LONDON (Reuters) – Britain’s wind farms contributed a record 26.8% of the country’s electricity in 2022 although gas-fired power plants remained the biggest source of power, National Grid data showed on Friday. Britain has a target to reach net zero emissions by 2050 which will require a huge scale-up of renewable power generation such as …
Britain produced record amount of wind power in 2022 –National Grid Read More »
By Lucia Mutikani WASHINGTON (Reuters) – The U.S. economy added jobs at a solid clip in December, pushing the unemployment rate back to a pre-pandemic low of 3.5% as the labor market remains tight, but Federal Reserve officials could draw some solace from a moderation in wage gains. Still, the U.S. central bank’s fight against …
U.S. job growth solid in December; wage growth slows Read More »
By Karen Brettell NEW YORK (Reuters) – The dollar fell on Friday after U.S. jobs data showed a strong, but not blockbuster employment picture in December, while a separate report showed that U.S. services industry activity contracted for the first time in more than 2-1/2 years that month. Employers added 223,000 jobs in December, more …
Dollar tumbles after U.S. jobs report, service sector contraction Read More »
By Sarah Young and Tim Hepher LONDON (Reuters) -The first orbital satellite to set off for space from western Europe will be launched from Cornwall in southwest England on Monday. Virgin Orbit, part-owned by billionaire Richard Branson, who founded the Virgin Atlantic airline, plans to use a modified Boeing 747 with a rocket attached under …
Virgin Orbit set for historic satellite launch from Britain on Monday Read More »
By Scott DiSavino NEW YORK (Reuters) -Oil prices were little changed on Friday as the market balanced a weaker U.S. dollar and mixed U.S. jobs reports, but both crude benchmarks ended the first week of the year lower due to global recession concerns. Brent futures fell 12 cents, or 0.2%, to settle at $78.57 a …
Oil settles flat, with weekly decline on recession worries Read More »
ALMATY (Reuters) -Workers removed the branding from McDonald’s outlets in Kazakhstan’s biggest city, Almaty on Friday after the fast food giant’s local business appeared to fall victim to collateral damage from the Russia-Ukraine war. The brand’s exit from the Central Asian nation of 20 million divided opinion on social media and among onlookers near one …
By Seher Dareen (Reuters) – Gold prices shot up over 1% on Friday to seven-month highs as Treasury yields and the dollar fell after U.S. economic data cemented expectations of a less-hawkish Fed, setting the metal on track for its third consecutive weekly rise. Spot gold jumped 1.9% to $1,867.18 per ounce by 1:43 p.m. …
Gold jumps to highest since June on suggestions of less-hawkish Fed path Read More »
MADRID (Reuters) – A Spanish-language version of “Spare”, the much-awaited memoir of Britain’s Prince Harry, went on sale in book stores in Spain on Thursday, days ahead of its official launch date. The book reveals details about Harry’s relationship with his father, King Charles, his elder brother, Prince William, and other members of the British …
Factbox-Highlights from Prince Harry’s memoir ‘Spare’ Read More »
JOHANNESBURG (Reuters) -The rand edged higher on Friday, regaining ground thanks to a U.S. jobs report that sent the dollar tumbling, with South African stocks and bonds also making gains. The South African currency had earlier fallen after Gwede Mantashe, chairman of the governing African National Congress (ANC), told Bloomberg that it wanted to expand …
South African rand regains ground after brief SARB mandate concern Read More »
By Michael Holden and Charlie Devereux LONDON/MADRID (Reuters) -Britain’s Prince Harry says his older brother and heir to the throne Prince William knocked him to the floor during a 2019 argument over Harry’s American wife, Meghan, in his much-awaited memoir, which went on sale days early in Spain on Thursday. In his book “Spare”, Harry …
Prince Harry’s memoir sheds light on bust-ups among British royals Read More »
