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COVID 19 Articles
Q&A: Why are UK energy bills so high – and how could they be lowered?
UK household energy bills reached £1,723 annually in October 2026, with further increases forecast for January 2027 amid high gas prices driven by geopolitical tensions. Experts debate whether accelerating renewable energy transition or pursuing alternative approaches would best address sustained price pressures.
Revealed: UK relied on £2bn of ‘questionable accounting’ to hit its climate-aid goal
UK hit its £11.6bn climate-aid target through accounting changes that reclassified roughly £2.1bn of existing funding as new climate finance, according to analysis by Carbon Brief.
Violence, intimidation and fear: 10 years on from the ‘Jungle’, life in Calais migrant camps is harsher than ever
A decade after the demolition of Calais’s “Jungle” encampment, approximately 4,000 asylum seekers remain in smaller camps across northern France, facing frequent evictions and documented increases in police violence.
Archdiocese of New York agrees to $800 million settlement over sexual abuse claims
The Archdiocese of New York agreed to pay $800 million to settle claims from approximately 1,300 people alleging sexual abuse by clergy and lay workers.
Trending COVID 19 News
SoftBank gets $8.2 billion boost from Intel as OpenAI takes a backseat
SoftBank reported first-quarter profit of $2.2 billion, exceeding expectations, driven primarily by an $8.2 billion gain on its Intel stake as its Vision Funds saw limited gains from OpenAI.
Rheinmetall stock volatile after trimming guidance as Germany’s F126 warship cancellation hits sales outlook
Rheinmetall trimmed its 2026 full-year sales guidance to 13.7-14.2 billion euros, citing Germany’s cancellation of its F126 warship program, though first-half sales and profits grew substantially.
Grindr’s AI spend is paying off and its pricey new tier has had some surprises, CEO says
Grindr reported second-quarter revenue of $138 million, up 33% year-over-year, as its AI strategy drives both consumer features and engineering efficiency gains.
Sweetgreen cuts full-year outlook as cyclospora fears weigh on sales
Sweetgreen cut its full-year outlook due to cyclospora outbreak fears affecting fresh produce demand, with shares falling over 15% in extended trading despite no direct implication in the outbreak.
Berkshire earnings rose last quarter and CEO Greg Abel is starting to deploy Buffett’s massive cash hoard
Berkshire Hathaway’s operating earnings rose 16% in the second quarter, with CEO Greg Abel beginning to deploy the company’s record cash hoard through increased buybacks and equity purchases.
Chinese tech giant Tencent sees spending surge, defends potential ‘superior’ AI returns
Tencent reported a 65% surge in capital expenditures to 52.8 billion yuan in the second quarter as it invests heavily in AI infrastructure, with executives defending the move by touting potential superior long-term returns.
Wendy’s stock jumps on report of potential takeover bid from Nelson Peltz’s Trian Fund Management
Wendy’s shares surged more than 14% after reports that Nelson Peltz’s Trian Fund Management is preparing a takeover bid for the struggling burger chain with other investors.
Under Armour’s Turnaround Hits a Wall as North America Demand Craters
Under Armour lowered its full-year revenue guidance to a mid-single-digit percentage decline from a previously expected slight decline, citing weakened North America demand and consumer spending pressures.
Ondo Stocks Volume Hits $27B, Tokenized Equity Platform Holds Above $1B
Ondo Finance’s tokenized stock platform reached $1.01 billion in total value locked with $27 billion in cumulative trading volume since its September 2025 launch, supporting over 440 tokenized U.S. stocks and ETFs.
Casino operator liquidated as Chapter 11 bankruptcy ends
Imperial Pacific International’s Chapter 11 bankruptcy case has concluded after a federal judge approved a structured dismissal, resolving one of the largest insolvencies in Commonwealth of the Northern Mariana Islands history.
Bitcoin Has Never Faced Global Bond Yields This High Since It Was Born
Bitcoin has declined 46% annually as global bond yields reach their highest levels since July 2008, when the cryptocurrency did not yet exist, while investors seeking inflation protection have favored gold instead.
US 20-Year Bond Sale to Test Demand as Yield Curve Steepens
The US Treasury is scheduled to sell $16 billion in 20-year government bonds, with when-issued yields indicating around 5.27%, potentially the highest since the security’s 2020 reintroduction.