OPEC and its allies left the oil market hanging on Monday when they indefinitely postponed talks to resolve a disagreement over production curbs. Crude prices first surged to six-year highs, then retreated, and uncertainty continues to hang over future OPEC+ policy. But at least one energy analyst expects a breakthrough to come soon. “I think
Month: July 2021
The economy grew by 0.8% in May but remains 3.1% below its pre-pandemic peak, according to the Office for National Statistics. The figure was just over half of the 1.5% growth predicted by economists and it was also lower than the 2% growth seen in April, when restrictions eased for non-essential retailers, hairdressers, pubs and
Deaths from starvation are outpacing those from coronavirus around the world with 11 lives a minute likely lost to hunger, an anti-poverty charity has warned. COVID-19 was one of the “three lethal Cs” fuelling the global emergency together with conflict and the climate crisis, said Oxfam. According to its report, The Hunger Virus Multiplies, a
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
Police bodycam footage shows officers rescuing a six-year-old girl after she was kidnapped from outside her home in Kentucky. The victim was riding her bicycle in Louisville on 2 July when she was snatched by a stranger in a car, witnesses told the Louisville Metro Police Department. Neighbour Prentiss Weatherford told WHAS-TV that he saw
For nearly a decade, utility companies have been targeted by companies and individuals selling a particular kind of snake oil. Don’t get me wrong, I don’t think a lot of these people are acting maliciously (I’ll get to that in a minute). In fact, I think a lot of these people have the best of
Two members of the Metropolitan Police have been served misconduct notices over potential failings in the disappearance of teenager Richard Okorogheye, the police watchdog has told Sky News. The 19-year-old student, who had sickle cell disease and was shielding during the pandemic, went missing after leaving his family home in Ladbroke Grove, west London, on
In this article MSFT Satya Nadella, chief executive officer of Microsoft Corp. Grant Hindsley | Bloomberg | Getty Images Microsoft will give out $1,500 bonuses to many of its employees after more than a year of impact from the coronavirus. The gesture is part of an effort at technology companies to keep employees happy during
11:09 PM ET Evil has prevailed. Tampa Bay has captured a second straight Stanley Cup. The Great Lightning Heist has been completed. This is how we’re supposed to react to this victory, right? That the “cheaters” won? That the team that was $18 million over the salary cap after reuniting with star winger Nikita Kucherov
A US citizen is believed to be among six people detained over the assassination of Haiti’s president, according to reports. Jovenel Moise died at his home in Port-au-Prince, the capital of the impoverished Caribbean island, in the early hours of Wednesday. Officials have said the attack was carried out by “a highly trained and heavily
The government will set out its plans for post-Brexit arrangements for Northern Ireland within the next two weeks – as Labour claimed trust in Boris Johnson over the issue had fallen to “an all-time low”. At the end of last month, the UK and EU agreed a three-month extension to a grace period to avert
LONDON — Oil and gas giant BP on Thursday published its benchmark Statistical Review of World Energy, describing 2020 “as a year like no other” due to the impact of the coronavirus pandemic on global energy. Over the past seven decades, BP said it had borne witness to some of the most dramatic episodes in
The chief executive of the competition watchdog is preparing to step down next year, creating a further vacancy at the helm of one of Britain’s most powerful economic regulators. Sky News has learnt that Andrea Coscelli has informed colleagues that he does not intend to seek a further term at the Competition and Markets Authority
The debate over the sparkling green hydrogen economy of the future is getting fiery hot. Hydrogen is an abundant, zero emission fuel, but almost all of the hydrogen in today’s market comes from natural gas, which is a significant contributor to the greenhouse gas problem. Yikes! Well, it appears that the US Department of Energy
Elon Musk has now put an official date on Tesla launching its ‘mind-blowing’ Full Self-Driving Beta v9 software update. It should come on Saturday if it’s not again delayed. Tesla Full Self-Driving Beta v9 Tesla is currently testing the “feature complete” version of its Full Self-Driving (FSD) package in beta with a few thousand customers
11:25 PM ET New York Mets slugger Pete Alonso, secret weapons in tow, is ready to defend the Home Run Derby crown he captured in 2019, but Los Angeles Angels star Shohei Ohtani is the No. 1 seed in this year’s bracket. The eight-man Home Run Derby field was officially unveiled Wednesday night and Alonso’s
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