China and India fuel record high coal prices despite falling US and EU usage June 26, 2023 Coal prices climbed to record levels last year driven by rising demand across Asia, according to a new report on global energy trends.
Bitcoin retraces to $30,200 after registering 2023 high above $31,000 June 26, 2023 Bitcoin posted a new high for 2023 when it breached $31k before retracing to around $30,300 this morning, while Ethereum closes in on $1.9k.
Onshore wind is not just about net zero, it’s a vote winner June 26, 2023 Onshore wind is not just about going green, it's a vote winner that could ease bills and liberalise planning for housing and transport.
Aehra Sedan revealed: Italian super saloon targets 500-mile EV range June 26, 2023 The second new model from Italian EV startup Aehra is a sleek luxury saloon, likely to offer 350kW charging capacity and around 800hp.
RAF intercepted 21 Russian planes in last 21 days as ‘stark reminder’ of Nato’s importance June 26, 2023 RAF planes in the Nato alliance have intercepted 21 Russian jets in as many days, as the Kremlin’s war in Ukraine continues to dominate Europe. Royal Air Force Typhoon jets, which are part of Nato’s Quick Reaction Alert system in Estonia were scrambled daily over the last three weeks, as Moscow continues to provoke European [...]
Aston Martin in £182m partnership with start-up to make ‘ultra-luxury’ EVs as it reworks Mercedes deal June 26, 2023 Aston Martin has announced a deal with US EV manufacturer Lucid Group to build ‘ultra-luxury’ electric vehicles, as it ditches elements of a previous 2020 agreement with Mercedez Benz. The Gaydon-headquartered firm said that it would issue £182m worth of shares and cash payments, in exchange for electric batteries and powertrain components, with US-start up Lucid [...]
Cineworld to file for administration and suspend London listing in restructuring overhaul June 26, 2023 Cineworld is set to file for administration and suspend trading on the London Stock Exchange next month as part of a major bankruptcy restructuring plan, the firm revealed today.
Primark owner ABF thanks sunny spells, digital push and inflation for 13 per cent sales hike June 26, 2023 Primark owner Associated British Foods (ABF), has credited warm weather and a revamp of the affordable fashion brands website for a 13 per cent rise in sales – hiking its share price 0.61 per cent when markets opened this morning. The retail giant which also brand such as Twinings, said like for like sales grew [...]
HSBC moving out of Canary Wharf headquarters in favour of Square Mile June 26, 2023 HSBC is set to leave its headquarters at Canary Wharf when its lease expires in 2027 and will move back to the heart of the City, City AM understands. The bank has been based in 8 Canada Square for more than two decades, but hopes to downsize to Panorama St Paul’s, 81 Newgate Street. The [...]
Jeremy Hunt to meet CMA, Ofgem, Ofwat and Ofcom over ‘profiteering’ concerns June 26, 2023 Jeremy Hunt will ask industry regulators what they are doing about any companies exploiting rampant inflation by raising prices. The Chancellor is set to meet the Competition and Markets Authority (CMA), and the watchdogs for energy, water and communications on Wednesday. He will press them on whether there is a profiteering problem in their sectors [...]
