Kwasi Kwarteng, the chancellor, has ruled out tearing up the regime put in place to segregate high street lenders’ investment banking arms that was put in place after the 2008 financial crisis. Sky News has learnt that Mr Kwarteng told a gathering of industry chief executives this week that bank ring-fencing would not be scrapped
Month: October 2022
Zachary Bogue, co-managing partner for Data Collective LLC, speaks during the Future of Innovation: Spotlight on Artificial Intelligence Conference in San Francisco, California, U.S., on Thursday, June 22, 2017. The market for AI technologies is estimated to generate more than $60 billion in productivity improvements for U.S. businesses annually. Bloomberg | Bloomberg | Getty Images
Liz Truss has sacked trade minister Conor Burns from her government “with immediate effect” following an allegation of serious misconduct. The Tory MP for Bournemouth West has also had the whip suspended while the complaint is investigated. A No 10 spokesman said: “Following a complaint of serious misconduct, the prime minister has asked Conor Burns
A man with a knife has been shot dead by armed officers after being spotted in the car park of a police station in Derby. Police have said the identity of the man remains unknown following the shooting at 10.03am this morning. He was shot in the car park of a police station off Ascot
A new NASA-funded technology for future space missions may charge an electric car in just five minutes on Earth, paving the way for increased adoption of such vehicles, the US space agency said. Researchers at Purdue University, US developed the Flow Boiling and Condensation Experiment (FBCE) to enable two-phase fluid flow and heat transfer experiments
The professional wrestler and reality TV star known as Sara Lee has died suddenly at the age of 30. Her real name was Sara Weston and in 2015 she won Tough Enough, a competition in which contestants vied for a contract with WWE, the professional wrestling organisation. She had been a competitive powerlifter and was
The pound’s value ebbed and flowed on Friday – supported by a Bank of England deputy governor’s vow to persist in the fight against inflation but later hammered as stronger than expected US jobs data lifted the dollar. Remarks by Sir Dave Ramsden, a member of the monetary policy committee (MPC) which sets Bank rate,
The number of company insolvencies in England and Wales hit its highest level for 13 years in the second quarter of the year, according to official figures. The Office for National Statistics (ONS) recorded a total of 5,629 business failures between April and June. It was the highest quarterly number since the third quarter of
The US president is hardly unique in saying the risk of a nuclear “Armageddon” is higher now than it has been since the Cuban missile crisis – or as it is known in Russia, the Caribbean crisis. Anyone who has thought for more than five seconds about Vladimir Putin’s nuclear threats given the geopolitical state
Nazanin Zaghari-Ratcliffe says “the world cannot turn a blind eye to Iran” and the UK government “must act” over human rights abuses, as women and girls take to the country’s streets in protest. The widespread action was sparked after the death of 22-year-old Mahsa Amini last month while she was in the custody of the
Two people have died and six have been injured during a knife attack outside a casino on the Las Vegas Strip. The attacker, named by police as Yoni Barrios, 32, was armed with a large kitchen knife during the “unprovoked” attack. Showgirls and street performers are believed to be among those injured in the attack
A four-member SpaceX Crew Dragon team, including a Russian cosmonaut and the first Native American woman sent to orbit, safely docked with the International Space Station (ISS) on Thursday and moved aboard to begin a five-month science mission. Rendezvous of the latest NASA expedition to the orbiting laboratory came just after 5 EDT (2:30am IST)
The FBI has reportedly gathered enough evidence to charge Joe Biden’s son with tax crimes and making a false statement to buy a gun. Hunter Biden, 52, has been under investigation since 2018 and has denied any wrongdoing. FBI agents are said to have a “viable case” against the son of the US president which
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In this article GM XOM OXY DE Follow your favorite stocksCREATE FREE ACCOUNT A view of the Exxon Mobil refinery in Baytown, Texas. Jessica Rinaldi | Reuters Jennifer Grancio was among the leaders at Engine No. 1, the upstart investing firm focused on climate and energy transition, that bested ExxonMobil in a 2021 proxy contest upset
US President Joe Biden has said the world is facing the biggest threat of nuclear “Armageddon” since the days of President Kennedy and the Cuban Missile Crisis. Speaking at a Democratic Party fundraiser in New York, his ‘off camera’ comments were overheard by journalists from the White House pool. It comes as Russian officials warned
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