New rules banning a “loyalty penalty” on insurance will save consumers £4.2bn over ten years – but could also reduce cut-price switching deals, the UK financial watchdog said. The Financial Conduct Authority (FCA) has confirmed a ban on car and home insurance renewal quotes being any more expensive than they would be for new customers,
Month: May 2021
4:51 PM ET And so, Zinedine Zidane exits stage left, of his own accord and for the second time in three years. You have to go back nearly a quarter of a century to find the last Real Madrid manager who said “no mas” and willingly made his way out of the Santiago Bernabeu without
The launch of a Soyuz rocket carrying 36 UK telecommunication and Internet satellites has been postponed until Friday, the Russian space agency Roscosmos said. OneWeb, a London-headquartered company, is working to complete the construction of a constellation of low Earth orbit satellites providing enhanced broadband and other services to countries around the world. The launch
Elizabeth Holmes, founder and former chief executive officer of Theranos, center, exits U.S. federal court in San Jose, California on May 6, 2021. Nina Riggio | Bloomberg | Getty Images In the case of Elizabeth Holmes apparently all publicity isn’t good publicity. Attorneys for the former Theranos CEO are citing widespread negative coverage as a
A former NASA astronaut has pleaded guilty to manslaughter after killing two young sisters in a car crash nearly five years ago. James Halsell Jr, an ex-space shuttle commander, was allegedly under the influence of drugs or alcohol when he drove a rental car into the back of another vehicle carrying 11-year-old Niomi Deona James
Courtesy of NRDC.By Sujatha Bergen & Susan Casey-Lefkowitz President Biden is set to release his first detailed budget proposal. This blueprint for government spending is an enormous opportunity to eliminate handouts to the fossil fuel industry through the new American Jobs Plan and Executive Order on Tackling the Climate Crisis at Home and Abroad. Here’s what the budget should eliminate: loopholes in
With variable renewable energy (VRE) expected to become a much larger share of the global energy mix, storage solutions are needed beyond short-duration timescales, such as standard commercial batteries, which are suitable for covering hourly differences in net load. A Nature Energy “News & Views” article by National Renewable Energy Laboratory (NREL) research engineer Omar J. Guerra
In this article @LCO.4 @CL.1 Consumers pump gas at a Costco gasoline station on May 11, 2021, in Atlanta, Georgia. Elijah Nouvelage | AFP | Getty Images Gasoline prices are expected to be the highest for a Memorial Day weekend in seven years, and prices could stay elevated all summer, as Americans take to the
Plans to fully reopen society on 21 June “look somewhat in doubt” after cases of the Indian COVID variant in England doubled in the space of a week. Professor Danny Altmann of Imperial College London told Sky News that the final stage of the roadmap, which would see all limits on social contact lifted, are
Syria’s President Bashar al Assad has been re-elected with 95.1% of the vote, according to officials in the country, as the West denounced the vote as illegitimate. Officials said 78.6% of eligible voters cast their ballot – but in a country where many are displaced after a 10-year conflict, this figure has been questioned. Areas
Marcus Rashford has had a Zoom call with Barack Obama, describing the experience as “surreal”. The 23-year-old footballer met virtually with the former president and the pair bonded over their shared experiences of being raised by single mothers and wanting to make an impact on society. Rashford, who has been an outspoken champion for tackling
More than 1.5 million people flew into the UK between January and April while the UK’s borders were supposed to be heavily restricted, new figures reveal. Home Office data shows that about two-thirds of arrivals in 2021 were non-UK nationals. Labour says the figures demonstrate that the government’s border policy is “weak and dangerous”. Shadow
The state of California recently ordered 52 solar-powered EV chargers from San Diego-based Beam Global. The off-grid clean energy chargers will provide electricity in emergency situations and charge zero-emissions state fleets. They will be paired with energy storage systems in order to provide electricity during outages, at night, and when weather reduces solar production. Typically,
Tesla’s plan for a retractable solar bed cover on its Cybertruck electric pickup truck has been revealed in a new patent application. After the launch of the Cybertruck, CEO Elon Musk surprised many when he said that Tesla’s new electric pickup truck will have a solar roof option that will add 15 miles of range per
In this article GOOGL Google signage. NurPhoto | Getty Images At Google’s annual marketing event Thursday, the company is showcasing ways advertisers will continue to be able to reach consumers as it reduces support for tracking cookies, which advertisers have used for decades to track users across sites to target ads and measure how effective
The vortex caused by the collapse of Greensill Capital has consumed the fortunes of its eponymous founder Lex, the reputation of former prime minister David Cameron and, most seriously of all, may yet do the same for Liberty Steel and the 3,000 jobs it supports. Rishi Sunak and the Treasury officials who were the subject
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