A pump jack at oil well and fracking site situated in cotton field in Shafter. Kern County Education Images | Universal Images Group | Getty Images U.S. oil crossed above $90 on Thursday for the first time since 2014 as demand for petroleum products surges while supply remains constrained. West Texas Intermediate crude futures, the
In this article AMZN Andy Jassy, chief executive officer of Amazon.Com Inc., speaks during the GeekWire Summit in Seattle, Washington, U.S., on Tuesday, Oct. 5, 2021. David Ryder | Bloomberg | Getty Images Amazon will report its fourth-quarter earnings after the bell on Thursday. Here’s what Wall Street expects: Earnings per share: $3.57, according to
There is only one question being asked in Westminster right now: What is going on in Downing Street? When I put it to one of Boris Johnson’s senior allies, their response was simple… the prime minister is “under siege”. They pointed to the series of chaotic resignations from Number 10 over the space of a
US intelligence accusing Russia of planning a fake attack to justify an invasion of Ukraine is “shocking evidence of Moscow’s aggression”, Liz Truss has warned. The foreign secretary tweeted: “This is clear and shocking evidence of Russia’s unprovoked aggression and underhand activity to destabilise Ukraine. “This bellicose intent towards a sovereign democratic country is completely
Two more senior officials are leaving Number 10 in an apparent mass exodus from Downing Street amid the fallout from the partygate scandal. Number 10 revealed on Thursday night that both Dan Rosenfield, the prime minister’s chief of staff, and Martin Reynolds, Mr Johnson’s principal private secretary, are leaving their roles. It came just hours
The Metropolitan Police has announced that a motorist who knocked down a knife wielding attacker with his car in west London has been released without charge. Leon McCaskre died after being hit by the vehicle in Maida Vale, moments after he stabbed his former partner Yasmin Chkaifi to death. The driver of the car, a
Arizona Sen. Kyrsten Sinema, a moderate Democrat, has received backlash from her own party time and time again. In the latest episode of The Point, CNN’s Chris Cillizza explains why that may not be a problem for her.
Tesla has released an updated version of its Supercharger map with many new upcoming stations added and updated timelines for expected completion. The automaker aims to triple the size of its Supercharger network. Every year, Tesla releases an updated version of its Supercharger map on its ‘find us‘ page. With those updates, the automaker adds
In this article SGRE-ES A Siemens Gamesa blade factory on the banks of the River Humber in Hull, England on October 11, 2021. PAUL ELLIS | AFP | Getty Images Siemens Gamesa Renewable Energy has cut its guidance for the coming year after a turbulent period that has seen its market capitalization nearly halve. The
It is hard to think of another day – certainly one outside a recession – when so much bad economic news came in one single torrent. Energy bills up by £700 (with more to come thereafter), interest rates raised, inflation set to exceed 7% for the first time in a generation and now households expected
The leader of Islamic State has been killed during a raid by US special forces in Syria. Abu Ibrahim al-Hashimi al-Qurayshi died by exploding a bomb that killed himself and members of his family as American forces approached a house in the rebel-held province of Idlib, a US official said. He was among at least
The “vast majority” of households will receive £350 of help to take the “sting” out of rising energy bills, the chancellor has announced. Rishi Sunak said 80% of all homes in England will get a £150 discount on their council tax bill in April, while all domestic electricity customers will get £200 in October off
The Bank of England has raised interest rates, slashed its growth forecast and warned that families are about to suffer the biggest fall in living standards since comparable records began three decades ago. On a red letter day in Britain’s cost of living crisis, the Bank said that households will see their post-tax disposable income
Millions of households will see their energy bills rise to a typical £1,971 a year after regulator Ofgem increased its price cap by 54%. The increase, which will on average see bills for 22 million customers on variable gas and electricity tariffs rise by £693, will take effect in April and follows a 12% rise
The films in the running for this year’s BAFTA awards have been announced. Dune, West Side Story, James Bond’s No Time To Die, Belfast and The Power Of The Dog are among the movies up for prizes in 2022, while Lady Gaga, Leonardo DiCaprio and Will Smith are among the acting nominees. You can read
Rihanna has shared a photo of her baby bump after announcing she and rapper boyfriend A$AP Rocky are expecting their first child together. The singer and businesswoman, 33, showed off her growing bump to her 120 million Instagram followers as she stood in a white-tiled bathroom lifting her sports jersey. “How the gang pulled up
A production and storage vessel which can hold up to two million barrels of oil has exploded off the coast of Nigeria with ten crew members on board. The FPSO Trinity Spirit, with can process up to 22,000 barrels of oil per day, was situated near Warri in southern Nigeria when it burst into flames.
Dune has bagged the most nominations at this year’s BAFTA film awards with 11, followed by Netflix western The Power Of The Dog and Kenneth Branagh’s semi-autobiographical Belfast. All three go up in the best film category, along with Adam McKay’s climate-comedy Don’t Look Up and Paul Thomas Anderson’s 1970s drama Licorice Pizza. Dune, which
International Space Station (ISS) is entering its final decade of operational life and NASA is planning to open it for commercial activities. The space agency has detailed the transition plan in a new report. It outlines the steps being taken by NASA to develop “both the supply and demand side” of the low-Earth-orbit commercial economy.
A US intelligence agency said Wednesday that its newest spy satellite successfully launched into orbit atop a reusable SpaceX Falcon 9 rocket. The SpaceX rocket took off at 12:27 pm local time (01:57am IST on February 3) from the Vandenberg Air Force base in California, the National Reconnaissance Office (NRO), which is in charge of