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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Rick And Morty star Justin Roiland has been accused of sexual assault and using his fame to pursue young fans, it has been claimed. Earlier this year, US prosecutors dropped charges of domestic violence involving an ex-girlfriend against the co-creator of the Adult Swim animated series. The new allegations come in a report by NBC
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
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,
Jenna Laine, ESPN Staff WriterSep 13, 2023, 06:30 AM ET Close Jenna Laine covers the Tampa Bay Buccaneers for ESPN. She started covering the Bucs for ESPN in 2016, but she has covered the team since 2009. Follow Jenna on Twitter: @JennaLaineESPN. On Dec. 4, 2022, quarterback Josh Johnson, then a member of the Denver
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
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 $5.51 per share, a year earlier. (AP
Deloitte is planning to cut more than 800 jobs in the UK, sources say. The company, one of the ‘big four’ accountancy firms, is considering the move as part of a cost-cutting restructuring. In a statement to Sky News, Deloitte confirmed some roles were potentially at risk of redundancy, but did not go into specifics.
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Electrification specialist Lightning eMotors continues to help electrify the commercial vehicle industry around the US, where all of its EVs are developed and assembled. Today, the company announced that the St. Louis Lambert International Airport (STL) has purchased several ZEV4 electric shuttle buses that will soon transport travelers between terminals. Lightning eMotors ($ZEV) designs, engineers, and
Hyundai is taking a page from Tesla as it plans to model a new EV production method after its Giga Casting. The new process,”hypercasting,” can significantly cut costs while boosting output. According to an exclusive report from the Korean newspaper Hankyung, Hyundai’s new EV production method is inspired by Tesla’s Giga Casting. The process involves
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
AYRO, an electric mini-truck maker based in Round Rock, Texas, has just announced the start of production at its local factory. The company’s first vehicle, known as the AYRO Vanish, is an electric utility truck with a modular design intended for a wide range of urban uses. The company has begun with low-rate initial production
Tesla has now officially launched Powerwall 3 on its website and released all the specs – other than the battery chemistry used. Last week, we reported on Tesla starting Powerwall 3 installations in the US despite having yet to launch the product on its website officially. In an overnight update, Tesla has finally introduced the
Amazon appears to be throwing in the towel for its ambitious electric cargo bike delivery in NYC, recently putting its large cargo e-bike depot up for lease after letting its fleet of e-bike vans sit idle on the roof. Electric cargo bikes designed for package delivery have become an increasingly common solution for last mile
Tesla (TSLA) is still the most shorted stock out of all the US large-caps, and Elon Musk suspects that Bill Gates still has a large position against the company. Shorts, people betting against the stock of a company, have long played a part in Tesla’s history on the stock market. Throughout the years, Tesla was