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The Latest Breaking News from SAR

What would happen if Thames Water is temporarily renationalised?

The government could put the struggling utility into a special administration regime – but what does this involve?

The Guardian - UK

'One little thing goes wrong and everybody on the scene is going to die' - Grand Canyon helicopter rescue teams under pressure as hikers succumb to extreme heat

An increase in emergency call outs is being blamed on a trail detour forced by water pipeline works, that means hikers have to take on a longer, more technical route

Advnture

A torrent of special pleas from Thames Water

Company hopes to win big compromises from regulators to get its financial restructuring over the line

The Guardian - UK

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Regulators must not go soft on Thames Water now

With six bids on the table, the company’s reference to ‘support and accommodations’ sounds like a plea for special treatment

The Guardian - UK

Thirty MPs demand Ofwat puts Thames Water into special measures

Exclusive: Labour and Green MPs write to regulator’s chief executive voicing fears about an expensive public bailout

The Guardian - UK

Ministers must hold the line on Thames Water. Administration is better than a bailout

It seems Thames is trying to scare the government into thinking the world will end if it falls into ‘special administration’

The Guardian - UK

From Bitcoin Country To Crypto Kingdom: Bhutan GMC Seeks $BTC, $ETH, $BNB Strategic Reserves

Bhutan's Gelephu Mindfulness City has announced an initiative to recognize three major cryptocurrencies as part of its strategic reserves, marking what could be the first national multi-token crypto reserve in the world.

International Business Times

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2 Private Equity Stocks to Buy, 1 to Sell

With rising global deals, an expanding base of high-net-worth individuals, and enhanced volatility management, the outlook of the private equity industry radiates promise. Thus, investing in robust private equity stocks, IRSA Inversiones (IRS), and Saratoga Investment (SAR) seems wise. Conversely, Blackstone (BX) might be best avoided now due to its…

StockNews.com

Arctic sea ice loss and fierce storms leave Kivalina’s volunteer search and rescue fighting to protect their island from climate disasters

As winds and waves from Typhoon Merbok devastated communities along the coast of Western Alaska in 2022, Reppi Swan Sr.’s phone began to ring at Kivalina, a barrier island 80 miles above the Arctic Circle.

The Conversation

Do you have to pay for mountain rescue?

We clear up a common misconception about the cost of a mountain rescue effort which is leading many hikers to avoid or delay calling for help

Advnture

Saudi Arabia Establishes New Railway to Reduce Carbon Emissions, Increase Carrying Capacity

Saudi Arabia Railways (SAR) launched on Sunday a new railway service linking the north and east networks, passing through Jubail Industrial City to ship industrial materials and goods.

Asharq Al-Awsat

Saudi SAR Signs Agreements, MoU to Develop Railways

The Saudi Railways Company (SAR) concluded several agreements and memoranda of understanding with global partners to achieve the objectives of the national strategy for transport and logistics. SAR participated in InnoTrans and the international trade conference in Berlin. SAR awarded a contract to the French electronics company Thales for developing…

Asharq Al-Awsat

Saudi Arabia's Mashaer Train to Operate Again

Saudi Railway Company (SAR) wants to localize expertise in operating the al-Mashaer Train, aiming to run it entirely with trained national units by 2026. The Mashaer Train is one of the most important transportation pillars in the Holy Sites, which is being developed continuously to promote the service provided to…

Asharq Al-Awsat

Friday Is Your Last Chance To Buy Saratoga Investment Before The Dividend Payout

Friday marks the last chance for investors to receive the next dividend payout from Saratoga Investment (NYSE:SAR).

Benzinga

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France 24

French court upholds one-year sentence for ex-PM Fillon in ‘fake jobs’ scandal

A French appeals court on Monday upheld but shortened the prison sentence a lower court inflicted on former conservative prime minister François Fillon for embezzling public funds in a scandal that derailed his 2017 run for president.

Bangkok Post

PTT poised to sell mining business in Indonesia

National oil and gas conglomerate PTT Plc expects to sell its coal mining business in Indonesia within the first half of this year as the company plans to focus more on clean energy and mobility.

Asharq Al-Awsat

Saudi Railway Forum Unveils First Package of Investment Opportunities

Saudi Arabia launched on Thursday the first batch of investment packages in the railway sector, with a value of one billion riyals ($266 million). Minister of Transport and Logistics Saleh Bin Nasser Al-Jasser inaugurated the Railway Industrial Opportunities Forum, an event held under the auspices of the National Industrial Development…

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