The soaring cost of living has seen consumers “put the brakes” on their shopping habits, new figures show. The latest retail monitoring from BRC-KPMG revealed sales dipped in April after a sharp downturn in consumer confidence. And separate figures from Barclaycard showed credit card spending on retail and eating out slowed last month as people
US President Joe Biden says he fears Vladimir Putin does not have a way out of the Ukraine war. Speaking in Washington DC on Monday, Biden described the Russian president as “a very calculating man” but without an exit strategy and admitted “I’m trying to figure out what we do about that”. He said Putin
In this article FB NVDA GOOGL TSLA MSFT AMZN AAPL OMAHA, NEBRASKA – APRIL 30: Apple CEO Tim Cook walks through the convention floor at the Berkshire Hathaway annual shareholder’s meeting on April 30, 2022 in Omaha, Nebraska. This is the first time the annual shareholders event has been held since 2019 due to the
Tesla released interesting and rare details about its approach to sourcing lithium, nickel, and cobalt directly from mines instead of through its cell suppliers. This approach is going to be critical as companies fight to secure those minerals for battery production to support electric vehicle growth. While Tesla sources the vast majority of its battery
Bitcoin is off nearly 55% from its November peak, and 40% of holders are now underwater on their investments, according to new data from Glassnode. That percentage is even higher when you isolate for the short-term holders who got skin in the game in the last six months when the price of bitcoin peaked at
Missing prison officer Vicky White and prisoner Casey White have been arrested after being caught following a car chase with fugitive hunters, the US Marshals. Mr White, who was awaiting trial on a capital murder case, disappeared with Ms White after leaving a detention centre in Florence, Alabama. On 29 April, Ms White told colleagues the
Rivian electric trucks are seen parked near the Nasdaq MarketSite building in Times Square on November 10, 2021 in New York City. Michael M. Santiago | Getty Images Tech stocks have gotten hammered across the board in 2022. The downdraft has been particularly brutal for companies that held their market debuts in 2021. Of 53
New laws to outlaw guerrilla-style climate protests that have caused misery for the public are being unveiled in a bumper Queen’s Speech. A new offence of “locking-on”, targeting activists who lock or glue themselves together or to buildings, is planned by Home Secretary Priti Patel. Her crackdown comes in one of 38 new bills, which
Human rights groups say Russian reservists are being contacted in what could be the start of a general mobilisation – an all out war. Vladimir Putin insists only “professionals” will fight the war in Ukraine. But ahead of Victory Day, many Russian’s are fearful of what’s to come. For the latest developments: https://qrcode.skynews.com/skynews/ukraineblog SUBSCRIBE to
CNN’s Nick Paton Walsh sits down with Ukrainian Marine Hlib Stryzhko who was fighting for Mariupol before Russia held him for 17 days. #CNN #News
Cryptocurrencies and US tech stocks were taking a hammering on Monday night amid a continuing flight from risk as a toxic cocktail of worries for the global economy grip investors. Values for so-called growth assets have been falling particularly sharply since the day after the US Central Bank raised interest rates last week by 0.5%
A trailer has been released for the much-anticipated sequel to Avatar, the highest-grossing film ever. It starts with a group of Na’vi leaping in the treetops and flying over the sea riding winged creatures on their planet of Pandora. The lush visuals that helped make the original a phenomenon are again front and centre of
The intrigue around black holes is something that fascinates every space enthusiast. The physics behind it has troubled scientists for decades. These mysterious space elements are known as powerful cosmic engines because they provide the energy for quasars and active galactic nuclei. We may be discussing the magnetic field of black holes, but black holes
Russia’s ambassador to Poland had red paint thrown in his face by protesters opposed to the war in Ukraine. Sergey Andreev’s face was covered with the substance as he arrived to pay his respects at a Warsaw cemetery to Red Army soldiers who died during the Second World War. He had been due to lay
The Queen will not be attending tomorrow’s State Opening of Parliament for the first time in 59 years, Buckingham Palace has said. The Prince of Wales will read the Queen’s Speech on her behalf, with the Duke of Cambridge also in attendance. In a statement, Buckingham Palace said: “The Queen continues to experience episodic mobility
Tesla has filed a lawsuit against Alexander Yatskov, a recently hired engineer who Tesla claims stole trade secrets related to its Dojo supercomputer project. It’s the latest in a series of lawsuits that Tesla has filed against former employees who have participated in stealing important information, according to the automaker. In this case, first reported
Shell posted adjusted earnings of $9.1 billion for the first quarter of 2022. Ben Stansall | Afp | Getty Images LONDON — Oil giant Shell on Thursday reported its highest quarterly profit since 2008 on soaring commodity prices, fueling calls for a one-off windfall tax on oil and gas companies to help U.K. households with
In this article UBER Uber posted a $5.9 billion loss in the first quarter of 2022. Philip Pacheco | AFP via Getty Images Uber will cut back on spending and focus on becoming a leaner business to address a “seismic shift” in investor sentiment, CEO Dara Khosrowshahi told employees in an email obtained by CNBC.
Britney Spears’ fiance Sam Asghari appears to have ended speculation that they are already married – telling fans that a date has been set for the big day. Spears, who is pregnant with her third child, has referred to Asghari as her “husband” in posts on social media, leading to fans discussing the possibility they
Morrisons has triumphed in the battle to gain control of McColl’s Retail Group, one of Britain’s biggest convenience store chains, after a last-gasp offer to buy out its syndicate of bank lenders. Sky News can reveal that the supermarket giant saw off eleventh-hour competition from EG Group, the petrol station operator, with an offer that