Bidders for the ailing retailer Wilko have been given until Wednesday to table offers for the company after its collapse into insolvency last week. Sky News has learnt that PricewaterhouseCoopers (PwC), which was appointed as administrator on Thursday, is seeking offers by the middle of this week as Wilko faces running out of cash. A
Month: August 2023
Aditya-L1, the first space-based Indian observatory to study the Sun, is getting ready for its launch soon, ISRO said on Monday. The satellite realised at U R Rao Satellite Centre here, has arrived at the ISRO’s spaceport in Sriharikota in Andhra Pradesh, the Bengaluru-headquartered national space agency said in an update on the mission. “Mostly
A new drone flyover of Gigafactory Texas shows that Tesla Cybertrucks are now coming out of the factory in numbers. If Tesla sticks to its latest production timeline for the Cybertruck, we are just weeks away from the start of production and the first deliveries to employees. We have been following closely to determine if
In this article OIH SMH NVDA Follow your favorite stocksCREATE FREE ACCOUNT Drilling rigs sit unused on a companies lot located in the Permian Basin area on March 13, 2022 in Odessa, Texas. Joe Raedle | Getty Images News | Getty Images This report is from today’s CNBC Daily Open, our new, international markets newsletter.
British rock star Mick Fleetwood, who has lived in Hawaii for decades, has said the situation in Lahaina is “catastrophic” following deadly wildfires that have killed at least 93 people. The Fleetwood Mac drummer told Sky News that the disaster has been “an incredible shock for everyone” – and described the scene as “complete devastation”.
Asylum seekers spent four days on board the Bibby Stockholm barge after Legionella bacteria was discovered, it has emerged. Dorset Council says Home Office contractors were notified about the results last Monday – but all 39 migrants only left the controversial site on Friday as a “precautionary measure”. The council went on to claim that
Right to Repair laws are common in many countries and are designed to prevent manufacturers from maintaining a monopoly with costly repair services to fix a device. But electric bike makers are pushing lawmakers to exclude e-bikes from these laws. Right to repair laws make sense for a lot of consumer goods. When my robotic
The U.S. government is deploying trillions of dollars of stimulus money into infrastructure investments, boosting the prospects for a number of industrials in the Club portfolio. On the back of Covid’s impact on the economy, President Joe Biden enacted a slew of domestic funding bills in a bid to help the nation recover from labor
The Miss Universe beauty pageant has cut ties with its organisers in Indonesia following claims that contestants were forced to strip naked and undergo intimate “body checks”. Police have also launched an investigation into the allegations, while an upcoming pageant in Malaysia – arranged by the Indonesian franchisee holder – has been cancelled. It comes
Rishi Sunak has been warned that rowing back on climate policies could defeat the objective of protecting households from higher costs – and actually make energy bills more expensive. Downing Street has confirmed ministers are scrutinising existing net zero pledges “in light of some of the cost of living challenges”. The prime minister said he
A teenager who jumped in the ocean to flee the deadly wildfires in Hawaii has said his family probably would have died if they hadn’t stuck together. Noah Tomkinson, 19, was with his younger brother Milo, 13, and their mother in the historic town of Lahaina when the flames began to spread dangerously close. They
The owner of Burger King’s UK operations is in advanced talks about a new franchise deal that will cut the number of new restaurants it is obliged to open each year. Sky News has learnt that Bridgepoint, the London-listed private equity firm, is close to striking a long-term deal with Restaurant Brands International (RBI), the
Pubs in England and Wales will be allowed to continue serving takeaway pints after the government decided to keep COVID licensing rules. Pubs were given permission to serve customers through hatches when they were forced to close during lockdown restrictions in 2020. Those rules were due to expire at the end of next month, but
A baby was inside the tent that was struck by a car after it veered off the road and crashed into campsite – leaving two people in a serious condition and seven others injured. Clare Harris, who runs the Newgale campsite in Pembrokeshire, has said the baby is “okay” after the ordeal. It is not
The government has defended its immigration strategy after deaths in the English Channel prompted renewed criticism of the “stop the boats” pledge – including from Tory MPs. At least six people died after a small boat crossing from France to the UK capsized and sank, in what has been described as an “appalling and preventable”
A friend of a Pakistani porter who died on K2 has criticised the record-breaking mountaineers who allegedly walked past him to reach the mountain’s summit and described their behaviour as “below humanity”. Mohammed Hassan, 27, slipped and fell off a narrow trail in a particularly dangerous area of K2, the world’s second-highest peak, known as
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