The British pound has hit its lowest level against the US dollar in almost four decades. Just after 2pm on Wednesday, sterling fell to $1.1407, according to Refinitiv data – its lowest point since 1985. The pound has lost more than 15% against the dollar so far this year, hurt by both the dollar’s strength
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7:37 AM ET Andrew LopezESPN PRESIDENT AND CEO John Doleva was making what has become a routine phone call for him after more than 20 years with the Naismith Memorial Basketball Hall of Fame. On the other end of the line was New Orleans Pelicans vice president of basketball operations Swin Cash. Cash had cleared
“Some people are scared to pinch your bum now,” says the musician Self Esteem, pondering the question of change for women in the music industry. “I’m like, that’s nice! That’s great!” She gives a sarcastic thumbs-up. Because as women have felt more emboldened to speak out about experiences of misogyny, harassment, misconduct and abuse in
Prime Minister Liz Truss says she will take “immediate action” to deal with soaring energy bills – and will make an announcement tomorrow. However she has been accused of “protecting profits and forcing working people to pay the bill” after ruling out extending the windfall tax to fund her energy plans. Ms Truss is widely
Google Maps can now provide the “most fuel-efficient route” possible if you specify your car’s engine type, while eco-friendly routing is coming to all of Europe. Google launched eco-friendly routing in Maps earlier this year for the United States, Canada, and Germany to highlight directions that use less fuel. A “Most fuel-efficient” leaf badge appears,
This image, from August 2022, shows a stretch of the Rhine in Germany, which plays a key role in the transportation of goods such as coal. Christoph Reichwein | Picture Alliance | Getty Images The link between energy production and water is of crucial importance and we need to value the latter resource far more
Vladimir Putin has said that Russia has not lost anything as a result of its war in Ukraine as he vowed to press on with military action. The Russian president said that the Kremlin’s special military operation, as he describes it, was designed to strengthen his country’s sovereignty and was aimed at “helping people” living
NASA’s James Webb Space Telescope has captured in-depth details of a stellar nursery nicknamed the Tarantula Nebula. Webb’s recent image of the 30 Doradus, or Taratula Nebula, displays several never-before-seen young, with galaxies in background. The picture also reveals the composition of the nebula’s gas and dust. Located around 161,000 light-years away from us, Tarantula has
9:30 AM ET AUSTIN, Texas — Steve Sarkisian hasn’t forgotten, and he won’t forget. There’s no way he could, especially not this week with Nick Saban and the No. 1 Crimson Tide coming to town. To most in the college football world, Saban is the guy who has led Alabama to a staggering six national
In this article GOOG GOOGL Alphabet CEO Sundar Pichai gestures during a session at the World Economic Forum (WEF) annual meeting in Davos, on January 22, 2020. Fabrice COFFRINI | AFP | Getty Images Google and Alphabet CEO Sundar Pichai said he wants to make the company 20% more efficient and that could include headcount
A document describing a foreign government’s military defences, including its nuclear capabilities, was reportedly found in the FBI’s search of former President Donald Trump’s Florida home last month. The Washington Post, which cited people close to the matter, reported the discovery during the raid but has not identified the foreign government discussed in the document.
Kyra Phillips gives a preview of the CNN special report, “O.J.’s Wild Ride” 20 years after the infamous police chase.
Ukrainian President Volodymyr Zelenskyy has called on the global nuclear watchdog to force Russia into demilitarising the Zaporizhzhya nuclear power plant – and return its control to Ukraine. Officials from the International Atomic Energy Agency (IAEA) travelled to the facility last week and warned there was an “urgent need” for interim measures to prevent a
Prime Minister Liz Truss will hold her first cabinet with her newly assembled top team this morning – before going head-to-head with Sir Keir Starmer at PMQs. On Tuesday, in her first speech as prime minister, Ms Truss said the UK would “ride out the storm” caused by the war in Ukraine and promised a
The £100bn-plus energy relief package Liz Truss is expected to finalise this week is just one string in her economic bow. Here are five things you need to know about Trussonomics, the nickname some are giving to the new prime minister’s economic policy. 1. It’s a huge policy shift The first is that in one
With fall on the horizon, you might be planning some outdoor adventures with the family. If those trips plan to take you off-grid for an extended period of time, then be sure to have this 120W foldable solar panel in the trunk in case it’s needed. With a built-in 20A LCD solar charge controller and
Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Tuesday’s key moments: Oscillator says market still oversold Our trades on DVN and CRM Quick mentions: HON and LLY Watching these bullpen stocks 1. Oscillator says market still oversold Stocks were in the
Justin Bieber has announced he is taking a break from his rescheduled world tour to “rest and get better”. The Canadian singer revealed in June he had been diagnosed with a rare condition called Ramsay Hunt syndrome that had resulted in complete paralysis of the right side of his face, forcing him to cancel performances.
The bosses of Britain’s biggest banks will hold talks with the new chancellor on Wednesday as he tries to exert a grip on the stalling UK economy. Sky News has learnt that Kwasi Kwarteng has convened a meeting with the chief executives of lenders including Barclays, Lloyds Banking Group and NatWest Group just hours after
After a dire period during the pandemic, music venue owners had hoped this would be the year to properly kick-start the UK’s world-renowned live scene once again. But while thousands of fans have enjoyed a summer of gigs and festivals, the industry is now facing its next existential crisis – spiralling energy bills, with some