Seoul-headquartered LG Electronics Inc. is pulling out of the global solar panel business. The decision was approved yesterday by the LG board of directors in South Korea. Competition with Chinese rivals’ lower prices has made it hard for LG to compete. John I. Taylor, senior vice president of LG Electronics USA Inc., explained the reason to
In this article GS The pump of a hydrogen refueling point at a gas station in Berlin, Germany, on Wednesday, Aug. 25, 2021. Krisztian Bocsi | Bloomberg | Getty Images Hydrogen has an important role to play in any transition to net-zero and its generation could develop into a market worth over $1 trillion a
Russia has launched an invasion of Ukraine after President Vladimir Putin ordered a “specialised military operation” in the Donbas region. US President Joe Biden denounced the “unprovoked and unjustified” attack on Ukraine and said the “prayers of the world” were with Ukraine – as Sky News heard explosions in Kyiv and Kharkiv. Ukraine’s foreign minister
In this article BTC.CM= Bitcoin on a mound of gold. bodnarchuk | iStock Editorial | Getty Images A key investment case for bitcoin is deteriorating as geopolitical uncertainty and rising inflation hammer cryptocurrency prices. The price of bitcoin fell to a two-week low Tuesday after Russian President Vladimir Putin ordered troops into Donetsk and Luhansk,
The attorney general for Texas has said giving transition care to minors is child abuse under the state’s laws. Ken Paxton said that medical care such as puberty blockers, hormone therapy and gender-affirming surgeries “must be halted”. He said the Texas Department of Family and Protective Services “has a responsibility to act accordingly”. Mr Paxton
Rishi Sunak has been urged by the IMF to consider raising taxes on those “who have benefited most from the pandemic” as it warned of inflation risks facing the UK economy. It suggested that levying “windfall or wealth taxes” now could be one way for the chancellor to address “demand-supply imbalances” when he unveils latest
The Queen has held her weekly telephone audience with the prime minister despite having COVID-19, Buckingham Palace said. The monarch, 95, has been suffering mild COVID symptoms after testing positive for the virus on Sunday. A Buckingham Palace spokesman said: “Her Majesty did speak to the prime minister this evening.” On Tuesday, she cancelled her
The asteroid which killed nearly all dinosaurs struck the Earth during the spring, according to new research. To reach their conculsions, researchers searched parts of North Dakota in the US to find fossilised paddlefishes and sturgeons that were killed when the asteroid made impact with Earth. They used powerful X-rays and carbon isotope records of
Politicians ‘rap’ about getting the deficit down, ahead of next week’s Budget. Live coverage from 6am on March 19 on Sky News. SUBSCRIBE to our YouTube channel for more great videos: http://www.youtube.com/skynews Follow us on Twitter: https://twitter.com/skynews and https://twitter.com/skynewsbreak Like us on Facebook: https://www.facebook.com/skynews For more great content go to http://news.sky.com and download our apps:
CNN’s Jon Sarlin explores the different ways that Facebook has kept competitors at bay — and why that could now spell trouble. Produced by Jon Sarlin #CNN #Business #Facebook CNN Business brings you the latest news about the companies, personalities, and innovations that are driving business forward. Interested in more of CNN Business? Subscribe to
Tesla announced a new investment to expand production at Gigafactory Shanghai on the road to achieving a production capacity of 1 million electric cars per year at the factory. Last year, CEO Elon Musk disclosed that Gigafactory Shanghai has now surpassed Fremont factory in production capacity, and Tesla has made the Chinese factory its new main
A summer wheat harvest in Chernihiv, Ukraine, on Thursday, Aug. 10, 2017. Vincent Mundy | Bloomberg | Getty Images Oil and gas prices are set to spike further as the Russia-Ukraine crisis escalates, but the impact on energy won’t be the only ramification. From wheat to barley, and copper to nickel, analysts tell CNBC that
Sir Elton John is still standing after a reported emergency on his private jet during a journey to New York. The singer’s plane is said to have suffered a hydraulic failure on Monday, causing the pilot to turn around and attempt to land back in the UK. However, the plane twice aborted landing as it
Rep. Suzan DelBene, D-Wash. San Francisco Chronicle/Hearst Newspapers via Getty Images | Hearst Newspapers | Getty Images A bipartisan group of 30 lawmakers is urging President Joe Biden to push European leaders to alter language in their proposed Digital Markets Act so that it does not unfairly target U.S. tech companies. In a letter sent
Robert Pattinson has confessed to finding himself distractingly handsome as the new Batman. “It’s funny, you kind of have this split personality moment,” he told Sky News, of playing the masked super-hero. “You look in the mirror and go, ‘Daaaamn’. And then you’re like, ‘Wait, hold on. That’s me!'” It has been a long wait
Home Secretary Priti Patel has received a demand to review the events around the resignation of Metropolitan Police commissioner Dame Cressida Dick. Scotland Yard’s deputy commissioner Sir Stephen House revealed he has written to Ms Patel about the controversial circumstances of his boss’s departure. He claimed that “due process” was not followed over Dame Cressida’s
A stalker who trekked 23 miles to Emma Raducanu’s home and stole her father’s shoe as a souvenir has been handed a five-year restraining order. Amrit Magar was found guilty of stalking the 19-year-old British tennis star between November and December last year. Bromley Magistrates’ Court heard how the 35-year-old went to the world number
Ukraine has brought in emergency measures and told its citizens in Russia to flee the country as fears of a large-scale invasion by President Vladimir Putin’s troops mount. In further ominous signs, Moscow began evacuating its Kyiv embassy and the leaders of two Russian-backed separatist-controlled regions in eastern Ukraine asked Mr Putin for military help
President Vladimir Putin has said Russia is still open to diplomacy but will put its national security interests first. He said the country would continue to bolster its military amid a “difficult international situation”. In a video statement released to commemorate the annual Defender of the Fatherland Day, Mr Putin appeared to indirectly address the
Studies and speculations have gone hand in hand as we continue to look for planets that can support life. Several light-years away from Earth, scientists know a spot where all speculations could come true. The TRAPPIST-1 system is under the focus as it is “an extraordinary collection of 7 Earth-size worlds” orbiting a red dwarf