Bahrain’s sovereign wealth fund is gaining full ownership of McLaren Group, one of the most revered names in British premium manufacturing, as part of long-term plans to secure a partnership with a global industry giant. Sky News has learnt that Mumtalakat, the Gulf state’s investment fund, is on the brink of a deal with McLaren’s
An oil tanker anchored in the Red Sea off the coast of Yemen’s contested western province of Hodeida on July 15, 2023. Mohammed Huwais | Afp | Getty Images Oil prices traded mixed Tuesday as tankers shun the Red Sea on the back of heightened attacks by Iran-backed Houthi militants which have disrupted international shipping
In a strange reversal of plan, it looks like Volkswagen is revising its interior design. After a slew of complaints about its touchscreen-heavy interiors, the German brand is bringing back more good, old-fashioned physical buttons, according to Autocar. Autocar spotted the concept for the upcoming compact ID.2all – the brand’s latest and smallest EV offering
Italian fashion influencer Chiara Ferragni has apologised after misleading her followers over sales of a Christmas cake The 36-year-old, who built her platform through her fashion and beauty Chiara Ferragni brand, said she will donate €1m (£860,000) to a children’s hospital, after fans were led to believe that by buying a Ferragni-branded pandoro (similar to
Jesse Rogers, ESPN Staff WriterDec 19, 2023, 07:00 AM ET Close Jesse joined ESPN Chicago in September 2009 and covers MLB for ESPN.com. Open Extended Reactions When agent Scott Boras has multiple puns ready about a free agent of his, it usually means he has a good one. That certainly is the case for 28-year-old
Former Labour chancellor Alistair Darling has been remembered at a public memorial service in Edinburgh, attended by the likes of Tony Blair, Sir Keir Starmer and author JK Rowling. The Labour leaders past and present were joined by colleagues including Mr Blair’s fellow ex-PM Gordon Brown, current shadow chancellor Rachel Reeves and Ed Miliband at
Shipping companies have cautiously welcomed the announcement of a US-led multinational naval force to fend off Red Sea attacks, but are still re-routing vessels as the line of impacted crafts grows. The world’s second-largest shipping company, Maersk, said it’s “very positive” to have joint efforts on maritime security, but it needs to see more detail
The long-awaited transgender guidance for schools in England has been published by the government. The main points from today’s developments include:• Schools and colleges to be told that parents should be involved in decisions affecting their children• Single-sex spaces must be protected for the safeguarding of all children• A sea change in approach on social
Israel will compete at Eurovision next year, despite calls for the country to be banned over its conflict with Hamas, organisers have said. Artists from Iceland had called for a boycott of the contest in Malmo, Sweden, unless Israel was prevented from taking part, after its ground invasion of Gaza. Irish broadcaster RTE has also
The molten rock that has been building up beneath southwest Iceland has erupted in spectacular fountains of lava. A gash two miles long has opened up on the Reykjanes peninsula, spewing between 100 and 200 cubic metres of lava every second. That’s far more than in other recent eruptions in the area. Incredible footage shows
Google will pay out $700m (£550m) and allow more competition on its Play Store after it was accused of using illegal restrictions and overcharging consumers when they buy items in apps. It forms part of an antitrust settlement in the US, ahead of a legal battle with Fortnite maker Epic Games, which accused Google of
In this article ENPH Follow your favorite stocksCREATE FREE ACCOUNT Igor Golovniov | LightRocket | Getty Images Enphase Energy will lay off 10% of its global workforce as part of a restructuring plan, the solar company disclosed in a regulatory filing on Monday. Enphase manufacturers microinverters that convert solar energy into usable electricity. The company’s
Tesla has announced that it will raise factory worker pay for some workers at its Nevada Gigafactory by 10% or more. The news comes not long after UAW’s historic strike wins, in which it earned 25% pay increases at all of the Big Three American automakers. After VW, Hyundai, Toyota, and Honda did the same
In this article TSLA Follow your favorite stocksCREATE FREE ACCOUNT Security gate outside the Tesla Motors Gigafactory site east of Reno, Nevada. David Calvert | The Washington Post | Getty Images Tesla has informed workers at its battery factory in Sparks, Nevada, that some set-rate hourly workers there will see pay increases around 10% starting
In this article META Follow your favorite stocksCREATE FREE ACCOUNT Meta founder and CEO Mark Zuckerberg speaks during the Meta Connect event at Meta headquarters in Menlo Park, California, on Sept. 27, 2023. Josh Edelson | AFP | Getty Images Last year at this time, Meta was navigating a crisis of confidence that had pushed
A volcano has erupted in Iceland after weeks of intense earthquake activity, the country’s Meteorological Office said. An evacuation had already taken place in recent days, moving nearly 4,000 people out of the fishing town of Grindavik in the country’s southwest. The nearby Blue Lagoon geothermal spa had also been closed as a precaution. Iceland’s
The writer of a Lord Of The Rings sequel has been ordered to destroy all physical and electronic copies and pay more than $130,000 in legal fees. US author Demetrious Polychron was sued for copyright infringement by the estate of author JRR Tolkien, the writer of the original books – after Polychron first tried to
Marvel Studios has dropped actor Jonathan Majors after he was found guilty of assaulting and harassing his ex-girlfriend. Majors, 34, was convicted on two counts but acquitted of a different assault charge and of aggravated harassment. A star of the Marvel Cinematic Universe, Majors featured in the series Loki, and Ant-Man And The Wasp: Quantumania
Rishi Sunak is under pressure to back an immediate ceasefire in Gaza after 10 senior Conservative MPs accused Israel of carrying out the “brutalisation of the civilian Palestinian population” – which they argue risks fuelling more extremism in the region. The MPs, including former cabinet ministers, have written to Foreign Secretary Lord Cameron to argue
Alex Batty – the British teenager found in France after going missing for six years – has reportedly told journalists he is “glad to be home for Christmas”. He was 11 when he went on holiday with his mother Melanie Batty – who does not have legal parental guardianship – and his grandfather, David Batty,