Another global luxury automaker is cutting jobs after struggling to keep pace as the industry shifts to electric vehicles (EVs). With EVs gaining market share in most major regions, some are starting to get left behind. Aston Martin cuts jobs, delays its first EV (again) Aston Martin announced plans to cut 5% of its workforce
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Coterra Energy shares dropped 3% on Tuesday despite the oil and natural gas producer delivering better-than-expected fourth-quarter earnings late Monday. Capital efficiency was a highlight with output levels above management’s outlook range and capital expenditures near the low end of guidance. Revenue in the three months ended Dec. 31 declined 13% versus the year-ago period
Rep. Jim Jordan (R-OH) is interviewed by FOX and Friends at the U.S. Capitol on Jan. 3, 2025 in Washington, DC. Chip Somodevilla | Getty Images House Judiciary Chair Jim Jordan, R-Ohio, sent subpoenas to eight technology companies asking for more information about their communications with foreign governments over concerns that they seek to “censor
With Donald Trump, it’s all about relationships. Going into this bilateral summit, those around Sir Keir Starmer were stressing that these guys genuinely got on well, they liked each other, and that the prime minister could say things to Mr Trump in private and not get his head blown off. What we saw today was
All eyes have been on Sir Keir Starmer as he held the most consequential news conference of his premiership so far. By Donald Trump’s own admission, Sir Keir’s first trip to Washington as prime minister got off to an “outstanding start”. The love-in between the prime minister and the US president continued on stage, as
Our environment continues to grapple with plastic pollution, with microplastics infiltrating the air, food, and water. Scientists are actively seeking methods to break down this persistent material. A new development has identified bacteria in wastewater that can degrade polyethylene terephthalate (PET), a plastic widely used in packaging and textiles. The discovery has raised hopes of
The Israel Defence Forces has admitted the attacks by Hamas on October 7 2023 were “a complete failure” of Israeli security and the result of many years of planning and deception by the Gaza-based militant group. Announcing some of the findings from a major internal investigation, the Israeli military said “the IDF failed in its
Wow. That was a lot. I had two tactics going in: one – smile at Donald Trump, try to catch his eye because then he might ask you for a question, and I did get called. And two, wear something bright so he sees you in the sea of grey. Well, that worked. The colourful
Princess Eugenie has posted a tribute to Michelle Trachtenberg after the actress’s death. The Gossip Girl and Buffy the Vampire Slayer star, 39, was found dead at her home in New York City on Wednesday. An investigation into her death has been opened but “criminality is not suspected”, police said. In a post on Instagram
Open Extended Reactions Rafael Fiziev will replace Dan Hooker on short notice to face Justin Gaethje in the co-main event of UFC 313 on March 8. UFC CEO Dana White announced the fight Wednesday on Instagram Live. Hooker was originally set to face Gaethje (25-5) in a five-round co-main event at UFC 313 in Las
Stripe announced a tender offer for employees and shareholders on Thursday that values the payments startup at $91.5 billion, the closest the company has been to its peak valuation of $95 billion in 2021. “We very much care about providing good liquidity for employees and existing shareholders,” Stripe co-founder and President John Collison told CNBC’s
The disgraced former chair of the Co-op Bank, Paul Flowers, has been jailed for three years on fraud charges. The 74-year old, who was forced out of the lender in 2013 amid claims of inappropriate expenses and illegal drugs allegations, admitted 18 counts of fraud worth nearly £100,000. Flowers, also a former Methodist minister, committed
Kia recently held its annual EV Day event overseas, and we were one of the select outlets invited to attend in person. During that time, Kia executives outlined the Korean brand’s global EV strategy, which reiterated its unwavering approach to going all-electric, bolstered by several new models that made global debuts, including the Concept EV2,
Jack Dorsey, co-founder of Twitter Inc., speaks during the Bitcoin 2021 conference in Miami, Florida, U.S., on Friday, June 4, 2021. Eva Marie Uzcategui | Bloomberg | Getty Images For over a decade, bitcoin has been lauded as a revolutionary financial asset — decentralized, self-sovereign and resistant to confiscation — all contributing to an astronomical
Ed Woodward, the former Manchester United chief, has been approached about joining the vehicle which owns stakes in clubs including Crystal Palace and Olympique Lyonnais. Sky News has learnt that Mr Woodward, who left Old Trafford in 2022, a year after United’s involvement in the ill-fated European Super League project, is being lined up as
To many, he will always be Superman supervillain Lex Luthor, but with a career spanning six decades, Gene Hackman’s acting CV was as varied as it was long. A former Marine, his work on the screen began with an uncredited TV role in 1961. He would go on to become a Hollywood star – despite
The prime minister has refused to say whether further tax rises will be imposed in the spring statement. Sir Keir Starmer said the government was in the “early stages” of looking at whether tax rises or spending cuts were needed to meet Labour’s self-imposed fiscal rules. He would not say if Ms Reeves is looking
Andrew Tate and his brother Tristan are on a flight from Romania to the United States after a travel ban on them was lifted. They took a private plane from the country to the US on Thursday morning, according to a Romanian official. G4media.ro reported the brothers were on a flight to Florida, citing “airport
Hollywood legend Gene Hackman and his wife have been found dead at their home in the New Mexico city of Santa Fe, police have said. Hackman, 95, and his wife Betsy Arakawa, 64, were found dead with their dog, the Santa Fe County Sheriff’s Office said. A statement to Sky News said: “We do not
A nearly $50,000 electric SUV for just $99 a month? If that sounds too good to be true, it’s because it kind of is. One Honda dealer is promoting a Prologue lease offer for just $99 for 24 months, but you may have a hard time getting your hands on one. Honda Prologue EV listed
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