Thames Water has suffered a major setback in its attempt to secure its future after US private equity giant KKR pulled out of plans to buy the company. KKR had been selected as the preferred partner to inject £4bn of much-needed cash into the UK’s biggest water company. The setback increases the possibility that the...
UK steelmakers said US President Donald Trump’s decision to double import taxes on steel and aluminium to 50% is “yet another body blow” to the industry. Trade group UK Steel warned some orders could be delayed or cancelled, with uncertainty surrounding some shipments which are already halfway across the Atlantic. Trump’s new 50% import tax...
France’s National Assembly has voted to abolish low-emission zones, a key measure introduced during President Emmanuel Macron’s first term to reduce city pollution. So-called ZFEs (zones à faibles émissions) have been criticised for hitting those who cannot afford less-polluting vehicles the hardest. A handful of MPs from Macron’s party joined opposition parties from the right...
Texas Governor Greg Abbott has signed an online child safety bill that requires Apple and Google to ensure that their app stores verify the age of users in the nation’s second most populous state. Under the new law, minors will need parental approval before they can download apps or make in-app purchases. The bill was...
Worcestershire’s seam bowlers produced their best performance of the season to blow away Essex’s batters and put them in complete control on day two at Visit Worcestershire New Road. In a clinical bowling display, wickets were shared amongst the pace bowlers, with Tom Taylor’s 15-over spell of 3-23 the standout performance. Robin Das top scored...
In a significant blow to the government’s clean energy ambitions the Danish energy company Orsted has cancelled plans for a huge windfarm off the coast of East Yorkshire. The Hornsea 4 project would have become one of the biggest offshore wind farms in the world with a potential capacity of 2.4GW – enough to power...
“We punched them in the face.” Alex Mitchell’s reference to an act of violence after 80 minutes of compelling European rugby at Aviva Stadium may have delivered an element of surprise. It was, however, an emotive reflection which suitably matched a Northampton Saints performance that left Leinster with more than a bloodied nose in their...
Lily Jamali North America Technology Correspondent Natalie Sherman Business reporter Getty Images Tariffs on goods coming into the US will add nearly a billion dollars to Apple’s costs this quarter, the tech giant has said, despite President Donald Trump’s decision to spare key electronics from the new import taxes. The estimate from the iPhone maker...
Getty Images Neodymium is used to make the powerful magnets used in loudspeakers and computer hard drives As the trade war between China and the US escalates, attention has been focused on the increasingly high levels of tit-for-tat tariffs the two countries are imposing on one another. But slapping reciprocal tariffs on Washington is not...
BBC Anthony Wills runs the Kilchoman distillery and says he will try to keep prices the same despite tariffs US President Donald Trump has unveiled a list of tariffs on countries across the world that send their products to America. The UK will be subject to 10% tariffs. We’ve spoken to firms which export to...
Part of the Series Human Rights and Global Wrongs Activists in the Philippines say the stunning arrest of former President Rodrigo Duterte on a warrant issued by the International Criminal Court (ICC) for a crime against humanity marks a major step toward accountability for the thousands of Filipinos targeted and killed under the pretext of...