiralled.The hedge funder told investors: “Wakey, wakey. We are not going back to normal business in a few months.”This morning Mr Andurand was splashing cold …
Business
Evening Standard
Oil price tumbles on recession talk, Shell and BP shares follow
BACK in March supposed energy market guru Pierre Andurand had a stark warning on oil prices— they could double to $250 a barrel as the chaos from the Ukraine war spiralled.The hedge funder told investors: “Wakey, wakey. We are not going back to normal business in a few months.”This morning Mr Andurand was splashing cold …
Business
Evening Standard
Inchcape finance boss steps down after ‘incident’ where behaviour ‘fell short’
Car dealership Inchcape said its finance boss has stepped down after his personal behaviour “fell short” at a recent event.The business did not elaborate on what happened, but said that Gijsbert de Zoeten voluntarily resigned as chief financial officer.He has been with the business since August 2019, having held the same job at Dutch fleet …
Press Release
Pressat
Eurovision’s 2017 Winner, Salvador Sobral, Announces Upcoming UK Tour
Singer and performer Salvador Sobral will perform in Manchester and London as part of a short tour sure to delight British fans in December 2022. London – Salvador Sobral, the winner of Eurovision 2017 in Ukraine, will perform at two concerts as part of his upcoming UK tour. The singer, who won the competition for …
Business
Business Live
Shares surge in drug discovery company after $402m AstraZeneca deal announced
A Manchester-based drug discovery company has signed an exclusive worldwide licensing agreement with AstraZeneca worth up to $402m. After the deal was announced, shares in AIM-listed C4X Discovery Holdings plc jumped by almost 40% to their highest since May. AstraZeneca will develop and commercialise an oral therapy for the treatment of inflammatory and respiratory diseases …
Business
Sky News
Homeowners forced to sell for 3% below asking price, Zoopla warns
Homes have been typically selling for 3% below their asking price in recent weeks and the figure will likely deteriorate next year, a property website has warned.Zoopla said that discounts had been absent from the market during 2021 and the first half of this year but the tougher economy was now taking a toll on …
Press Release
Pressat
Double your donation to Our Sansar in Big Give’s Christmas Challenge 2022 starting on Giving Tuesday
Our Sansar are taking part in the Christmas Challenge to raise £15,000 in just 1 week starting on the 29th November, the Giving Tuesday! These funds will be used for our End to Child Labour Project in Nepal that was reported on by Sahar Zand in the VICE World News documentary.We support children like 11 …
Business
Evening Standard
Superdry confirms talks with hedge-fund backed lender to secure future
Superdry has confirmed it is in talks with a US hedge fund as the business faces an uncertain future if it cannot secure a new lender.The clothing retailer said last month that there was a “material uncertainty” over the future of its business as a £70 million loan facility is set to expire in January.On …

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