MUBI, an online-movie service catering to independent and art-house film enthusiasts, said it’s closing a $7.5 million fundraising this week after hooking up with Samsung Electronics Co. to offer its service worldwide.
London Mayor Boris Johnson said the 50-year-old Hammersmith flyover, part of the A4 road in West London, is to become a tunnel within four years at a potential cost of almost 2 billion pounds ($3.3 billion).
London Underground Ltd. indicated it aims to go ahead with plans to buy driverless trains, raising the prospect of renewed clashes with unions that say the move poses a threat to passenger safety and employment levels.
More than 200 apartments at Battersea Power Station will be offered only to buyers in London as developers respond to criticism that too many new homes in the British capital are going to overseas investors.
London Underground said it expects a second two-day strike over ticket-office closures and more than 750 job cuts to go ahead tonight after negotiations between management and unions failed to produce a breakthrough.
A two-day strike by London Underground employees over job cuts and ticket-office closures left commuters facing an arduous trip home as stations remained shuttered and roads struggled to cope with extra demand.