Rolls-Royce CEO Says Pay Rise Is Vital For Workforce Morale

June 21, 2022
As first reported by Sky News, aero-engine group Rolls-Royce is to give a one-off payment of £2,000 to 14,000 of its UK employees to help with the rising cost of living. In addition to the lump sum, Rolls-Royce will also offer a 4% pay rise backdated to March to 11,000 shopfloor workers.  Rolls-Royce, which is […]
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Tesla Sees 212% Increase In Shanghai Vehicle Production

June 9, 2022
In May of this year, Elon Musk's electric vehicle company Tesla sold 32,165 China-produced vehicles, including 22,340 for export. This is according to the China Passenger Car Association.  In contrast, April of this year saw Tesla sell 1,152 vehicles and export none as the company’s Shanghai factory halted work for 22 days from late March […]
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P&O Ferries Loses UK Border Force Contract Following Firing Scandal

May 31, 2022
The Home Office announced that the Border Force agency’s agreement with P&O would now be terminated.  “In response to P&O Ferries’ unacceptable behaviour, Border Force has terminated its agreement with P&O to provide contingency travel services to juxtaposed ports with immediate effect,” a Home Office spokesperson said. Transport secretary Grant Shapps said in a tweet, […]
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Lucid Motors To Launch Luxury EV Sedans Later This Year

May 10, 2022
In a Tuesday statement, the EV company said it will launch a limited number of its Lucid Air Dream Edition P and R sedans for customers in Germany, Switzerland, Norway, and the Netherlands, adding that it would price its Air Dream Edition P/R at approximately €218,000 in Germany. Last week, Lucid said it would increase […]
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World’s First Airport For Flying Cars Opens In The UK

May 5, 2022
Recently, the world’s first-ever airport for flying cars opened its doors. UK-based Urban-Air Port launched Air-One on April 25, which will serve as a hub for electric vertical take-off and landing (eVTOL) vehicles once it’s fully ready for use.  Urban-Air Port will operate Air-One for at least one month in Coventry, helping to develop a […]
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P&O Pushed To Rehire 800 Dismissed Workers

March 28, 2022
Shapps will warn P&O CEO Peter Hebblethwaite that new legislation will require all ferry companies operating from ports to pay their staff at least the minimum wage. Speaking to the Financial Times, an aide said that Shapps “will tell Hebblethwaite that if he doesn’t perform a U-turn, we will force him to do it anyway”. […]
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A Company Is Only As Strong As Its Weakest Supply Chain Link

March 22, 2022
Claire Rychlewski, SVP, EMEA at Kinaxis, explains the importance of businesses having a resilient supply chain. From the clothes we wear to the devices that allow us to watch our favourite content, all the consumer products we use come to us via a supply chain process. As such, businesses rely on efficient supply chain operations […]
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P&O Sacks Entire UK Workforce Over Zoom

March 18, 2022
Top brass of the shipping giant P&O has reportedly made over 800 UK staff redundant over a 13-minute Zoom call, prompting outrage from unions.
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Musk’s Tesla Will Pay Conscripted Ukrainian Employees

March 10, 2022
According to CNBC, Tesla wrote in an email to its European employees: “For any Tesla employee who is a Ukrainian national and has been asked to return to Ukraine for active duty as a reservist, we will maintain their employment and salary for 3 months, with a view to assessing after this period as needed.” […]
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Elon Musk’s Tesla Makes Supercharging EVs Free For Fleeing Ukrainians

March 3, 2022
In an email to Ukrainian Tesla owners published by Electreck, Musk’s EV company announced that it would drop the fee for its supercharging stations in countries directly surrounding Ukraine. Both Tesla and non-Tesla EVs can be charged without cost in Poland, Slovakia, and Hungary.  “We hope that this helps give you the peace of mind […]
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Rolls-Royce Shareholders Take Hit As CEO Steps Down

February 24, 2022
Rolls-Royce’s announcement came as the company returned to profit last year after meeting its restructuring targets a year sooner than anticipated. In 2020, Rolls-Royce saw a $4 billion loss compared to a profit of £124 million in 2021.  Despite today’s crash for Rolls-Royce shares, analysts say the stock has recovered well since October 2020, when […]
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How Business Leaders Can Navigate Supply Chain Disruption In A High-Risk World

February 24, 2022
Andrew Black, supply chain expert and Principal at Efficio, shares his advice on how business leaders can navigate supply chain disruption in a high-risk world. Recent months, and even years, have seen the term “supply chain disruption” ring over and over –with port congestion, freight delays, and raw material shortages continuing to dominate the headlines […]
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