In 2012, the Eurozone was facing an existential crisis, with the future of the euro itself in doubt. Investors were seeking an ever-greater premium to lend to countries like Spain and Italy and there was real concern in European capitals that at least one country might have to be ejected from the single currency zone.
A British man jailed for causing the death of an Indonesian policeman on a Bali beach has been released from prison after serving his sentence. David Taylor, 38, was sentenced to six years in prison in 2017 over the killing of traffic officer Wayan Sudarsa. The head of Bali’s Kerobokan jail, Fikri Jaya Soebing, confirmed
AstraZeneca has said it is on course to roll out a coronavirus vaccine that is effective against new variants by the autumn. The company, which has produced a COVID-19 vaccine alongside University of Oxford, said clinical trials for the next generation of jab would commence in the spring. It added that the plan would be
Health Secretary Matt Hancock has told Sky News the government is “doing everything we can” to allow Britons to enjoy a holiday this year – amid confusion about whether people should be booking summer breaks. Following the introduction of tougher border measures for UK nationals returning from abroad and the continuing lockdown restrictions, the government
Royal Dutch Shell has revealed a new set of targets to achieve net zero emissions by 2050, with carbon intensity reductions to include third party oil and gas the company sells as products. The energy company, which has received criticism from institutional investors over the power behind its earlier climate ambitions, said a “comprehensive carbon
The chairman of a City accountancy firm has resigned following a backlash over remarks made to staff which dismissed concerns about COVID crisis fatigue. Bill Michael, the chairman of KPMG UK, reportedly told the online gathering involving hundreds of workers on Monday that they should stop “moaning” and “playing the victim card”. It was an
An uncrewed Chinese spacecraft on Wednesday successfully entered orbit around Mars after a 6-1/2-month journey from Earth, China’s space agency said, in the country’s first independent mission to the red planet. The robotic probe carried out a 15-minute burn of its thrusters at 7:52pm Beijing time (5:22pm IST), the China National Space Administration said in a
Joss Whedon, who is behind projects such as Justice League and Agents of S.H.I.E.L.D, has been accused of creating “toxic and hostile work environments” by a Buffy the Vampire Slayer actress. Charisma Carpenter, who played Cordelia Chase in the supernatural drama, also said that Whedon, who created the show, was responsible for “ongoing, passive-aggressive threats”
Donald Trump was described as the “inciter-in-chief” who “had left everyone in this Capitol for dead” as the impeachment trial against him began in earnest. During eight hours of testimony, Democrat politicians, acting as “impeachment managers”, berated Mr Trump for having whipped up an atmosphere of such febrile aggression that a demonstration of support for
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This image shows wind turbines from Vestas in use at a facility in Russia. Valery Matytsin | TASS | Getty Images Vestas announced plans for a 15 megawatt (MW) offshore wind turbine on Wednesday, with the Danish firm hoping to install a prototype next year before ramping up production in 2024. According to the Aarhus-headquartered
A team of Mossad officers spent months learning the minute-by-minute routine of a top Iranian nuclear scientist – before killing him with a remote-controlled machine gun. Some of the 20-strong Israeli team smuggled the gun – which weighed a tonne – piece by piece into the country, while others watched every move Mohsen Fakhrizadeh made.
A close up image of a CPU socket and motherboard laying on the table. Narumon Bowonkitwanchai | Moment | Getty Images A chip shortage that started as consumers stocked up on personal computers and other electronics during the Covid-19 pandemic now threatens to snarl car production around the world. On Tuesday, GM said that it
Former health secretary Jeremy Hunt has admitted the UK had been concentrating all of its pandemic planning only on flu. Speaking on a Sky News’ special programme, Covid Crisis: Learning the Lessons, Mr Hunt – Britain’s longest ever serving health secretary – was candid. Asked if he felt he should take some responsibility for the
Bank of England Governor Andrew Bailey has urged the EU not to pick a fight over post-Brexit access for financial services and accused it of demanding tougher standards of the UK than other countries. Brussels has been slow to grant “equivalence” status allowing UK firms access to the bloc in the way that has already
Prominent Saudi women’s rights activist Loujain al-Hathloul has been released from prison after spending more than 1,000 days behind bars. Her sister Lina posted the news on Twitter with a screenshot of a smiling Loujian speaking to her via video call but warned that while she was out of jail she was still not fully