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But around London and in central England it is becoming hard to find enough vacant space after developers focused in recent years on building warehouses for e-commerce giants like Amazon and supermarket Tesco. Real estate partner Catherine Fearnhead at Addleshaw Goddard said e-commerce take up had been so rapid that firms once relying on a major distribution site in central England now need bases around the country to guarantee faster deliveries. Developers have in recent years converted multistory carparks into distribution centers, secured planning permission to build one major site underground and are increasingly building warehouses alongside residential estates, to secure both planning permission and workers for the facility.
The focus on e-commerce means the industry has failed to build enough speculative warehousing to be leased by multiple tenants, the type of space that is required now, Real estate group Savills says there is around 28 million square feet of vacant space in 2018, compared with 94 million in 2009, Commercial real estate group Jones Lang LaSalle (JLL) owns one of the few major how to wear cufflinks empty warehouses near Heathrow Airport, Britain’s largest port by value, Cargo 777 is a recently refurbished, gleaming white, grey and black 81,000 square foot site that is likely to be let to a logistics provider..
LONDON/STOCKHOLM (Reuters) - Sweden’s Ericsson (ERICb.ST) apologized and said it was working hard to fix a software glitch that was responsible for millions of smartphone users in Britain, Japan and other countries losing internet access on Thursday. O2 (TEF.MC), Britain’s second biggest network, and Japan’s Softbank (9984.T), both Ericsson customers, reported outages on their 4G networks earlier on Thursday. The mobile network equipment maker confirmed that a problem with its software was to blame for the disruption which hit the two operators as well as others in multiple markets.
Ericsson’s President and Chief Executive Borje Ekholm said: “The faulty software that has caused these issues is being decommissioned and we apologize not only to our customers but also to their customers, “We work hard to ensure that our customers can limit the impact and restore their services as soon as possible.”, SoftBank said earlier the outages how to wear cufflinks stemmed from problems at exchanges for its high-speed wireless LTE network - known as 4G, The Japanese company, which plans to list its domestic unit in a $21 billion IPO later this month, said the problem was resolved after four and a half hours by reverting to an older version of Ericsson’s software..
It said it had been told by Ericsson that operators in 11 countries were affected by the glitch. Ericsson said an initial analysis indicated that expired certificates in the software versions installed with the affected customers were to blame. It said most of the affected customers’ network services have been successfully restored during the course of the day, and it was working closely with the remaining customers still experiencing issues. O2, which is owned by Spain’s Telefonica (TEF.MC), said customers of Tesco Mobile, Sky Mobile and GiffGaff, which all use its network, were affected by the outage.
O2 chief executive Mark Evans said his teams were working hard with Ericsson to find a swift solution, Users of O2 services, who were unable to access the internet or apps that require an internet connection, found their way on to social media to complain about the outage, which also knocked out London bus live information displays, Ericsson was once the world’s biggest supplier of mobile communications gear but has been overtaken by China’s Huawei Technologies [HWT.UL] and Finland’s Nokia how to wear cufflinks (NOKIA.HE)..
It has staked its recovery on demand for next-generation 5G equipment and could be well placed to benefit from current turmoil surrounding market leader Huawei amid U.S., Chinese tensions which came under the spotlight on Thursday. Huawei executive Meng Wanzhou, the daughter of the Chinese company’s founder and CEO, was arrested in Canada on Wednesday, at the behest of U.S. authorities investigating alleged violations of U.S. trade sanctions, according to a source. The United States had already taken steps to block the company’s equipment from mobile networks over security concerns, and Australia and New Zealand have barred the supplier from new 5G networks for the same reason.
(Reuters) - Coca-Cola Co (KO.N) said on Thursday Chief Executive Officer James Quincey would take on the additional role of chairman next April, when how to wear cufflinks incumbent Muhtar Kent retires after four decades with the world’s largest beverages maker, Kent, 65, held the reins of the company as chief executive and chairman from 2009 until 2017, He continued as chairman after Quincey became the chief executive, Kent’s departure will be the second-high profile change in the beverage industry following Pepsico Inc (PEP.O) Chief Executive Officer Indira Nooyi’s decision to step down as chief executive of the company in October, She is also expected to relinquish her position as Chairman in early 2019..