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Showing posts with the label Europe

ISIS developing Google-style driverless cars for attacks

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Islamic State (ISIS) technicians are working to develop a   Google-style driverless car   that could navigate itself into a crowded area before detonating an explosive device, aNATO security expert has warned. ISIS' research and development department in the terror group's de facto Syrian capital, Raqqa, is believed to be producing the vehicles at the same time as US Internet giant Google attempts to perfect the same technology. If successful, the invention could prove to be a major headache for security services in Britain and throughoutEurope and North America, where self-driving cars are expected to become commonplace, Daily Express reported. Thousands of driverless cars are expected to be on Britain's roads within the next few years and there is a very real prospect jihadis could prey on the new technology to launch attacks in the UK. Jamie Shea, NATO's deputy assistant secretary general for emerging security threats, said the Islamic extremists were u...

Tata Steel may sell UK unit to Greybull Capital

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Tata Steel UK has signed a letter of intent with Greybull Capital, an investment company, to enter exclusive negotiations for a potential sale of its long products Europe business. This development was revealed by  Tata Steel , the largest steel producer in the country, on Tuesday. Tata Steel UK is an indirect subsidiary of Tata Steel Europe. The memorandum covers several UK-based assets such as the Scunthorpe Steelworks, mills in Teesside and north France, an engineering workshop in Workington, a design consultancy in York, and associated distribution facilities. It also includes Scottish mills in Dalzell and Clydebridge, which are currently being “mothballed”, said Tata Steel in its notification to the exchanges. “This is an extremely critical time for the whole industry, and we have been working hard to explore all options that could provide a future for the long products Europe business,” the notification said, quoting Karl Koehler, the chief executive of Tata Steel’s Eur...