Rishi Sunak is unveiling an emergency COVID rescue plan to protect jobs that is expected to include wage subsidies, VAT cuts and more cheap loans for struggling businesses. In a dramatic move, the chancellor has cancelled his autumn Budget and instead will launch a “Winter Economy Plan” after MPs and unions warned of the risk
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Europe’s plans to tackle the arrival of migrants and refugees risks being undermined by the economic effects of COVID-19, according to one of the nations most profoundly affected by migration. The European Commission launched plans on Wednesday intended to share the burden of migration, with member states either agreeing to resettle those granted asylum or
7:30 AM ET The quarterback star of the 2020 NFL season thus far is hardly a new name. Here’s the best thing I can say about Russell Wilson after the Seattle Seahawks‘ first two games: He has thrown almost as many touchdown passes (nine, a league high) as he has incompletions (11). Against all odds,
The Florida Public Service Commission met about solar net metering and didn’t change the rule. China says it will achieve a peak in emissions before 2030 and become net zero before 2060. The world’s largest offshore wind farm, Dogger Bank, has ordered 190 13MW wind turbines. Arcadia Power is committed to making clean energy work
Volkswagen revealed the new ID.4 electric SUV on Sept. 23, 2020— the brand’s first long-range EV to be sold in the U.S. Volkswagen Volkswagen AG will leverage its global footprint to profitably produce a new all-electric SUV called the ID.4. The vehicle, which will be produced at five factories on three continents, targets mainstream buyers,
Echelon Prime bike Echelon Amazon is distancing itself from the $500 “EX-Prime” bike launched by exercise equipment maker Echelon Fitness, after the product was incorrectly marketed as a collaboration between the two companies. Echelon on Tuesday announced the so-called “Prime bike,” calling it “Amazon’s first-ever connected fitness product” that was “developed in collaboration with Amazon.”
Attorney General William Barr appears before the House Oversight Committee on Capitol Hill, in Washington, U.S., July 28, 2020. Matt McClain | Reuters The Department of Justice proposed legislation Wednesday to reform a key legal liability shield for the tech industry known as Section 230. The draft legislation focuses on two areas of reform. First,
Sir Keir Starmer has called for new support for businesses and workers following the introduction of fresh coronavirus restrictions – as he condemned the government’s “serial incompetence” in dealing with the crisis. The Labour leader, in an interview with Sky News’ political editor Beth Rigby, reiterated his party’s support for the measures introduced by Prime
The UK has reported 6,178 new coronavirus cases – the highest daily total in four months. There have only been two days since the pandemic began which have exceeded this total – 1 May, when there were 6,201 confirmed cases and 5 April, when there were 6,199. More cases are being detected now than at
The Great British Bake Off’s first episode of the new series has proved a ratings hit for Channel 4 – averaging 6.9 million viewers and peaking at 7.9 million. It was the show’s biggest overnight launch – up more than a million on last year. New co-presenter Matt Lucas made his Bake Off debut alongside
In another twist of the knife, GE Senior VP Russell Stokes explained that GE is “focused on power generation businesses that have attractive economics and a growth trajectory.” Ouch! Squeezing 13 Megawatts From A 12-Megawatt Wind Turbine GE plans to wind down its ongoing obligations, including contracts with existing coal power plants, so it will
7:35 AM ET Their relationship might seem a bit peculiar, but clearly Tiger Woods sees something in Bryson DeChambeau that might amuse, entertain, intrigue — or all of the above. They are frequent practice-round partners, and it is not often that someone whom Woods does not care to have in such settings steps into that
7:38 AM ET It’s a sight as emblematic of the French Open as white socks deeply stained by red clay dust: The chair umpire climbs down from the lofty perch and jogs over to inspect a skid mark in the clay near a white line. He or she inspects the mark, sometimes bending to peer
Donald Trump has referred to the death of 200,000 people from coronavirus in the US – the highest figure of any country in the world – as “a shame”. The president insisted the number of Americans who had died from COVID-19 could have been far higher had it not been for the actions of his
Mukesh Ambani, India’s richest man and the powerhouse behind one of the country’s largest conglomerates, has emerged as a shock contender to take control of Debenhams, the struggling department store chain. Sky News has learnt that Mr Ambani’s Reliance Retail empire, which last year bought the world-famous British toy store Hamleys, is among a small
Tesla announced today an upcoming $25,000 electric car enabled by its new battery cell and coming within the next 3 years. Originally, CEO Elon Musk indicated that Tesla wouldn’t likely make a car for less than $35,000. Is thought process was that with the advent of autonomous ride-sharing electric car fleets would reduce the cost