Month: February 2022

Inflation hit 5.5% in January, its highest rate since March 1992, as the cost of living in Britain continued to surge, official figures show. The consumer price index (CPI) measure of inflation, up from 5.4% in December, was in line with economists expectations – as clothing, housing, and furniture prices climbed higher, the Office for
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7:09 PM ET Associated Press DAYTONA BEACH, Fla. — No surprise this time. Michael McDowell topped the leaderboard again at Daytona. McDowell opened the first Daytona 500 practice session with a top speed of 192.736 mph, the first time NASCAR showed off its new car at the track ahead of Sunday’s sold-out race. McDowell, last
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Journalist and political satirist PJ O’Rourke, has died. The American writer and best-selling author who rose to fame as editor-in-chief of the now-defunct satirical magazine National Lampoon, was 74. He had been diagnosed with lung cancer. Morgan Entrekin CEO of Grove Atlantic, a New York-based publisher of his books, described him as “one of the
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Elon Musk might have actually followed through with the supposedly “world hunger-ending donation” that he questioned last year as Tesla reveals he has donated billions worth of shares over the last few months. Though the recipient of the giant donation worth almost $6 billion hasn’t been revealed. Last year, Musk took to Twitter to say that
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A bulldozer pushes coal onto a conveyor belt at the Jiangyou Power Station on January 28, 2022 in Jiangyou, Mianyang City, Sichuan Province of China. Liu Zhongjun | China News Service | Getty Images LONDON — Banks and investors have channeled massive sums of money to support the coal industry in recent years, according to
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A Boohoo advert has been banned following complaints it was “sexually suggestive” and “irresponsible”. The Advertising Standards Authority (ASA) received a complaint that the images shown on the advert were “offensive, harmful and irresponsible”. “We concluded that the ad objectified and sexualised women. It was therefore irresponsible and likely to cause serious offence,” the ASA
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Russian President Vladimir Putin has insisted he “of course” does not want a war in Europe amid conflicting claims he had withdrawn some his country’s forces from Ukraine’s borders. Speaking at a news conference following talks with German Chancellor Olaf Scholz, Mr Putin stressed he was not keen on a military confrontation. He also suggested
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In this article TSEM-IL INTC Patrick Gelsinger, chief executive officer of Intel Corp., speaks during a Bloomberg Studio 1.0 interview at the company’s headquarters in Santa Clara, California, Feb. 3, 2022. David Paul Morris | Bloomberg | Getty Images Intel agreed to buy Tower Semiconductor for $5.4 billion, the company announced Tuesday, as it seeks
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