Caffe Nero is considering an insolvency mechanism to restructure its financial liabilities as the coronavirus crisis continues to inflict pain on high Street hospitality businesses. Sky News has learnt that the chain, which is one of Britain’s biggest coffee shop operators, is examining a company voluntary arrangement (CVA) as an option to reduce its rent
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The coronavirus second wave is spreading more quickly than the first outbreak in spring, a top French scientist has warned, amid a growing resurgence of the virus across Europe. “The virus is circulating more quickly… the resurgence of the pandemic started in August,” French government scientific adviser Arnaud Fontanet told BFM TV on Friday. He
Official figures show the biggest quarterly leap on record for retail sales, as the sector battles back from the coronavirus lockdown amid renewed restrictions. The Office for National Statistics (ONS) reported a 17.4% jump in volumes in the third quarter of the year covering July to September. The wider figures were much stronger than analysts
The final presidential debate of the US election campaign happened overnight, with Donald Trump and Joe Biden facing off. And whether you missed it or want a recap, we’ve rounded up the defining moments and tried to gauge who came out on top. Click or tap here for the full report – and here are
Dara Khosrowshahi, chief executive officer of Uber Technologies Inc., listens during a panel discussion at the Bloomberg Global Business Forum in New York, U.S., on Wednesday, Sept. 26, 2018. Mark Kauzlarich | Bloomberg | Getty Images Uber and Lyft must comply with a preliminary injunction requiring them to stop classifying drivers as independent contractors pending
A new Tesla software leak revealed that the automaker is planning to bring a HEPA filter, enabling Tesla’s Bioweapon Defense Mode, to Model Y. With the Model X and later the Model S, Tesla has started to put massive HEPA-rated air filters inside its vehicles. The idea is for Tesla to put efforts into developing
Gold bullion bars are pictured after being inspected and polished at the ABC Refinery in Sydney on August 5, 2020. DAVID GRAY | AFP | Getty Images Goldman Sachs is forecasting a bull market for commodities in 2021 based on its outlook for a weaker dollar, inflation, and the prospect of further economic and fiscal
Joe Biden has renewed his attack on President Donald Trump’s handling of the coronavirus pandemic during the final debate ahead of the presidential election on 3 November. The Democratic candidate told the debate in Nashville, Tennessee: “Anyone who’s responsible for that many deaths should not remain president of the United States of America.” Mr Trump
October 22nd, 2020 by Zachary Shahan As I wrote earlier today, New Jersey has a legal requirement to cut its greenhouse gas emissions 80% by 2050, based on 2006 levels. Its biggest source of emissions is transportation, accounting for more than 40% of the state’s greenhouse gas emissions, so I focused my earlier article entirely
5:40 PM BST England’s Six Nations warm-up match against the Barbarians on Sunday is in doubt after a number of the invitational side’s players breached COVID-19 protocols, the Rugby Football Union (RFU) announced on Thursday. Eddie Jones’ England team were due to face the Barbarians at Twickenham prior to their final Six Nations game against
Pedestrians wearing protective masks walk past a Microsoft Technology Center in New York, on Wednesday, July 22, 2020. Jeenah Moon | Bloomberg via Getty Images Lawyers who prosecuted Microsoft over alleged antitrust violations in the late 1990s saw some familiar tactics in the Justice Department’s complaint against Google filed Tuesday. But it’s far from a
Nigeria’s protests against police brutality are “the most important moment” in the country’s history, music star Burna Boy has told Sky News. His words come two weeks after protests began, sparked by a video showing a man being beaten, apparently by police officers from SARS (Special Anti-Robbery Squad). Since then, the End SARS movement has
Just when you think you understand British politics, you relearn the lesson that you can’t write ground rules for how it operates in practice. There is not, I’m afraid, any algorithm that politics works to that doesn’t eventually fail. On Thursday, Chancellor Rishi Sunak did nothing short of a complete – shameless – U-turn on
October 22nd, 2020 by Johnna Crider TransAlta Renewables has announced the commercial operation of WindCharger, a milestone energy storage project powered by Tesla Megapacks. The project just went live in Alberta, Canada, and is actually Alberta’s first utility-scale battery storage project. The lithium-ion energy storage project has a nameplate power capacity of 10MW and a
West Midlands mayor Andy Street was urged to stop criticising the government by fellow Conservatives when he lobbied the chancellor to provide more support to struggling businesses. Mr Street told Sky News members of his party asked him to keep quiet despite his concerns that Tier 2 COVID-19 restrictions would endanger businesses, and said the
7:30 AM ET The 2021 NHL draft season is going to be tricky — to put it mildly. Start dates for leagues in North America are all over the map, and European leagues are already underway amid the constant threat of a coronavirus disruption. Many prospects haven’t played much, if at all, since March. In