Oil markets are in for more struggles this year despite a more than 5% boost to prices this week on news from OPEC+. The oil producer group, led by Saudi Arabia and Russia, announced that members would keep production largely steady rather than raising it, with Riyadh later revealing voluntary cuts of an extra 1
Month: January 2021
US President Donald Trump has turned on his deputy, accusing him of lacking courage after Mike Pence said he would not intervene in the election result. In a tweet, the president wrote: “Mike Pence didn’t have the courage to do what should have been done to protect our Country and our Constitution, giving States a
MPs have approved England’s third coronavirus lockdown – but the government has been urged by leading Conservatives to allow further votes on the measures both this month and next month. Following a four-hour debate in the House of Commons, MPs approved the newest lockdown by 524 votes to 16, a majority of 508. Their approval
Tesla sold out the first quarter of Model Y electric SUVs in China after just a few days of taking orders, according to an update to its website. Tesla Model Y in China As we previously reported, Tesla is using a new vehicle introduction strategy for Model Y. Unlike previous vehicle programs, which were launched
The FTSE 100 has hit its highest level in ten months, building on a recovery that has lagged its peers during the coronavirus crisis to date. The blue-chip index added 229 points, or 3.5%, on Wednesday to close at 6,841. When points are converted to pounds, it meant almost £61bn was added to its collective
A customer exits after picking up Apple’s new 5G iPhone 12 that went on sale, as the coronavirus disease (COVID-19) outbreak continues, at an Apple Store in Brooklyn, New York, October 23, 2020. Brendan McDermid | Reuters Apple‘s App Store customers spent a record $540 million on New Year’s Day alone, marking a 40% increase
10:16 AM ET If there was any real drama remaining for Clemson fans, Trevor Lawrence put an official end to it Wednesday, releasing a video on social media announcing he would enter the NFL draft. “My time here has been amazing, and I’ll be a Clemson Tiger forever,” Lawrence said in the video. Thank you,
With full lockdowns under way across the UK once again, it’s time to spend (even more) time in front of our TVs. Here is our guide to the shows coming up that will hopefully make life more bearable while the strict COVID-19 restrictions are in place over the next few weeks and months. Image: Jenna
OpenAI has unveiled DALL-E and CLIP, two new generative AI models that can generate images from your text and classify your images into categories respectively. DALL·E is a neural network that can generate images from the wildest text and image descriptions fed to it, such as “as an armchair in the shape of an avocado”,
Jeremy Darroch is to step down as chief executive of Sky, the parent company of Sky News, after 13 years. Mr Darroch, 58, is one of the UK’s longest-serving chief executives. His successor will be Dana Strong, currently president of consumer services at Comcast Cable, the largest broadband and pay TV provider in the United
Teacher assessments will replace GCSE and A-level exams in England this summer, the education secretary has announced. “This year, we’re going to put our trust in teachers, rather than algorithms,” Gavin Williamson told MPs in the Commons. Setting out his plans for students as MPs prepared to vote on England’s latest lockdown, Mr Williamson said
Boris Johnson says he had “no choice” but to implement another national lockdown in England as “the facts are changing” on coronavirus infections. The prime minister told MPs that the government will use “every available second” to place an “invisible shield” around elderly and vulnerable people through the rollout of COVID-19 vaccines. Follow live updates
Moderna’s COVID-19 vaccine has been approved for use by the EU’s drug regulator. The decision by the European Medicines Agency came on the same day as the Netherland’s began administering its first doses against coronavirus. EMA executive director Emer Cooke said: “This vaccine provides us with another tool to overcome the current emergency.” The decision,
Renowned French chef and restaurateur Albert Roux has died at the age of 85, his family has announced. The Roux family said he had been unwell for some time before he died on Monday. He was famous for opening Le Gavroche in London with his late brother Michel Roux, who died last year, in 1967.
U.S. West Texas Intermediate crude futures, the U.S. oil benchmark, broke above $50 on Tuesday for the first time since February. The move higher marks a steady comeback for oil prices after the coronavirus pandemic and subsequent demand loss sent futures prices tumbling, and briefly into negative territory last April. WTI last traded $2.23, or
Democrat Raphael Warnock has unseated Kelly Loeffler in the Georgia Senate election, NBC news projects. The final votes are being counted in two key Senate runoff elections that will determine control of the US Senate and the fate of Joe Biden’s presidency. Warnock and fellow Democrat Jon Ossoff need to win both races to seize
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