As travel industry executives tout the rapid resurgence of tourism and entertainment, the pandemic stock portfolio is getting turned upside down. Airlines stocks are rallying alongside online booking sites, ride-hailing companies and Airbnb, after earnings reports showed clear signs of a recovery in travel. At the same time, stay-at-home stocks are sagging as borders reopen
The UK’s five biggest supermarkets will try to halve the environmental impact of a weekly food shop by the end of the decade. It is the latest climate promise made during the COP26 summit in Glasgow, and it comes as the UK announces it will lead 45 governments in moving towards more sustainable ways of
2:23 PM ET Associated Press Top-ranked Novak Djokovic beat unseeded American Taylor Fritz 6-4, 6-3 on Friday to reach the Paris Masters semifinals and remain on course for a record-extending sixth title at the tournament. Djokovic is also vying for a record 37th Masters title. He is tied on 36 with fellow 20-time Grand Slam
RJ Scaringe, founder and chief executive officer of Rivian Automotive Inc., unveils the R1T electric pickup truck, left, and R1S electric sports utility vehicle (SUV) during a reveal event at AutoMobility LA ahead of the Los Angeles Auto Show in Los Angeles, California. Bloomberg | Bloomberg | Getty Images Electric vehicle start-up Rivian Automotive raised
Twelve people have been arrested after hundreds of anti-establishment protesters gathered in Parliament Square in London on Bonfire Night, before scuffles broke out with police. Demonstrators wearing Guy Fawkes-style masks gathered at Trafalgar Square and burned an effigy of Prime Minister Boris Johnson. The protesters then moved to Parliament Square where fireworks appeared to be
As the UN Climate Conference continues, thousands will take to the streets in Glasgow today, alongside millions more in other towns and cities across the world, in a Global Day of Action against climate change. In Glasgow, a crowd will march to the city for a rally in the afternoon where teenage climate activist Greta
A group of men chased a black jogger – with one warning “I’ll blow your f****** head off!” – because they assumed he had committed a crime, a court has heard. Ahmaud Arbery was pursued for five minutes by the group before being shot dead near Brunswick, Georgia, on 23 February 2020. A phone video
Nine armed Ethiopian factions have joined forces in a bid to remove Prime Minister Abiy Ahmed from power. The newly-formed United Front of Ethiopian Federalist and Confederalist Forces aims to form a transitional government “by force or by negotiation”. “There is no limit for us… Time is running out”, said Tigray official and former foreign
In a new note to his management team, as he is being challenged by his own workforce, VW CEO Herbert Diess explained why the German automaker needs to be more like Tesla. Surprisingly, a lot of it has to do with manufacturing – something that Elon Musk said would become Tesla’s main advantage. As we
LONDON — Renewables have an important role to play when it comes to ensuring energy security and safeguarding against the price fluctuations associated with fossil fuels, according to the U.S. energy secretary. Speaking to CNBC’s Steve Sedgwick at the COP26 climate change summit on Friday morning, Jennifer Granholm emphasized the importance of diversifying “into clean
6:36 AM ET The 38th edition of the Breeders’ Cup will kick off two days of action Friday afternoon at Keeneland. A lot of eyes will be on the Breeders’ Cup Classic, and with so many high-profile races in the mix, there are numerous opportunities to wager on horses that offer significant value. Chris “The
3:29 AM ET LOS ANGELES — If the Lakers had managed to protect two massive leads against the Oklahoma City Thunder — up 26 on the road last week and up 19 at Staples Center on Thursday night — they would be sitting pretty with a 7-2 record and OKC would be winless at 0-8.
Sam Altman, co-founder and chief executive officer of OpenAI Inc., speaks during TechCrunch Disrupt 2019 in San Francisco, California, on Thursday, Oct. 3, 2019. David Paul Morris | Bloomberg | Getty Images Nuclear fusion is the ephemeral holy grail of climate technology. It would provide nearly limitless amounts of clean energy without the byproduct of
Brexit is done, and for many, there’s genuine relief it’s over. But ongoing disagreements and post-treaty disputes are having real world costs to businesses who say they feel let down and misled by the Brexit process. The row over fishing rights and the threat of retaliatory action from the French have already cost one oyster
In this article FB In this photo illustration, the Facebook logo is displayed on the screen of an iPhone in front of a Meta logo on October 28, 2021 in Paris, France. Chesnot | Getty Images Meta, formerly known as Facebook, is discussing opening its first retail stores as it looks to break into the
British artificial intelligence scientist and entrepreneur Demis Hassabis. OLI SCARFF | AFP | Getty Images Google parent company Alphabet has launched a new drug discovery company in the U.K. called Isomorphic Labs. The company will build on research carried out by London artificial intelligence lab DeepMind, which Google acquired in 2014. While the firm was