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
On what was recently farmland, Amazon data centers have been built as close as 50 feet from residential houses in the Loudoun Meadows neighborhood on January 20, 2023, in Aldie, VA. Jahi Chikwendiu | The Washington Post | Getty Images In January, Oregon lawmakers submitted a bill to the state’s legislature that sought to curb
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
French President Emmanuel Macron has appealed to Xi Jinping to “bring Russia back to its senses and bring everyone back to the negotiating table” over the Ukraine war. The Chinese leader called for peace talks but he gave no indication that Beijing would use its leverage as President Vladimir Putin‘s diplomatic partner to press for
A judge presiding over Dominion’s defamation lawsuit against Fox News decided the case is going to trial. CNN media reporter Oliver Darcy and legal analyst Norm Eisen explain why the judge has ruled against some of the network’s key defenses and how Dominion may have the upper hand. #CNN #News
7:53 AM ET Tennis season is hilarious, if you think about it. We’re one-fourth of the way through the year, with one Slam in the books. And now that we’ve got a pretty solid read for who’s playing better than whom, we are completely changing the surface of play — from hard to clay —
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
7:00 AM ET FORT WORTH, Texas — A year ago at this time, Sonny Dykes sat in a sparsely decorated office and watched film during spring practice. He didn’t have a lot of time to worry about organizing his shelves when he was making a mad dash recruiting, hiring a staff and managing the transfer
Rishi Sunak has said no further action will be taken against minister Mark Spencer after an investigation cleared him of breaching the rules over the sacking of Tory colleague Nusrat Ghani. In his investigation into alleged Islamophobia, Sir Laurie Magnus said it was not possible to determine what the then chief whip said to Ms
Some of Britain’s leading entrepreneurs and financiers are facing significant financial losses from the implosion of Vashi, the upmarket jeweller. Sky News can reveal that Sinclair Beecham, the co-founder of Pret a Manger, Nick Wheeler, founder of the shirtmaker Charles Tyrwhitt, and William Jackson, chief executive of London-listed private equity firm Bridgepoint, are all shareholders
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
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
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
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Ethereum underwent a huge network upgrade called the merge which proponents say will make transactions much more energy efficient. Following the merge, ether prices have dropped following a huge run up ahead of the event. Jakub Porzycki | Nurphoto | Getty Images Ether has spiked this week to a nine-month high, ahead of a major