While underway, Fitzgerald conducted a wide range of operations, including routine presence patrols and maritime security operations.
The ship participated in several multinational...
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Dr Richard Henker on Nurse Anaesthesia and Expanding Surgical Access Globally
Advanced Practice at the Frontlines: Nurse Anaesthesia and Equitable Surgical Care in Low-Resource Settings.
Did you know that limited anaesthesia capacity is one of the biggest barriers to life-saving surgery in low-resource settings? Join us for…
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NASA confirms first starless, dark matter-dominated object in universe
NASA scientists have identified what they describe as the universe’s first confirmed example of a starless, gas-rich object dominated by dark matter, shedding new light on how galaxies form.
The finding, detailed Monday on NASA’s official…
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Rubina Ashraf On Her COVID Struggles & Causes Of Illness
Rubina Ashraf is a veteran Pakistani actor who gained popularity through her iconic PTV dramas. Her notable projects include Kasak, Pas-e-Aaina, Dil Zar Zar, Angna, Aik Sitam Aur, Zakham, and others. Rubina Ashraf also directed the popular TV…
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‘Contradiction in democracy’: Raza Rabbani urges NA speaker, Senate chairman to appoint opposition leaders – Dawn
- ‘Contradiction in democracy’: Raza Rabbani urges NA speaker, Senate chairman to appoint opposition leaders Dawn
- PTI reiterates demand for Achakzai’s appointment as opposition leader Geo News
- NA opp leader may be notified next week The…
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World record for deepest HVDC cable
- Nexans achieves a world-record installation depth of 2,150 meters on the Tyrrhenian Link Project in Italy, set in December 2025.
- Completion of the second pull-in operation on January 1, 2026 marks the completion of high-voltage subsea cable installation.
- Achievement highlights Nexans’ leading-edge subsea engineering, manufacturing and installation capabilities.
Nexans has successfully completed the high-voltage subsea cable installation on the Tyrrhenian Link project in Italy, confirming a world-record installation depth of 2,150 meters for a 500 kV high-voltage direct current (HVDC) subsea cable.
The world record was achieved during offshore installation campaign in December 2025, as part of Nexans’ works for Terna, the Italian Transmission System Operator. The Tyrrhenian Link is a strategic 500 kV HVDC interconnection designed to strengthen Italy’s national transmission grid.
The offshore execution milestone was finalized with the successful completion of the second pull-in operation on January 1, 2026, establishing the physical connection between the cable landing points in Terra Mala (Sardinia) and Fiumetorto (Sicily). This operation marks the completion of all high-voltage subsea cable laying activities on the project.
The western section of the Tyrrhenian Link, which falls within Nexans’ scope of work, comprises approximately 480 km of deep-water subsea cable, installed over two offshore campaigns of around 200 km and 280 km respectively. The Tyrrhenian Link as a whole consists of two 500 kV HVDC subsea connections, each approximately 970 km in length, with a total transmission capacity of 1,000 MW.
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Tertiary Lymphoid Structures and Immunotherapy Response
INSIGHTFUL research highlights a significant association between tertiary lymphoid structures (TLS) and response to immune checkpoint inhibitors (ICI) in Merkel cell carcinoma (MCC), offering new insights into how the spatial organisation of…
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Bangladesh to ‘work with ICC’ on T20 World Cup security concerns in India | Cricket News
BCB refutes reports saying ICC had issued an ultimatum over Bangladesh’s refusal to play its World Cup games in India.
Cricket authorities in Bangladesh have agreed to “work closely” with the International Cricket Council (ICC) to resolve…
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FCA fines former finance directors of Carillion plc (in liquidation)
Richard Adam and Zafar Khan were both aware of serious financial troubles in Carillion’s UK construction business but failed to reflect this in company announcements or alert the Board and audit committee, leading to poor oversight.
Mr Adam and Mr Khan have been fined £232,800 and £138,900, respectively. The fines were imposed after Mr Adam and Mr Khan withdrew their challenges to the FCA’s decision.
As finance directors, the pair had responsibility for Carillion’s procedures, systems and controls relating to financial reporting. These were not sufficient to ensure that contract accounting judgments made in its UK construction business were made, recorded and reported appropriately.
The FCA found both acted recklessly and were knowingly concerned in breaches by Carillion of the Market Abuse Regulation and the Listing Rules.
Steve Smart, joint executive director of enforcement and market oversight at the FCA, said:
‘Those in positions of responsibility have a duty to keep the market accurately and adequately informed. With Carillion, we have seen the serious impact it can have when they don’t. The action taken against Mr Adam and Mr Khan demonstrates our commitment to preventing market abuse and upholding the standards we expect.’
Notes to editors
- Richard Adam Final Notice (PDF).
- Zafar Khan Final Notice (PDF).
- Carillion plc (in liquidation) Decision Notice (PDF).
- Mr Adam was finance director of Carillion from April 2007 to 31 December 2016. He received an initial Decision Notice (PDF) dated 24 June 2022.
- Mr Khan was finance director of Carillion from 1 January 2017 to September 2017. He received an initial Decision Notice (PDF) dated 24 June 2022.
- The FCA has imposed the financial penalties on Mr Adam and Mr Khan for being knowingly concerned in breaches by Carillion of:
- Article 15 of MAR (prohibition of market manipulation) by disseminating information that gave false or misleading signals as to the value of its shares in circumstances where it ought to have known that the information was false or misleading;
- Listing Rule 1.3.3R (misleading information must not be published) by failing to take reasonable care to ensure that its announcements were not misleading, false or deceptive and did not omit anything likely to affect the import of the information;
- Listing Principle 1 (procedures, systems and controls) by failing to take reasonable steps to establish and maintain adequate procedures, systems and controls to enable it to comply with its obligations under the Listing Rules; and
- Premium Listing Principle 2 (acting with integrity) by failing to act with integrity towards its holders and potential holders of its premium listed shares.
- The findings in Mr Adam and Mr Khan’s Final Notices are those of the FCA and are not the subject of any judicial finding. Carillion’s former chief executive officer Mr Richard Howson received a Decision Notice (PDF) in respect of related findings, many of which are disputed by him. Mr Howson made a statutory reference to the Upper Tribunal and the hearing of his reference is scheduled to start on 16 February 2026.
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