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Thames Water Seeks Help From Advisors As Debt Crisis Escalates; Government Intervention Likely to Happen
The restructuring talks planned by Thames Water will be urgently imposed as fears of potential collapse looms due to its £18 billion debt and impending loan repayment deadline.
Royal Mail Appoints London Airport Executive Emma Gilthorpe; Major Company Transformation Expected by Employees
Royal Mail appoints Emma Gilthorpe, COO at Heathrow Airport, as CEO to improve its financial situation amidst ongoing challenges and a lawsuit from Parcelforce delivery drivers.
Cocoa Prices Surge After Supply Shortage Due to Dry Weather in West Africa
Cocoa prices are going way up after experts pressed that it's not raining enough in West Africa where cocoa grows, making it hard for farmers to grow cocoa.
Russia Reportedly Testing Unmanned Hi-Fly Aircraft Taxi in Kenya
The Biryuch Innovation Center in Russia has commenced trials for the Hi-Fly unmanned Taxi in Kenya in collaboration with local partners, aiming to revolutionize air transportation with its electric vertical takeoff and landing (eVTOL) aircraft.