Battery day backfires at Tesla: Shares dive as Musk fails to deliver on ‘million-mile’ battery breakthrough By Matt Oliver For The Daily Mail Published: 21:58 BST, 23 September 2020 | Updated: 22:07 BST, 23 September 2020 More than £15billion was wiped off the value of Tesla after boss Elon Musk’s promise to make a genuinely … Read more
BUSINESS LIVE: Inflation dives to 0.2%; Housebuilder Redrow reveals earnings slump; Zara owner returns to profit By This Is Money Published: 08:06 BST, 16 September 2020 | Updated: 08:16 BST, 16 September 2020 Inflation plunged last month as the government’s Eat Out scheme and tumbling air fares suppressed prices. The CPI measure dropped from 1 … Read more
Lloyds dives into red as it warns of pandemic’s ‘profound’ impact on economy and says up to £5.5bn in loans could go bad By Matt Oliver For The Daily Mail Published: 22:27 BST, 30 July 2020 | Updated: 22:27 BST, 30 July 2020 Lloyds Banking Group dived into the red as it warned of the … Read more
A new documentary dives into the life of Princess Margaret and explores how she went from being King George VI’s favourite to royal rebel. The second part of Private Lives of the Windsors, airing on the Smithsonian channel, follows the Countess of Snowdon from early childhood to the collapse of her marriage. Through testimonies from … Read more
Software giant Micro Focus shed a fifth of its value after a huge loss sent investors scrambling for the exit. The struggling company swung to a loss of £820million between November and April, as it said ‘economic uncertainty’ triggered by the pandemic meant it had to write down the value of its assets by £730million. … Read more
Fashion chain Joules dives in to the red as lockdown hurts sales following the closure of all of its 128 stores By Daily Mail City & Finance Reporter Published: 23:16 BST, 16 June 2020 | Updated: 23:16 BST, 16 June 2020 Fashion chain Joules has tumbled into the red following the closure of its 128 … Read more
Former NASA astronaut and geologist Kathy Sullivan has become the first woman to dive to lowest point on Earth, known as Challenger Deep, inside the Mariana Trench. Sullivan, 68, emerged from the submersible DSV Limiting Factor (LF) on Sunday, which performed a successful expedition at more than 35,000 feet below the ocean’s surface. LF, built … Read more
Former NASA astronaut and geologist Kathy Sullivan has become the first woman to dive to lowest point on Earth, known as Challenger Deep, inside the Mariana Trench. Sullivan, 68, emerged from the submersible DSV Limiting Factor (LF) on Sunday, which performed a successful expedition at more than 35,000 feet below the ocean’s surface. LF, built … Read more
The bloodbath on the stock market stepped up another gear this afternoon, with the FTSE 100 suffering its second worst day on record, as it closed down 10.87 per cent. The FTSE 100 closed down 639.04 points at 5,237.48 and has now dropped 32 per cent from its mid-January recent peak. Investors are questioning how … Read more