Thursday, 16 Jan 2025

Business

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Flybe reassures passengers all flights are safe after rival airline collapses

Budget airline Flybe has reassured customers that flights are unaffected after rival operator Flybmi filed for administration on Friday, citing Brexit uncertainty. Flybe, which operates services in and out of Southampton confirmed it’s not collapsed – and flights will continue as normal across the UK. It comes after Flybmi, which operated 17 regional aircrafts to 25 […]

New rail fares system will scrap split ticketing for good

Proposals for a sweeping overhaul of rail ticketing in Britain aim to stop passengers having to buy split tickets to get the cheapest fares for some journeys. Industry body the Rail Delivery Group (RDG) has published a series of measures to simplify the fares system. The Easier Fares For All plan represents the industry’s first […]

New Zealand will conduct own assessment of Huawei equipment risk: PM

WELLINGTON (Reuters) – New Zealand will independently assess the risk of using China’s Huawei Technologies in 5G networks, Prime Minister Jacinda Ardern said on Monday after a report suggested that British precautions could be used by other nations. Huawei, the world’s biggest producer of telecoms equipment, faces intense scrutiny in the West over its relationship […]

Railway heritage helps put Horgan's Quay on track in €160m city build

Ireland’s rich railway heritage is at the centre of an ambitious €160m development hailed as a milestone in urban industrial conservation. The Horgan’s Quay development in Cork by Clarendon and BAM has been described as a “game changer” for the manner in which it restored and integrated railway buildings dating from the 1850s into a […]

Singaporeans loving the luxury homes foreigners can't buy

SINGAPORE (BLOOMBERG) – Some of Singapore’s most desirable houses come with a catch: only locals can own them. That foreign buyers – notably from China – who for years helped drive demand for luxury homes, can’t buy these dwellings, hasn’t dented their appeal. Their scarcity and the exclusivity they confer have pushed prices of the […]

Alabama jury awards $152 million in Ford Explorer rollover case

NEW YORK (Reuters) – An Alabama jury awarded $151.8 million to a young man paralyzed in 2015 rollover accident involving a Ford Explorer sport utility vehicle, Ford and lawyers in the case said on Sunday. The jury awarded $100 million in punitive damages and the rest in compensatory damages after finding on Friday that the […]

Brexit paralysis and uncertainty puts deal scene under pressure

Uncertainty has been a word Irish businesses have become all too familiar with since June 2016, when the UK voted to leave the European Union. Pinning down any hard figures on the potential impact of Brexit on Irish companies has been close to impossible, aside from those companies already hit by currency fluctuations. However, a […]

Canadian minerals explorer Alba prepares to begin drilling in Limerick

Vancouver-based minerals explorer Alba expects to begin drilling at its Limerick base metal project in April or May of this year, it has told shareholders. The Canadian company said in a shareholder update that it had lodged an application for a water discharge permit ahead of its proposed drilling campaign. Alba has been informed that […]

Huge markups to the price of snacks as "station rip off" revealed in full

High street giants have been accused of ripping off train ­travellers with runaway prices at their booming station shops. Chains including WH Smith, M&S and Greggs charge up to three times as much for chocolate, sweets and drinks as in other branches of the same firms. As families hit the railways for half-term days out, […]