(Bloomberg) — London Heathrow Airport plans to invest £10 billion ($13.6 billion) over the next five years to upgrade its terminals and services after the dominant UK hub slipped in global airport rankings. Heathrow submitted an investment plan for review to the UK’s Civil Aviation Authority that involves redesigning terminals, improving punctuality through AI tools … Read more
Anil Ambani’s Reliance Infra sets eyes on global aerospace with a ₹10,000-cr purse and India’s first commercial aircraft ₹10,000-crore bet on aerospace and global tie-ups. It’s also aiming to get India’s first homegrown commercial jet flying by 2028.”/> Source link
When an $80,000 tariff bill landed on her desk in May, Haley Pavone did what many small business owners might do: she froze hiring and added an online checkout fee to help cover the cost. Pavone, founder of California-based Pashion Footwear, which imports shoes from China, hasn’t moved production out of the country. Not because … Read more
Nvidia Corp. Chief Executive Officer Jensen Huang is meeting with US President Donald Trump at the White House on Thursday, days before a planned trip to China by the head of the world’s most valuable chipmaker, according to people familiar with the matter. Details of what the two men would discuss weren’t immediately available, and … Read more
FMCG giant Hindustan Unilever Limited (HUL) on Thursday announced that Priya Nair will be appointed as Chief Executive Officer and Managing Director from August 1, 2025, onwards, succeeding Rohit Jawa. She will also join the HUL Board, subject to necessary approvals, and continue to be a member of the Unilever Leadership Executive, the company said … Read more
New Delhi: In a surprise move, Hindustan Unilever Ltd (HUL) on Thursday announced the appointment of Priya Nair as chief executive officer and managing director of the company. Nair is currently president, beauty & wellbeing, Unilever. Nair, whose appointment comes into effect from 1 August, succeeds Rohit Jawa, who spent two years as HUL’s CEO … Read more
New Delhi, Jul 10 (PTI) The International Road Federation (IRF) on Thursday expressed concern over the collapse of a section of the Gambhira bridge in Gujarat, resulting in the loss of lives. The Geneva-based global road safety body stressed the need for regular monitoring and maintenance of bridges and other vital infrastructure in the country. … Read more
Swiss private equity firm Partners Group is set to acquire a majority stake in shadow lender Infinity Fincorp for ₹1,950 crore ($230 million), the companies said on Thursday. The transaction includes a primary capital infusion of ₹600 crore ($70 million) and a secondary purchase of shares from existing shareholders, including Indium IV (Mauritius) Holdings, a … Read more
Linda Yaccarino stepped down as CEO of X on Thursday, marking the latest exit for top officials from businesses owned by Elon Musk amid increasing chaos in the billionaire’s political and professional lives. In a post on X, Yaccarino thanked Elon Musk for “transforming X into the Everything App”. “After two incredible years, I’ve decided … Read more
Tiger Global-backed unicorn Moglix, which supplies industrial tools and equipment, now delivers more than 10,000 stock-keeping units (SKU) by the next day, within a few months of rolling out quicker deliveries. This is in contrast to its previous timeline of 96 hours prior to August 2024, according to its founder and chief executive Rahul Garg. … Read more
