Up-and-coming Chinese EV maker NIO’s stock is falling after announcing a proposed total of $1 billion in convertible senior notes on Monday. NIO revealed in an SEC filing it plans to issue two batches of $500 million notes, convertible to American depository shares (ADS) with long-dated maturities in 2029 and 2030. The EV maker plans
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In this article Follow your favorite stocksCREATE FREE ACCOUNT Instacart gift cards are displayed at a Safeway store on August 28, 2023 in San Anselmo, California. Justin Sullivan | Getty Images News | Getty Images This report is from today’s CNBC Daily Open, our new, international markets newsletter. CNBC Daily Open brings investors up to
A man who is facing a child rape charge has been arrested after faking his own death in a kayaking accident, Louisiana police have said. Melvin Emde, 41, was detained after crashing his motorbike while being pursued by police in Georgia for not having a number plate on Sunday. The suspect, from Talihina in Oklahoma,
The home secretary has said that “we’re not going to save the planet by bankrupting the British people” in response to reports the government is looking at watering down its green pledges. Among the changes being considering are the pushing back of a ban on the sales of new vehicles with internal combustion engines from
The headline numbers don’t do justice to the significance of the inflation data. On the surface, this only looks like a small fall, with the consumer price index (CPI) dropping from 6.8% in July to 6.7% in August. So what, you might ask? After all, it’s a far smaller drop than the one we heard
US actress and model Bijou Phillips has filed for divorce from former That 70s Show star Danny Masterson after he was jailed for rape. Ms Phillips, 43, filed the petition for divorce in Santa Barbara Superior Court on Monday to end her nearly 12-year marriage to Masterson, 47. Ms Phillips and Masterson have a nine-year-old
Billionaire entrepreneur Elon Musk‘s brain-chip startup Neuralink said on Tuesday it has received approval from an independent review board to begin recruitment for the first human trial of its brain implant for paralysis patients. Those with paralysis due to cervical spinal cord injury or amyotrophic lateral sclerosis may qualify for the study, it said but
“Incoming!” One word and then Gosha’s life changed forever. The mortar exploded right next to the 30-year-old Ukrainian soldier. If his friend, Vasian, hadn’t shouted, Gosha wouldn’t have turned. The mortar would have exploded in his face. Instead it was his arm. “Blood was streaming like hell,” Gosha recalls. Image: Warped metal and broken cars
The rate of inflation has eased slightly to 6.7% confounding the predictions of economists that it would rise. The Office for National Statistics (ONS) said the consumer prices index (CPI) measure slowed in the 12 months to August, from the 6.8% figure reported the previous month, thanks to food rising at a weaker pace during
In this article AMZN Follow your favorite stocksCREATE FREE ACCOUNT Portrait of Lina Khan, the author of the Yale Law Journal article, “Amazon’s Antitrust Paradox” which has been read much more than any other law article. Khan was photographed at her home in Larchmont, New York on July 7th, 2017. The Washington Post | The
Hunter Biden will plead not guilty to a federal firearms charge following the collapse of a plea deal. Lawyers for President Joe Biden’s son confirmed their intention in a letter to the judge while also asking for the initial court appearance to be held remotely. The 53-year-old was indicted last week for possessing a gun
A New Zealand-based startup just got $18 million to commercialize graphite made of wood chips for EV batteries in Europe and the US. Graphite made of wood chips and sawdust Swedish-Finnish renewable forestry giant Stora Enso, Hong Kong-based battery maker Amperex Technology (ATL), and other partners are investing in CarbonScape, which uses forestry and timber industry
Barbara Fried, mother of Sam Bankman-Fried, the founder of bankrupt cryptocurrency exchange FTX, leaves the courthouse, after U.S judge revoked Bankman-Fried’s bail, in New York, August 11, 2023. Eduardo Munoz | Reuters Bankrupt crypto exchange FTX is looking to claw back luxury property and “millions of dollars in fraudulently transferred and misappropriated funds” from the
In this article ABNB Follow your favorite stocksCREATE FREE ACCOUNT Naba Banerjee, Airbnb Source: Prashant Joshi | Airbnb Naba Banerjee is a proud party pooper. As the person in charge of Airbnb’s worldwide ban on parties, she’s spent more than three years figuring out how to battle party “collusion” by users, flag “repeat party houses”
Avanti West Coast has had its contract renewed to operate its UK rail routes, despite issues with delays and cancellations. Both Avanti and another operator, CrossCountry, were awarded agreements lasting up to nine and eight years respectively. Avanti West Coast will continue to operate routes from Scotland, Wales, Manchester and Liverpool to London while CrossCountry
Ever since the surprise Tory Uxbridge by-election victory, attributed to the party’s opposition to the ULEZ congestion charge scheme, Rishi Sunak has been reviewing the government’s net zero commitments. We are about to hear the results of that review, according to Whitehall sources. The PM has personally long been cautious about the costs that tackling
A TV executive who worked at a company that hired Russell Brand has described the allegations against the star as “depressing”. Phil Edgar-Jones was creative director of Remarkable Pictures, part of Endemol UK, and oversaw Big Brother during its Channel 4 years. Speaking to Sky News, he said: “There was never any sense that he’d
Mark Schlabach, ESPN Senior WriterSep 18, 2023, 04:14 PM ET Close Senior college football writer Author of seven books on college football Graduate of the University of Georgia Six-time major champion Phil Mickelson said he isn’t wagering on football games this season as he continues to recover from a gambling addiction. Mickelson’s statement on social
The Myanmar military junta is deliberately targeting medical facilities and medical staff with airstrikes, raids by soldiers and the burning down of buildings, using a map of public hospitals and clinics they drew up in 2019, according to a new report shared exclusively with Sky News. Myanmar Witness, a project run by the UK-based Centre
Five people released from Iran in a controversial prisoner swap deal with the US have touched down on American soil. The prisoners were freed after President Joe Biden agreed to the release of almost $6bn (£4.84bn) in frozen Iranian assets. Conservationist Morad Tahbaz – who has British, US and Iranian citizenship – was released alongside
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