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...First-class seats could be scrapped on Britain’s new High Speed 2 train line as officials look for ways to avoid a drop in passenger capacity on the troubled rail link after Rishi Sunak tore up much of the...
...In the same period, imports of tyres grew more than 100 per cent to 47mn units from 23mn units, with roughly 80 per cent coming from China....
...Both intelligence units have steadily expanded their own drone programmes to strike Russian targets on land, sea and in the air since the start of the Kremlin’s full-scale invasion in February 2022....
...But among the European banks still operating in Russia and disclosing staff numbers, Raiffeisen is the only one that has increased local headcount over the same period — by 6.6 per cent to 9,942 employees...
...The preliminary agreement, which includes $6.1bn in direct funding and up to $7.5bn in loans, will come under the 2022 Chips Act....
...There were 16.6 deaths caused by alcohol per 100,000 in 2022, compared with 11.8 in 2019, the Office for National Statistics said on Monday. The figure was the highest since records began in 2001....
...Samsung has been awarded $6.4bn and will build capacity in Texas. TSMC is setting up shop in Arizona. Both will need chipmaking equipment....
...Brett Kavanaugh said presidents were “subject to prosecution for all personal acts just like every other American . . . the question is acts taken in an official capacity”....
...At present, “we probably don’t have enough capacity available” to run all the facilities that will be required globally by 2030, said Sharma, whose unit is working with chipmaker Nvidia to design centres...
...Washington is paying a hefty price for the upgrade, with US$6.6bn in grants and up to $5bn in loans for TSMC....
...Property remained a deadweight during the first quarter, with sales falling 19.4 per cent year on year in terms of area and 27.6 per cent in terms of value....
...The number of people in jail already far exceeds the prison system’s capacity: 31,321 people were incarcerated at the end of 2022, according to the most recent census, 14 per cent higher than its official...
...The estimate was “more or less there”, said a Ukrainian official....
...Power from the plant’s first 1.6 gigawatt unit is now not expected until 2030 under EDF’s latest “base case”. That is three years later than the group previously forecast....
...Ukraine has stepped up drone strikes on oil refineries deep inside Russia, in what officials depict as an intensifying effort to hit the country’s economy....
...In contrast to the portrayal of Nigeria as a “failing state” in the FT (“Nigeria’s kidnapping racket is a symptom of a failing state”, FT View, March 13), the country is experiencing a period of pivotal...
...The company’s shares fell 9.6 per cent in trading on Monday....
...PDD’s shares have gained 70 per cent in the past year. In contrast, Alibaba’s stock is down a quarter despite it having many promising business units, including cloud and logistics....
...Yet the UK engineering group must endure more lengthy approval processes in other countries where it wants to build its nuclear power unit....
...“There’s just no room in our production capacity right now.” The company manufactures factory equipment used to produce EV batteries....
...Capacity for nickel pig iron, which is used to make stainless steel, is projected to expand by up to 15 per cent in three years from the current 1.9mn tonnes, he added....
...Additional reporting by Dylan Loh A version of this article was first published by Nikkei Asia on March 6. ©2024 Nikkei Inc. All rights reserved....
...They added: “Presidential immunity for official capacity crimes would create an untenable dilemma for every member of the military chain of command ordered to execute an order, particularly if officers disagree...
...“I hope you are also aware there are NO limits on the entry of food, water, medicine, or shelter equipment into Gaza, and in fact the crossings have EXCESS capacity,” Levy wrote in a since-deleted post on...
...The dollar weakened 1.1 per cent against a basket of peers while gold added 0.4 per cent to $2,035 per troy ounce. Additional reporting by Stephanie Stacey in London...
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