Klarna CEO Sebastian Siemiatkowski has defended his company’s business model and the controversial “buy now, pay later” industry. Klarna lets consumers buy things that they might not necessarily be able to afford at that moment in time. Its 150 million customers pay a relatively small amount up front and pay back the rest later. In
COVID cases have risen for the first time in two months, according to the latest figures. The spike is likely to be caused by increases in cases compatible with the original Omicron variant BA.1 and the newer variants BA.4 and BA.5, the Office for National Statistics (ONS) said. A total of 989,800 people in private
Scientists have discovered the building ingredients of life on an asteroid in space for the first time. More than 20 amino acids have been identified on the space rock Ryugu, which is more than 200 million miles from Earth. Scientists studied materials taken from the asteroid by the Japan Aerospace Exploration Agency’s (JAXA) Hayabusa2 probe,
Foreign Secretary Liz Truss has raised the issue of two British men sentenced to death by a Russian-backed court with her Ukrainian counterpart. Prime Minister Boris Johnson was said to be “appalled” by the sentences handed to Aiden Aslin and Shaun Pinner and has ordered ministers to do “everything in their power” to secure their
Lenders to Matalan, one of Britain’s biggest budget retailers, are preparing for crunch talks about the chain’s future financing against a backdrop of soaring inflation and deepening economic gloom. Sky News has learnt that Matalan’s senior bondholders are lining up Perella Weinberg Partners to advise them on their options with a £350m repayment due to
More than half of UK households have cut down on their energy usage as a result of the cost of living crisis, new data suggests. A survey carried out by the Office for National Statistics (ONS) revealed that 52% of Britons are using less gas and electricity in a bid to cut down costs. The
Neighbours cast and crew members have said goodbye to Ramsay Street after 37 years, with bosses sharing a farewell photo after wrapping on the last scene. The Australian soap opera, which first aired in 1985, will air its final episodes in August after being axed earlier this year. A photo from the last day on
Three of four asylum seekers fighting their deportation from the UK to Rwanda will not be sent to the African country, the Home Office has said. The news came as part of written submissions by Home Office lawyers to the High Court ahead of a bid today to block a deportation flight to the African
Treatment with the immunotherapy dostarlimab showed promising results in a small trial of more than a dozen rectal cancer patients, according to new research, but further study is needed and it is too early to call it a cure. CNN’s Erin Burnett speaks to Dr. Andrea Cercek, an oncologist at Memorial Sloan Kettering Cancer Center.
The mineral graphite, as an anode material, is a crucial part of a lithium-ion (Li-on) battery. Electrek spoke with John DeMaio, president of the Graphene Division of Graphex Group and CEO of Graphex Technologies. Read on to learn what he had to say about why graphite’s so important for EVs, what his company is doing to ramp
An investigation into the US Capitol riots has heard that close allies of former president Donald Trump – and even his daughter – rejected his false claims of election fraud, with one calling it “bulls**t”. On the first of six days of public hearings before a House of Representatives select committee, a never-seen-before 12-minute graphic
Club name Devon Energy (DVN) announced Wednesday evening that it will acquire the leasehold interest and related assets of RimRock Oil and Gas, a privately held company of Warburg Pincus. RimRock is located in the Williston Basin, a resources-rich body of land that stretches across Montana, North Dakota, South Dakota, and Canada. At a total
Signage is seen on the Chamber Of Commerce Building in the Manhattan borough of New York City, New York, U.S., April 21, 2021. Andrew Kelly | Reuters The bipartisan privacy proposal that’s reignited a debate about federal protections for internet users is “unworkable,” according to a major business group. The American Data Privacy and Protection
Britney Spears’ ex-husband has been arrested at the singer’s Los Angeles home – as she prepared to wed her partner Sam Asghari. Police officers responded to an incident of trespassing at the address and later arrested 40 year-old Jason Alexander. A spokesperson for the department confirmed Alexander was arrested for an out-of-county warrant and had
Thousands of new school places are to be created in England – particularly for children in disadvantaged areas and for those with special needs. Up to 75 new free schools and standalone sixth forms will be opened, with 14,000 extra school places made available. A total of 15 new mainstream schools will also be introduced
The boss of Wizz Air is facing a backlash from unions, including pilots’ representatives, after he urged fatigued staff to go the “extra mile” as the industry battles flight cancellations caused by staff shortages. Jozsef Varadi made his remarks to workers after the company warned of fare increases ahead following the publication of financial results
Boris Johnson is not a good role model for children, according to a top government adviser who is known as Britain’s strictest headmistress. Katharine Birbalsingh, chair of the social mobility commission, told Sky News’s Beth Rigby Interviews that from his personal life to his messy hairstyle, the three-times married prime minister causes her to “raise
11:45 AM ET ESPN Sports Betting The 154th running of the Belmont Stakes features plenty of intriguing storylines. While the Triple Crown won’t be on the line, three of the top six finishers, including Kentucky Derby winner Rich Strike, will be part of the eight-horse field. Post time for the race is set for approximately
Florida Police have arrested Earl Sampson 56 times at his job for trespassing. CNN’s John Zarrella reports.
One little Swiss microcar (technically a quadricycle) has made a disproportionately sized splash. The pint-sized four-wheeled electric vehicle known as the Microlino may be petite, but it’s got a long line forming out the door counting over 30,000 reservation holders. And today the company officially opened its configurator to let those early adopters begin building