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
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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
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,
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
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
Eddie Maisonet Sep 13, 2023, 12:15 PM ET Despite being arguably the closest person to Israel Adesanya in his fight camp, City Kickboxing head trainer Eugene Bareman couldn’t identify from cageside what many observers called out after his fighter’s loss to Sean Strickland at UFC 293 on Saturday. “There’s a very small percentage, less than
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
Deloitte is planning to cut more than 800 jobs in the UK, sources say. The company, one of the ‘big four’ accountancy firms, is considering the move as part of a cost-cutting restructuring. In a statement to Sky News, Deloitte confirmed some roles were potentially at risk of redundancy, but did not go into specifics.
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
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
In this article MGM Follow your favorite stocksCREATE FREE ACCOUNT The Park MGM hotel and casino in Las Vegas, July 28, 2023. Bridget Bennett | Bloomberg | Getty Images MGM Resorts on Wednesday said that a cyber incident that has significantly disrupted properties across the United States for the past three days represents a material
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
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
Mike Coppinger, ESPNSep 13, 2023, 07:44 AM ET For the second time in four years, Oscar De La Hoya’s Golden Boy Promotions finds itself in a legal battle with its top star. Canelo Alvarez, boxing’s No. 1 attraction, was released from his 11-fight, $365 million deal with Golden Boy in November 2020 after he sued
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
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