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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 The UK Ministry of Defence has said that Russia has likely withdrawn units from the area in northeastern Ukraine, in its daily intelligence update.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
Well-wishers in Scotland have been saying goodbye to the Queen, with her coffin seen for the first time as it makes 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, through the Aberdeenshire
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.
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
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
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
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
Senior MPs have pledged their allegiance to King Charles III in a rare Saturday Commons sitting. Commons Speaker Sir Lindsay Hoyle was the first to do so. He was followed by Father of the House, the longest serving male MP, Conservative Sir Peter Bottomley. Then came the Mother of the House, the longest serving female
Russia has ordered its troops to withdraw from two front line positions in eastern Ukraine in the face of a shock advance by Ukrainian forces. The retreat on Saturday marked the most significant gain for Ukraine‘s military since they defeated a Russian attempt to conquer the capital, Kyiv, back in March. “The Russian army in
This week on Electrek’s Wheel-E podcast, we discuss the most popular news stories from the world of electric bikes and other nontraditional electric vehicles. This time that includes Volcon’s moto e-bike, a funky sidecar e-bike from Mod, CSC RX1E electric motorcycle and lots more. Apologies for the sound quality on this one. Micah’s computer wouldn’t work with
European Commission President Ursula von der Leyen says the region is facing an extraordinary situation. Thierry Monasse | Getty Images News | Getty Images European Union energy ministers on Friday gathered in Brussels for emergency talks on how to protect households and businesses from runaway gas and electricity prices ahead of winter. European Commission President
9:56 AM ET Jeff Kassouf This is the point in the four-year cycle when the World Cup starts feeling real. The major continental tournaments of summer are in the books, teams have qualified, rosters are starting to get more consistent and opponents for friendlies are becoming more challenging. The 2023 Women’s World Cup begins in
Charles III has been officially proclaimed King by the Accession Council. The principal proclamation took place on the balcony at St James’s Palace as trumpets blared, guns were fired from the Tower of London, and the centuries-old ceremony was televised for the first time. It was followed by a rendition of God Save the King
Deepak Ahuja joined Zipline as Chief Business and Financial Officer in 2022. Courtesy Zipline Former Tesla CFO Deepak Ahuja will join Zipline’s leadership team as the company’s chief business officer and CFO, Zipline announced Friday. Zipline is a Silicon Valley-based robotics company that delivers supplies to hard-to-reach areas using drones. It initially focused on medical
Steve Coogan has told Sky News it feels strange to be away promoting his latest film following the death of the Queen. The star has been at the Toronto Film Festival for the world premiere of The Lost King, which he stars in, produces and also co-wrote. “It’s a very odd feeling,” he said. King