Tesla’s misfortunes have deepened while the last production and deliveries figures showed a greater fall than expected. In total, 384,122 teslas were delivered from April to June this year, a drop of 13.5% over the same period last year and the second quarter of production. Wall Street analysts expected Tesla to report approximately 1,000 additional … Read more
A group of savings and retirement services supported by Apollo Global Management is closer to a takeover of nearly 6 billion pounds of Sterling in Pension Insurance Corporation (PIC), one of the largest specialized insurers in the city. Sky News has learned that Athora, who belongs to a minority by Apollo, the giant of alternative … Read more
Santander must buy TSB, becoming the third largest bank in the United Kingdom in the process. This could mean that the TSB brand is no longer visible on the main street, because Santander said that it “intended to join the TSB in the Santander UK group”. Santander agreed to pay a first 2.65 billion pounds … Read more
The investment capital company which employs the president of BP as an advisor is part of the bidders exploring a takeover of Castrol, the lubricating arm of the oil giant which was put up for approximately 8 billion dollars (5.8 billion pounds sterling). Sky News has learned that Clayton Dubilier & Rice (CD & R) … Read more
The approval by OFGEM of an investment of 24 billion pounds sterling in the expansion of the energy network, and the increase in invoices of £ 102 which will pay it, is a recognition that the cleaner prices, more predictable and, hopefully, it will only be a price today. THE Green light investments Today, including … Read more
A major element in household energy bills should increase sharply compared to next year to help pay efforts to maintain energy security during transition to green power. The industry regulator ofgem is to determine the amount of the network load energy Suppliers from April 1, 2026 to March 31, 2031 would increase network costs in … Read more
Donald Trump launched his last attack on the American Central Bank, saying that interest rate workers had “failed”. During the weekend, he said that he wanted interest rates to be 1% and that he would “like” that Jerome Powell, the president of the Federal Reserve, resigned. It comes Less than two weeks Since he called … Read more
The ministers explore ways to give state support to the remaining oil refineries of Great Britain while they are jostling to meet the fallout of the Prax Lindsey site in Lincolnshire which threw a shadow on hundreds of jobs. Sky News understands that Ed Miliband, the Energy Security Secretary, wishes to design a mechanism for … Read more
The owner of the Lindsey oil refinery crashed into insolvency, putting hundreds of jobs in danger during the energy conglomerate behind the Lincolnshire site. Sky News learned that State Oil, the parent company of Prax Group, which has interests on the oil ground in Shetlands and has around 200 service stations, was forced to call … Read more
The capital-investment company at the center of a series of tenders for British companies leads to the 1.7 billion pound sterling race to buy the owner of the operations of Argos Store-Card. Sky News has learned that KKR is the fratrunner to buy Newday Group, which belongs to the cinven and CVC Capital Partners buyout … Read more