Tesla CEO Elon Musk has given an ultimatum to staff to return to the office full-time declaring that working remotely is no longer acceptable. People who are unwilling to abide by the new rules can “pretend to work somewhere else” Mr. Musk said on Twitter when asked about the policy. Everyone at Tesla is…
Category: Business
Chinese-owned TikTok video-sharing app platform is the new “digital media partner” of the Hay Festival on the Welsh Borders, which returned with a flourish for its first full “in-person” gathering out of the pandemic since 2019. The festival had respectful mac-clad enthusiasts, with an eclectic range of events from snatches of Bach to Bad Sex…
IMG_9907 T Pictures: Rajiv Nair The iconic fourth popular tourist destination in London’s, Camden Market, attracting over 250,000 people each week, is a 16-acre patchwork of more than 1, 000 stalls, bars, shops, and cafes associated with counter-cultural movements from punks to hippies, in north London that has been put up for sale which could…
Johnny Depp (58) wins $15m, in his libel case over an article in which his ex-wife said she was a victim of abuse, and Heard wins $2m after jurors find Deep defamed her via his lawyer. The Jury awarded Depp $10m ( £8m) in compensatory damages and $5m in punitive damages. The jury found that…
Elliot Management has agreed to sell AC Milan to Redbird Capital, the former Goldman Sachs banker, for €1.2bn deal that ends a four-year foray into the business of sport. Under the deal, Elliot will retain a minority stake in AC Milan and is likely to keep a board seat. The deal also underlines US investors’…
Sports Direct owner Fraser Group buys Missguided after collapse according to CEO Michael Murray, the group also owns House of Fraser and Sports Direct for £20million. The firm has around 330 staff appointed administrators on Monday after it suffered from supply chain problems rising freight costs and increased competition from rivals. Suppliers had accused…
Chelsea’s £4.25bn sales to a consortium led by American investor Todd Boehly and Private Equity firm Clearlake Capital have been completed after the consortium fought off 11 serious rivals to become the new owners in a sale process that started on 2 March and comprised more than 250 enquiries. The Club was put up for…
In Kerala ( India) the £63m K-Rail project, a high-speed rail linking the state end to end. A four feet tall marijuana ( Cannabis) plant was found growing on government land near Palarivatton next to a pillar supporting the elevated rail of Kochi Metro, which was duly chopped down. Cannabis has been used in the…
English Heritage has over 400 historic monuments including buildings, places from world-famous prehistoric sites to grand medieval castles and Roman forts but not British concrete buildings that seek to rehabilitate as much-maligned architectural style. Concrete is coming back to fashion, as Denys Lasdun’s National Theatre was voted Britain’s most-hated building. Architect and historian at…
The £18.8bn, much-delayed and hugely over-budget Crossrail project, Elizabeth line, which was meant to start running in December 2018, finally opens to passengers today. The Elizabeth Line links Reading and Essex via central London as passengers can today use the Abbey Wood to Paddington section, with journey times between the two cut by almost half.…