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Madeleine the boring machine poised to build HS2 tunnel in London
Posted onA giant 1,600-tonne machine called Madeleine that will bore a tunnel taking HS2 trains into central London has been switched on. Named after Madeleine Nobbs, the former president of the Women’s Engineering Society, the 190m-long contraption will create a 4.5 mile link connecting Old Oak Common in west London to a proposed expanded station at…
US beef prices are soaring. Will Trump’s plans lower them?
Posted onDanielle KayeBusiness reporter Mike Callicrate Mike Callicrate, a cattle rancher who has built a direct-to-consumer operation, at his farm in St Francis, Kansas. Beef prices have gotten so high in the US that it has become a political problem. Even Donald Trump, who long ago declared inflation “dead”, is talking about it, as the issue…
Tesla plans to pay Musk $1tn – do they really need him that much?
Posted onLucy HookerBusiness reporter Getty Images A great leader is a huge asset for company, of course, but can anyone be worth $1 trillion? That is the pay packet Tesla shareholders have approved for Elon Musk, as long as he meets the targets they have set over the next 10 years. In the meantime he won’t…
EU to suspend approval of US tariffs deal
Posted onThe European Parliament is planning to suspend approval of the US tariffs deal agreed in July, according to sources close to its international trade committee. The suspension is set to be announced in Strasbourg, France on Wednesday. The move would mark another escalation in tensions between the US and Europe, as Donald Trump ratchets up…
