The pound has fallen to its lowest level for nine months after UK government borrowing costs continued to rise. The drop came as UK 10-year borrowing costs surged to their…
Category: Business News
UK: Europe’s biggest battery farm’ built on coal mine
Work is under way to create what has been described as Europe’s largest battery storage project at Coalburn in South Lanarkshire. Developers say the two huge neighbouring battery farms –…
India: Rescuers race to save men stuck in flooded rat-hole mine
Rescuers in India are racing against time to bring out miners trapped inside a flooded coal mine in the north-eastern state of Assam. Three of the nine men inside were…
USA: Authorities say tech giant Tencent works with Chinese military
The US has added several Chinese technology companies, including gaming and social media giant Tencent and battery maker CATL, to a list of businesses it says work with China’s military.…
UK: Ukrainians open Ukrainian school to preserve heritage
Members of a newly opened Ukrainian school have said the launch has been successful in helping their children maintain ties to their culture.The Saturday school located at St Luke’s Community…
Japan: Fat bluefin tuna sold to Tokyo sushi restaurateurs for $1.3m
Sushi restaurateurs in Tokyo say they have paid 207m yen ($1.3m; £1m) for a bluefin tuna which is about the size and weight of a motorbike. The sale is the…
USA: Biden bans offshore drilling across vast area of US
US President Joe Biden has announced a ban on new offshore oil and gas drilling along most of America’s coastline, weeks before Donald Trump takes office. The ban covers the…
DR Congo: Chinese nationals arrested with gold bars and $800,000 cash
Three Chinese nationals have been arrested with 12 gold bars and $800,000 (£650,000) in cash in eastern Democratic Republic of Congo, officials say. The gold and money was hidden under…