The cost of shipping goods has increased by 45% in the past week as major companies paused activity in the Red Sea global supply artery and chose diversions that can add an extra two weeks to journey times. The most widely used measure of freight cost, the Shanghai Containerised Freight Index (SCFI), rose by almost
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The prospect of a Universal Studios theme park opening in the UK has got fans very excited indeed. After financial records and public documents suggesting something was afoot were found by industry news site Orlando Park Stop, the Hollywood giant confirmed the plans in a statement to Sky News. The studio – which, like Sky,
Spring energy bills are projected to ease as energy markets stabilise, according to a closely-watched forecast. Energy bills in the three months from April to June are projected to fall 16% to £1,660 a year for the average user, according to research firm Cornwall Insight. It’s a £268 drop from the energy cap from next
Jeremy Hunt has said the “door is open for constructive discussions” with junior doctors, as they begin three days of strike action in England over pay and conditions. The walk-out started at 7am on Wednesday, after negotiations between the British Medical Association (BMA) and the Department of Health broke down earlier this month. Reports suggested
The rate of price rises significantly slowed again in November to another two year low, official figures show. Inflation stood at 3.9% last month, according to the Office for National Statistics (ONS), a dramatic fall from the 4.6% recorded a month earlier as price increases slowed in transport, recreation and culture, and food. Economists polled
Be in no doubt, to remove a candidate from an election ballot, a former president no less – it is a quite remarkable moment. A reality check first. There is a way to go here. Appeals will now come against a decision that is as controversial as it is unusual. What’s been decided? In November,
Here’s a rapid-fire update on all the stocks in Jim Cramer’s Charitable Trust, the portfolio we use for the CNBC Investing Club. Jim ran through each stock Tuesday during our December Monthly Meeting. Apple : In 2024, revenue from Apple’s services division is poised to take centerstage, which would serve as a reminder to skeptical investors how
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
Prince Andrew’s alleged links with convicted sex offender Jeffrey Epstein could come under further scrutiny with the release of hundreds of files from a defamation case. They include 40 documents of evidence from Johanna Sjoberg, who has claimed the Duke of York touched her breast while sitting on a couch inside Epstein’s Manhattan apartment in
In this article TSLA BMW-DE STLA GM Follow your favorite stocksCREATE FREE ACCOUNT Tesla Model Y, equipped with FSD system. Three front facing cameras under windshield near rear view mirror. Mark Leong | The Washington Post | Getty Images Tesla drivers in the U.S. were involved in accidents at a higher rate than drivers of
The eruption in Iceland may have weakened but it’s far from over. Scientists are using GPS signals from space to precisely measure the height of the ground around the volcanic site. It had risen by 35cm in some areas, pushed up by the magma rising from beneath. Since the eruption it’s slumped back down by
Donald Trump is ineligible for the US presidency under the US constitution’s insurrection clause, the Colorado Supreme Court has ruled. The ruling comes as the former US leader prepares to run for the presidency in 2024. Trump is accused of inciting riots at the US Capitol Building in an effort to overturn the result after
Another winter. Another strike. Except this time the industrial action by junior doctors will be longer than any other NHS history. In total, three days starting on Wednesday morning. Then back out again for six consecutive days from 3-9 January. In all, there will only be four weekdays unaffected by strike action or holidays over
An MP suspended from the parliamentary Conservative Party has lost his seat in a recall petition, Sky News understands, leaving another by-election for Rishi Sunak to contend with. The voters of Wellingborough in Northamptonshire have decided they want to choose a new MP after Peter Bone was found by parliament to have subjected a staff
Bahrain’s sovereign wealth fund is gaining full ownership of McLaren Group, one of the most revered names in British premium manufacturing, as part of long-term plans to secure a partnership with a global industry giant. Sky News has learnt that Mumtalakat, the Gulf state’s investment fund, is on the brink of a deal with McLaren’s
An oil tanker anchored in the Red Sea off the coast of Yemen’s contested western province of Hodeida on July 15, 2023. Mohammed Huwais | Afp | Getty Images Oil prices traded mixed Tuesday as tankers shun the Red Sea on the back of heightened attacks by Iran-backed Houthi militants which have disrupted international shipping
Advanced air mobility startup Overair is celebrating a significant milestone this morning, completing its first full-scale Butterfly eVTOL prototype ahead of flight testing in 2024. With its unique rotor design compared to many other eVTOLs, Overair’s electric aircraft looks to achieve commercial operations in multiple countries. Overair is an advanced air mobility (AAM) specialist based
Marc Raimondi, ESPN Staff WriterDec 17, 2023, 01:17 AM ET Open Extended Reactions LAS VEGAS — Leon Edwards took all of Colby Covington‘s trash talk leading into the fight, stayed composed and put together a poised performance. Edwards defeated Covington via unanimous decision (49-46, 49-46, 49-46) in the main event of UFC 296 on Saturday
In this article META Follow your favorite stocksCREATE FREE ACCOUNT An attendee wears a Meta Platforms Inc. Oculus Quest 2 virtual reality (VR) headset at the Telefonica SA stand on day two of the Mobile World Congress at the Fira de Barcelona venue in Barcelona, Spain, on Tuesday, Feb. 28, 2023. Angel Garcia | Bloomberg
Italian fashion influencer Chiara Ferragni has apologised after misleading her followers over sales of a Christmas cake The 36-year-old, who built her platform through her fashion and beauty Chiara Ferragni brand, said she will donate €1m (£860,000) to a children’s hospital, after fans were led to believe that by buying a Ferragni-branded pandoro (similar to