Heathrow's Bold Expansion & Viasat's Strategic Split

Heathrow Airport unveils a £49bn expansion plan, aiming to build a third runway. Activist investors urge Viasat to separate its broadband and defense operations. Jaguar Land Rover sees the retirement of its CEO, Adrian Mardell. U.S. envoy Steve Witkoff discusses Gaza with Israel's Netanyahu.

Heathrow Airport has announced an ambitious £49 billion expansion project, which includes the construction of a third runway and altering Britain's busiest motorway. The plan calls on ministers to facilitate the necessary steps for this significant development.

Activist investor Carronade Capital Management, which was founded by a former Elliott Management executive, is urging Viasat to divide its broadband and defense sectors. This move aims to enhance Viasat's competitiveness against Elon Musk's Starlink.

Jaguar Land Rover's CEO, Adrian Mardell, is set to retire after a 30-year tenure, following his three-year leadership role. Meanwhile, U.S. envoy Steve Witkoff met with Israeli Prime Minister Benjamin Netanyahu to discuss escalating humanitarian concerns in Gaza.

(With inputs from agencies.)