Tuesday 24 December 2024
 
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Richard Branson

Richard Branson resigns as Virgin Hyperloop chairman

Virgin Hyperloop One (VH1), an American transportation technology company, said that Sir Richard Branson has decided to step down from his role as chairman based on the increased commitment of time the position now requires. Sir R

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Virgin Atlantic swings to $21m profit in 2014

British-based airline Virgin Atlantic has reported a profit before tax and exceptional items of GBP14.4 million ($21.2 million) in 2014, as against a pre-tax loss of GBP51 million ($75.1 million) in the previous year. This represe

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Flight ban would hurt Russia most: Branson

Russia would be the biggest loser if it carried out a threat to ban Western airlines from flying over its territory, Richard Branson, the founder of British airline Virgin Atlantic, said on Friday. "It would cost us quite a l

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Land Rover, Virgin Galactic in global tie-up

Land Rover has entered into a long-term global partnership with Richard Branson’s commercial spaceline, Virgin Galactic. The alliance was announced against the backdrop of SpaceShipTwo, the world’s first commercial pas

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Qtel, Virgin Group launch new mobile service

Qatar Telecom (Qtel), the leading telecom services provider in Qatar, and Virgin Group, a well-known branded venture capital organisation, have launched a new prepaid mobile service in Qatar. Virgin Mobile Qatar, which is available from to

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Virgin Atlantic to test bio fuel

Billionaire Richard Branson said his Virgin Group hopes to produce clean biofuels by around the start of the next decade and early next year will test a jet plane on renewable fuel. Virgin hopes to provide clean fuel for buses, trains and

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Virgin Megastore Mena 'not affected by buy-out'

Richard Branson’s move to sell the UK and Irish Virgin Megastore will have no effect on its Middle East operation, it was announced on Tuesday. A statement said the move will have no impact on the local and regional business, as it is a fr

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Branson in jumbo pledge

British entrepreneur Richard Branson landed in Kenya on Virgin Airlines' maiden flight to the east African country. He vowed to help protect some 2,000 elephants threatened by encroachment. Virgin chairman said the endangered bea

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