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...A deal would mark a comeback for Horta-Osório, the former Lloyds Banking Group chief executive, who left Credit Suisse last year after losing the board’s support following breaches of coronavirus quarantine...
...The UK group operates in 11 countries, including bus and coach services in Spain, as well as rail services in Germany....
...The Rail Delivery Group, which represents the industry, said: “We are sorry that this round of strikes called by the Aslef leadership risks disrupting journeys . . . we will work with our industry partners...
...The news of the likely fresh disruption on the rail network came as northern leaders formally called on the transport secretary to strip ailing rail operator Avanti West Coast of its recently extended contract...
...The Rail Delivery Group, which speaks for train operators, said drivers had “been made an offer which would take base salaries to nearly £65,000 for a four-day week without overtime”....
...The FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help by Zach St....
...Carmakers that use Baltimore — the US’s largest vehicle import terminal — said they were rerouting trade to other east coast ports in South Carolina, New Jersey and New York, but expected bottlenecks due...
...Accor paid a total of €44mn to buy the Orient Express brand from state-owned French rail operator SNCF as part of a 2017 deal, according to a person familiar with the matter....
...Jack Boyle, a senior executive at ecommerce group Fanatics, which sells Inter Miami jerseys and other sports merchandise, said Messi’s impact on the club would outlast his playing career....
...The Rail Delivery Group, which represents the industry, said the deal meant agreements have been sealed with three out of the four unions on the rail network....
...The FT in late 2020 was the first to report about a Southern District of New York decision in which Judge Kevin Castel ruled that Mohammed Ali Rashid, an Apollo private equity partner, breached his duties...
...Although the port is smaller than those of New York and New Jersey, it is the main east coast entry port for imported cars, according to the Maryland governor’s office....
...Eagle Pass and El Paso account for 36 per cent of rail traffic at the more than a dozen rail crossings along the southern border....
...New Jersey’s utilities regulator approved Ocean Wind 1 in 2019. In that year, 15 per cent of New Jersey residents said they opposed offshore wind projects, according to a poll by Monmouth University....
...The prospect of further widespread disruption for rail passengers comes a day after the country’s other main railway union, the RMT, called off its 18-month dispute after its members backed a new pay deal...
...Mesela Nhlapo, chief executive of the African Rail Industry Association, a business group, said any planned reforms would need a strong regulator to ensure Transnet negotiated future private access in good...
...Among the other groups that announced investments in the state at the government-organised Global Investors Meet on Sunday were South Korean carmaker Hyundai and Indian EV and ride-hailing company Ola....
...The head of South Africa’s state ports and freight rail monopoly has quit after alarm from business and labour groups over a growing crisis in a group that underpins the continent’s most industrialised economy...
...Video game maker Tencent and Lululemon founder Chip Wilson were also part of the acquiring group....
...Love Whelchel now travels to his job in New York from Miami, having moved from New Jersey. He typically spends a fortnight at home and then a week commuting....
...Rail passengers face a new wave of disruption in December after train drivers announced more strikes....
...But Alexander Jan, former chief economist at engineering group Arup and an adviser on rail and property development, said it was an “absurd proposition” for the government to suggest private developers could...
...“We are creating the new classic,” said Sartori — and his eased-up, slouched-out suits seemed just that, destined for money old and new....
...Lipton at the time wondered out loud about blue-chips ditching their Delaware domiciles — where the majority of large, listed American companies choose to incorporate — for the likes of New Jersey and Pennsylvania...
...Downing Street insisted “no decision has been taken” on HS2 but senior Conservatives said Sunak had decided to save billions of pounds by building only the southern leg between London and Birmingham....
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