2, 100 airline staff lost their jobs and 860,000 people have lost their bookings, as Monarch ceases trading. The Civil Aviation authority is sending over 30 planes to return 110, 000 holidaymakers who are stranded overseas because of the airline collapse. Monarch – the UK’s fifth biggest and country’s largest ever to collapse, was placed…
Air France jet engine fails mid-flight with 496 passengers and 24 crew makes an emergency landing at a small Canadian airport. The Airbus A380 flight AF66 from Paris to Los Angeles lost part of an engine over the Atlantic. Surprisingly no one was injured in the incident, but passengers remained on board hours after landing…
Britain has toppled from the top to the bottom of the league of G7 leading economies in the year since the Brexit vote, with official data revealing slower growth than previously thought. The Pound dropped 0.7 per cent against Euro on the back of weaker-than-expected gross domestic products figures. House price too fell for…
According to the Annual Mastercard Global Destinations Cities Index released this week, Lonon and Paris follow Bangkok on top 10 global Index release editions list of 2017. The index is more than a ranking of the 132 top destination cities of today and tomorrow, is based on visitor volume and spend for the 2016 calendar…
Hugh Hefner, Playboy founder has died aged 91, by his family and friends at his home in Los Angeles. Hefner was born on April 9, 1926 in Chicago, Illinois and went on to become a millionaire after founding Playboy, the influential men’s adult magazine in 1953. Hugh Hefner revolutionised publishing and helped user in the…
The billionaire who revolutionised the vacuum cleaner said 400 engineers in Wiltshire had been working since 2015 on the £2.5bn project, Sir James Dyson, the inventor who was knighted in 2007 New Year honours list, is in the race to build tomorrows electric vehicles. ” I decided to start developing electric motors and batteries, as…
Mukesh Dhirubhai Ambani, Reliance Industries, Chairman, Indian business magnate, oil, and gas tycoon, speaking at the first-ever “India Mobile Congress 2017”, in New Delhi, said that the Indian economy has grown unparalleled and in the next years will reach £ 56.2 Trillion), $7 trillion from the current £ 1.86 Trillion $2 and half trillion where…
TfL said Uber was not “ fit and proper” to hold a London private hire operator license on the grounds of “public safety and security implications”. Over 500, 000 names have since been added to Uber’s petition which says “If this decision stands, it will put more than 40, 000 licensed drivers out of work…
“For years as I carved a path in venture capital, I believed that if I did what I’d earlier to succeed at the highest levels of academia and law and business, I could rise there, too. I am the daughter of Chinese immigrants, I’ve always believed in keeping my head down and forging ahead. I…
A 1000-year-old brush washer ceramic dish from Ru Guanyao, the most revered of the five great Kilns used from the Imperial China commissioned during the Song dynasty, is expected to sell for more than £10 million at Sotheby’s sale in Hong Kong, on October 3rd, 2017. “Of the 87 heirloom Ru wares to have survived…