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Nigeria-Morocco Atlantic Gas Pipeline: African nations sign off $25bn mega plan
Posted onOne of Africa’s most ambitious energy infrastructure projects has finally been signed off at the highest level, with West African leaders formally endorsing the long-awaited Nigeria-Morocco Atlantic Gas Pipeline. “Don’t be surprised when the gas comes your way,” quipped Julius Maada Bio, Sierra Leone’s president and the current head of West Africa regional bloc Ecowas,…
Denmark loses £1.4bn tax fraud claim in UK court case
Posted onTheo LeggettInternational business correspondent and Michael Sheils McNameeBusiness reporter Getty Images Sanjay Shah was imprisoned in Denmark in a separate criminal trial last year Denmark’s tax authority has lost a £1.4bn fraud case at the High Court in London in one of the highest value civil cases ever heard in the UK. Skatteforvaltningen, known as…
Northamptonshire warm spaces open to combat unaffordable bills
Posted onPA Media Many people will be having to limit how much heating they use in their homes this winter, said North Northamptonshire Council People in a county are being encouraged to use warm spaces over winter if they need to, with many continuing to face “unaffordable” heating bills, a council said. More than 170 venues…
UK drug price rises ‘necessary’, says Lord Patrick Vallance
Posted onThe price the NHS pays for medicines will need to rise to stop a wave of pharmaceutical investment leaving the UK, science minister Patrick Vallance has said. His comments follow several recent announcements from some of the world’s largest drug companies either pausing or scrapping UK projects. Critics in the sector say low prices for…
Can Japan get more female business leaders?
Posted onPhoebe AmorosoBusiness reporter, Tokyo AFP via Getty Images Some hope that the election of Japan’s first female prime minister will open doors for other women In October Japan got its first female prime minister, Sanae Takaichi. Her rise has been hailed as a ground-breaking moment for Japanese women, but some fear that her conservative politics…
Ex-New York Times writer Bari Weiss to lead CBS after Paramount deal
Posted onGetty Images Paramount has named former New York Times opinion writer Bari Weiss to lead CBS News, in the latest move by new owners to reshape operations of one of America’s leading news organisations. Paramount is also buying The Free Press, the digital outlet Weiss started after her acrimonious departure from the New York Times,…
