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The ECB announced a second consecutive interest rate rise to combat red-hot inflation. Daniel Roland | Afp | Getty Images The European Central Bank on Thursday announced a 75 basis point interest rate rise, taking its benchmark deposit rate to 0.75%. “This major step frontloads the transition from the prevailing highly accommodative level of policy
2:05 PM ET The AP Top 25 college football poll is out after another wild weekend of games. Alabama, which entered the week at No. 1, needed a last-minute drive and Bryce Young heroics to defeat Texas. Two teams (Notre Dame and Texas A&M) that started the week ranked in the top 10 lost to
Americans are marking the 21st anniversary of 9/11 with tributes to those who died in the deadliest terror attack on US soil. The commemoration began with a tolling bell and moment of silence at ground zero, the former site of New York’s Twin Towers, which were destroyed after hijacked planes crashed into them on 11
Liz Truss will visit the devolved nations with King Charles this week as the monarch leads the UK through a period of national mourning. Both the new prime minister and the King will head to Scotland on Monday morning, followed by visits to Northern Ireland on Tuesday and Wales on Friday. While King Charles and
The Queen’s coffin has arrived at the Palace of Holyroodhouse in Edinburgh after a journey of more than six hours from her Scottish home, Balmoral Castle. It is the end of the first stage of what her eldest son, King Charles, described as his mother’s “last great journey”. Thousands of people lined roads along the
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The chief executive of one of Germany’s biggest banks, Commerzbank, sought to reassure investors Thursday about the prospect of non-performing loans this winter, saying banks are far better placed to cope compared to previous crises. “The German economy is facing a difficult time ahead of us due to the Ukraine conflict, China, supply chain problems
Mike Ashley, the high street tycoon who has snapped up some of Britain’s best-known retailers, is plotting a takeover of Gieves & Hawkes, the historic Savile Row tailor. Sky News has learnt that Mr Ashley’s Frasers Group is among a handful of bidders vying for control of the brand, which is being sold after its
Ukrainian forces have continued to make “significant gains” in the Kharkiv region as its counter-offensive against Russia continues. The UK Ministry of Defence has said that Russia has likely withdrawn units from the area in northeastern Ukraine, in its daily intelligence update. The shock advance by Ukrainian forces in the past four days has seen
The Queen’s coffin has been seen for the first time as it begins its slow journey from Balmoral to Edinburgh. Draped with the Royal Standard of Scotland and featuring a wreath of flowers on top, the oak coffin is travelling from the royal castle to the Palace of Holyroodhouse. As the hearse left the Balmoral
9:42 PM ET Albert Pujols is one of the greatest hitters of all time, a terrifying force at the plate who racked up three MVP awards and two World Series titles. 1 Related Now, near the end of his incredible career, he’s about to add a rare honor to his collection of achievements. Pujols is
Following the teasing of interior images of the gamma version of its upcoming solar electric vehicle (SEV) last month, Aptera officially debuted the full prototype in front of a crowd in San Diego at Fully Charged Live. gamma now marks Aptera’s biggest milestone as it approaches SEV production in 2023. Aptera has had quite the
A worker at First Solar in Perrysburg, Ohio July 8, 2022. Megan Jelinger | Reuters Caton Fenz already thought that 2022 was going to be a good year. The CEO of Houston-based ConnectGen, which builds wind and solar power plants that sell electricity to utilities, had planned to hire about five or six new workers.
In a “hot-mic moment” captured by Sky News in 2014, then prime minister David Cameron revealed that the Queen “purred down the line” when he told her a majority of Scots had voted against independence. Mr Cameron privately apologised and later called the remarks “a terrible mistake”. Yet they provided the rarest glimpse of an
5:29 PM ET Associated Press KANSAS CITY, Kan. — Noah Gragson outran the rain and Justin Allgaier to win the rain-shortened NASCAR Xfinity Series race Saturday at Kansas Speedway. Gragson survived a two-lap shootout to win the second stage, after which the race was considered official. He used a great restart after the race’s first
On the most solemn of occasions, it was a moment of surprise that for some will have brought a smile. Two brothers who may have had their differences, brought together again by their grief. A time to show unity at an incredibly difficult time for the family. I’m told Prince William made the call to
Ukraine has used cunning and firepower to blast a devastating hole in Russia’s eastern front line. The prospect of a Ukrainian counter-offensive against Russian-held positions in the south of the country had long been anticipated and talked about by both sides. But the sight of Ukrainian forces over recent days tearing down Russian flags and
Mick Mulvaney, who formerly served as President Trump’s chief of staff, has resigned as special envoy to Northern Ireland after a pro-Trump mob stormed the US Capitol and delayed proceedings to certify the US election. #CNN #News
The family of Pop Idol star Darius Campbell Danesh have thanked everyone for their “love and kindness” following his death, and said that the singer had been suffering from chronic neck pain following a car incident. Mr Campbell Danesh was found dead in his US apartment, in Rochester, Minnesota, last month at the age of