Friday newspaper round-up: Post Office, Boeing, Tesla

(Sharecast News) - The former UK boss of Fujitsu, the technology firm whose flawed IT system is at the heart of the Post Office Horizon scandal, received a £2.6m payoff after standing down from the company in 2019, corporate filings suggest. Fujitsu has come under increasing scrutiny during the public inquiry into the Horizon scandal, which led to thousands of people who owned and ran smaller post offices being falsely accused or convicted of theft or fraud between 1999 and 2015. - Guardian Boeing is facing a formal investigation into whether it made sure 737 Max 9 planes were "in a condition for safe operation" after a cabin panel blew off during an Alaska Airlines flight. "This incident should have never happened, and it cannot happen again," the Federal Aviation Administration said, announcing an investigation into whether the planemaker "failed to ensure" the jets complied with safety regulations. - Guardian

Out of stock. Those words may be coming back to haunt shoppers just as it appeared that supply chains were beginning to go back to normal. The boss of shipping giant Maersk warned on Thursday that the "brutal and dramatic" disruption to shipping through the Red Sea caused by Houthi rebel attacks could last for months, raising fears of price rises and empty shelves. - Telegraph

The UK boss of EY, who backed the now-abandoned scheme to split up the professional services group, has been granted another extension to his tenure, allowing him to continue to run the Big Four firm well beyond its mandatory retirement age. Most EY partners are required to step down when they reach 60, but Hywel Ball, 61, has received a one-year extension allowing him to continue in his role until June 2025, when he will be almost 63. - The Times

Tesla last night suspended most car production at its factory near Berlin, citing a lack of components caused by shifts in transport routes because of attacks on vessels in the Red Sea. The American maker of electric cars, which will restrict output in Germany between January 29 and February 11, said that "the armed conflicts in the Red Sea and the associated shifts in ­transport routes between Europe and Asia via the Cape of Good Hope" were leading to "considerably longer transportation times are creating a gap in supply chains". - The Times