Similar Posts
Geothermal energy: Investment needed to develop new tech
To go faster and deeper will require advances in drilling technologies. Companies are developing drilling equipment that is more stable when breaking through hard rock at high temperatures. Some firms are even aiming to penetrate rock without using standard drills. Quaise, a company with roots at the Massachusetts Institute of Technology (MIT), is using a…
Surging fuel prices push UK inflation rate to 3.5% ahead of Budget
With a week to go until he delivers the Budget, Healey said: “We know that price rises from conflicts in the Middle East and Europe are hitting Britain and countries worldwide.” He said the International Monetary Fund last week had praised the UK government for its “fiscal discipline”, and that the government has just given…
Annual energy bills predicted to fall by £22 in January
Archie MitchellBusiness reporter PA Media Household energy bills are expected to fall slightly in the new year before rising again in April, according to consultancy Cornwall Insight. The forecaster expects the annual bill for households using a typical amount of gas and electricity will be £1,733 between January and March, when the latest energy price…
Daily Mail owner agrees to buy Daily Telegraph for £500m
Getty Images The publisher of the Daily Mail has agreed to buy the Daily and Sunday Telegraph for £500m. The Daily Mail and General Trust (DMGT) said it had entered a period of discussion with RedBird IMI, which is a joint venture between the United Arab Emirates and the US private equity firm RedBird Capital…
Trump Media reports $238m loss as crypto falls
President Donald Trump’s social media company reported a loss of $238m (£176m) between April and June as it branched into ventures unrelated to media, including cryptocurrencies. The quarterly loss is more than 10 times the amount reported during the same period a year earlier, according to the Trump Media and Technology Group, which owns the…
