New OPEC Secretary-General Haitham Al Ghais said Wednesday that the influential producer group is not to blame for soaring inflation, pointing the finger instead at chronic underinvestment in the oil and gas industry. “OPEC is not behind this price increase,” Al Ghais told CNBC’s Hadley Gamble. “There are other factors beyond OPEC that are really
Liz Truss has been accused of trying to “avoid independent scrutiny” as she prepares to hold a budget next month without an official economic forecast, despite one being ready should she ask. Having an emergency budget in September – in which she will make long-term funding pledges – has been a key part of the
Dennis Rodman is planning a trip to Russia in a bid to secure the release of fellow basketball star Brittney Griner. The former NBA player told NBC News he “got permission” to travel and hopes to fly out within days. “I’m trying to go this week,” he said. Rodman’s plan comes despite the US State
In this article TSLA Tesla founder Elon Musk was practically apologetic on his company’s earnings call for hiking prices to meet higher costs. Sean Zanni | Patrick Mcmullan | Getty Images Tesla CEO Elon Musk on Sunday announced a 25% price increase for the company’s premium driver assistance system, which is marketed under the name
The RAF’s head of recruitment refused to follow an order to prioritise women and ethnic minority candidates over white men because she believed it was “unlawful”, defence sources have claimed and a leaked email has revealed. The group captain – whose subsequent resignation was revealed exclusively by Sky News – told her boss in the
A pun about pasta has won the award for the funniest joke of this year’s Edinburgh Fringe. Comic Masai Graham was voted the winner with the joke: “I tried to steal spaghetti from the shop, but the female guard saw me and I couldn’t get pasta.” The Dave’s Funniest Joke of the Fringe award, which
A murder investigation has been launched after Tyson Fury’s cousin was stabbed to death in a “senseless” attack outside a bar. Rico Burton, 31, was one of two people attacked in the Goose Green area of Altrincham, Greater Manchester, in the early hours of Sunday. He and a 17-year-old boy both suffered stab wounds, with
Leon Vitali, a long-time collaborator with film director Stanley Kubrick, has died aged 74. The official Twitter channel for Kubrick said in a tweet: “It is with the greatest of sadness that we have to tell you that the mainstay of a vast number of Kubrick’s films, Leon Vitali, passed away peacefully last night. Our
Jennifer Lopez and Ben Affleck have tied the knot for a second time with a big white wedding surrounded by family and friends. The ceremony comes a month after the celebrity couple, known as “Bennifer”, got married in a Las Vegas drive through-chapel. Their second nuptials took place on Saturday on the grounds of actor
Liz Truss has hinted she will announce more help on the cost of living – as Labour calls for the government to make public the plans it is considering. In an interview with The Sun on Sunday, the foreign secretary said that every government “has to look at making sure life is affordable for people”.
Concerns about coronavirus have had another effect – on the global economy. The share price of some of the UK’s 100 largest companies has dropped and the price of oil also fell. Companies with a presence in China were some of the most affected. SUBSCRIBE to our YouTube channel for more videos: http://www.youtube.com/skynews Follow us
John Dean, the White House counsel for former President Richard Nixon, predicts some of Trump’s supporters in the media will “have egg all over their face” when the investigation into Trump’s handling of classified documents ends. #CNN #News
The daughter of a Russian ultra-nationalist and ally of President Vladimir Putin who argued Russia should absorb Ukraine has been killed in a suspected car bomb attack. Russian state investigators said Darya Dugina, daughter of idealogue Alexander Dugin, was killed after a suspected explosive device detonated on the Toyota Land Cruiser she was travelling in
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Pioneer Natural Resources (PXD) CEO Scott Sheffield said the oil company plans to continue returning most of its cash flow to shareholders, noting the “growth days of the industry are over.” That was just one of the takeaways from Sheffield’s wide-ranging interview with CNBC’s Jim Cramer on Wednesday. Sheffield, who founded Pioneer 25 years ago,
1:27 AM ET As the fifth round progressed in Salt Lake City, the headlines were already being written. With one minute left in the main event, Kamaru Usman had coasted in his title defense against Leon Edwards. Then came the head kick that shocked the world. Edwards became the new UFC welterweight champion with the
Liz Truss has renewed optimism about her chances of getting into Downing Street next month – despite former Tory cabinet ministers pouring cold water on her plans. Ms Truss, who is leading the race to become the next Conservative leader by a significant margin, has continued her economic push, saying there is “too much talk
Hollywood actor Gary Busey has been charged with sex offences related to incidents at a popular horror film convention in Philadelphia. Busey, 78, was charged with two counts of fourth degree criminal sexual assault, one count of attempted criminal sexual contact and one count of harassment, Cherry Hill Police said. Fourth degree sexual assault carries
Sam Bankman-Fried, founder and chief executive officer of FTX Cryptocurrency Derivatives Exchange, speaks during an interview on an episode of Bloomberg Wealth with David Rubenstein in New York, US, on Wednesday, Aug 17, 2022. Jeenah Moon | Bloomberg | Getty Images FTX rode the crypto craze to a billion dollars in revenue last year while
Ukrainian boxer Oleksandr Usyk has retained his heavyweight titles after a thrilling rematch with Anthony Joshua in Saudi Arabia. Usyk won on a split points decision after the pair went the full 12 rounds – 113 to 115, 115 to 113 and 116 to 112. Until around March, Usyk was fighting on the frontline in