Business

Cathay Pacific boss Rupert Hogg resigns

Image copyright Getty Images The chief executive of Cathay Pacific has resigned. Rupert Hogg’s resignation comes after he warned staff at the airline on Monday they could be fired if they “support or participate in illegal protests” in Hong Kong, Last week, China ordered the airline to suspend workers who support pro-democracy protests in the […]

Business

Turkish army pension fund to buy British Steel

Image copyright Getty Images Turkey’s military pension fund has reached a tentative deal to buy British Steel out of insolvency. The Turkish Armed Forces Assistance Fund (known as Oyak) says it plans to take over British Steel, which employs 5,000 people, by the end of the year. British Steel owns the Scunthorpe steel works where […]

Business

What has gone wrong with rail franchising?

Image copyright Getty Images The debate over the future of running Britain’s rail network flared up once more this week. While the government tepidly defended its system, unions and passengers united to attack it as prices were hiked again above the government’s own preferred measure of inflation. Even the Department for Transport called the current […]

Business

Do we need to worry about banana blight?

Image copyright Getty Images News broke late last week that a fungal disease that kills Cavendish banana plants has been detected in Latin America for the first time. A strain of the Fusarium fungus, which causes so-called Panama disease in banana plants, was detected in Colombia. The strain, which is very difficult to treat, has […]

Business

Olympics power firm Aggreko challenged to cut carbon

Image copyright AggrekoImage caption Aggreko supplies temporary power power to events such as the Glastonbury music festival The global firm which helps keep the lights on at the Olympics and Glastonbury music festival says it is being challenged by customers to cut carbon. Aggreko, which supplies temporary power generators to high-profile events around the world, […]