Water company United Utilities has reported hundreds of millions in profit as it seeks to further increase customer bills. The utility serving seven million customers in the northwest of England recorded £335.7m in underlying operating profits for the first half of this year, up nearly 23% from £271.1m a year ago. It comes as the
Month: November 2024
Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. Markets: Stocks lost some momentum in afternoon trading after the S & P 500 had mounted a rally back above 6,000. The broad index was roughly
Dado Ruvic | Reuters LISBON, Portugal — Tech giants are increasingly investing in the development of so-called “sovereign” artificial intelligence models as they seek to boost competitiveness by focusing more on local infrastructure. Data sovereignty refers to the idea that people’s data should be stored on infrastructure within the country or continent they reside in. “Sovereign AI
Leading electric vehicle analyst, author, and industry thought leaders Loren McDonald and Bill Ferro stop by Quick Charge to discuss EV Adoption’s acquisition by Paren, the “crisis” of EV charging reliability, and the real state of the EV market. Depending on who you listen, EVs are either driving brands to record growth and are about cross
At the White House on Wednesday, a hugely anticipated moment – the beginning of the transfer of power between two such fierce foes. It was a moment of history, a moment of symbolism. It could have stoked bitterness and glee, but there was no sign of either. However, it was not the biggest moment of
Gladiator II star Paul Mescal has said bringing Sir Ridley Scott’s legacy sequel to the big screen has been a “wildly… overwhelming” experience. The star was speaking to Sky News on the red carpet at the film’s royal premiere which was attended by His Majesty the King, who had earlier hosted members of the film
Pension “mega funds” will be created under government plans to increase infrastructure investment. Reforms could “unlock £80bn” of investment, according to Treasury plans, which say bigger funds can get greater returns. Chancellor Rachel Reeves wants to imitate the way large Canadian and Australian pension schemes work. She will give more details about her plans in
Nov 13, 2024, 02:12 PM ET Open Extended Reactions What can’t Caitlin Clark do? Editor’s Picks The Indiana Fever star and WNBA Rookie of the Year played in a pro-am at The Annika at Pelican Golf Club in Belleair, Florida, showing off her skills on the golf course. She played alongside world No. 1 Nelly
Buy now, pay later firms like Klarna and Block’s Afterpay could be about to face tougher rules in the U.K. Nikolas Kokovlis | Nurphoto | Getty Images Klarna, which is known for its popular “buy now, pay later” business, announced Wednesday it has filed initial public offering documents with the U.S. Securities and Exchange Commission.
Mike Coppinger, ESPN Boxing InsiderNov 12, 2024, 07:48 AM ET Close Mike Coppinger has covered boxing since 2010 with roles at USA Today, Ring Magazine and The Athletic before he joined ESPN in 2021. You can follow him on Twitter: @MikeCoppinger Open Extended Reactions MIKE TYSON SAT on the canvas with his back against the
NASA astronaut Sunita Williams has recently addressed speculations surrounding her health condition while on the International Space Station (ISS), discarding recent claims made by media outlets regarding her wellbeing. In response to reports that suggested she appeared “gaunt” due to an extended stay on the ISS, Williams clarified her status during a video interview on
Consumer rights group Which? is suing Apple for £3bn over the way it deploys the iCloud. If the lawsuit succeeds, around 40 million Apple customers in the UK could be entitled to a payout. The lawsuit claims Apple, which controls iOS operating systems, has breached UK competition law by giving its iCloud storage preferential treatment,
Global carbon emissions from fossil fuel combustion have reached an unprecedented peak in 2024, with the Global Carbon Project reporting a projected 37.4 billion tonnes of fossil CO2 emissions, a 0.8% increase from 2023. The report underscores an urgent call for emissions reduction as the world’s annual output of CO2 from fossil fuels and land-use
AMD CEO Lisa Su makes the opening speech at COMPUTEX forum in Taipei, Taiwan June 3, 2024. Ann Wang | Reuters AMD said on Wednesday that it will lay off 4% of its global staff, as the longtime CPU maker seeks to gain a stronger foothold in the growing artificial intelligence chip space dominated by
We say it all the time. Scaling is hard. However, that doesn’t appear to be an issue for Xiaomi Automobile, the new EV business arm of consumer electronics giant Xiaomi Corporation. According to a recent social media post by Xiaomi’s founder, the automotive division has built the 100,000th example of its flagship SU7 EV in
Labour MPs who are opposed to legalising assisted dying believe the momentum is swinging behind their side of the campaign, Sky News has learnt. MPs are currently weighing up whether to back a change in the law that would give terminally ill people with six months to live the choice to end their lives. At
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