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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…
What it was like inside the room with Donald Trump at Davos
Posted onFaisal IslamEconomics editor Getty Images I was in the room and saw President Trump enter and it’s fair to say he got a good welcome from the crowd, certainly at the beginning. A standing ovation. On top of that, there was an astonishing scrum to try to get in, with many turned away – even…
Heineken boss steps down as beer sales slow
Posted onThe boss of one of the world’s largest beer brands, Heineken, is stepping down after six years as the firm battles falling beer sales. Dolf van den Brink said the Dutch brewer, which also makes pub favourites Birra Moretti and Cruzcampo, had been marked by “significant change” in recent years. The firm has been contending…
Customers sue maker of popular On Cloud shoes over ‘noisy and embarrassing’ squeaks
Posted onAthletic shoe company On is facing a lawsuit from customers who claim that its popular sneakers make a “noisy and embarrassing squeak”. The “CloudTec” sneakers typically cost around $200 (£150) and have holes in the sole designed to make users feel like they are “running on clouds”. Instead, the lawsuit says, they cause issues in…
How are trade deals actually negotiated?
Posted onMegan Lawton and Sam Gruet Business reporters Getty Images The world’s trade negotiators are continuing to be very busy as the US demands new deals Trade deals have never been more in the headlines, as Donald Trump continues to threaten countries with higher tariffs until they sign new agreements with the US. But how exactly…
