The overnight fall in the value of the pound, descending to its lowest level against the dollar since decimalisation in 1971, matters because of what it says about global market confidence in the UK economy. The plunge in sterling’s value, against a backdrop of a strong dollar globally, gathered speed on Friday following the publication
A man has opened fire on an enlistment centre and another recruitment office has been attacked with Molotov cocktails – after Vladimir Putin ordered the conscription of at least 300,000 men in Russia. The violence comes as the first tranche of people ordered to report for duty arrive at military bases, and it follows a
Workers retrieve boxes at an Amazon fulfillment center on Prime Day in Raleigh, North Carolina, U.S., on Monday, June 21, 2021. Rachel Jessen | Bloomberg | Getty Images Amazon is hosting another Prime Day-like deal bonanza next month, marking the first time it will hold two such events in the same year. The company said
2:34 PM ET Associated Press Tennessee and NC State broke into the top 10 of The Associated Press college football poll Sunday, and Florida State is back in the rankings for the first time in four years. Georgia remained No. 1 and received 55 of 63 first-place votes in the Top 25. No. 2 Alabama
Huck Cycles, a North Carolina electric moped maker, is finding that its off-road optimized electric moped is actually proving quite popular for city riders as well. It’s a surprising finding, considering the bike was originally designed for hunters, campers and other outdoor enthusiasts that wanted a powerful but (relatively) lightweight electric two-wheeler. The bike was
Jose A. Bernat Bacete | Moment | Getty Images The vast majority of Americans support both corporate transparency on climate as well as federal requirements for corporations to disclose their climate data, from emissions to emission reductions to sustainability programs and climate commitments. But although many corporations are improving on these pledges, some sectors are
The Bank of England says it “will not hesitate to change interest rates as necessary” after markets reacted badly to the chancellor’s tax-cutting mini-budget. In a statement, the Bank said it was “monitoring developments in financial markets very closely in light of the significant repricing of financial assets”. It came after the pound fell to
The pound fell to a record low against the dollar overnight, sparking market speculation that the Bank of England may be forced to intervene. A statement from the bank was expected later on Monday after sterling slipped by nearly 5% earlier in the day to $1.0327 – building on fresh 1985 lows seen on Friday
The Royal Navy’s flagship HMS Queen Elizabeth has arrived in New York for its deployment to the United States to host an Anglo-American military conference. The ship dropped anchor within sight of the Statue of Liberty in New York Harbour yesterday. It set sail for the US from Portsmouth on 7 September in place of
The government of India’s Prime Minister Narendra Modi has looked to boost the country’s chipmaking prowess. Money Sharma | AFP | Getty Images India could have a large role to play in the semiconductor industry, analysts say, as the world’s fifth-largest economy looks to boost its domestic chip sector. Along with other countries like the
HMS Prince of Wales has broken down off the south coast shortly after setting sail on what had been billed as a “landmark mission” to the United States. The 65,000-tonne vessel is said to have suffered a “significant technical fault” and is currently being investigated. #skynews #hmsprinceofwales #royalnavy SUBSCRIBE to our YouTube channel for more
Italy’s Democratic Party has conceded defeat in the country’s election after an exit poll suggested far-right leader Giorgia Meloni’s alliance is leading the vote. The Democratic Party said it would be Italy‘s main opposition force after an exit poll indicated Ms Meloni’s Brothers of Italy party would win 22-26% of the vote. The right-wing coalition
Rihanna will perform at the next Super Bowl halftime show, the NFL has announced. The 34-year-old singer shared a photo of her hand holding an American football on Instagram and Twitter. Soon afterwards it was reposted by her record label, Roc Nation, the NFL and Apple Music, which confirmed the news in a tweet. Apple
Rapper Post Malone was admitted to hospital after suffering “breathing difficulties” and has been forced to postpone a gig. The US singer had to cut short a gig he was playing in St Louis, Missouri, last week after he fell into a “hole” for crew and equipment at the edge of the stage and winded
Labour will pledge to “build British industry” through the use of a state-owned investment fund during the second day of the party’s conference in Liverpool on Monday. In her speech today, Rachel Reeves, the shadow chancellor, will set out the party’s industrial strategy, which includes promises to invest in national projects from battery factories to
A freed British prisoner of war who was held by Russian-backed separatists has told Sky News how he was tortured over several days. John Harding said he was used as a “punching bag” by the guards in a holding facility in the self-declared Donetsk People’s Republic in eastern Ukraine. The centre was run by the
Sign me up! The weird and wacky world of Chinese electric vehicles just got even more interesting. That’s because it turns out you can order yourself a fancy-shmancy new electric food truck in the shape of a school bus straight from the other side of the world. And that makes it a perfect addition to
Tesla electric cars photographed in Germany on March 21, 2022. According to the International Energy Agency, electric vehicle sales are on course to hit an “all-time high” this year. Sean Gallup | Getty Images News | Getty Images Electric vehicle sales are on course to hit an all-time high this year, but more work is
Sep 24, 2022 Associated Press BENSALEM, Pa. — Taiba won the $1 million Pennsylvania Derby by three lengths on Saturday for Hall of Fame trainer Bob Baffert. Ridden by Mike Smith, Taiba ran 1 1/8 miles in 1:48.67 and paid $4.80, $3 and $2.60. It was Baffert’s fourth win in the Grade 1 event at
Sep 23, 2022 Ryan Hockensmith Close Ryan Hockensmith is a Penn State graduate who joined ESPN in 2001. He is a survivor of bacterial meningitis, which caused him to have multiple amputation surgeries on his feet. He is a proud advocate for those with disabilities and addiction issues. He covers everything from the NFL and