During its annual press conference earlier today, Porsche AG is reporting four new financial records for 2022 following a successful IPO last fall. With record revenues for the previous year, Porsche now looks ahead toward its goal of delivering 80% electrification throughout its entire vehicle lineup by 2030 and has updated the public on what
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Tesla Model S Plaid is finally delivering on original promises to achieve a 200 mph top speed with its new ceramic brakes. When Tesla first announced the Model S Plaid, its new top-performance flagship electric vehicle, the automaker promised a top speed of 200 mph (322 km/h). However, when it was first delivered last year,
Lexus has begun accepting orders for its first fully electric vehicle, the RZ 450e, an upscale luxury alternative to the Toyota bZ4X. Check out the latest RZ 450e images from Lexus below. Lexus RZ 450e electric vehicle images and specs Like parent company Toyota, Lexus is playing catch up when it comes to fully electric
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
The government’s savings bank is weighing the appointment of Dax Harkins, its new interim boss, as its next permanent chief executive. Sky News has learnt that National Savings & Investments (NS&I) is lining up Mr Harkins for the top job, with an announcement possible in the coming weeks. Appointments to the NS&I board are made
High-profile figures from sport and broadcasting appear to have poked fun at the BBC over its U-turn on the Gary Lineker impartiality row. After the corporation last Friday suspended the Match of the Day presenter, 62, for his tweets criticising the government’s migration policy, it has now agreed to allow him back on air this
King Charles has given his first Commonwealth Day address as monarch against the backdrop of protests at Westminster Abbey. The King urged the family of nations to “strive together” for the “global common good” at the annual service celebrating the Commonwealth. Other royals at the service included the Queen Consort, the Prince and Princess of
Climate activists gather to protest with demanding President Biden stop the Willow Project by unfurling a banner on the Lafayette Square in front of the White House on January 10, 2023 in Washington D.C. Celal Gunes | Anadolu Agency | Getty Images The Biden administration approved a major and controversial oil drilling plan in Alaska,
Joe Biden’s administration will approve a scaled-back version of a controversial $7bn oil and gas drilling project. The move comes despite criticism from environmentalists who say the development of the three drill sites in northwestern Alaska conflicts with Mr Biden’s highly-publicised efforts to fight climate change. The US president has also pledged to shift to
In this article Follow your favorite stocksCREATE FREE ACCOUNT Signage in front of Qualtrics International Inc. headquarters in Provo, Utah, U.S., on Monday, Jan. 11, 2021. George Frey | Bloomberg | Getty Images Silver Lake and CPP Investments on Monday announced plans to acquire Qualtrics for $12.5 billion, marking the second time the survey software
Men’s belts and electric bikes are in while many CDs and alcopops are out, in the annual update to the basket of goods and services used to calculate inflation. The Office for National Statistics (ONS), which refreshes the basket of more than 700 items each year to reflect changing trends, added 26 and removed 16
Tesla has significantly ramped up its hiring effort for Cybertruck production, which is just a few months away. The Cybertruck production program is being closely followed by the industry as it is likely the most important new electric vehicle to launch this year. With over 1.5 million reservations and Tesla’s incredible track record in building
Naatu Naatu from the Telugu-language blockbuster RRR has made history as the first Indian song to win an Academy Award, taking the Oscar for best original song. With its catchy chorus and energetic choreography, the song sparked a viral TikTok challenge as people tried to master the acrobatic moves. The song by MM Keeravani and Chandrabose beat
The Treasury is this week expected to deliver a £1bn-plus devolution boost to Andy Street, the West Midlands mayor. Sky News understands that the chancellor, Jeremy Hunt, will outline plans for additional funding for the region in his budget on Wednesday. Sources said the plans would include money generated from the disposal of government-owned land,
A climate change protester has been jailed for five weeks after blocking traffic on the M4. Stephen Pritchard, 63, was sentenced at Inner London Crown Court for his part in an Insulate Britain demonstration in 2021. He was convicted by a jury of causing a nuisance to the public when he, along with three others,
Rishi Sunak has said there are “no plans” to change a law which prevents the permanent return of the Elgin Marbles to Greece. The sculptures – also known as the Parthenon sculptures or marbles – were controversially removed from one of the world’s most historic monuments in Athens by British diplomat Lord Elgin in the early
Mar 13, 2023 Reuters and ESPN staff World Rugby will encourage member unions to join a global trial of lowering tackle height to below the sternum in the community game, the governing body has said, stressing the importance of reducing injury risk via “education, sanction and law change”. It pointed to trials conducted in France
Markets have not been reassured by HSBC’s purchase of the beleaguered Silicon Valley Bank UK (SVB UK). While the pound is up, to a three-week high of $1.2089, it’s a story of dollar weakness rather than sterling strength as major banks have not made up for the losses sustained on Friday as the crisis unfolded.
Aside from the business at hand, events in China’s Great Hall of the People really are an impressive spectacle. Everything is performed to perfection, from the synchronised tea pouring to the delegates clapping and even page-turning in unison. The National People’s Congress (NPC) is an annual event that theoretically decides policy and occasionally makes changes
China must modernise its military to make it a “Great Wall of Steel”, President Xi Jinping has said. Speaking for the first time in his precedent-breaking third term as head of state, Mr Xi called for China to step up its ability to safeguard national security and manage public security. “Security is the foundation for