Sunak previously described the idea of a windfall tax on oil and gas majors as “superficially appealing” but a decision that would ultimately deter investment. Jonathan Brady – Pa Images | Pa Images | Getty Images LONDON — U.K. Finance Minister Rishi Sunak has imposed a windfall tax on oil and gas majors as the
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5:10 PM ET D’Arcy MaineESPN.com Most tennis fans didn’t know Leolia Jeanjean‘s name prior to the French Open. Even many of her peers didn’t know much about her going into the event. After all, the world No. 227 had never played in the main draw of any tour-level event, let alone a major, and had
In this weekly series, CNBC takes a look at companies that made the inaugural Disruptor 50 list, 10 years later. Disruptive companies have shaped the ever-growing consumer packaged goods industry in recent years, from the rise in plant-based products from companies like Beyond Meat and Impossible Foods to an increased focus on personal care products
4:30 PM ET Andrew LopezESPN Zion Williamson has been cleared in his return to play progression without any restrictions, the New Orleans Pelicans announced Thursday afternoon. The announcement clears the way for Williamson to go through offseason workouts unrestricted this summer as he prepares for the 2022-23 season. Williams missed the entire 2021-22 season after
Sky News’ Special Correspondent Alex Crawford is in Bakhmut, a town in the heart of the Donbas region in Ukraine where evidence of new attacks are cropping up. The Russian forces are targeting the centres of heavily built up residential areas. #SkyNews #Ukraine #Russia #frontline For the latest developments in Ukraine: https://qrcode.skynews.com/skynews/ukraineblog SUBSCRIBE to our
Audience members at a ???-??c (Kis-Kis) concert in St. Petersburg were seen chanting “F**k the war!” according to a video shared online, which was verified by CNN. #CNN #News
Satya Nadella, chief executive officer of Microsoft Corp., appears at a panel session at the World Economic Forum in Davos, Switzerland, on May 24, 2022. Hollie Adams | Bloomberg | Getty Images Microsoft is gearing up to pursue a more conservative approach to hiring in a part of the business that includes some of its
Questions are being asked about how much time elapsed before police stormed a Texas primary school classroom to end a rampage by a gunman inside. Texas Department of Public Safety director Steve McCraw said that 40 minutes to an hour had elapsed from when Salvador Ramos first opened fire on the school security officer, to
The Queen has allowed the world to see “the fun behind the formality” of her royal life in home movies that have been released for the first time. The clips, which span her life from being a baby pushed in a pram by her mother to her coronation in 1953 at the age of 27,
Sky’s Beth Rigby speaks to Conservative minister Jacob Rees-Mogg about the cost of living crisis, partygate, and not being able to cook. Plus, Beth’s analysis of the week’s big stories and more of your emails with producer Mollie Malone. Follow the podcast on Apple Podcasts, Google Podcasts, Spotify, Spreaker Advertisement
Amber Heard made an emotional return to the stand as Johnny Depp’s libel trial against her entered its final stretch, reminding jurors she is “a human being” and saying: “I just want Johnny to leave me alone.” In her second round of direct evidence in the high-profile case on Thursday, the actress was tearful as
Since the launch of Disney+, Star Wars fans have been treated to wildly successful shows such as The Mandalorian, The Bad Batch and The Book Of Boba Fett. But for several years, fans were screaming one name, almost in unison – Obi-Wan. Ewan McGregor’s portrayal of the bearded Jedi master in the Star Wars prequels
Rishi Sunak, a devotee of Nigel Lawson, believes in a smaller state, curbing borrowing, lower taxes and combating inflation. Yet again, he delivered a major fiscal announcement where he did the opposite. Today’s £15 billion spending splurge expanded the role of the state with the advent of one-off financial transfers, could stoke inflation, add to
The 18-year-old who shot his grandmother before killing 21 people – including 19 children – at a Texas primary school is not believed to have left a manifesto or note explaining his actions. Those who knew him say he was bullied and didn’t have many friends. But messages Salvador Ramos sent to strangers online have
Tesla has delivered four Megapacks to a giant new Bitcoin mining facility in Texas that is going to be the first to be powered by the automaker’s solar and batteries. Last month, the project was announced as a partnership between Tesla, Blockstream, and Jack Dorsey’s Blocks (formerly Square). The idea is to build a new
Russian President Vladimir Putin delivers a speech during a ceremony honouring the country’s Olympians and Paralympians at the Kremlin in Moscow, Russia April 26, 2022. Maxim Shemetov | Reuters DAVOS, Switzerland — Russian President Vladimir Putin‘s bargaining position is “not as strong as he pretends” and Europe has leverage against him, according to billionaire investor
5:45 AM ET Timothy Bradley Jr. Gervonta Davis will defend his WBA “regular” lightweight title against Rolando Romero on Saturday in the main event of a Premier Boxing Champions card at Barclays Center in Brooklyn, New York (Showtime PPV, 9 p.m. ET). Davis (26-0, 24 KOs), 27, of Baltimore, is coming off a decision victory
The National Aeronautics and Space Administration, the USA’s space agency, has conducted several probes and expeditions over the years to find answers to several hidden answers. In 1977, NASA launched Voyager 1 and Voyager 2 to fly across the solar system and give humanity unprecedented access to the world far away from us. On each
Black holes are thought to reside at the centre of most galaxies, including our Milky Way, holding important clues to the functioning of these giants. A group of researchers has now found a previously overlooked trove of massive black holes in dwarf galaxies. Black holes are usually detected when they actively grow by consuming gas
Defence and Security Analyst Professor Michael Clarke analyses the battle for Severodonetsk, an eastern Ukrainian city in the Luhansk Oblast. The city is north east of the Siverskyi Donets river, which causes many problems for Ukrainian forces travelling east into the city, as the remaining two bridges have been taken by the Russian military. #SkyNews
The US company Planet is taking revealing satellite images of the Russian invasion of Ukraine. CNN’s Gary Tuchman reports. #CNN #News
Eight million of the poorest UK households will receive a one off “cost of living payment” of £650 – and there will be an effective windfall tax on the profits of oil and gas companies, the chancellor has announced. Rishi Sunak said the package of support for households is worth over £5bn and will come
Two more Tory MPs have withdrawn their support for Boris Johnson in the wake of Sue Gray’s report into Downing Street lockdown parties. The announcements by John Baron and David Simmonds follow a similar call by their backbench colleague Julian Sturdy on Wednesday. Mr Baron said the findings by senior civil servant Ms Gray as
Former reality TV star Josh Duggar has been jailed for about 12-and-a-half years after he was convicted of receiving child abuse images. Duggar was arrested in April 2021 after a Little Rock police detective discovered files were being shared by a computer which was traced to him. Investigators testified that images depicting the sexual abuse
Boris Johnson’s chief of staff has brushed off the suggestion that a new package of cost of living help is timed to deflect attention from Sue Gray’s partygate report. Steve Barclay said that the government did not control when the report – laying bare drunkenness and partying in Downing Street – was published and that
The president of the World Bank has warned that the war in Ukraine could spark a global recession. David Malpass pointed to the conflict’s role in pushing up food and energy prices. He said Germany’s economy, the world’s fourth largest, has already slowed significantly due to higher energy prices. The war has also led to
4:00 PM ET Colin Kaepernick, who last played professional football in 2016 — the year he started kneeling during the national anthem to protest racial injustice, is scheduled to work out this week for the Las Vegas Raiders, league sources told ESPN. It will mark Kaepernick’s first workout with an NFL team since being exiled,
Nvidia CEO Jensen Huang speaks during a press conference at The MGM during CES 2018 in Las Vegas on January 7, 2018. Mandel Ngan | AFP | Getty Images Nvidia reported fiscal first-quarter earnings on Wednesday, beating analyst expectations for sales and earnings, but the stock dropped more than 10% in extended trading at one
The father of one of the victims of the Texas school massacre wanted to charge into the building because the police officers were waiting outside and weren’t ” doing anything like they are supposed to”. Officials have admitted that 18-year-old Salvador Ramos was in the school for up to an hour, during which time he
Just over a year after being founded, intelligent EV startup JIDU is on the cusp of officially unveiling the concept of its first vehicle, referred to as the “Robocar.” Following delays due to COVID-19 restrictions in China, JIDU announced the EV concept will debut at its ROBODAY event in June. In January of 2021, Baidu
WASHINGTON — The U.S. has dropped the ball on crypto regulation, according to Securities and Exchange Commissioner Hester Peirce, and she says the knock-on effects of that failure keep her up at night. “There’s a lot of fraud in this space, because it’s the hot area of the moment,” Peirce told CNBC on the sidelines
In this article TWTR Elon Musk, during an event at SpaceX headquarters in Hawthorne, California, U.S., on Thursday, Oct. 10, 2019. Bloomberg /Getty A new filing reveals that Elon Musk plans to front $33.5 billion in his bid to take over Twitter. Musk is in talks with Twitter founder and former CEO Jack Dorsey and
Foreign Secretary Liz Truss will meet armed forces personnel in Bosnia and Herzegovina to re-affirm the UK’s commitment to peace and stability in the western Balkans. Ms Truss will warn against “appeasement” of Vladimir Putin in the face of malign Russian influence in the region as the war with Ukraine continues. She will use a