Oil prices could stay at higher levels in the years to come as demand rebounds while supply remains tight, according to Goldman Sachs’ head of energy research. Damien Courvalin, who is also a senior commodity strategist, said the market fundamentals warrant higher prices and that the bank’s forecast for Brent crude is $85 per barrel
QINGDAO, China — The global chip shortage could persist for another two to three years before ending, the President of Hisense, one of China’s largest TV and household goods makers, told CNBC. Industries from consumer electronics companies to automakers are dealing with a shortage of semiconductors. This has led to shortage of products such as
Former US president Bill Clinton, 75, was admitted two days ago to a hospital in California with a “non-covid infection,” his spokesman has said. “On Tuesday evening Former President Bill Clinton was admitted to UCI Medical center for treatment of a non-covidinfection,” spokesman Angel Urena said on Twitter. “He is on the mend, in good
Fans around the world had been waiting since 2015 to hear new music from Adele and her new single Easy On Me was finally released overnight, causing a social media meltdown. From the queen of ballads, it is an instant classic and was met with tears of excitement from the fans who spoke to Sky
Fully vaccinated passengers and children arriving in England from non-red list countries can take a cheaper lateral flow test from 24 October instead of a PCR test. The government last week said it would switch from arrivals having to take a pricey PCR test on the second day after arriving from a non-red list country
The government wants to change how frequently overseas HGV operators can deliver in the UK to help solve the current supply chain problems. A consultation on extending “cabotage” rights will be launched on Friday to try to shore up supply chains and prevent shops running out of goods or increasing prices due to an HGV
3:36 PM ET Former UFC light heavyweight champion Jon Jones is not currently allowed inside the confines of his longtime mixed martial arts gym following an arrest last month in Las Vegas. Jackson Wink MMA spokesperson James Hallinan wrote in a statement to ESPN that Jones is “temporarily suspended” from the Albuquerque, New Mexico, gym
Boots enjoyed a bumper year thanks to booming sales of COVID-19 tests, according to its latest company results – despite footfall levels on the high street still being weaker than they were before the pandemic. In the 12 months between August 2020 and August 2021, sales topped £34bn at parent company Walgreens Boots Alliance (WBA).
Butchers and abattoir workers from overseas will be granted seasonal worker visas to deal with the backlog of pigs that need to be slaughtered, the government has announced. Agriculture Secretary George Eustice said about 800 pig butchers from overseas are needed to avoid a mass cull of up to 150,000 of the animals. He expects
8:15 AM ET The New York Islanders are going to win the 2022 Stanley Cup. “Please God, no,” wrote reader “Hockey Island,” whose Twitter profile includes an image of the team’s previous four championship banners from the 1980s. People like Mr. Island understand that my predicting the Stanley Cup winner is usually the kiss of
Espen Andersen Braathen has been charged with five murders after an attacker with a bow and arrows went on a rampage in a Norwegian town. Authorities say Wednesday’s incident in Kongsberg – about 41 miles southwest of Oslo – “appears to be an act of terrorism” which had targeted “completely random” people. Here’s what we
Tesla has released a new mobile app update with a few new small features, but it also shows that the automaker has made some progress toward delivering a remote live view from Autopilot cameras on your car. The new update, v4.2, introduces new bigger widgets to iOS and some new Powerwall features Improvements to larger
Prince William photographed during a visit to Dulwich Hamlet FC in south London on September 23, 2021. Kirsty O’Connor – WPA Pool | Getty Images Entertainment | Getty Images Prince William appears to have taken a swipe at the space tourism espoused by some of the world’s most high-profile billionaires. Speaking to the BBC, William
Recent data from LinkedIn shows the skills that are most in-demand as the labor market attempts to slowly regain its footing after the steep decline caused by Covid-19. Aytac Unal | Anadolu Agency | Getty Images Microsoft announced Thursday it will shut down its local version of LinkedIn in China. LinkedIn was the last major
Maintenance of the International Space Station (ISS) can become hectic for astronauts. So, NASA has devised a way to help astronauts with their chores. Astrobee, a free-flying robotic system assistant, is NASA’s new addition onboard the ISS. The purpose of this robot is to undertake routine tasks so that astronauts have ample time to spare
Government plans to publish league tables for GP surgeries and allow patients to rate their performance via text message do not “make any sense to me whatsoever”, the head of the Royal College of GPs has told Sky News. Professor Martin Marshall said a new package of support for GP surgeries in England, which ministers
Pure Gym, Britain’s biggest health and fitness club chain, is close to abandoning a £1.5bn stock market listing amid growing signs of jitters among investors. Sky News has learnt that Pure Gym, which is majority-owned by the private equity firm Leonard Green & Partners, could decide as soon as this week to shelve its proposed
The killings of five people in Norway by a man armed with a bow and arrows “appears to be an act of terrorism”, the country’s security agency has said. Four women and one man were killed during the rampage in Kongsberg, with a police officer among others left injured. A statement issued by PST, Norway’s
Insulate Britain has announced it will “suspend its campaign of civil resistance” until 25 October, in an open letter written to Prime Minister Boris Johnson. The campaign group has been causing chaos by blocking major roads around London. Police have made multiple arrests during the demonstrations, with angry motorists often clashing with protesters. Several injunctions
Mars is quite similar to Earth, as per a NASA scientist. In a video interview, astrobiologoist Dr. Becky McCauley Rench said that the Red Planet wasn’t as dry always, as we see it today. As per NASA’s own website, “Mars, like Earth, has seasons, polar ice caps, volcanoes, canyons, and weather.” Signs of ancient floods