Author: Press Room

Rishi Sunak will next week announce a new system of support for companies’ energy bills, with all UK businesses to be given a discount on the cost of their power from the spring.The government will also provide more generous targeted support for energy-intensive industries such as steel and ceramics to help them deal with soaring bills, caused by Russia’s invasion of Ukraine. The overall package will be set at a lower level than the current six-month-long business energy scheme, which is set to cost about £20bn by the time it expires at the end of March.In his Autumn Statement, chancellor…

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Binance, the world’s largest cryptocurrency exchange, has remained the leader in the space, ending 2022 with a 66.7% market share compared to 48.7% at the start of the year.According to a report from CryptoCompare, Binance accounted for 66.7% of all trading volume on centralized crypto exchanges in the last quarter of 2022 following the collapse of FTX, one of its biggest rivals. In comparison, the platform had a market share of 48.7% at the start of 2022.The rise in Binance’s market share came even as the platform saw a more than 45% drop in its spot trading volume amid the…

“I would like to reiterate that the continuous activities of the People’s Liberation Army (around Taiwan) are not helpful to cross-strait relations nor to the peace and stability of the region,” Tsai said. “As we are facing the expansion of authoritarianism, we can only but strengthen the country’s combat capabilities and toughness to secure our national security and interests,” said Tsai. Meanwhile, China accused the US of “publicly hyping” the passage on Thursday of the Arleigh Burke-class guided-missile destroyer USS Chung-Hoon through the strait, adding that its forces monitored the ship the entire time. “The Eastern Theater Command of the…

From tennis champion to expectant mother in under a year. Former world number one and four-time grand slam champion Ash Barty announced on Friday she is expecting her first child with husband Garry Kissick. “2023 set to be the best year yet. We are so excited for our new adventure,” the Australian native said. “Origi already the protective big sister” Barty used her adorable border collie Origi to help reveal the news to her 516K Instagram followers. The 26-year-old shocked the tennis community when she announced her retirement last March — two months removed from winning the Australian Open. Kissick,…

From tennis champion to expectant mother in under a year. Former world number one and four-time grand slam champion Ash Barty announced on Friday she is expecting her first child with husband Garry Kissick. “2023 set to be the best year yet. We are so excited for our new adventure,” the Australian native said. “Origi already the protective big sister” Barty used her adorable border collie Origi to help reveal the news to her 516K Instagram followers. The 26-year-old shocked the tennis community when she announced her retirement last March — two months removed from winning the Australian Open. Kissick,…

Brian Kohberger, the criminology Ph.D. student accused of stabbing four University of Idaho students to death in November, applied for an internship in the fall with the local police department in Pullman, Washington, according to a newly released probable cause affidavit. Kohberger worked as a teaching assistant at Washington State University and lived in Pullman, a college town just miles from the crime scene in Moscow, Idaho. He submitted his application to the police department at some point during the fall semester, when he took his first semester of classes at WSU after graduating from DeSales University with a master’s degree in…

It’s been well over a decade since the young field of behavioural economics — which challenges classical economic theory by digging into complex psychological factors behind decision-making — took the political world by storm. Barack Obama appointed Cass Sunstein, co-author of the hit behavioural economics book Nudge, to his White House team. David Cameron set up a “Nudge Unit” within the UK Cabinet Office.The trend has been slower to catch on in the investment world. But one leading behavioural economist claims to have cracked a way for investors to capitalise on this area of research to achieve outsized returns. Is…

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