Pressuring oil companies through higher taxes is counterproductive at a time when global crude demand is set to outstrip supply, the CEO of Saudi Aramco, the world’s largest and most profitable energy company, said during the World Economic Forum in Davos, Switzerland. Asked by CNBC’s Hadley Gamble if a windfall tax on oil profits is
The King has again signalled his wish to potentially shake up the way the monarchy is funded following a £1bn wind farm deal that could have created more money for the royals. Six new offshore wind energy lease agreements, announced by the Crown Estate, have generated a major windfall for the estate – and would
In this article MSFT CRM NFLX AMZN Follow your favorite stocksCREATE FREE ACCOUNT An employee cleans a window at Apple Inc.’s new Canton Road store in the Tsim Sha Tsui district of Hong Kong, China. Xaume Olleros | Bloomberg | Getty Images Many of the biggest technology companies are laying off staff as fears of
Kim Kardashian has spent more than £160,000 on a piece of jewellery once worn by Princess Diana. The Attallah Cross was sold to a representative of the American reality star after being put up for auction at Sotheby’s in London. The 1920s pendant, designed by luxury jewellery designer Garrard, was worn on several occasions by
A woman who reported her police officer ex-husband for rape says detectives mishandled the case and their investigation “was more traumatic than the actual incident”. The woman, who we will refer to as “Sally” as she cannot be identified for legal reasons, has said those running the investigation into her allegation had been colleagues or
Steven Spielberg’s cultural impact is unmatched – from Jaws to Jurassic Park, his films have imprinted on generation after generation for 50 years. His new movie, The Fabelmans, tells the story of the childhood that shaped the most iconic director of our time. As well as being a family drama, it portrays the antisemitic abuse
In this article AMZN Follow your favorite stocksCREATE FREE ACCOUNT The front desk of the Amazon office is pictured in New York, May 1, 2019. Carlo Allegri | Reuters Amazon on Wednesday commenced the latest wave of job cuts in its corporate workforce in what’s poised to be the largest round of layoffs in the
2:08 PM ET Nick Parkinson Close •Reports on boxing for ESPN.co.uk, as well as several national newspapers•Has been reporting on British boxing for over 15 years•Appears on BoxNation’s Boxing Matters show Chris Eubank Jr. faces former world welterweight champion Liam Smith in Manchester on Saturday, but talk of fighting Conor Benn has not faded. Eubank
Rishi Sunak has announced that more than £2bn will be invested in over 100 projects across the UK through the levelling up fund – with £19m going to his own constituency. Reinforcing his commitment to levelling up the country, the prime minister promised the latest round of funding would “build a future of optimism” by
The abuse of power perpetrated by the rapist officer David Carrick is “absolutely despicable” and urgent action is needed, the prime minister has told the head of the Met Police. Rishi Sunak said he had had “constructive” talks with Sir Mark Rowley and “made clear to him – and he agrees – that the abuse
“Go to hell” was the message that Ukraine’s war-time interior minister had at the mention of Russian President Vladimir Putin. Denys Monastyrskyi was speaking to Sky News last April as he visited the site of a suspected Russian war crime in the town of Bucha, outside Kyiv. He had just been shown the charred remains
Here are all the nominees for this year’s BAFTA Film Awards. Everything Everywhere All At Once, The Banshees Of Inisherin, All Quiet On The Western Front and Elvis are among the films up for BAFTA awards in 2023, while Colin Farrell, Ana de Armas, Viola Davis, Cate Blanchett, Brendan Fraser and Bill Nighy are among
Funerals have been taking place in Russia for some of the dozens of soldiers killed in a Ukrainian strike on New Year’s Day. Russia claims 89 soldiers died, although Ukraine insists more than 400 were killed in the attack. Many of the dead came from the city of Samara in southern Russia. Sky’s Moscow Correspondent
Taylor Dudley, an US Navy veteran who has been detained in Russia for nearly a year, was released from Russian custody after months of negotiations spearheaded by former New Mexico Gov. Bill Richardson, a family spokesperson tells CNN. CNN White House reporter Natasha Bertrand has the story. #CNN #News
Tesla has increased the price of its home charging station by 20% after several price drops made it the cheapest option available. Last year, Tesla surprised many by announcing that it is opening its EV charge connector with the aim of making it the new standard in North America. The automaker is challenging the J1772/CCS combo connector,
The CEO of Ukrainian state energy giant Naftogaz said the company is working toward resolving its debt default problems quickly. Oleksiy Chernyshov told CNBC’s Hadley Gamble at the World Economic Forum in Davos on Tuesday that he is in the final stages of getting the company back on track. “By the end of this month,
Britain’s battery sector has been delivered some unexpected good news, after an Australian billionaire told Sky News he will be opening an advanced battery plant in Oxfordshire later this year, creating up to 300 new jobs. Andrew Forrest, the founder of the Australian iron ore giant Fortescue, said he was expanding operations at Williams Advanced
The Minister of Internal Affairs of Ukraine is among 18 people who have died after a helicopter crashed by a nursery in a Kyiv suburb, authorities have said. Images from the scene show huge flames and a plume of smoke going into the sky in Brovary, which is located northeast of the capital. Minister Denys
A government minister has appealed to the public sector not to carry out further strikes, saying it would be “an act of self-harm” for the economy. Speaking to Sky News, Robert Jenrick said international factors are “beginning tentatively to work in the right direction”, with energy and fuel prices starting to fall. But he said
Marvel actor Jeremy Renner has said he is now home following a snow plough accident which left him in critical condition. In response to a Tweet on Monday about his Paramount+ TV series Mayor of Kingstown, Renner wrote: “Outside my brain fog in recovery, I was very excited to watch episode 201 with my family