BP has reported a second-quarter profit of £6.9bn ($8.45bn) – its highest in 14 years – at a time when consumer fuel prices have been at record highs. BP’s underlying replacement cost profit, the company’s definition of net earnings, was the strongest since 2008 and far exceeded analysts’ expectations of £5.6bn ($6.8bn). That compares to
1:55 PM ET Ryan Rosenblatt Two 4-4 games? Major League Soccer was having itself a weekend. Hidden behind those eight-goal affairs was a two-goal stoppage-time comeback, an MVP candidate staking his claim, the league leaders mounting an impressive come-from-behind victory and Mother Nature’s fury. Oh, and there are three days before the transfer window slams
A key force behind the 11 September 2001 attacks on the United States, Ayman al-Zawahiri spent much of the past two decades with a $25m bounty on his head. The bespectacled Egyptian doctor was leader of al Qaeda for the second half of that period. But he is perhaps better known for his previous role
British Airways has suspended selling short-haul flights from Heathrow for at least a week – as another European airport announced it was extending a cap on passenger numbers. The decision to stop new bookings on domestic and European services until and including Monday is to comply with Heathrow’s cap on passenger numbers, BA confirmed. In
Tesla has decided to deploy a swimming pool at a Supercharger station in Germany as the automaker is starting to invest more into amenities around its charging stations. But that’s a whole new level of charging amenities even for Tesla. Last week, we reported on Tesla deploying new cube lounges at a Supercharger station with
Club holding Devon Energy (DVN) reported strong fiscal second-quarter results Monday. Total revenue of $5.63 billion crushed expectations of $4.21 billion. Adjusted diluted earnings of $2.59 per share were better than the $2.37 the Street was looking for. Devon Energy is scheduled to host its post-earnings conference call on Tuesday at 11 a.m. ET. As a
A flag outside the U.S. Securities and Exchange Commission headquarters in Washington, D.C., U.S., on Wednesday, Feb. 23, 2022. Al Drago | Bloomberg | Getty Images The Securities and Exchange Commission on Monday filed a civil complaint charging 11 people for their roles in creating and promoting an allegedly fraudulent crypto-focused pyramid scheme that raised more than
Al Qaeda leader Ayman al-Zawahiri has been killed by a US airstrike in Afghanistan, according to US media reports. US president Joe Biden is set to deliver an address to the nation at 7:30pm in Washington D.C.(12.30am UK time). A senior official in his administration said: “Over the weekend, the United States conducted a counterterrorism
In this article PINS A woman walks past sign at the headquarters of Pinterest in the South of Market neighborhood of San Francisco. Smith Collection | Gado | Archive Photos | Getty Images Pinterest shares jumped on better-than-expected user numbers even as earnings and revenue missed estimates and the company gave weak guidance for the third
Rep. Adam Kinzinger (R-IL) discusses fellow GOP Sen. Tom Cotton’s remarks on the January 6 hearings, and Democratic groups supporting election deniers in hopes of improving their chances in the upcoming midterm elections. #CNN #News
Former Tory leadership contender Penny Mordaunt has endorsed Liz Truss in the race to be prime minister, in a huge blow to Rishi Sunak. Ms Mordaunt announced her backing for the foreign secretary as she introduced her at the latest Conservative leadership hustings in Exeter, declaring Ms Truss as “the hope candidate” who “knows what
Labour leader Sir Keir Starmer, SNP Westminster leader Ian Blackford, and former prime minister David Cameron are among the latest UK figures who have been added to Russia’s sanctions list. The foreign ministry says the 39 prominent Britons have been banned from entering Russia. It said it was acting in response to UK sanctions against
Beyonce is set to replace a derogatory term which features in the lyrics to a song from her new album Renaissance, after receiving criticism from charities and campaigners. Heated, which is co-written by Drake and other writers, originally included what was described as an “ableist slur” for the condition spastic cerebral palsy, which affects sufferers’
A water-activated disposable paper battery has the potential to significantly reduce the amount of electrical trash produced by single-use devices, such as those used in the medical and industrial sectors. Researchers have developed a battery that is cheap to assemble, biodegradable and made of renewable materials. Additionally, it can be made in a range of
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 new electric bicycles from Trek, Fantic, and Optibike, plus interesting electric mobility stories covering new electric motorcycles, flying electric boats, and lots more. The Wheel-E podcast is set to
Europe is facing an unprecedented gas crisis. Picture Alliance | Picture Alliance | Getty Images Europe is facing an unprecedented energy crisis that’s pushing the economy closer into a recession and posing serious questions about the region’s climate change ambitions. CNBC takes a look at how Russia, led by President Vladimir Putin, is squeezing gas
The UK’s largest sportswear retailer JD Sports Fashion is to sell its Footasylum chain following a long battle with the country’s competition watchdog. The business will be sold to German asset management firm Aurelius for £37.5m – a substantial loss on the £90m JD Sports paid for it three years ago. The news confirms a
A robot created at Standford University in the United States is diving down to shipwrecks and sunken planes and allowing its operators to feel like they’re underwater explorers too. The robot known as OceanOneK has humanoid top half, with eyes that have a 3D vision, capturing the underwater world in full colour. It resembles a
The Financial Conduct Authority has finalised tougher rules for the marketing of high-risk investments. Under the new rules, firms approving and issuing marketing must have the right expertise and those marketing some types of high-risk investments will have to do better checks to make sure those investments are well matched to consumers. Some incentives such
England’s newly crowned Euro 2022 champions have celebrated before thousands of fans after claiming the first major trophy in their history. “I think we’ve partied more than we’ve actually played football in the last 24 hours,” said the Lionesses’ captain Leah Williamson, to cheers from the crowd. On a more serious note, she said she