Protesters have stormed the office of Sri Lanka’s prime minister as police use tear gas on crowds. A nationwide state of emergency has been declared by the prime minister’s office and a curfew has been imposed in the Western Province in Sri Lanka. Sri Lanka’s president Gotabaya Rajapaksa has fled the country after months of
Inflation and global supply chain constraints continue to take their toll on EV automakers, especially those based in the United States. Young automakers like Rivian and Arrival have announced plans to restructure their businesses, hinting at potential layoffs. Meanwhile, EV veteran Tesla has laid off hundreds of employees the past month and continues to do
A federal judge in a New York bankruptcy court has frozen the remaining assets of crypto hedge fund Three Arrows Capital following the firm’s rapid fall from prominence. The fund, founded nearly a decade ago, managed $10 billion in assets just a few months ago. Now, its two co-founders are in hiding from angry creditors,
5:48 PM ET After shutting down inquiries about All-Star guard Donovan Mitchell, rival teams say the Utah Jazz are now showing a willingness to listen on possible trade scenarios, sources tell ESPN on Tuesday. The asking price appears to be steep, but in the wake of Utah’s recent Rudy Gobert blockbuster deal to Minnesota, the
Spotify has bought the musical guessing game Heardle – but some fans are not happy about the takeover. The streaming giant has not disclosed what it paid, but its inspiration, a five-letter guessing game called Wordle, was sold to the New York Times for a seven-figure sum earlier this year. Heardle challenges players to identify
New footage has been released that shows how a deadly shooting in a Texas school unfolded. Nineteen children and two teachers were killed when Salvador Ramos targeted Robb Elementary School in Uvalde. The video shows the 18-year-old gunman crashing his pickup truck and entering the building -carrying an AR-15 assault rifle and walking down a
In this article TWTR Musk’s plan to buy Twitter has worried policymakers around the world. Joe Skipper | Reuters Twitter filed suit against Elon Musk in the Delaware Court of Chancery on Tuesday after the billionaire said he was terminating his $44 billion deal to buy the company. Twitter said Musk, after entering a binding
The president of Sri Lanka has fled the country after protesters stormed his home and office amid a three-month economic crisis. President Gotabaya Rajapaksa, his wife and two bodyguards left aboard a Sri Lankan Air Force plane bound for the city of Male – the capital of the Maldives. It comes just days after activists
The first round of voting in the Conservative leadership race will take place today – and Tory MPs will be able to choose from eight contenders. Those vying to become the party’s new leader, and the next prime minister, will need to secure at least 30 votes in order to advance to the next stage.
After years of development and jumping through hoops to get the Nevera on the road, which will likely usher in the next generation of top-performance vehicles, Rimac has finally started production of the Nevera electric hypercar. Deliveries to customers are imminent. A decade ago, Rimac set a new benchmark for electric performance with the Concept_One.
In this article EQNR-NO Although it is involved in renewable energy projects, Equinor is a major producer of fossil fuels. The Norwegian state has a 67% holding in the company. Hakon Mosvold Larsen | Afp | Getty Images Norway’s Equinor is to acquire U.S.-based battery storage developer East Point Energy after signing an agreement to
The entire stablecoin market is now worth more than $160 billion. Justin Tallis | AFP via Getty Images The co-founders of failed crypto hedge fund Three Arrows Capital appear to be on the run from creditors, according to court documents recently filed in New York. Lawyers representing the creditors say the physical whereabouts of Zhu
NASA officials gathered today to unveil first full-colour images from the James Webb Space Telescope, the largest and most powerful orbital observatory ever launched. The first batch of full-colour, high-resolution pictures, which took weeks to render from raw telescope data, were selected by NASA to provide compelling early images from Webb’s major areas of inquiry and a preview of science missions ahead.
8:02 AM ET Count Ben Roethlisberger among those who may not be fans of the new name of the Pittsburgh Steelers‘ stadium. The Steelers announced Monday that the stadium, known as Heinz Field since it opened in 2001, has been renamed to Acrisure Stadium. Roethlisberger, who played his entire 18-year career as the Steelers’ starting
The widely-accepted narrative around consumer spending right now is that it is under pressure both in the United States and Europe. Retail sales figures have pointed – certainly in the UK – to a decline. The British Retail Consortium reported on Tuesday that retail sales volumes in June fell for a third consecutive month, although
The James Webb Space Telescope from NASA has released the first of many images that it has captured of the deep space. The first picture is the deepest and sharpest image taken of the universe until now. The image, showcasing the galaxy cluster SMACS 0723, bending light from more distant galaxies behind it towards the