Author: News Desk

Elon Musk visits Twitter carrying sink as deal looms Billionaire Elon Musk posted a video on Twitter of him walking into Twitter’s headquarters carrying a sink, raising speculation about the fate of his planned takeover. Musk faces a Friday deadline to complete the $44bn takeover – which was announced months ago but then abandoned, before U-turning once more. Musk agreed to more forward with the original deal, earlier this month – just weeks before a court trial over him abandoning the sale was set to start. “Entering Twitter HQ – let that sink in!” He wrote. In business parlance, “Kitchen…

Oil giant to boost dividends as firm continues to benefit from energy price spike after Ukraine invasion Shell has reported profits of nearly $9.5bn (£8.2bn) between July and September, more than double the amount it made during the same period a year earlier, as it said it would increase its payments to shareholders. The oil company continued to benefit from soaring energy prices prompted by Russia’s invasion of Ukraine, but it was not able to match the record $11.5bn profit it earned between April and June, because of weaker refining and gas trading. Continue reading… ​Oil giant to boost dividends…

Larger-than-forecast drop to £1.5bn in third quarter came despite rising interest rates Profits at Lloyds Banking Group dropped by 26% in the three months to September, as the UK’s “deteriorating” economic outlook forced it to put aside nearly £670m to protect against potential defaults on loans and mortgages. Lloyds, which owns Halifax and is the country’s largest mortgage lender, said pre-tax profits had tumbled to £1.5bn in the third quarter, down from £2bn during the same period last year. That was larger than the 9.5% fall to £1.8bn that analysts had predicted. Continue reading… ​Larger-than-forecast drop to £1.5bn in third…

The actor has left the show.

  Opposition claims Home Secretary is nicknamed ‘leaky Sue’ by officials on Whitehall Opposition claims Home Secretary is nicknamed ‘leaky Sue’ by officials on Whitehall 

  Around 12.5 million people who receive the state pension could face a real-terms cut in income if their payments do not rise in line with soaring inflation, which is currently at around 10 percent. ​Around 12.5 million people who receive the state pension could face a real-terms cut in income if their payments do not rise in line with soaring inflation, which is currently at around 10 percent. 

  Yesterday, the US Navy and Army launched a rocket from a base in Virginia as part of new weapons testing, the Pentagon has confirmed. ​Yesterday, the US Navy and Army launched a rocket from a base in Virginia as part of new weapons testing, the Pentagon has confirmed. 

 Former chancellor accuses ex-PM of failing to show respect for ‘our key economic institutions’. Former chancellor accuses ex-PM of failing to show respect for ‘our key economic institutions’. 

  Adam Wardle is now banned from keeping animals for 10 years Adam Wardle is now banned from keeping animals for 10 years 

  Rishi Sunak is preparing a radical set of reforms to improve people’s lives across the country. ​Rishi Sunak is preparing a radical set of reforms to improve people’s lives across the country.