Business
November 08, 2024
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MLB, Braves object to Diamond Sports reorganization plan, question company's future viability

A Major League Baseball logo at Angel Stadium in Anaheim, California, May 22, 2022. Ronald Martinez | Getty Images Major League Baseball and the Atlanta Braves have raised issues with the reorganization plan and future viability of Diamond Sports Group, the country’s largest owner of regional sports networks, according to a Friday bankruptcy court filing. […]

Business
November 08, 2024
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Philadelphia Phillies capital raise values the team at around $3 billion

Philadelphia Phillies managing partner and principal owner John Middleton signs autographs prior to the 2024 London Series game between the New York Mets and the Philadelphia Phillies at London Stadium in London on June 9, 2024. Daniel Shirey | Major League Baseball | Getty Images The Philadelphia Phillies recently raised close to $500 million in […]

Business
November 08, 2024
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Watchdog to review police handling of Al Fayed abuse claims

The police watchdog will review how Metropolitan Police officers handled allegations of sexual misconduct against former Harrods owner Mohamed Al Fayed. The Independent Office for Police Conduct (IOPC) will review two cases the Met Police investigated in 2008 and 2013 after the force referred itself. Hundreds of women have alleged the billionaire, who died last […]

Business
November 08, 2024
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Trump tariffs could cost UK £22bn of exports

The UK could face a £22bn hit to its exports if Donald Trump imposes a blanket 20% tariff on all imports into the US, according to a new analysis. UK exports to the world could fall more than 2.6% due to lower trade with the US and knock-on effects globally, economists at the University of […]

Business
November 08, 2024
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Now, take an earlier Air India domestic flight same day under new programme

NEW DELHI: Air India will now have the option to take an alternative flight departing up to 12 hours before their originally booked flight, provided the departure dates of both flights is scheduled on the same date. This “fly prior” is complimentary for gold and platinum members of Air India’s Flying Returns loyalty programme. All […]

Business
November 08, 2024
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Govt announces power relief package for winter

The Power Division on Friday announced a power relief scheme — called the “Bijli Sahulat” package — offering reduced electricity rates to consumers to encourage electricity use during the low-demand winter season. On Thursday, the division also announced on X that the Nati­­onal Electric Power Regu­latory Authority (Nepra) notified an Rs1.28 per unit decrease in […]

Business
November 08, 2024
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Sunset For Once-Storied Jet Airways As Turbulent Insolvency Flight Ends

Jet Airways: More than five years ago on an April evening, cash-starved Jet Airways announced the temporary grounding of operations after flying as a full-service airline for 25 years. Since then, more than 20,000 jobs and money worth thousands of crores owed to lenders, vendors, and passengers evaporated while awaiting an insolvency resolution. And now, […]

Business
November 08, 2024
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Maruti Suzuki Looks To Enhance Exports With Upcoming New Dzire Sedan

Maruti Suzuki Looks To Enhance Exports: Maruti Suzuki India is targeting markets like UAE, Saudi Arabia, Chile, Mexico, and other Latin American countries with its upcoming new version of compact sedan Dzire to accelerate exports as it eyes over 300,000 units of overseas shipments this fiscal, a senior company official said on Wednesday. In the […]

Business
November 08, 2024
3 views 3 mins 0

Bolt drivers win right to holiday and minimum wage

Getty Images Thousands of drivers working for ride-hailing and food delivery app Bolt have won a legal claim to be classed as workers in the UK rather than self-employed. The ruling means drivers could be entitled to holiday pay and the minimum wage, which lawyers said could lead to compensation worth more than £200m. Bolt […]