Industry Chinese steelmaker Jingye completed a £1.2bn deal to save British Steel earlier this year, saving 3,000 jobs. It is not China’s first multibillion-pound move into British industry. The Bank of China was among the lenders that came to the rescue of carmaker Jaguar Land Rover with £560m of loans after it struggled to get help from the British government. Aluminium Corporation of China, better known as Chinalco, also owns almost 15% of Anglo-Australian miner Rio Tinto, and the Chinese state’s sovereign wealth fund, China Investment Corporation (CIC), snapped up a stake in Britain’s largest water supplier, Thames Water, as part of a consortium of investors and foreign funds. … [Read more...] about Where in Britain does China spend its money?
Top 10 mobile phones company in the world
'With respect to Chinese apps on people's cell phones, I can assure you the United States will get this one right,' Pompeo said. 'I don't want to get out in front of the President [Donald Trump], but it's something we're looking at.' … [Read more...] about Mystery as Amazon says memo to staff BANNING TikTok for security reasons was ‘sent in error’- as it emerges US bank Wells Fargo has ALSO told workers to remove app from phones
Now, two emerging technologies may propel NASA and the rest of the world into an era of faster, low-cost exploration. Instead of spending a decade or longer planning and developing a mission, then spending hundreds of millions (to billions!) of dollars bringing it off, perhaps we can fly a mission within a couple of years for a few tens of millions of dollars. This would lead to more exploration and also democratize access to the Solar System. … [Read more...] about How small satellites are radically remaking space exploration
He said: “Des, are you sitting down? I’ve got something to tell you.” Oh my God, I thought, what has happened? We’d been through a lot in the few years before then. We’d worked hard to build a life together: the house, three kids and now seven grandchildren and a great-grandchild. Then everything started to crumble. I was diagnosed with cancer and got dropped by the company I worked for. Wayne’s contracts dried up and suddenly neither of us was earning and I was starting treatment. A complication left me in intensive care, bailiffs were at the door and my health had deteriorated. … [Read more...] about Pennies from heaven: what’s it like to suddenly become rich?
Best secondhand model: Nissan Leaf Used Nissan Leafs are the bargains of the electric car world. On Auto Trader this week a 2011 model with 36,000 miles on the clock was going for less than £6,000. Older models have a real-life range of 75-85 miles – significantly less than the new cars above, but perfectly good for a 60-mile round-trip commute each day – if you ever have to go back to the office. … [Read more...] about Electric cars: five best buys, from new models to used bargains