The UK economy contracted by 0.2% in the third quarter, early official figures show – prompting the chancellor to warn that the “tough road ahead” will require “extremely difficult decisions”. The figure marked the first step towards recession. The Office for National Statistics (ONS) reported a dip in output for September, leaving gross domestic product
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Egyptian prison authorities have intervened medically days after jailed British-Egyptian pro-democracy activist Alaa Abd El-Fattah escalated his hunger strike, his mother said. The nature of the intervention is not known but Mr Abd El-Fattah’s family have expressed fears prison officials will force-feed the activist. The family say this would amount to torture. Mr Abd El-Fattah,
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ISRO announced on Thursday that the payload capability of India’s heaviest LVM3 rocket has been enhanced by up to 450kg with a successful engine test. According to the Indian Space Research Organisation, the CE20 cryogenic engine indigenously developed for Launch Vehicle Mark 3 (LVM3) was subjected to a successful hot test at an uprated thrust level
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Bitcoin hovered just above a two-year low overnight and other cryptocurrencies suffered heavy losses as FTX teetered on the brink of collapse. It had emerged on Wednesday that the Binance exchange had walked away from a non-binding bailout offer of smaller rival FTX – once the sector’s fourth-largest exchange. Binance said: “As a result of
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Binance is backing out of its plans to acquire FTX, the company said Wednesday, leaving Sam Bankman-Fried’s crypto empire on the verge of collapse. The reversal comes one day after Binance CEO Changpeng Zhao announced that the world’s largest cryptocurrency firm had reached a non-binding deal to buy FTX’s non-U.S. businesses for an undisclosed amount, rescuing the
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With the US midterms being held on Tuesday, the Democrats have relied on New York for more than 20 years. But is all that changing? #skynews #usa #america #donaldtrump #midterms #newyork SUBSCRIBE to our YouTube channel for more videos: http://www.youtube.com/skynews Follow us on Twitter: https://twitter.com/skynews Like us on Facebook: https://www.facebook.com/skynews Follow us on Instagram: https://www.instagram.com/skynews
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A lithium-ion battery photographed at a Volkswagen facility in Germany. Lithium-ion batteries are crucial components in electric vehicles. Jan Woitas | Picture Alliance | Getty Images LONDON — A facility described as the U.K.’s “first large-scale lithium refinery” will be located in the north of England, with those behind the project hoping its output will
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