An oil flare burns at Repsol’s oil refining complex in Cartagena, Spain. Repsol was one of the top sellers of assets between 2017 and 2021 in EDF’s analysis. Bloomberg | Bloomberg | Getty Images Oil and gas giants are increasingly selling off dirty assets to private firms, amplifying concerns that the fossil fuel industry’s traditional
Royal Mail has said it will need to rise prices and cut costs in the face of soaring inflation. The company warned that it sees “significant headwinds” from rising costs including wages, energy and fuel. Royal Mail revealed that it aimed to make cost savings of £350m over the course of its current financial year
NASA astronauts and officials on Wednesday said Boeing’s Starliner space capsule is ready for its uncrewed launch this week to the International Space Station, a long-delayed test mission meant to demonstrate the aerospace giant can safely fly humans in space. Boeing’s CST-100 Starliner capsule, a gumdrop-shaped astronaut pod, has experienced multiple setbacks in recent years.
US President Joe Biden has invoked the Defense Production Act to boost production of baby formula. The Defense Production Act is a 1950 law which allows the government to direct manufacturing production for national defence. This means that businesses supplying ingredients to formula manufacturers will have to fulfil those orders first before dealing with orders
In this article TWTR Trump advisor Steve Bannon (L) watches as President Donald Trump greets Elon Musk, SpaceX and Tesla CEO, before a policy and strategy forum with executives in the State Dining Room of the White House February 3, 2017 in Washington, DC. Brendan Smialowski | AFP | Getty Images Elon Musk said twice
Defence and Security Analyst Professor Michael Clarke has the latest developments in Ukraine on the ground, as Ukrainian troops reach the Russian border near Kharkiv. For the latest developments: https://qrcode.skynews.com/skynews/ukraineblog SUBSCRIBE to our YouTube channel for more videos: http://www.youtube.com/skynews Follow us on Twitter: https://twitter.com/skynews Like us on Facebook: https://www.facebook.com/skynews Follow us on Instagram: https://www.instagram.com/skynews Follow
Russia may have lost as much as one third of the ground force it committed when it invaded Ukraine, according to an intelligence assessment from Britain’s defense ministry. It added that Russian forces had sustained heavy losses in their Donbas offensive and that “under the current conditions, Russia is unlikely to dramatically accelerate its rate
“Open the curtains,” Emma Eastham tells her son Alex, “shall we show them your oxygen and what we do with it?” Alex is a thriving 16-year-old who loves music, DIY and (of course, because this is Wigan) Rugby League. “I want to go to College,” he tells me, “and become a joiner.” But when he
Rishi Sunak has said the government’s response to the cost of living crisis will “evolve” as the situation does – but failed to outline any immediate action. Addressing the Confederation of British Industry (CBI) in London, the chancellor admitted once more that the “next few months will be tough” and that ministers “stand ready to
In a recent interview out of Europe, Bentley CEO Adrian Hallmark promised some bold specs from the luxury automaker’s first battery electric vehicle. Despite describing the “brutality of acceleration” in the upcoming EV, the Bentley chief said that won’t be its main selling point. It will instead be the “effortless overtaking” from torque on demand.
Current gasoline prices are shown in Garden Grove, California, March 29, 2022. Mike Blake | Reuters Gasoline prices are a wildcard for consumer wallets this summer, as tight supply and uncertainty in Ukraine could drive fuel costs sharply higher. Gasoline prices are climbing towards $5, and they seem set to stay high even beyond the
In this article TSLA An aerial view of the Tesla Fremont Factory on May 13, 2020 in Fremont, California. Justin Sullivan | Getty Images The S&P 500 booted electric vehicle maker Tesla from its ESG Index in an annual rebalancing. Meanwhile, Apple, Microsoft, Amazon and even oil and gas multinational Exxon Mobil were included on
Early in the invasion, Russia’s 59th tank regiment dug in east of Kharkiv. Near the treeline on raised ground, they looked down on a valley of villages. From there, Ukrainians say the tanks’ guns attacked civilian vehicles and homes below. A reckoning followed as Ukrainian forces comprehensively destroyed the Russian tanks and armoured vehicles. Sky
Britain’s biggest dairy producer has admitted the price of milk will continue to increase due to sky high energy costs that have already risen by 200%. Arla Foods’ chief commercial officer Peter Giortz-Carlson told Sky News that input costs, driven higher by the war in Ukraine, will have to be passed on to customers. His
Britain’s biggest-ever lottery winners are to go public tomorrow. The winners of more than £184m in last week’s EuroMillions have so far kept quiet. They are now known to be a couple from Gloucestershire. Tuesday’s jackpot scoop made them the UK’s largest-ever National Lottery winners. And they will reveal themselves to the world tomorrow morning.
Boris Johnson’s legislative programme outlined in the Queen’s Speech has been passed by MPs – despite some suggesting it should have contained more measures to help the poorest households amid the cost of living crisis. The speech, which was read least week by the Prince of Wales, was passed by MPs in the Commons by
A former Minneapolis police officer has pleaded guilty to a state charge of aiding and abetting second-degree manslaughter in the killing of George Floyd. As part of the plea deal, Thomas Lane will have a count of aiding and abetting second-degree unintentional murder dismissed. Hennepin County Judge Peter Cahill has agreed to a three-year jail
1:25 PM BST DUBLIN, Ireland — Expect to hear the word “runway” a lot over the next decade in and around rugby corridors. That’s the crux of why World Rugby announced the hosts of the next five Rugby World Cups on Thursday — to give the sport enough time to plan their next global gatherings
Top Gun was the film that rocketed Tom Cruise to superstardom back in 1986. Now the sequel, perhaps the most highly anticipated movie in decades, is due to arrive in cinemas here next week. But the actor admits it wasn’t the easiest follow-up to make. “Taking on the sequel to Top Gun was a daunting
Unidentified flying objects or UFOs have always been a subject of mystery and intrigue for the scientific community. Yet, studying these objects has often been dismissed as a non-serious discipline or pseudoscience. However, things changed this week. For the first time in 50 years, the US Congress held an open hearing on unidentified aerial phenomena