High interest rates, US bank failures and geopolitical divisions in Europe are reasons why the world economy is expected to grow less than 3% in 2023, the chief of the International Monetary Fund (IMF) has said. The growth is down from 3.4% last year, and even further below the average of 3.8%, increasing the risk
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7:00 AM ET We’re one week into the 2023 season and there’s been plenty of excitement from the impact of all the new rules to Aaron Judge continuing last season’s home run tear to the Rays being the only team still undefeated through seven days of play. Is your favorite team off to a hot
Illegal immigrants will have their bank accounts shut down in a new crackdown by the Home Office – who have been accused of “demonising” asylum seekers. The Home Office announced it began sharing data with the financial sector on Thursday so it can refuse to open new bank accounts and close existing accounts of people
The logo of cryptocurrency exchange Binance displayed on a phone screen. Jakub Porzycki | NurPhoto via Getty Images Binance’s Australian derivatives license was canceled at the crypto exchange’s own request, the Australian Securities & Investments Commission said Thursday, after the regulator had begun a “targeted review of Binance” in February. Beginning April 14, Binance’s derivative
EY, the big four accountancy firm, has ended the secondment of one of its employees to the CBI as the business lobbying group grapples with an unfolding crisis over allegations of sexual misconduct. Sky News has learnt that EY has opted not to renew the secondment of a staff member who was serving as an
Humza Yousaf has admitted the governance of the SNP “was not as it should be”. Scotland’s new first minister also said with the removal of power couple Nicola Sturgeon and Peter Murrell from the top of the party, it would allow an opportunity to “have a different way of doing things”. Mr Yousaf said it
A man has pleaded guilty to providing actor Michael K Williams with fentanyl-laced heroin, which resulted in his death in 2021. Irvin Cartagena, 39, sold the drugs in “broad daylight” in New York City, according to lawyer Damien Williams, who said he was “feeding addiction and causing tragedy”. “In doing so, he dealt the fatal
Some of the UK’s biggest and best-known businesses say they are closely watching the unfolding crisis at the CBI. Sky News contacted more than 30 FTSE 100 and FTSE 250 companies on Thursday and found that many of those who are CBI members are keeping their membership – for now. It comes after a number
Robert F Kennedy Jr, the nephew of the assassinated former president John F Kennedy, has announced he will challenge Joe Biden to be the Democratic nominee for the White House next year. He has filed a statement of candidacy with the Federal Election Commission, becoming the second person to announce themselves as a challenger to
The head of the Royal Air Force signalled he was ready to “bend” his service out of shape and test “the limit of the law” to improve diversity, according to an informed source and the leaked transcript of an internal meeting. Air Chief Marshal Sir Mike Wigston has always maintained that efforts under his leadership
Emmanuel Macron has told Chinese leader Xi Jinping that the war in Ukraine has hit stability and ended decades of peace in the country. The French president is visiting Beijing alongside European Commission President Ursula von der Leyen in an attempt to use Xi’s influence over Russia to promote a peace settlement. Mr Macron said
Several tornadoes have battered the US state of Arkansas, killing at least 18 people and causing major damage. One person was killed and dozens injured after a theatre roof collapsed in Illinois at a packed heavy metal gig. Full story: https://news.sky.com/story/us-tornadoes-three-dead-and-dozens-injured-as-twisters-causes-widespread-destruction-including-roof-collapse-during-concert-12846927 #usweather #tornado SUBSCRIBE to our YouTube channel for more videos: http://www.youtube.com/skynews Follow us on
Russia has defaulted on its foreign debt because it offered bondholders payments in rubles, not dollars, credit ratings agency S&P has said. #CNN #News
All smartphones in the UK will sound an alarm later this month in emergency test. SOPA Images / Contributor / Getty Images Most U.K. cell phones will sound an alarm for 10 seconds later this month as the government tests a new emergency alert system. A siren will go off at 3 p.m. local time
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The Esso Fawley Oil Refinery, operated by Exxon Mobil, stands in Fawley, U.K., on Thursday, May 14, 2020. Luke MacGregor | Bloomberg | Getty Images The surprise output cut by OPEC and its allies sent oil prices rallying — and analysts say major oil importers like India, Japan and South Korea will feel the most
The average house price continued to rise in March – but at a slower rate than the previous month, according to a closely-watched index. The Halifax House Price Index shows that average prices rose by 0.8% in March – following a 1.2% rise in February, with the typical UK property now costing £287,880. The annual
Italy’s former prime minister Silvio Berlusconi has been diagnosed with leukaemia after he was admitted to hospital, Reuters reports. The 86-year-old was being treated in intensive care at Milan’s San Raffaele Hospital on Wednesday after suffering breathing problems. Reuters cited a source who said he had been diagnosed with leukaemia, confirming what was previously reported
9:50 PM BST Liam Napier It used to be an area with an embarrassment of riches for New Zealand, with powerful, dashing wings, dominant throughout Super Rugby. But with less than six months until Rugby World Cup and with the news of Sevu Reece’s year ending injury, Ian Foster’s cupboard is looking, if not exactly
Nearly 200 Metropolitan Police officers and staff members who have been accused of domestic violence or sexual offences within the past 10 years may face dismissal. Commissioner Sir Mark Rowley, who began the job in September, believes there are hundreds of corrupt officers serving in the force who should not be there. Updating Home Secretary