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McLaren Group, the supercar manufacturer and Formula One team-owner, has received a £70m funding boost from investors in the first stage of a wider capital-raising plan. Sky News has learnt that the Surrey-based automotive group has been handed the funding by a group of its existing shareholders. Sources said the share sale was part of
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Technology investors and founders representing over £560bn in capital raised and fund assets under management have expressed relief about the rescue of Silicon Valley Bank UK in an open letter to Rishi Sunak and banking regulators. More than 860 industry figures have put their names to the letter, which was coordinated hours after HSBC Holdings
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In this article UBER LYFT DASH Follow your favorite stocksCREATE FREE ACCOUNT Ride-sharing apps, including Uber and Lyft, can continue to treat their drivers as independent contractors, a California appeals court ruled on Monday, overturning a lower-court decision that barred them from doing so. In Nov. 2020, California voters approved Proposition 22, which allowed ride-sharing
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Thin-film solar panel maker Ascent Solar Technologies announced today that it’s going to repurpose its Thornton, Colorado, factory to accelerate industrial-scale commercialization of perovskite solar modules. Perovskite solar cells use a thin film of perovskite to harvest light, and they have the potential to be a low-cost, power-conversion-efficient alternative to traditional silicon-based solar cells. However,
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The Biden administration said on Monday that it’s approving the Willow oil drilling project in the National Petroleum Reserve-Alaska. New oil drilling in Alaska Biden’s Willow plan will allow three drill sites in the National Petroleum Reserve on Alaska’s North Slope. ConocoPhillips, which is developing the oil drilling project, has said it will include around
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10:06 AM ET Associated Press Although implicated in a rape allegation in France, Achraf Hakimi was called into the Morocco squad Monday for friendly games against Brazil and Peru. Morocco coach Walid Regragui said the country supports the Paris Saint-Germain defender. “For us, and all Moroccans, we are behind Achraf,” Regragui said at a news
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