The Treasury has revealed proposals to regulate cryptocurrency, following widespread calls for action after the spectacular collapse of one of the world’s largest trading exchanges. Promising a “robust” approach to digital assets consistent with traditional finance, the government says it wants exchanges to have fairer and tighter standards. Under the plans, crypto platforms would become
Month: January 2023
Hundreds of thousands of workers are going on strike, in what will be the biggest day of industrial action for more than a decade. Teachers in England and Wales who are members of the National Education Union are set to stage walkouts – affecting 23,000 schools. Estimates from the NEU suggest 85% of schools across
4:38 PM ET Associated Press NASCAR has essentially banned the “Hail Melon” video-game move driver Ross Chastain used at Martinsville Speedway to race his way into the championship finale. Chastain last year mashed the gas and deliberately smashed into the wall so that the energy would speed his car past his rivals. The move advanced
Love Island star Molly-Mae Hague has revealed her baby daughter’s unique name is Bambi. Announcing the news on Instagram, the 23-year-old shared a photo of her week-old baby laying in a crib in a nursery that featured the name Bambi in light-up lettering on the wall. It was simply captioned with her daughter’s name, followed
NIU’s electric scooters, mopeds, and e-bikes have been a hit with adults around the world. Now the company is bringing that same electrically powered fun to a younger audience with the launch of a new kids’ scooter known as the NIU NQi Mini. The scooter takes the shape of NIU’s popular N-series electric scooters, but
Norway’s sovereign wealth fund was established in the 1990s to invest the surplus revenues of the country’s oil and gas sector. Bloomberg | Bloomberg | Getty Images Norway’s sovereign wealth fund on Tuesday reported a record loss of 1.64 trillion Norwegian kroner ($164 billion) for the whole of 2022, citing “very unusual” market conditions. The
Hollywood actor Alec Baldwin has been formally charged in New Mexico with involuntary manslaughter over the fatal shooting of a cinematographer on the set of the western film Rust. Baldwin has vowed to fight the two counts against him, with his lawyer calling the case a “terrible miscarriage of justice”. A live round killed Halyna
Arriving in Haiti’s capital, Port-au-Prince, the sheer scale of the poverty takes your breath away. The streets are teeming with people but everywhere is shrouded in acrid smoke from piles of burning rubbish. From the hills above Port-au-Prince, the city at times disappears in a fog of polluted air. Wherever you walk people ask for
Corporate insolvencies have reached their highest level since the aftermath of the great financial crisis, official figures show. There were 22,109 insolvencies in 2022, the highest figure since 2009 and an increase of 57% from 2021, when 14,059 businesses went bust. Businesses are reeling from the end of the pandemic support packages, which provided a
Police searching for missing Lancashire woman Nicola Bulley are “especially keen” to speak to a witness aged around 70 who was in the area at the time she vanished. The 45-year-old mother of two was last seen at 9.15am on Friday by a member of the public. Her mobile phone was found on a bench
Thousands of ambulance workers in England will strike on 10 February, Unison has announced. The union said workers across five services will walk out as the long-running dispute over pay and staffing continues. Ambulance workers in London, Yorkshire, the South West, North East and North West will be involved in the industrial action. Strikes will
A farmworker charged with killing seven people at two mushroom farms in California told police he carried out the shootings after his supervisor demanded he paid $100 (£81) to repair a damaged forklift truck. San Mateo County District Attorney Steve Wagstaffe told the Bay Area News Group that Chunli Zhao was enraged by the equipment
Downing Street has insisted that the UK’s economy is strong despite the International Monetary Fund’s warning that Britain’s economy will go into reverse this year and will fare worse than all other advanced nations. In its latest World Economic Outlook update, the IMF downgraded its UK gross domestic product (GDP) forecast once again, predicting a
When British actress Andrea Riseborough’s name was read out as one of this year’s five Academy Award nominees for best actress, it came as something of a surprise to many. Not because her performance in To Leslie – a small indie film in which she plays a single mother who turns to alcoholism after winning
Attendees wait in line beneath a large LED display of smart connected home products to enter the Samsung Electronics booth, during the Consumer Electronics Show (CES) in Las Vegas, Nevada, on January 6, 2023. Patrick T. Fallon | AFP | Getty Images Shares of semiconductors in Asia fell as South Korean chip giant Samsung Electronics
Both the UK and US have ruled out sending F-16 fighter jets to Ukraine. Downing Street said it is “not practical” to send them to Ukraine to bolster its fight against Russia. While US President Joe Biden responded “no” when asked by a reporter if he would send F-16s to the frontline, and confirmed Washington
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