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EV battery tech company Enevate and electric boat propulsion company Sealence have completed a Memorandum of Understanding to jointly develop a high-performance battery for jet boats. Italy-based Sealence has developed an electric propulsion system called DeepSpeed (pictured above and below) that operates silently and reduces vibration for sea craft ranging from fast tenders to large yachts. DeepSpeed electric
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The Balenciaga fashion house has cut ties with Kanye West, according to a news report. The move came after several offensive comments from the rapper, now known as Ye, including antisemitic posts that earned him suspensions on Twitter and Instagram. “Balenciaga has no longer any relationship nor any plans for future projects related to this
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Moody’s rating agency has cut its UK’s financial outlook to negative but maintained its sovereign rating at Aa3. On Friday, the agency lowered the UK’s outlook to negative from stable, citing policy uncertainty amid high inflation and weaker growth prospects. Moody’s said the government’s “ability to engender confidence in its commitment to fiscal prudence” will
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Vladimir Putin announced 300,000 reservists would be mobilised to help halt a successful Ukrainian counter-offensive. But reports suggest recruits are being sent to the frontline without proper training and are having to buy their own body armour. Is Russian president Vladimir Putin now looking for an escape route? Military expert Philip Ingram has the latest
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Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Friday’s key moments. Stocks rally Earnings move Club names Sticking with DHR 1. Stocks rally Stocks rallied Friday on the back of a Wall Street Journal report suggesting the Federal Reserve could potentially
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