Senior Conservatives are considering pushing for a lifting of the moratorium on fracking in England to become party policy. At the Conservative party conference in Birmingham, MPs are reflecting on the crushing blow they were dealt at this year’s general election and coming up with policies and ideas to rebuild the party so it can … Read more
Kemi Badenoch polished her brand as the say-the-unsayable candidate for Conservative leader thus: “Statutory maternity pay is a function of tax; tax comes from people who are working. We’re taking from one group of people and giving to another. This, in my view, is excessive.” She was talking to Times Radio, which maybe she considered … Read more
More than 100 passengers are due to finally leave Belfast on Monday on a three-year round-the-world “perpetual” cruise after being marooned unexpectedly in the city for four months. They were supposed to have set sail from the legendary Harland and Wolff dockyards in Belfast, best known as the home of the Titanic, on 30 May. … Read more
A select number of all-electric Tesla Cybertrucks now have the ability to drive on US highways hands-free, after the automaker pushed an update to vehicles this morning. Tesla AI head Ashok Elluswamy wrote on X that Cybertrucks will be the first Tesla vehicles to receive the “end-to-end on highway” driving feature, which the company says … Read more
Alun Davies looks across to the plumes of steam that rise from Port Talbot’s last blast furnace, soon to be extinguished. The mood in the rainswept south Wales steel town is “heartbreaking”, says Davies, the national officer for the steelworkers’ union Community and a former steelworker of nine years. “It’s smashed to pieces,” he says. … Read more
Dish’s Charles Ergen Andrew Harrer | Bloomberg | Getty Images Dish’s “Seinfeld” strategy appears to have ended quite like the actual show — with its finale a generally-accepted disappointment. In 2011, Dish cofounder Charlie Ergen first mentioned “Seinfeld” on an earnings call, responding to an analyst’s question about his company’s mixed bag of assets. Ergen … Read more
Hamid Akhavan, EchoStar CEO, speaking on CNBC’s “Squawk on the Street” on Sept. 30, 2024. CNBC EchoStar is selling its Dish TV provider and digital business Sling to rival provider DirecTV in a deal announced Monday that brings together two of the largest pay-TV providers and sent EchoStar shares plunging 10%. DirecTV agreed to pay … Read more
It’s not quite the 2005 Ashes, but well played, the board of Rightmove. REA Group, the would-be bidder majority-owned by Rupert Murdoch’s NewsCorp, is slinking back to Melbourne with its tail between its legs. A retreat wasn’t the way to bet on day one, but humiliation for the Murdoch vision of creating a multi-hemisphere property … Read more
Metal stocks like NMDC, Vedanta and SAIL among others surged up to 5% in today’s intraday session, defying the broader market sentiment, still supported by China’s stimulus measures. Shares of NMDC surged 5% to day’s high of Rs 247 while NMDC Steel shares went up by 4.5% to Rs 55.22. Vedanta’s shares jumped 2% to … Read more
It is mere coincidence that the closure of the blast furnace at the Port Talbot steel works and the shut down of Britain’s last coal-fired power station at Ratcliffe-on-Soar in Nottinghamshire happened on the same day. Yet, while the timing of the two events is pure chance, they are freighted with significance. Like Dickens’s A … Read more
