Seven Toshiba Gas Insulated Transformers Enter Operation in Makkah

The Telegraph
BT threatens to cut off broadband rivals over ‘lazy’ engineers
BT has threatened to shut broadband rivals out of its network amid a crackdown on “lazy” engineers failing to fill in crucial forms.
Evening Standard
Investigation after Ryanair Boeing 737 Max plunges 2,000ft in 17 seconds during flight to London Stansted
An investigation was launched after a Boeing 737 Max flown by Ryanair plunged at alarming speed during its final approach to London Stansted Airport, it has emerged.Flight data reveals that on December 4 last year, flight FR1269 dropped more than 2,000ft in a mere 17 seconds.
The Telegraph
Western incompetence is handing aerospace dominance to China
Regulators have concluded Boeing should face criminal charges over safety issues on the 737. It is being sued over a mid-air blowout. And design faults have left a pair of astronauts stranded in space.
Manchester Evening News
UK holidaymakers face more chaos as hotel agent cancels all July bookings
Tour operators say they are trying to source alternatives after the announcement by Youtravel
The Telegraph
The North Sea could be finished under Labour
David Latin is losing his patience. The chairman of Serica Energy has worked in the oil and gas industry for more than 30 years. He once ran a company that drilled in a war zone.
Reuters
India opposition asks Modi government to question Foxconn hiring practices
India's opposition Congress urged Prime Minister Narendra Modi's government on Saturday to question Foxconn about its hiring practices after Reuters reported that the Apple supplier rejects married women from iPhone assembly jobs in the country. The government has sought a detailed report from the state of Tamil Nadu, site of a major iPhone factory where Reuters uncovered Foxconn's hiring practices. The story has sparked debates on TV channels, newspaper editorials and calls from women groups, including within Modi's party, to investigate the matter.
Reuters
Microsoft informs customers that Russian hackers spied on emails
(Reuters) -Russian hackers who broke into Microsoft's systems and spied on staff inboxes earlier this year also stole emails from its customers, the tech giant said on Thursday, around six months after it first disclosed the intrusion. The disclosure underscores the breadth of the breach as Microsoft faces increasing regulatory scrutiny over the security of its software and systems against foreign threats. An allegedly Chinese hacking group that separately breached Microsoft last year stole thousands of U.S. government emails.
The Telegraph
Retail sales plunge in blow for German economy
Retail sales are plunging in Germany in a fresh blow to chancellor Olaf Scholz’s hopes of an economic recovery.
TechCrunch
Remote access giant TeamViewer says Russian spies hacked its corporate network
TeamViewer, the company that makes widely used remote access tools for companies, has confirmed an ongoing cyberattack on its corporate network. In a statement Friday, the company attributed the compromise to government-backed hackers working for Russian intelligence, known as APT29 (and Midnight Blizzard). TeamViewer said that the cyberattack "was contained" to its corporate network and that the company keeps its internal network and customer systems separate.
Business Insider
LVMH boss Bernard Arnault raised his job's retirement age to 80. Warren Buffett told him that age limit was too low.
Warren Buffett, 93, reportedly wrote to Arnault, 75, about the cap. Buffett has long argued that great bosses, like fine wines, get better with age.
Yahoo Finance Video
Supreme Court blocks Purdue Pharma opioid settlement
The Supreme Court has rejected Purdue Pharma's OxyContin settlement proposed by the Sackler family. Despite the settlement sending $6 billion into drug treatment programs and paying victims' families, this would have shielded the Sackler family — and its fortune — from future civil litigation. Yahoo Finance Reporters Alexis Keenan and Anjalee Khemlani join Market Domination to explain the financial complexities of this case and what went into the Supreme Court's ruling For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Luke Carberry Mogan.
Business Insider
A millennial making $350,000 a year through overemployment says he only worked 50 hours a week
A Texas-based millennial who's making $350,000 secretly working two remote jobs says he only worked 50 hours a week.
Business Insider
A self-employed Gen Zer shares why you should have multiple income streams no matter who you work for
Rachel Wells doesn't see herself ever working for an employer again, given the perks of being fully self-employed and trying different income streams.
BuzzFeed
Financial Experts Are Sharing Their Best Advice For Your 20s, 30s, 40s And Beyond
Here's what personal finance experts recommend you do with your money from your 20s to your 80s.
TechCrunch
Feather raises €6M to go Pan-European with its insurance platform for expats
As a foreigner, navigating health insurance systems can often be difficult. German startup Feather thinks it has a solution and raised €6 million to help some of the 40-plus million expats working and living in Europe. It is not that there are no options for foreign nationals to get insurance; there are plenty.
CityAM
Bank of America backs London fintech Simply’s lending to small businesses
Bank of America has thrown its weight behind London-based fintech Simply Asset Finance to support its lending to small businesses.
Benzinga
Warren Buffett Swears By His Junk Food Diet — 'If I'd Been Eating Broccoli And Brussels Sprouts All My Life, I Don't Think I'd Live As Long'
Warren Buffett, renowned for his investment acumen and unabashed love for junk food, once said, "I'm one quarter Coca-Cola." This whimsical declaration was more than just a humorous quip; it underscored his investment philosophy of putting money into what he loves. During the 2015 Berkshire Hathaway annual shareholders meeting, Buffett elaborated on his long-term commitment to sugar-rich companies and addressed the evolving consumer behavior toward sugar consumption. Don't Miss: No generation be
Reuters Videos
Aircraft delivery delays 'brutal' - Lufthansa CEO
STORY: Aircraft delivery issues are having a "brutal" impact on Lufthansa, and won't be resolved before the end of the decade.That's according to CEO Carsten Spohr, speaking at a business press club in Stuttgart late Thursday (June 27).He said the aircraft shortage could be costing Lufthansa some $535 million a year - although he did not provide an exact figure.The German group has ordered 250 new aircraft from Airbus and Boeing to modernize its fleet.Those deliveries are scheduled between this year and 2029, but Spohr said, "no plane arrives on time." He added around 100 of Lufthansa's 750 aircraft were grounded either for maintenance reasons or because they'd been decommissioned.Earlier this week, Airbus lowered its forecast for deliveries this year to around 770 jets from around 800. The announcement came with growing doubts among suppliers over its jet output as Airbus grapples with parts shortages.At rival Boeing, a series of incidents have raised regulatory scrutiny of the U.S. manufacturer.It's added to delays in deliveries that originated during the pandemic.
Reuters
Toblerone still sold in Russia even as Mondelez nixed imports
Russians are still indulging in foreign-made Toblerone chocolate, according to internal sales documents seen by Reuters, showing the difficulty of U.S. manufacturer Mondelez's plan to isolate its business in the country from its global operations. Facing continuing pressure from employees, activists and investors to leave Russia, Mondelez planned to make its business there "standalone with a self-sufficient supply chain" by the end of last year. It told Reuters in February that products in Russia were made and distributed locally, with "no imports of finished goods from Europe into Russia or exports from Russia into Europe."
EADT
Adnams faces shareholder revolt at AGM as anger erupts over its financial performance
Southwold pubs and brewing group Adnams has survived a shareholder revolt at its AGM held at Snape Maltings in east Suffolk this week.

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8 UK holiday home businesses you could buy now

Seven Toshiba Gas Insulated Transformers Enter Operation in Makkah

Latest stories

BT threatens to cut off broadband rivals over ‘lazy’ engineers

Investigation after Ryanair Boeing 737 Max plunges 2,000ft in 17 seconds during flight to London Stansted

Western incompetence is handing aerospace dominance to China

UK holidaymakers face more chaos as hotel agent cancels all July bookings

The North Sea could be finished under Labour

India opposition asks Modi government to question Foxconn hiring practices

Microsoft informs customers that Russian hackers spied on emails

Retail sales plunge in blow for German economy

Remote access giant TeamViewer says Russian spies hacked its corporate network

LVMH boss Bernard Arnault raised his job's retirement age to 80. Warren Buffett told him that age limit was too low.

Supreme Court blocks Purdue Pharma opioid settlement

A millennial making $350,000 a year through overemployment says he only worked 50 hours a week

A self-employed Gen Zer shares why you should have multiple income streams no matter who you work for

Financial Experts Are Sharing Their Best Advice For Your 20s, 30s, 40s And Beyond

Feather raises €6M to go Pan-European with its insurance platform for expats

Bank of America backs London fintech Simply’s lending to small businesses

Warren Buffett Swears By His Junk Food Diet — 'If I'd Been Eating Broccoli And Brussels Sprouts All My Life, I Don't Think I'd Live As Long'

Aircraft delivery delays 'brutal' - Lufthansa CEO

Toblerone still sold in Russia even as Mondelez nixed imports

Adnams faces shareholder revolt at AGM as anger erupts over its financial performance