The European Central Bank’s main interest rate has hit its highest level since the creation of the euro in 1999 amid the continuing battle against inflation. The Bank’s deposit rate was raised by 0.25 percentage points to 4% at the latest meeting of the governing council, which manages monetary policy for the 20 countries that
Solar panel exports from China grew by 34% in the first half of 2023, with 114 gigawatts (GW) shipped worldwide, compared to 85 GW in the same period last year, according to a new analysis by energy think tank Ember. We need to get them online ASAP. Chinese solar exports represent around 80% of the
Shares in UK-based chip designer Arm Holdings have soared after the firm made its Nasdaq debut on Thursday. The firm’s stock opened at $56.1 (£45.2) per share – 10% above the initial public offering (IPO) price of $51 (£41). Arm, which is still 90.6% owned by Japan’s SoftBank Group, had earlier secured a valuation of
In this article C NVDA AAPL AMZN CAT MMM TSLA Follow your favorite stocksCREATE FREE ACCOUNT A view of a gas station as gas prices are at the highest level from last year in Virginia, on August 16, 2023. Celal Gunes | Anadolu Agency | Getty Images This report is from today’s CNBC Daily Open,
The NHS will receive a £200m boost from the government ahead of the busiest months of the year for them. The winter resilience fund is aimed at supporting the health service so it can attend to patients as quickly as possible amid record waiting lists. Last month, NHS England said 7.6 million people were waiting
Labour has confirmed it would seek to negotiate a returns agreement for migrants with the EU if it wins power, as it accused the government of having “lost control of our borders”. Shadow Cabinet Office minister Nick Thomas-Symonds said the “objective” was to secure a returns agreement to establish “management and control of the system”.
The number of deaths in the Libyan city of Derna could range from 18,000 to 20,000 following catastrophic flooding, according to the city’s mayor. Abdulmenam Al-Ghaithi told al-Arabiya TV today this could be based on the number of wiped-out districts in the city. It came as the King sent a letter of condolence to the
Billionaire Elon Musk has refused to answer Sky News questions about claims he foiled a Ukrainian attack on Russian warships. The businessman behind SpaceX and X, formerly known as Twitter, has been accused of enabling Vladimir Putin by withholding the use of his satellite network. Ukrainian military forces planned to use the Starlink satellites for
Adrian Wojnarowski, Senior NBA InsiderSep 13, 2023, 12:37 PM ET Close Host of The Woj Pod Joined ESPN in 2017 The NBA Board of Governors on Wednesday voted to approve new rules strengthening resting policy rules and punishments for star players that include national TV games, in-season tournament games and sitting out multiple All-Stars together
In this article GOOGL Follow your favorite stocksCREATE FREE ACCOUNT Google workers walk outside of Google headquarters in Mountain View, Calif., Thursday, April 12, 2012. Google Inc. said Thursday that it earned $2.89 billion, or $8.75 per share, in the first quarter. That’s up from $1.8 billion, or $5.51 per share, a year earlier. (AP
Sep 13, 2023, 09:28 AM ET The NFL Players Association’s new executive director has called for the league to change all of its field surfaces to natural grass in the wake of Aaron Rodgers‘ season-ending injury. Rodgers suffered a torn Achilles tendon on the fourth play of the Jets‘ season Monday night, spoiling the superstar
A Chinese media outlet is reporting that EV automaker NIO is recruiting the help of battery systems manufacturer, SVOLT Energy Technology Co., Ltd. Several sources state that NIO is recruiting the assistance from SVOLT to assist in the development of its own in-house large cylindrical EV batteries, which has reportedly decelerated as of late. It’s
The chair of the Commons’ defence committee, Tobias Ellwood, has resigned from his role following criticism over a video he posted on social media, Sky News understands. The Tory MP, who had been the chair of the cross-party group since 2020, came under pressure to quit after sharing the clip on X, the platform formerly
Fatih Birol, Executive Director of the International Energy Agency (IEA), poses for a photograph during an interview with AFP at the Africa Climate Summit 2023 at the Kenyatta International Convention Centre (KICC) in Nairobi on September 4, 2023. Simon Maina | Afp | Getty Images Demand for fossil fuels like oil, gas and coal will
Sara Sharif’s father, stepmother and uncle have been arrested on suspicion of murder in connection with the death of the 10-year-old girl. In a statement, Surrey Police detective superintendent Mark Chapman said: “Two men, aged 41 years and 28 years, and a woman, aged 29 years, were arrested on suspicion of murder after disembarking a
Kanye West is being sued by a former employee who claims he was forced to work in dangerous conditions and sleep on the floor of a property the rapper was renovating. Tony Saxon claims he is owed $1m (£800,000) in unpaid wages and loss of earnings after working as a project manager, full-time security, and
In this article AAPL Follow your favorite stocksCREATE FREE ACCOUNT Tim Cook, CEO of Apple, during an event at Apple Park campus in Cupertino, California, Sept. 12, 2023. David Paul Morris | Bloomberg | Getty Images Apple on Tuesday announced iOS 17 will be available for users to download for free on Sept. 18. The
UK-based chip designer Arm Holdings has secured a $54.5bn (£43.6bn) value ahead of its eagerly anticipated return to the stock market later on Thursday. Shares in the firm, majority-owned by Japan’s SoftBank Group, are scheduled to start trading today on the Nasdaq in New York. High demand from investors meant it was able to sell
Amazon Web Services (AWS) has signed a memorandum of understanding with ISRO and IN-SPACe to support space-tech innovations through cloud computing. The collaboration with ISRO and the Indian National Space Promotion and Authorization Centre (IN-SPACe) is aimed at giving space startups, research institutes and students access to cloud technologies through AWS Activate for new solutions
Three adults who British police want to speak to in connection with the death of Sara Sharif are returning to the UK from Pakistan. Her father Urfan Sharif, stepmother Beinash Batool and uncle Faisal Malik were the subject of an international manhunt. Sara, who was 10 years old, was found dead in her home in
The Range, the value retail chain, has struck a deal to buy the Wilko brand from its collapsed rival’s administrators. Sky News has learnt that The Range, founded and owned by Chris Dawson, has agreed to pay in the region of £5m for the Wilko name. The deal is expected to be announced later on
A convicted murderer who broke out of prison by “crab-walking” over the walls has been caught after a nearly two-week-long manhunt. Danelo Cavalcante broke out of Chester County Prison in Pennsylvania on 31 August. CCTV showed the 34-year-old stretching himself between a pair of parallel walls from the prison’s recreation yard in order to climb
Sep 13, 2023, 06:49 AM ET MELBOURNE, Australia — A review of the thoroughbred, harness and greyhound racing industry in Australia’s state of Victoria has detailed multiple allegations of physical and sexual abuse over a period of decades, with victims including children as young as 12. Until the 1990s, it was common practice in Australia
It takes just minutes for the scenes to turn grim: a dirty trap house, a drug user injecting scabbed feet, a tiny baby crawling amid the filth. This is Trapping, a new British film starring MOBO-winning drill rapper Abra Cadabra and produced by filmmakers and grime pioneers Femi Oyeniran and Nicky “Slimting” Walker. Later this
At least 30,000 people have been displaced in the town hardest hit by floods in Libya. Meanwhile, a minister has said 5,300 bodies in the country’s east have been recovered – with the number of fatalities expected to rise significantly. Officials are appealing for international help, and have warned Libya doesn’t have the necessary experience
In late August, Hurricane Idalia touched down on the Gulf side of Florida, resulting in significant damage and power outages throughout the Southeast United States. Unfortunately, natural disasters like this have become all too common as a symptom of climate change, so it’s important to stay prepared. Energy storage solutions provider BLUETTI recognizes the dangers
In this article BP.-GB Follow your favorite stocksCREATE FREE ACCOUNT Bernard Looney, CEO of BP, speaks during the 2023 CERAWeek by S&P Global conference in Houston, March 7, 2023. F. Carter Smith | Bloomberg | Getty Images The chief executive of energy giant BP is set to resign after less than four years on the
The Conservatives reportedly dropped two potential candidates to become MPs after MI5 warned that they could be spies for China. The security service contacted the Tory Party last year and in 2021 advising the pair should not be included on the central list of candidates, according to The Times. The newspaper reported the pair had
In this article AAPL Follow your favorite stocksCREATE FREE ACCOUNT Where media and analysts could hold and try out the iPhone 15 on Tuesday after it was announced. CNBC/Kif Leswing Apple announced its new iPhones for 2023 on Tuesday at its headquarters in Cupertino, California. This year’s models are called the iPhone 15. There are
Associated Press Sep 12, 2023, 12:02 PM ET Horse racing’s federally created oversight panel found no single cause of death among 12 horses at Churchill Downs this spring, but recommends further action and analysis to mitigate risk at the home of the Kentucky Derby, according to a report released Tuesday. The Horseracing Integrity and Safety
The head of BP has suddenly resigned following allegations over “personal relationships with colleagues”. Bernard Looney’s departure as chief executive of the British energy giant comes less than four years after he was appointed to the role. The 53-year-old, who was paid more than £10m in wages, bonuses and other benefits last year, is said
Volvo’s electric truck lineup (Source: Volvo Trucks) Volvo Energy and UK battery storage company Connected Energy today announced that they’ve signed a letter of intent to turn used Volvo EV batteries into new battery storage. A second life for used Volvo EV batteries The two companies are going to jointly develop a battery energy storage
In this article MATIC.CM= SOL.CM= BTC.CM= Follow your favorite stocksCREATE FREE ACCOUNT Jakub Porzycki | Nurphoto | Getty Images The price of bitcoin bounced on Tuesday, reversing losses from the previous day that were driven by fears around FTX liquidations. Bitcoin was last higher by 4.5% at $26,185.72, according to Coin Metrics. On Monday, bitcoin