The national living wage could rise to £11.46 an hour last year – well above what the government has announced. The minimum rate for adults over 23 is pegged to median hourly pay – and stronger-than-expected wage growth means April’s increase could exceed the £11 an hour recently suggested by the chancellor. Average weekly earnings
Up-and-coming EV maker NIO aims to sell cars in the US by 2025. The company plans to import premium Chinese-made EVs to the US as it looks to expand its market. CEO of NIO in the US, Ganesh Iyer, revealed the EV maker’s vision at the NextChina Conference on Thursday, according to Nikkei. “My goal,
As one of the most recognized supercar brands globally, many wonder when we will see a fully electric Ferrari hit the streets. According to CEO Benedetto Vigna, development on the first Ferrari EV is ahead of schedule. The first Ferrari EV is coming… in 2025 The first Ferrari EV is still two years away, but
Kia is asking its dealers to avoid markups on the new EV9 electric SUV. The automaker says its first three-row electric SUV is garnering “significant consumer interest” as it’s expected to hit dealerships by the end of the year. After opening orders for the EV9 last month, Kia America’s VP of sales, Eric Watson, said
An earthquake in Nepal has killed at 69 people – with more deaths expected to be confirmed, officials say. The earthquake struck the west of the country as many people were already asleep on Friday night. Witnesses said it caused houses to collapse and communications to many villages are said to have been cut. The
Colombia has announced plans to control its hippo population amid fears it is spiralling out of control after drug kingpin Pablo Escobar introduced them to the country. The government said they plan to curb numbers through sterilisation and the transfer of the mammals to other countries – as well as possibly by euthanasia. It comes
Elon Musk announced his new company xAI which he says has the goal to understand the true nature of the universe. Jaap Arriens | Nurphoto | Getty Images Elon Musk said Friday that his AI company, xAI, will debut its technology on Saturday. “Tomorrow, xAI will release its first AI to a select group,” Musk
In this article 9866-HK NIO Follow your favorite stocksCREATE FREE ACCOUNT Nio’s ET5 stands on display at the Central China International Auto Show on May 25, 2023, in Wuhan, China. Getty Images | Getty Images News | Getty Images Chinese electric carmaker Nio plans to cut 10% of its workforce amid “fierce competition,” CEO William
Ian King talks to Sky News’s city editor Mark Kleinman about the future of Manchester United. He also speaks to the founder and chief executive of Venrai, Jason Tucker-Feltham, about Sam Bankman-Fried – who’s been found guilty of crypto fraud. Mary Aiken, Professor of Cyberpsychology at Capitol Technology University in Washington, is also interviewed on
Even with four days there seemed a lot to do in Kenya. This was a moment for the King to define his vision for the Commonwealth. But it was also a chance to address historic colonial violence. This year marks sixty years of Kenyan independence, but many in the country still seek a formal apology
The Elite Ice Hockey League (EIHL) will not make neck guards mandatory following the death of a professional player whose neck was slashed by a skate during a game. The EIHL, the highest level of ice hockey in the UK, said wearing the protective equipment was “strongly encouraged” but not mandatory in a statement. The
Elon Musk, chief executive officer of Tesla Inc., at the AI Safety Summit 2023 at Bletchley Park in Bletchley, UK, on Wednesday, Nov. 1, 2023. Chris J. Ratcliffe | Bloomberg | Getty Images LONDON — Elon Musk thinks that artificial intelligence could eventually put everyone out of a job. The billionaire technology leader, who owns
In this article AAPL Follow your favorite stocksCREATE FREE ACCOUNT Apple CEO Tim Cook looks on during an Apple event at their headquarters in Cupertino, California, September 7, 2022. Carlos Barria | Reuters Apple indicated on Thursday that investors shouldn’t expect revenue growth in the December quarter, the busiest and most important time of the
In this article GOOGL Follow your favorite stocksCREATE FREE ACCOUNT Google’s construction site sits idle on a Tuesday afternoon. Jennifer Elias Google confirmed on Thursday that the company ended its agreement with the development partner that was working on four key campus sites. Lendlease announced that Google decided to end the contracts it had to
Tesla has officially launched its virtual power plant in Puerto Rico and it could quickly become the world’s biggest thanks to the large Powerwall user base in the region. Virtual power plants (VPP) consist of aggregating distributed energy assets, primarily rooftop solar and home energy storage, to offer grid services like peak shaving. A company
It took just four hours for a jury to find fallen “crypto king” Sam Bankman-Fried guilty of fraud. The 31-year-old has been convicted of stealing billions of dollars from customers of FTX, which was the world’s second-largest crypto exchange before its dramatic collapse last year. To this day, FTX users – at least 80,000 of
Paul Gutierrez, ESPN Staff WriterNov 1, 2023, 08:04 PM ET Close Paul Gutierrez joined NFL Nation in 2013 and serves as its Las Vegas Raiders reporter. He has a multi-platform role – writing on ESPN.com, television appearances on NFL Live and SportsCenter, and podcast and radio appearances. Before coming to ESPN, Gutierrez spent three years at CSN Bay Area
In this article AAPL Follow your favorite stocksCREATE FREE ACCOUNT Tim Cook, CEO of Apple Inc., during an event at Apple Park campus in Cupertino, California, on Sept. 12, 2023. David Paul Morris | Bloomberg | Getty Images Apple now has $162.1 billion in cash on hand, according to the company’s fiscal fourth-quarter earnings report released Thursday.
Revenue from iPhone sales reached a new record due to high demand in China and emerging markets, the company announced on Thursday. However, the high Q3 revenue was not enough to reverse the downward trend in Apple’s overall performance. A total of $43.8bn (£35.9bn) was raised from iPhone sale alone after price rises and the
In its latest effort to improve the EV ownership experience, Ford has acquired Auto Motive Power (AMP). Ford will use the energy solutions providers’ tech to improve EV charging and battery management. Founded in 2017, LA-based AMP provides hardware and software for several solutions, including EV charging, cloud solutions, and battery and energy management. AMP’s