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Thames Water lenders submit rescue plan to stave off collapse
Thames Water’s lenders have submitted a new rescue plan to prevent the UK’s largest water company from collapsing. London & Valley Water, a consortium of large financial institutions and investors, has submitted proposals which include writing off about a third of the company’s near £20bn debt pile and investing an initial £5.4bn to stablise the…
EU to suspend approval of US tariffs deal
The 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…
Many new UK drone users must take theory test for outdoor use
Many in the UK who unwrapped a new drone this Christmas may face a rude awakening next week, when they will have to take a theory test before being allowed to fly outdoors. From 1 January, those intending to fly drones or model aircraft weighing 100g or more outside must complete a Civil Aviation Authority…
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Ahmed Al Maghribi Perfumes: How a Saudi Fragrance House Is Reframing Arabian Luxury for a Global Audience
Ahmed Al Maghribi Perfumes represents a growing wave of Middle Eastern fragrance houses that are confidently stepping beyond regional borders while remaining deeply anchored in cultural tradition. Rooted in the Gulf’s centuries-old relationship with scent, the brand has positioned itself as a modern interpreter of Arabian perfumery rather than a nostalgic replica of it. In…
