Ofgem CEO Jonathan Brearley said the rise would have a “massive impact” on households across Britain, and another increase was likely in January, reflecting significant pricing pressure in energy markets. “It’s clear the new Prime Minister will need to act further to tackle the impact of the price rises that are coming in October and […]
Launch officials say the mission could take off as early as February, according to Steve Stich, the manager for NASA’s Commercial Crew Program. Starliner had been slated to get astronauts off the ground by the end of 2022. But continued work on several major issues that were identified on an uncrewed test flight of Starliner […]
Here’s the deal: Zuck is betting the future of his half-a-trillion-dollar company, Meta, on a vision of the future in which all of us spend more time in a virtual space known as the metaverse, repped by digital alter egos created in our own image. The trouble is, everything we’ve seen of that future so […]
The 30-year fixed-rate mortgage averaged 5.55% in the week ending August 25, up from 5.13% the week before, according to Freddie Mac. That is significantly higher than this time last year when it was 2.87%. The combination of higher mortgage rates and the slowdown in economic growth is weighing on the housing market, said Sam […]
The new measures announced by China’s cabinet on Wednesday amount to more than 1 trillion yuan ($146 billion) in funding to improve infrastructure, ease power shortages, and tackle drought, including money to secure rice production. “The current economic recovery has a weak foundation,” the statement said, adding that the new funding was aimed at stabilizing […]
In a statement, the provincial government vowed to be “at the forefront of the country,” and become a “top student in the carbon neutralization work, so as to demonstrate a beautiful calling card when making exchanges on climate change internationally.” “By 2030, there will be a complete ban on the sale of petrol vehicles across […]
The Axioma was impounded by the Gibraltar authorities in March after JPMorgan said its alleged owner Dmitry Pumpyansky had reneged on the terms of a $20 million loan. The 72.5-meter vessel was auctioned by the Gibraltar Admiralty Court through a system of closed bids to be sent electronically by midday on Tuesday, a court spokesman […]
Written by Leah Dolan, CNN Featuring the good, the bad and the ugly, ‘Look of the Week’ is a regular series dedicated to unpacking the most talked about outfit of the last seven days. Oscar-winning actor Nicole Kidman caught the Internet’s attention this week with a new shoot for Perfect Magazine. Kidman, who turned 55 […]
Earlier this year, the UK government tried to protect households against 90% of the expected increases in energy bills through tax cuts, energy bill rebates and direct payments. But natural gas and power prices have shot up since then, as have forecasts of future increases. Researchers at the Institute for Government said Tuesday that the […]
Iran had previously demanded that as a condition of re-entering the deal, known as the Joint Comprehensive Plan of Action, the International Atomic Energy Agency had to close its investigation of undeclared nuclear material found at Iranian sites in 2019. But Iran has now dropped that demand, the senior administration official said on Tuesday. The […]
