Space technology startups are being forced to limit their sky-high ambitions, as their venture-capital backers turn to safer bets due to the current economic turmoil, VC firm Space Capital said. Decades-high inflation, rapidly rising interest rates and the Ukraine war have roiled global financial markets, forcing investors to evaluate their investment strategies and focus on
Month: October 2022
The aftermath of Hurricane Ian has brought an increase in reported infections of a rare flesh-eating bacteria in Florida. There were 65 cases of Vibrio vulnificus and 11 deaths in the state so far this year as of Friday, according to the Florida Department of Health. It was up from 34 cases and 10 deaths
Whon Namkoong, co-chief executive officer of Kakao Corp., speaks during a news conference in in Pangyo, South Korea, on Wednesday, Oct. 19, 2022. Namkoong resigned after a widespread outage took out Koreas most popular messaging and social media service. Photographer: SeongJoon Cho/Bloomberg via Getty Images Bloomberg | Bloomberg | Getty Images A top executive at Kakao Corp.,
The rate of inflation rose to 10.1% in September, according to official figures, as the economy reels from the effects of rising prices and the fallout from the mini-budget. The Office for National Statistics (ONS) said the consumer prices index (CPI) measure rose from an annual rate of 9.9% in August to match the recent
New figures are expected to show inflation returned to double figures in September due to still-rising food prices. The Office for National Statistics will reveal the latest increase in the cost of living for UK households on Wednesday morning. And economists have predicted it will show Consumer Price Index (CPI) inflation increased to 10% in
It’s a sign of how bad things are for the new prime minister that only her third Prime Minister’s Questions is being billed as a potentially defining moment in her short premiership. MPs tell me that how Liz Truss performs at the despatch box against Sir Keir Starmer at their weekly joust will be an
There are days in Bakhmut that are more difficult than others – although no day is easy in this battered city. Once home to 100,000 people, it’s now a military objective for the Russian army, the gateway to key industrial cities in eastern Ukraine. But the city has become a major obstacle for Russian generals,
A man has been arrested in Florida after the bodies of four missing people were found shot and dismembered in a river. Joe Kennedy was stopped by officers after being spotted driving a stolen vehicle in the city of Daytona Beach Shores on Monday, local police chief Joe Prentice said. The 67-year-old, who has been
Oct 18, 2022 Leigh Halfpenny, Ken Owens and Justin Tipuric are in line to make their comebacks for Wales in the November internationals more than a year after they last appeared for their country. Flyhalf Dan Biggar and back Liam Williams will miss out because of injury as coach Wayne Pivac on Tuesday named a
Among the highest paid actors in the world and widely considered as one of Hollywood’s nice guys, Dwayne Johnson is often asked whether he would think about running for president. But when he is visiting the UK – and with the country in just a spot of political turmoil at the moment, it’s fair to
Your favorite late-night snack place, Taco Bell, is always looking for new ways to serve its customers, introducing irresistible favorites like nacho fries. TB’s latest idea: to serve the growing population of EV drivers with ultrafast charging stations so you can “get an EV charge and a chalupa all in one easy stop.” The first
The EU is working on new measures to mitigate gas prices. Donato Fasano | Getty Images News | Getty Images LONDON — The European Union is working on new measures to prevent extremely high gas prices after “excessive” levels seen this summer, in a move that could have major implications for European consumers. The European
In this article AAPL Follow your favorite stocksCREATE FREE ACCOUNT The new iPad Apple Apple announced new versions of its iPad Pros, a totally redesigned regular iPad and an updated version of the Apple TV 4K on Tuesday. The launches give Apple more new gadgets to sell ahead of the important holiday shopping season. The
9:00 AM ET The week that was in professional golf saw many notable players return to the winner’s circle. Keegan Bradley ended a four-year PGA Tour drought by winning the Zozo Championship in Japan. Brooks Koepka claimed his first victory in 20 months by winning LIV Golf’s first event in Saudi Arabia, which, if you
The NHS is setting up data-driven “war rooms” as it prepares for what could be England’s “toughest winter on record”, new plans have revealed. Under the government’s winter preparation plan, which aims to help the NHS cope during the colder months, the 24/7 “care traffic control centres” are expected to be created in every local
Meta, the owner of Facebook and Instagram, has been ordered by the UK competition regulator to sell the GIF library Giphy. The Competition and Markets Authority (CMA) said the ruling was a “final decision”. The move followed a protracted effort by Meta to overturn a CMA ruling last year that the takeover, which completed in
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