Boeing’s boss David Calhoun has warned that biofuels like sustainable aviation fuels (SAF) will “never achieve the price of jet fuel,” downplaying widespread hopes for the technology in the sector. According to reports in the Financial Times today, Calhoun said he believes SAF has the potential to become more economical. However, he also said: “I 
The England and Wales Cricket Board have said there is still a future for The Hundred despite the competition’s managing director Sanjay Patel was announced as leaving the organisation. Patel will step down from the franchise competition at the end of this year’s season, the third since its inception. Richard Gould, ECB chief, said: “I’d 
Shareholders dealt a major blow to The Restaurant Group (TRG) chief Andy Hornsby today after large numbers voted against bosses latest pay packets. Hornsby was stung by shareholders in the Wagamama’s owner after 46 per cent voted against the company’s pay report for last year at the firm’s annual general meeting in London. Hornsby received 
The water watchdog is set to probe the accuracy of leakage data from one of England’s biggest providers. Ofwat will investigate South West Water (SWW) over the accuracy of its information on water consumption and leakages, in the wake of an apology from firms over sewage issues. Owned by the FTSE 100 listed Pennon Group, 
Every fan dreams of watching their team make a final and, hopefully, win a trophy. But imagine if the grand finale for your domestic league is 6,200 miles away from your home stadium. Well that’s exactly what faces fans of Irish province Munster, whose United Rugby Championship showdown on Saturday is a 17-hour plane journey 
Drax is looking to expand its operations in North America as it looks to take full advantage of the benefits on offer under the Inflation Reduction Act.
Top officials at the Bank of England today admitted they have undershot the strength of inflation, with governor Andrew Bailey confessing the central bank has some “very big” lessons to learn over how it sets interest rates. MPs on the influential treasury select committee slammed members of the monetary policy committee (MPC) for failing to 
A Labour government would push pension funds to pump cash into UK start-ups and growth firms as part of plans to boost the City and keep homegrown firms in Britain, Rachel Reeves has said. Speaking in New York today, the shadow chancellor said her party aimed to rocket-launch investment in the UK by accelerating consolidation 
Around 1,650 North Sea offshore contractors will begin two new rounds of 48-hour strike action in what a trade union said is the biggest walkout in the sector so far. The workers are striking in an increasingly bitter dispute over jobs, pay and conditions in the offshore sector, Unite said. The union says BP and Shell recorded 
Susie Violet Ward reports back from an eventful Miami where contrasts were shocking and inspiration was provided by Peter McCormack.
Chelsea co-owner and LA Dodgers chairman Mark Walter has announced a major investment in professional squash that the sport’s bosses have hailed as “a game changer”. The businessman has acquired a stake in Squash Media & Marketing with the intention to promote the sport to a global market. This comes months after City A.M. revealed 
A team of successful investors are preparing the launch of a new transatlantic airline based out of London, City A.M. has learned, with one Airbus jumbo jet already purchased. The investors behind Holiday Swap, the travel platform valued at more than £300m, and the firm’s founder James Asquith are thought to have as many as