Going west: Wizz Air applies for US cargo licence February 15, 2022 Low-cost carrier Wizz Air is reportedly planning an expansions towards west, as it has applied for a transatlantic licence. The Budapest-based airline has applied to the US Government for an “initial foreign air carrier permit” to carry out cargo operations between Hungary and Washington. The news comes as the company’s chief executive Jozsef Varadi is [...]
Tory MP Nigel Adams pushed for biomass subsidies while receiving £62,000 in donations from industry February 15, 2022 It has been reported that one of the strongest biomass supporters in parliament, Nigel Adams MP, received more than £60k in donations from the industry while lobbying the government to provide biomass companies with subsidies. Adams reportedly accepted £62,411 in donations between 2012 and 2016, including more than £30,000 to attend a number of conferences [...]
Hong Kong hit by surging cases as city looks to sue airline for flying in Omicron February 15, 2022 A surge in Covid-19 cases is overwhelming Hong Kong’s emergency resources, despite the city’s infamously strict measures. Beijing has offered help to the financial hub, Hong Kong leader Carrie Lam said today. The city has maintained central government’s ‘zero-Covid’ stance on the virus, which has seen mass testing, quarantines and local lockdowns in the face [...]
John Menzies dubs offer from Kuwait suitor as ‘fundamentally undervaluing’ firm February 15, 2022 Aviation services firm John Menzies has dubbed a rejected offer from NAS Holding as “opportunistic”. In an update on the London Stock Exchange on Tuesday, the firm said the offer made by NAS Holding, a subsidiary of Agility, was “opportunistic [and] conditional” with terms that “fundamentally undervalue Menzies and its future prospects.” A cash proposal [...]
Brazil’s Jair Bolsonaro gives green light for extensive gold mining in Amazon rainforest February 15, 2022 The president of Brazil, Jair Bolsonaro, announced last night his government has launched plans to allow a significant expansion of gold mining activities in the Amazon rainforest. The decision was condemned and criticised by environmentalists around the world amid warnings more mining could further damage the Amazon, namely by deforestation and pollution. Bolsonaro signed a [...]
Miner BHP hits near record iron ore production despite ‘Covid related labour constraints’ February 15, 2022 Mining giant BHP has achieved near record production in iron ore, despite being impacted by poor weather and labour restrictions on operations. In half-year results ended 31 December 2021, the metals and petroleum firm reported it remained “fatality free” at its operated assets for the third consecutive year. It has also reported rebounding profits from [...]
Virgin Atlantic to adopt lower carbon fuel converted from plastic in net zero push February 15, 2022 Virgin Atlantic is set to adopt a new, lower carbon fuel that has been converted from waste plastics as part of a new partnership with chemical conversion technology firm Agilyx. The collaboration spans the Virgin Group, including Virgin Orbit, and aims to tackle both the plastic problem and carbon emissions. “We cannot keep wasting all [...]
Unprecedented: UK petrol prices hit staggering 148p per litre for the first time ever February 14, 2022 The average UK petrol price per litre has surpassed 148p for the first time ever, breaking the record price levels for the third time this year.
Tube journey jumps to £2.50: Sadiq Khan hikes London transport fares by five per cent February 14, 2022 The Mayor of London has announced a price hike for rail and bus services in the capital as part of efforts to save struggling TfL services.
Hormone-treated beef from Canada to flood UK food chain under CPTPP deal, British farmers warn February 14, 2022 Canada is pushing for hormone-treated beef to be made available across the UK once Britain joins the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP). According to the National Farmers Union, the deal would “severely undermine British farmers” and lower the quality of meet sold across the UK. CPTPP – a trade deal among a [...]