The move comes after Musk warned earlier this month that he has a “super bad feeling” about the economy amid record-high inflation. In a memo to executives, titled “pause all hiring worldwide”, Musk said that around 10% of jobs at Tesla need to be cut, though he added that the company would be increasing hourly […]
Elon Musk has shared a dose of bad news for his electric vehicle company Tesla, explaining that its new factories in Germany and the United States are losing billions of dollars due to battery shortages and supply disruptions in China. Musk referred to Tesla’s Berlin and Austin, Texas plants as “gigantic money furnaces.” "Both Berlin […]
Due to the huge advances in the screening and treatment of cancer, the number of people diagnosed with cancer is increasing, with almost 60% of people living for 10 years or more. Cancer has become reclassified as a chronic condition. By 2030, 6% of the population will be living with cancer and this poses important […]
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 […]
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 […]
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, […]
The report, published on Friday, said that Murphy had fixed pay of £1.54 million and performance-related pay of £3.21 million. Tesco also noted that Murphy would receive a salary rise of 2.25% in 2022-23. Last month, Tesco reported a 36% increase in profit for 2021-22, though warned of a decline this financial year as rocketing […]
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 […]
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 […]
Waqas Ahmed is the founder and CEO of American TelePhysicians - a digital healthcare and telemedicine company with operations in multiple countries. ATP has pioneered the concept of online healthcare eco-systems. Utilising its virtual care technology, a network of virtual speciality physicians, and a direct-to-consumer healthcare marketplace platform, American TelePhysicians brings medical services to patients' doorsteps with price transparency.
We speak with Shaun Chilton, CEO of Clinigen - a global, specialist pharmaceutical services and products platform focused on providing ethical access to medicines. The Group operates from sites in North America, Europe, Africa and the Asia Pacific.
Cannabinoids are known to have therapeutic potential, but they are unable to reach it in the absence of viable delivery technology, a scientific research-based approach to drug development and a committed team that is patient enough to take a long-term view. Sohail’s diversified background in engineering, international operations and business strategy has allowed him to […]
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