The ECB announced a second consecutive interest rate rise to combat red-hot inflation. Daniel Roland | Afp | Getty Images The European Central Bank on Thursday announced a 75 basis point interest rate rise, taking its benchmark deposit rate to 0.75%. “This major step frontloads the transition from the prevailing highly accommodative level of policy
7:04 PM ET Associated Press KANSAS CITY, Kan. — Bubba Wallace won his second career NASCAR Cup Series race Sunday and denied the playoff field an automatic spot in the next round for the second straight week when he held off championship contenders Denny Hamlin and Christopher Bell to prevail at Kansas Speedway. Wallace, who
People who wish to see the Queen lying in state have been warned of long queues and banned from taking photographs, as official guidance was issued ahead of the late monarch’s arrival at Westminster Hall. Extensive rules and regulations have been published in advance of the late monarch being flown to London on Tuesday, where
Americans are marking the 21st anniversary of 9/11 with tributes to those who died in the deadliest terror attack on US soil. The commemoration began with a tolling bell and moment of silence at ground zero, the former site of New York’s Twin Towers, which were destroyed after hijacked planes crashed into them on 11
Liz Truss will visit the devolved nations with King Charles this week as the monarch leads the UK through a period of national mourning. Both the new prime minister and the King will head to Scotland on Monday morning, followed by visits to Northern Ireland on Tuesday and Wales on Friday. While King Charles and
6:56 AM ET It was assumed that the end of Roman Abramovich’s ownership would be a good thing for the longevity of Chelsea managers. No English club won more than the 21 trophies amassed in 19 years of the Russian’s tenure, but 13 different managers — two of whom came back for a second stint
Listen to a recap of the top stories of the day from Electrek. Quick Charge is available now on Apple Podcasts, Spotify, TuneIn and our RSS feed for Overcast and other podcast players. New episodes of Quick Charge are recorded Monday through Thursday and again on Saturday. Subscribe to our podcast in Apple Podcast or your favorite podcast player to guarantee
The chief executive of one of Germany’s biggest banks, Commerzbank, sought to reassure investors Thursday about the prospect of non-performing loans this winter, saying banks are far better placed to cope compared to previous crises. “The German economy is facing a difficult time ahead of us due to the Ukraine conflict, China, supply chain problems
Mike Ashley, the high street tycoon who has snapped up some of Britain’s best-known retailers, is plotting a takeover of Gieves & Hawkes, the historic Savile Row tailor. Sky News has learnt that Mr Ashley’s Frasers Group is among a handful of bidders vying for control of the brand, which is being sold after its
Ukrainian forces have continued to make “significant gains” in the Kharkiv region as its counter-offensive against Russia continues. The UK Ministry of Defence has said that Russia has likely withdrawn units from the area in northeastern Ukraine, in its daily intelligence update. The shock advance by Ukrainian forces in the past four days has seen
Well-wishers in Scotland have been saying goodbye to the Queen, with her coffin seen for the first time as it makes its slow journey from Balmoral to Edinburgh. Draped with the Royal Standard of Scotland and featuring a wreath of flowers on top, the oak coffin is travelling from the royal castle, through the Aberdeenshire
Following the teasing of interior images of the gamma version of its upcoming solar electric vehicle (SEV) last month, Aptera officially debuted the full prototype in front of a crowd in San Diego at Fully Charged Live. gamma now marks Aptera’s biggest milestone as it approaches SEV production in 2023. Aptera has had quite the
A worker at First Solar in Perrysburg, Ohio July 8, 2022. Megan Jelinger | Reuters Caton Fenz already thought that 2022 was going to be a good year. The CEO of Houston-based ConnectGen, which builds wind and solar power plants that sell electricity to utilities, had planned to hire about five or six new workers.
In a “hot-mic moment” captured by Sky News in 2014, then prime minister David Cameron revealed that the Queen “purred down the line” when he told her a majority of Scots had voted against independence. Mr Cameron privately apologised and later called the remarks “a terrible mistake”. Yet they provided the rarest glimpse of an
On the most solemn of occasions, it was a moment of surprise that for some will have brought a smile. Two brothers who may have had their differences, brought together again by their grief. A time to show unity at an incredibly difficult time for the family. I’m told Prince William made the call to
Ukraine has used cunning and firepower to blast a devastating hole in Russia’s eastern front line. The prospect of a Ukrainian counter-offensive against Russian-held positions in the south of the country had long been anticipated and talked about by both sides. But the sight of Ukrainian forces over recent days tearing down Russian flags and
The family of Pop Idol star Darius Campbell Danesh have thanked everyone for their “love and kindness” following his death, and said that the singer had been suffering from chronic neck pain following a car incident. Mr Campbell Danesh was found dead in his US apartment, in Rochester, Minnesota, last month at the age of
Senior MPs have pledged their allegiance to King Charles III in a rare Saturday Commons sitting. Commons Speaker Sir Lindsay Hoyle was the first to do so. He was followed by Father of the House, the longest serving male MP, Conservative Sir Peter Bottomley. Then came the Mother of the House, the longest serving female
A Canadian EV startup called Potential Motors is working to bring a unique off-road electric RV to market in a limited volume. The company’s flagship model, called the Adventure 1, is launching this month ahead of production in 2024. It has some unique features you won’t want to miss. Check it out. Potential Motors is
European Commission President Ursula von der Leyen says the region is facing an extraordinary situation. Thierry Monasse | Getty Images News | Getty Images European Union energy ministers on Friday gathered in Brussels for emergency talks on how to protect households and businesses from runaway gas and electricity prices ahead of winter. European Commission President