BAE Sees ‘Phenomenal Pace' on Next Fighter Jet as Rival Sputters
The British defense company this week unveiled the design of a demonstrator aircraft, and said that it has already begun manufacturing the main structure, wings and tail for that jet at its site in Lancashire.
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Yahoo
4 minutes ago
- Yahoo
On your bike! Lime booted out of west London borough after pavement parking complaints
Lime has lost the right to operate in a west London borough after residents complained about its e-bikes blocking pavements and the cost of hiring a bike. Hounslow council has ended its two-year association with the firm, which dominates the capital's bike hire market, and appointed two rivals in its place. The move is thought to be the toughest response yet from a London borough to concerns about 'anti-social' parking - though there are also suggestions that the council simply opted for the most lucrative bid. But the move also appears to highlight how councils are increasingly requiring dockless bike hire firms to meet tough standards, while seizing the opportunity to generate income - ahead of a long awaited city-wide regulatory scheme mentioned in the Government's devolution white paper. Hounslow's decision, following a retendering process, is expected to mean that Lime will have to 'geo-fence' its bikes to prevent them being hired or parked in the borough, which includes Chiswick and Brentford. A Lime spokesperson said: "We're disappointed by Hounslow council's decision. We're proud of our bid, which we believe offered the best overall value for Hounslow residents by focusing on quality of service, safety, and community benefit above all. "We're also disappointed for the thousands of Hounslow residents that rely on our bikes daily to connect to other areas of London. 'Built over seven years operating in the capital, Lime's service has allowed people living in Hounslow to access all parts of the city, and cycle as far as Hackney and Lewisham in one easy journey. 'It's important for councils to prioritise seamless mobility across London for their residents when selecting operators as otherwise we risk creating a patchwork system that undermines this. "Our data proves this. Since we launched in Hounslow in 2023, the number of Lime rides has more than doubled year-on-year, and we've seen a massive 95 per cent increase in people using our bikes to commute. 'It's clear that Hounslow residents have embraced cycling, and we're glad to have supported the council's wider cycling goals. 'We remain dedicated to working with TfL and local councils across the capital to ensure all Londoners have access to sustainable modes of transport and to build a more accessible, inclusive and greener city for everyone.' Last November, neighbouring Brent council had threatened to evict Lime after similar complaints from residents about abandoned bikes, but struck a lucrative deal to fund the provision of 200 on-street bike parking bays. Hounslow has appointed Forest and Voi in place of Lime, under a new contract that will begin on August 11. The council held a competitive procurement process, 'shaped by widespread community feedback' that requested 'stronger parking compliance, faster response times to resident concerns and more tailored and affordable pricing'. There are currently more than 250 designated e-bike parking bays across the borough and the council pledged to review its enforcement procedures 'to maintain clear pavements and discourage poor parking behaviour'. Lime bikes have been used for more than 1.7m trips since a trial was launched by the council in 2023, with it being extended to Isleworth and Osterley due to its popularity. The new scheme will have lower prices, including discounts for residents, low-income users and local businesses, and will use advanced technology and stricter enforcement to ensure the Forest and Voi bikes are parked in designated bays. There will also be lighter e-bikes, including the trial of e-bikes with cargo baskets or child seats. According to the website, Lime's trial 'drew criticism for widespread antisocial parking, hacking incidents, and inadequate customer support'. It added: 'Bikes were often left blocking pavements, driveways, and even junctions, prompting safety concerns from residents and councillors alike.' Forest already operates in Brent and Hammersmith and Fulham and plans to have 1,087 of its green e-bikes in Hounslow. Voi recently launched in Ealing and has earmarked other west London boroughs. Forest said it had secured first place in the council's tendering competition. Its arrival in Hounslow will mean its bikes are available in 18 London boroughs. However, there have been reports that the council awarded the contract to the firms that offered to pay most for the right to operate within the borough. Last month Forest bikes were used for 1.5m journeys in London – 60 per cent up on July 2024. Alex Berwin, head of policy at Forest, said: 'We are excited to be expanding into Hounslow and bringing affordable e-bikes to even more Londoners. 'We know that the demand for sustainable ways of travel is only growing, and as the winning operator in Hounslow, we are proud to offer Forest bikes to local residents who are seeking more convenient and greener modes of transport. 'As a company founded in London for Londoners - our continued expansion reflects our commitment to delivering for the capital, and we look forward to a collaborative and successful partnership in Hounslow.' Transport for London has announced free 60-minute rides on its Santander-sponsored 'Boris bikes' each Sunday in August. Riders should download a free code via the TfL website.
Yahoo
4 minutes ago
- Yahoo
Updated composition of the management team of Oma Savings Bank
OMA SAVINGS BANK PLS STOCK EXCHANGE RELEASE 4 August 2025, 9.25 AM CHANGES IN BOARD/MANAGEMENT/AUDITORS Updated composition of the management team of Oma Savings Bank Oma Savings Bank Plc (OmaSp and the Group) has confirmed Pirjetta Soikkeli ( (Forestry) and MBA) as a member of the management team starting from 4 August 2025. Soikkeli has served as Chief Communications Officer (CCO) at OmaSp since 7 July 2025. Kalle Virtanen ( trained on the Bench, (Stockholm) and CEFA) joined the management team and started as the Chief Operating Officer on 1 August 2025. "I am pleased to welcome Pirjetta Soikkeli and Kalle Virtanen to Oma Savings Bank's management team. I am truly delighted that these experienced leaders are joining us to further strengthen the expertise of our executive team," says Karri Alameri, CEO of OmaSp. Oma Savings Bank's management team as of 4 August 2025: Karri Alameri, Chief Executive OfficerSarianna Liiri, Deputy Chief Executive Officer, Chief Financial OfficerPekka Pykäri, Chief Risk OfficerVille Rissanen, Chief Digital Information OfficerHanna Sirkiä, Chief Legal OfficerPirjetta Soikkeli, Chief Communications OfficerMarkus Souru, Head of Service NetworkKalle Virtanen, Chief Operating Officer The appointments are subject to the Finnish Financial Supervisory Authority's approval of the fit and proper assessments concerning Soikkeli and Virtanen. As previously announced, Pekka Pykäri will leave his position as OmaSp's Chief Risk Officer and member of the management team no later than 31 August 2025. OmaSp will announce the successor later. Oma Savings Bank Plc Additional information:Karri Alameri, CEO, tel. +358 45 656 5250, DISTRIBUTION: Nasdaq Helsinki LtdMajor OmaSp is a solvent and profitable Finnish bank. Over 600 professionals provide nationwide services through OmaSp's 48 branch offices and digital service channels to over 200,000 private and corporate customers. OmaSp focuses primarily on retail banking operations and provides its clients with a broad range of banking services both through its own balance sheet as well as by acting as an intermediary for its partners' products. The intermediated products include credit, investment and loan insurance products. OmaSp is also engaged in mortgage banking operations. OmaSp core idea is to provide personal service and to be local and close to its customers, both in digital and traditional channels. OmaSp strives to offer premium level customer experience through personal service and easy accessibility. In addition, the development of the operations and services is customer-oriented. The personnel is committed and OmaSp seeks to support their career development with versatile tasks and continuous development. A substantial part of the personnel also own shares in Details Website URL: in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Android Authority
6 minutes ago
- Android Authority
A truck carrying thousands of Galaxy Z Fold 7, Flip 7 units just got stolen
Hadlee Simons / Android Authority TL;DR A truck carrying 12,000 Galaxy phones, including 5,000 Galaxy Z Fold 7 and Z Flip 7 models, was stolen in London. The shipment was apparently worth almost $10 million, but it was insured. This also comes a few days after Samsung confirmed that its new phones broke pre-order records for Galaxy foldables. The Galaxy Z Fold 7 and Z Flip 7 seem more popular than previous Galaxy foldables. Now, it looks like these Samsung phones may have been popular enough to steal en masse. Yonhap News TV (h/t: FNN News) reports that a truck carrying 12,000 Galaxy phones was recently stolen near London Heathrow airport. This shipment included 5,000 Galaxy Z Fold 7 and Z Flip 7 devices and 5,000 Galaxy Watch 8 models, along with older devices like the Galaxy S25 series and Galaxy A16 range. It's believed that the shipment was stolen after it was moved to a warehouse following its arrival at the airport. The outlet reports that the cargo was worth 13.3 billion won (~$9.6 million), but that there was no actual loss as it was insured. British police apparently launched an investigation after the incident and found the container in question, but it's unclear if any Samsung products were recovered. Nevertheless, this might be a sign of the Galaxy Z Fold 7 and Z Flip 7's initial popularity. Samsung previously reported that the Galaxy Z7 series broke pre-order records for Galaxy foldables in India, the US, and Korea. Samsung Galaxy Z Fold 7 Samsung Galaxy Z Fold 7 Thinnest, lightest Z Fold to date • More durable design • 200MP primary camera • Snapdragon 8 Elite for Galaxy MSRP: $1,999.99 Thin, light, high-powered, and it folds! The Samsung Galaxy Z Fold 7 offers an 8-inch OLED screen, a 200MP camera, the Snapdragon 8 Elite for Galaxy chipset, and a 4,400mAh battery. The Galaxy AI experience is baked in, offering tools across the camera, Circle to Search, and much more. Best of all, Samsung continues to evolve their fold folding hinge assembly, promising reduced visibility of the crease. See price at Amazon See price at Samsung Samsung Galaxy Z Flip 7 Samsung Galaxy Z Flip 7 Largest ever Flex Window • 6.9-inch dynamic AMOLED 2X folding screen • 7 years of updates MSRP: $1,099.00 Melds Galaxy AI with the new edge-to-edge FlexWindow With a 6.9-inch main display and a 4.1-inch FlexWindow outer display, the Samsung Galaxy Flip 7 focuses on putting AI smarts in your pocket. Measuring just 13.74mm thick when folded, it's the slimmest Z Flip phone yet. Packed with a 50MP camera and a suite of AI tools, Samsung calls the Z Flip 7 a "pocket-sized selfie studio." See price at Amazon See price at Samsung Follow
