Billionaire George Soros Bets on Musk’s Tesla and Ford

George Soros seems to have picked his winners in the race for electric vehicles.  In any case, the emblematic investor is placing his pawns while car manufacturers are fighting with thunderous announcements to occupy this market considered to be the future of the automobile in the medium term at least.  Soros, who had so far … Read more

Boeing Clears Hurdle for Resuming 787 Dreamliner Deliveries

U.S. air-safety regulators signed off on a Boeing plan aimed at addressing problems with the 787 Dreamliner, a major step before the company restarts deliveries of the aircraft, according to people familiar with the matter. The first 787 delivery is expected to occur within days, one of the people familiar with the matter said. Resuming deliveries … Read more

Tesla Rival Rivian Considers a Major Move

Rivian ( (RIVN) – Get Rivian Automotive Inc. Report) is preparing for the tough times ahead.  The young manufacturer of electric vehicles, considered one of Tesla’s ( (TSLA) – Get Tesla Inc. Report) great rivals, wants to prevent a possible recession from disrupting its projects.  The company is currently increasing production rates to meet significant demand. … Read more

Big Interview: Intelligent Energy boss on why they might have to build £100m gigafactory in Europe

The Government could decide this summer if it is ready to back a £100 million gigafactory that would create up to 600 jobs in central England – or whether the project will go over to Europe. The boss of Intelligent Energy said his company was desperate to commit to a UK manufacturing base as demand … Read more

‘A forum to showcase British rail innovation to the globe’ – via Goole – praise for RaisE at launch

An £8.1 million pound business centre at the heart of Goole’s emerging rail village has been described as the ‘forum to showcase the very best of British innovation to the rest of the world’. Rail Accelerator and Innovation Solutions hub for Enterprise has been officially opened, with more than 150 guests joining representatives from the … Read more

Beverley addition for East Yorkshire firm behind petrol stations and convenience stores

A new petrol station and convenience store has been added to an East Yorkshire firm’s portfolio – the third site addition in the past six months. Little over a year after it was closed by The Co-op, Beverley’s Waterside Filling Station is about to re-open, having been bought by Jos. Richardson & Son Ltd. A … Read more

Elon Musk Suffers a Huge Setback in a Fierce Battle

Elon Musk is experiencing a busy Easter week.  The chief executive officer of Tesla  (TSLA) – Get Tesla Inc Report surprised the financial and tech circles by announcing this week that he wanted to acquire Twitter  (TWTR) – Get Twitter, Inc. Report after becoming the platform’s largest shareholder in early April with a 9.1% stake.  The world’s … Read more

RaisE-ing the rail game for the North – new business centre ‘opens doors to sector for SMEs’

A multi-million pound business centre within Goole’s developing train manufacturing cluster has opened. RaisE – Rail, Accelerator and Innovation Solutions Hub for Enterprise – has been brought forward by East Riding of Yorkshire Council, and launched with the backing of key stakeholders Siemens Mobility and University of Birmingham. More than 50 guests joined the senior … Read more

Huge land deal paves the way for £100m green jet fuel investment into BA-backed Altalto plant

Green jet fuel developer Velocys has completed a major deal that could unlock a £100 million investment in its South Humber Bank plant. The AIM-listed sustainable aviation specialist has sold its consented site at Stallingborough to energy infrastructure investor Foresight Group for £9.75 million. It comes with a first refusal to invest big in the … Read more