President-elect Donald Trump announced his intention to run for office on Wednesday. Jared Isaacmanthe online payments billionaire and the first private astronaut to ever perform a spacewalk, like the next NASA administrator. The move could raise questions about possible conflicts of interest, given Isaacman’s extensive financial ties to Elon Musk, who is set to co-chair … Read more
A shortage of planes and engine-building difficulties could mean consumers face two more years of record flight prices. For decades, two large companies held a firm grip on the aircraft manufacturing market: Boeing with a 40.6% share and Airbus with the remaining 60.4%. But significant disruptions in the first sector are wreaking havoc around the … Read more
An investment vehicle founded by one of Britain’s biggest venture capitalists is in advanced talks to buy a portfolio of stakes in some of the country’s most promising technology companies. Sky News has learned that Lexham Partners, set up this year by Dominic Perks, is close to a deal to acquire stakes in companies including … Read more
Budget airline Frontier Tuesday revealed plans new seats for its customers who want a first-class style experience. This new tier, expected to be rolled out in late 2025, marks the first time the carrier has offered its customers a premium seating alternative comparable to traditional carriers’ first-class cabins. The airline describes the new seats as … Read more
The sleeping Jaguar suddenly woke up. After months of gentle provocations, the British car manufacturer has unveiled its latest model: a “fully electric concept with bold shapes and exuberant proportions to inspire future Jaguars”. Predictably, we were bombarded with marketing talk alongside the launch of the Type 00, the biggest rebrand in the company’s 102-year … Read more
Jaguar wants to “be bold and disruptive” with its new electric car and design, the luxury vehicle maker’s chief executive has told Sky News. The British carmaker sparked widespread controversy last month when it revealed its new name ahead of becoming a fully electric brand. Speaking to Sky News Business and Economics Correspondent Gurpreet NarwanManaging … Read more
Lawyers representing British motorists who had to pay inflated prices to deliver vehicles to the UK have agreed settlements worth £38 million after a years-long battle alleging they were defrauded by a cartel of shipping companies. Sky News understands that Mark McLaren, the representative of the group which filed the complaint, and Scott+Scott, the US … Read more
The Observer staff joining Tortoise Media, the world’s oldest Sunday newspaper, will be offered continued access to Guardian job vacancies in a last-ditch compromise offered before the company’s first strike for decades. Sky News has obtained a memo sent to Guardian Media Group employees on Monday from Anna Bateson, the company’s chief executive, which outlines … Read more
The Treasury is set to finalize Rachel Reeves’ first visit to China as chancellor just days before Donald Trump is sworn in for the second time as US president. Sky News understands that Whitehall officials have planned a mid-January resumption of economic and financial dialogue between the UK and China after a six-year hiatus. Sources … Read more
A mining group whose financier Nick Candy is the largest shareholder is set to snap up a London-listed gold explorer to create an enlarged group worth more than £150 million. Sky News has learned that Metals Exploration, also listed on the AIM junior market, is close to completing a cash and stock deal to acquire … Read more