The new owners of Chelsea FC are in talks with Allianz, the German insurance giant, about taking over as its principal shirt sponsor as they grapple with the impact of a dire debut season on the club’s finances. Sky News has learnt that Allianz is among a handful of companies in discussions with the Stamford
Republican presidential candidate Nikki Haley has said it is unlikely Joe Biden would “make it” to the end of a second term were he to be re-elected to the White House. Mr Biden, 80, announced he was running for re-election in 2024 on Tuesday. He is already the oldest president in history. By the end
Tesla has lowered the price of its seven-seat, third-row option for its popular Model Y SUV to $3,000, down from $4,000 previously. The change is the latest among several recent price changes for Tesla as inventory reaches a new high. The standard Model Y includes five seats, but buyers can upgrade to an option for
The conflict in Sudan has left international consumer goods makers racing to shore up supplies of gum arabic – critical to the food, drinks and cosmetics industry. The northeastern African country is the world’s largest producer of gum arabic, a resin tapped from the acacia tree. It is a key ingredient in everything from fizzy
Richard Sharp has resigned as chairman of the BBC in the wake of a report into his appointment following a cronyism row. Mr Sharp said the report found he had breached the government’s code for the public appointments but said it was “inadvertent”. The matter has been a “distraction” for the BBC and he has
In this article 6758.T-JP Follow your favorite stocksCREATE FREE ACCOUNT Sony aims to sell 18 million PlayStation 5 consoles in its financial year ending in March 2023. Thiago Prudencio | Lightrocket | Getty Images Sony posted record annual operating revenue on Friday, helped by its chip division and sales of its flagship PlayStation 5 gaming
In this article ATVI MSFT Follow your favorite stocksCREATE FREE ACCOUNT Microsoft has invested huge amounts of capital and time into making cloud gaming a core part of its gaming offering. Peter Summers | Getty Images When Microsoft announced its offer to buy Activision Blizzard for $68.7 billion, it marked one of the biggest acquisitions
A ceasefire in Sudan has been extended for three more days despite continuing reports of heavy fighting in the capital Khartoum and the western region of Darfur. The truce between Sudan’s paramilitary Rapid Support Forces (RSF) and military had been due to expire at midnight, but the US and Saudi Arabia brokered a new deal.
China’s largest chipmaker SMIC won’t be able to produce cutting-edge chips competitively if it continues to be cut off from advanced equipment, analysts told CNBC. Vcg | Visual China Group | Getty Images China’s largest chipmaker SMIC won’t be able to produce cutting-edge chips competitively if it continues to be cut off from advanced equipment,
A Tesla Model 3 was found on fire parked on the street in Spokane, Washington. The police first believed that it caught on fire by itself due to its battery, but it turns out it was arson. Electric vehicles have an unwarranted reputation for catching on fire even though there’s no evidence that they catch
Although Saab doesn’t make cars anymore, the company’s spirit is still alive and well. After going defunct in 2011, Saab’s automotive assets were sold to National Electric Vehicle Sweden. Under financial hardship, the company is now closing product development activities – however, not before a new secret electric sports car project called NEVS Emily GT
Enel North America has named Oklahoma as its preferred choice for its planned 3-gigawatt (GW) solar panel and cell factory. The factory, which Enel announced in November of last year, will be one of the largest to produce solar cells in the US – and Enel says it eventually plans to double its capacity to 6
In this article INTC Follow your favorite stocksCREATE FREE ACCOUNT Intel CEO Pat Gelsinger, with U.S. President Joe Biden (not pictured), announces the tech firm’s plan to build a $20 billion plant in Ohio, from the South Court Auditorium on the White House campus in Washington, January 21, 2022. Jonathan Ernst | Reuters Intel reported
eVTOL developer Joby Aviation announced it has signed a long-term supply agreement with Toyota Motor Corporation to support a mutual goal of reaching mass production of electric passenger aircraft in the US. The agreement extends upon an existing partnership between the two companies. Joby Aviation, Inc. ($JOBY) is a California-based company developing electric, vertical takeoff
11:53 AM ET Jake Paul and his promotions team are launching a new boxing series called Most Valuable Prospects that will highlight top up-and-coming fighters. The series will begin with a card on May 26 in Orlando, Florida, and it will be headlined by rising star Ashton Sylve, officials told ESPN on Thursday. There will
In this article COIN Follow your favorite stocksCREATE FREE ACCOUNT Brian Armstrong, co-founder and chief executive officer of Coinbase Inc., speaks during the Singapore Fintech Festival, in Singapore, on Friday, Nov. 4, 2022. Bryan van der Beek | Bloomberg | Getty Images Crypto exchange Coinbase offered a fiery response on Thursday to last month’s Wells
Police looking for the partner of a pregnant teacher found dead in Glasgow have found a body. Officers were looking for David Yates after the body of Marelle Sturrock, 35, was discovered at a property in the city’s Jura Street on Tuesday morning. Police said the body is yet to be formally identified but it
Tesla is suing Tank & Rast, a large gas station operator in Germany, for the right to install charging stations along the Autobahn. Tank & Rast is in a near monopoly position as it holds the concession for almost all Autobahn rest stops in Germany and their filling stations. It used to be a state-owned company before it was privatized
In this article LYFT Follow your favorite stocksCREATE FREE ACCOUNT Ramin Talaie | Corbis News | Getty Images Ride-sharing app Lyft will lay off 1,072 employees, roughly 26% of its corporate workforce, and won’t hire for an additional 250 positions, the company said in an SEC filing Thursday. The news comes a week after a
Spain is believed to have recorded its hottest ever April day. A temperature of 38.7C (101.66F) was provisionally recorded at Cordoba Airport on Thursday, according to the Met Office. The record was broken as the country continued to swelter extreme temperatures which also saw a horse die and another collapse while pulling passenger carriages through
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