The university spin-out venture chaired by Lord O’Neill, the former Treasury minister and Goldman Sachs economist, has secured backing from a syndicate of City investment giants. Sky News has learnt that funds managed by M&G Investments, Lansdowne Partners and Columbia Threadneedle are to invest in Northern Gritstone, a collaboration between the universities of Leeds, Manchester
SpaceX founder and Tesla CEO Elon Musk looks on as he visits the construction site of Tesla’s gigafactory in Gruenheide, near Berlin, Germany, May 17, 2021. Michele Tantussi | Reuters Electric carmaker Tesla is clearing the final hurdles to get its massive German “Gigafactory” up and running in the new year. The Berlin-Brandenburg plant has
The government will “look at all the data we have available” on Monday before making a decision on post-Christmas coronavirus restrictions in England, a senior government adviser has said. Dr Jenny Harries said any move on COVID rules next week will not be based on “simply what the epidemiology is saying”, but also “how it’s
A 14-year-old girl has been shot and killed in a Los Angeles clothing shop’s dressing room after police opened fire on an assault suspect. Police also shot and killed the suspect at the Burlington shop in the North Hollywood area of San Fernando Valley, police said. A man had been acting erratically and threatening to
A fire on-board a ferry has killed at least 39 people and injured 72 in Bangladesh, officials have said. The blaze broke out at about 3am local time on Friday. It tore through the MV Avijan-10 ferry sailing off the coast of Bangladesh‘s Jhalokati district in the Sugandha River. The boat was carrying 800 passengers
A visual representation of cryptocurrencies. Jakub Porzycki | NurPhoto | Getty Images The International Monetary Fund is concerned about cryptocurrencies, particularly because the nascent market is growing at such a significant pace and regulation is not following suit. The total market value of all crypto assets surpassed $2 trillion in September this year — representing
Selfridges has been bought by a Thai retailer and Austrian property company in a £4bn deal, according to reports. The luxury department store chain was bought by the Weston family in 2003, who then went on to establish the Selfridges Group in 2010. But the Selfridges portfolio, which includes 18 sites across England, Ireland and
Australia is about to get its first offshore wind farms. The three projects will consist of two floating wind farms and one fixed-bottom wind farm, with a total installed capacity of 4.3 gigawatts. Australia’s Energy Estate and Spain-headquartered BlueFloat Energy, which are partnered to develop offshore wind projects in Australia and New Zealand, are developing
The high price of gasoline is displayed at a Los Angeles gas station on November 24, 2021. Chris Delmas | AFP | Getty Images A popular trick at gas stations this fall is to slap a sticker featuring President Joe Biden pointing to the price per gallon and saying, “I did that.” But the real
CNN’s Jim Acosta calls out Fox News anchors Sean Hannity, Laura Ingraham and Brian Kilmeade for their on-air comments downplaying the January 6 Capitol riot after the House committee investigating the riot released messages sent by the anchors to former Trump chief of staff Mark Meadows asking Trump to tell the rioters to go home.
In this article BIDU Baidu Vice President Ma Jie gives reporters in Beijing a preview on Dec. 21, 2021, of how the company’s metaverse app XiRang will host a developer conference. Baidu BEIJING — While metaverse hype has swept the world this year, one of China’s tech giants in the game has revealed a version
Ireland’s president has commended the “courage, resilience, patience and deep commitment to others” in response to the global pandemic. In his annual Christmas and New Year message, Michael D Higgins extended his sympathies to those who had lost loved ones to COVID-19 in 2021. Ireland has recorded a total of 5,890 coronavirus-related deaths and 673,000
Jack Dorsey creator, co-founder, and Chairman of Twitter and co-founder & CEO of Square speaks on stage at the Bitcoin 2021 Convention, a crypto-currency conference held at the Mana Convention Center in Wynwood on June 04, 2021 in Miami, Florida. Joe Raedle | Getty Images Jack Dorsey has been blocked on Twitter, the social media
Lloyds has apologised after some customers were unable to access their online banking accounts on Thursday evening. Users began tweeting they were having problems logging in to the app and website just after 9pm. For some, a message popped up on some screens reading: “We are sorry that our internet banking is currently unavailable. Please
5:40 PM ET Associated Press COLORADO SPRINGS, Colo. — A deal for the U.S. Anti-Doping Agency to police drugs in horse racing cratered Thursday after months of negotiations that the agency’s CEO said did not give it “a reasonable chance to put in place a credible and effective program.” The USADA was set to become
12:55 PM ET Possession is an extremely common topic in soccer discussion. It’s almost a written arrangement: The best (and richest) teams in Europe — think Manchester City, for one — will dominate the ball and take it back the moment they lose it, while the lesser (and/or less monied) teams will have to make
Rivian electric trucks are seen parked near the Nasdaq MarketSite building in Times Square on November 10, 2021 in New York City. Michael M. Santiago | Getty Images If 2021 was the year for electric vehicle stocks, 2022 is the year for actual deliveries. At least that’s the wager. Investor money this year poured into
Boris Johnson and Sir Keir Starmer have each issued a solemn Christmas message to the nation expressing sorrow at the heartbreak of families who have lost a loved one to COVID this year. The prime minister, who says a coronavirus booster jab would be a “wonderful” Christmas gift, has called for thanks for those looking
A former US police officer who said she mistakenly fired her gun instead of her Taser in the fatal shooting of a man has been found guilty of manslaughter. Kimberly Potter was convicted over the death of 20-year-old motorist Daunte Wright during a traffic stop in April in Minneapolis. Potter, 49, was found guilty of
Tesla has applied to install Supercharger stations in Texas with CCS connectors, which would be a first in the US. The move comes as Tesla is planning to open its Supercharger network to other automakers. The Texas Volkswagen Environmental Mitigation Program (TxVEMP) is a program that uses the settlement from the Dieselgate scandal to fund