Natural gas demand will likely outpace expectations as electricity consumption surges from artificial intelligence and data centers, Chevron CEO Mike Wirth told CNBC on Monday. “It’s a little hard to quantify right now because this is evolving so quickly on the AI side,” Wirth told CNBC’s Sara Eisen at the Milken Institute’s Global Conference in
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As the latest GDP figures show the UK economy has emerged from its shallow recession, Ian King hosts a special edition of his business show. To analyse what the numbers mean, he’s joined by Shevaun Haviland, director general of the British Chambers of Commerce, Vivek Paul from BlackRock Investment Institute and Interactive Investor’s Victoria Scholar.
FIFA has offered to hold peace talks with the World Leagues Association – headed by the boss of the Premier League – to stave off the threat of legal action over a new Club World Cup. In a letter to the WLA and global players’ union FIFPRO seen by Sky News, FIFA interim secretary general
I recently took a trip to China in order to see for myself how many of the e-bike drive systems and components we use daily in the West were originally designed and produced. And no journey to view the origins of the most popular e-bike components would be complete without a visit to Ananda, one
A privately owned used-car platform is circling Cazoo Group, its stricken US-listed rival which is on the brink of administration. Sky News has learnt that Motors.co.uk is a leading contender to acquire Cazoo’s marketplace operation, which would include its brand and intellectual property assets. The process to auction the used-car platform’s constituent parts comes after
The owner of British Airways has reported a sharp rise in profits amid soaring demand for trips and a fall in the cost of fuel. International Airlines Group (IAG) said its operating profit for the first three months of the year was €68m (£58.5m) – above expectations and up from €9m (£7.7m) during the same
Sir Keir Starmer has said he has no doubt the government will get flights off the ground to Rwanda but Labour would “cancel the scheme straight away” if they win the next general election. The Labour leader, announcing his party’s policy on illegal immigration in Dover, said the government’s flagship policy of sending asylum seekers
Apple has apologised for its new iPad Pro advert where it crushed cameras, books and musical instruments, saying it “missed the mark”. The advert – shared online by Apple chief executive Tim Cook – also featured creative tools such as a record player and a metronome being crushed in an industrial press. It was intended
The UK economy is no longer in recession, according to official figures. Gross domestic product (GDP) grew by a better-than-expected 0.6% between January and March, the Office for National Statistics (ONS) said. Economists in a Reuters poll had predicted the figure would be 0.4%. A recession, which is defined as two consecutive three-month periods where
BEIJING, CHINA – DECEMBER 04: A logo hangs on the building of the Beijing branch of Semiconductor Manufacturing International Corporation (SMIC) on December 4, 2020 in Beijing, China. (Photo by VCG/VCG via Getty Images) Vcg | Visual China Group | Getty Images Semiconductor Manufacturing International Corporation on Friday warned of intense competition in the chip
In this article MSFT Follow your favorite stocksCREATE FREE ACCOUNT Brad Smith, vice chair and president of Microsoft, speaks at Gateway Technical College in Sturtevant, Wisconsin, on May 8, 2024. Alex Wroblewski | Bloomberg | Getty Images A House committee wants Microsoft‘s top lawyer, Brad Smith, to attend a hearing this month on exploits of
Two skiers have been killed during an avalanche in mountains near Salt Lake City. The men, aged 23 and 32, were swept up in the avalanche in Utah’s Wasatch Range on Thursday morning. A third skier was rescued and taken to hospital after digging himself out from the snow, according to Salt Lake County Sheriff
Jeff Passan, ESPNMay 9, 2024, 07:00 AM ET Close ESPN MLB insiderAuthor of “The Arm: Inside the Billion-Dollar Mystery of the Most Valuable Commodity in Sports” Open Extended Reactions OVER THE WINTER, as the Pittsburgh Pirates considered how to unleash the best pitching prospect in a generation on the baseball world, they landed on a
In this article MSFT Follow your favorite stocksCREATE FREE ACCOUNT A building of Stockholm Exergi in Stockholm, Sweden, Sept. 5, 2022. He Miao | Xinhua | Getty Images Microsoft signed a deal to remove to permanently remove 3.3 million metric tons of carbon dioxide with Swedish energy company Stockholm Exergi, the companies announced on Monday.
Photo: IHG Hotels & Resorts Thanks to a new $50 million investment, Atlanta-based EV charging company EnviroSpark wants to hire as many of the Tesla Supercharger team as possible. The $50 million investment from mid-market infrastructure equity investment firm Basalt Infrastructure Partners will allow EnviroSpark to rapidly grow its owned and operated network across the
In this article TSLA Follow your favorite stocksCREATE FREE ACCOUNT Elon Musk, co-founder of Tesla and SpaceX and owner of X Holdings Corp., speaks at the Milken Institute’s Global Conference at the Beverly Hilton Hotel,on May 6, 2024 in Beverly Hills, California. Apu Gomes | Getty Images Tesla is being accused of taking steps to
D’Arcy Maine, ESPN.com May 9, 2024, 01:54 PM ET Open Extended Reactions Andrey Rublev fell onto his back, legs outstretched with his hands covering his face. Red clay covered his shirt and his legs as he stood up seconds later. He let out a deep exhale. He had arrived in Madrid without a match win
Politics has thrust its way into this year’s Eurovision Song Contest, with several of the finalists referring ongoing global disputes while speaking about their progression into the final stage of the competition. Latvian act Dons, whose song Hollow is about insecurity, was the first to use his platform to shine a light onto the troubled
Benjamin Netanyahu has vowed Israel will “stand alone” if it has to in its war against Hamas, after the US threatened to stop sending some weapons to its ally. President Joe Biden earlier said the US would halt offensive munitions supplies to Israel if it attacks the southern Gaza city of Rafah. The Israeli prime
Israel has made it into the Eurovision grand final, despite calls for the country’s entry to be banned from the contest due to the ongoing war in Gaza. Israel’s success in reaching the final stage of the show – which will take place on Saturday – comes against a backdrop of large protests across Malmo,
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