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Month: July 2022
With more than 19,000 virtual currencies in existence, the cryptocurrency industry has likened the current state of the market to the early years of the internet. Industry players said however that most of these coins will collapse. Nurphoto | Getty Images As recently as March, Three Arrows Capital managed about $10 billion in assets, making
Japan has said farewell to its country’s its longest-serving prime minister, Shinzo Abe, who was shot dead at a campaign rally last week. Long lines of people queued outside the Zojoji temple in Tokyo to pay their respects to the man who dominated Japanese politics for decades. The 67-year-old’s assassination by an unemployed man wielding
There is a 30% chance that Sunday will be the hottest day the UK has ever seen – with yesterday’s heat already having an impact. Senior government officials met to discuss plans for the first-ever heatwave emergency in a bid to deal with the rising temperatures, according to the Telegraph. A national emergency is declared
NASA has released the first full-colour image of deep space captured by the James Webb Space Telescope and it’s just as stunning as we’ve been expecting. US President Joe Biden and NASA administrator Bill Nelson unveiled the first image at a special live streamed event at the White House in Washington DC, showing a scene from
Elon Musk, during an event at SpaceX headquarters in Hawthorne, California, U.S., on Thursday, Oct. 10, 2019. Bloomberg /Getty Twitter said Monday in a letter that Elon Musk‘s bid to terminate his proposed $44 billion acquisition of the social media company is “invalid and wrongful.” The letter, addressed to Musk’s lawyers, followed the Tesla CEO’s
The winner of the Conservative leadership contest will be unveiled on 5 September – and some candidates could be knocked out of the race today. Eleven Tory hopefuls have thrown their hat into the ring, but those who fail to get support from 20 MPs will not appear on the first ballot, which is due
The governor of the Bank of England has said he still thinks inflation will fall sharply next year. The Bank is due to start working on forecasts that will be released with its next interest rate decision on 4 August. Andrew Bailey told the treasury select committee on Monday afternoon that he expected inflation would
Touring various electric bike factories has been a fascinating experience for me over the years. It’s a chance to look behind the curtain and see how the sausage is made, so to speak. And with bicycles being one of the great equalizers, it is interesting to see each culture’s take on the handy vehicles. I’ve
People photographed in Bengaluru, Karnataka, India. According to the UN, India is home to over 1.4 billion people. Peter Adams | Stone | Getty Images India is on track to overtake China as the planet’s most populous country next year, according to a U.N. report published on Monday. The report, from the population division of
The composer who wrote the theme for the James Bond films has died at the age of 94. A statement on his official website said: “It is with sadness we share the news that Monty Norman died on 11th July 2022 after a short illness.” He began his career singing in big bands before forging
10:25 AM ET Clemson failed to make the College Football Playoff last season, and after a string of four straight top-10 overall and top-ranked ACC classes, the Tigers fell short of both those marks during the 2022 cycle. How they perform on the field this season remains to be seen, but the Tigers have roared
The pound has fallen to a two-year low as the political landscape adds to uncertainty in an economy already under strain. On Monday afternoon the pound was at US$1.1867 – its lowest level since March 2020. Just before 5pm, it had strengthened slightly to US$1.19. It comes days after Boris Johnson’s resignation as prime minister
Flights from Gatwick are more likely to have been cancelled so far this year than at any other major UK airport. The rate is 10 times worse than Stansted, the best-performing British hub. More than 3% of planned flights from Gatwick didn’t take place, compared with 0.3% of those from Stansted, according to figures from
8:35 AM ET Edmonton Oilers general manager Ken Holland has surveyed the NHL free-agent landscape every summer since 1997. What does he see as the 2022 market prepares to officially open Wednesday at noon? “Lots of teams are tight on the cap, so it’s going to be interesting,” Holland told ESPN. “And then other teams
Digging deeper through laboratory experiments and computer simulations, researchers at the Eidgenossische Technische Hochschule (ETH) Zurich have proposed a new theory on the formation of the Earth. In their study, researchers developed models to demonstrate how planets formed in our solar system and shed light on their composition. “The prevailing theory in astrophysics and cosmochemistry
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