Brand new Lucid electric cars sit parked in front of a Lucid Studio showroom in San Francisco on May 24, 2024. Justin Sullivan | Getty Images Electric vehicle maker Lucid Group on Tuesday said CEO Peter Rawlinson is stepping down as the company expects to more than double vehicle production this year to 20,000 units.…
The ABC’s election analyst, Antony Green, has just announced that the upcoming federal election will be his last on-air with the ABC. Green said on Wednesday morning it was “time to retire”. “I turn 65 this coming weekend,” he said. “I work on a three-year election cycle with federal elections, I won’t be presenting elections…
Published Tue, Feb 25 20251:18 PM ESTUpdated 2 Hours Ago Jeff Marks@jeffmarkscnbc In this photo illustration, a Coterra Energy Inc. logo is seen on a smartphone screen. Pavlo Gonchar | SOPA Images | LightRocket | Getty Images Coterra Energy shares dropped 3% on Tuesday despite the oil and natural gas producer delivering better-than-expected fourth-quarter earnings late…
A British couple were arrested in Afghanistan due to a “misunderstanding” that they had fake Afghan passports, the Taliban said on Tuesday. Peter and Barbie Reynolds, 79 and 75, were detained by the Taliban’s interior ministry on 1 February while returning to their home in the central province of Bamiyan. The couple, who run education…
Traders work on the New York Stock Exchange floor on Feb. 20, 2025. Spencer Platt | Getty Images An expensive stock market did not prevent traders from getting more bullish as investors increasingly bet that the bull run could keep chugging along, according to Charles Schwab’s new quarterly client survey. The bulls continue to outnumber…
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Most removals of chief executives from FTSE 100 companies follow the same script. Financial results disappoint; the share price falls; improvement is promised but doesn’t materialise; the shares fall further; a beleaguered board, harassed by the shareholders, finally pulls the plug. The process tends to take ages. The exit of Hein Schumacher from Unilever is…
Planned strikes by train drivers on London’s Elizabeth line on Thursday and Saturday have been called off after a new pay offer. Members of Aslef had planned to stage a series of strikes that would have caused travel disruption in the capital. The union said its executive would consider a revised offer from the line’s…
Tickets to the second Fyre festival have gone on sale this week, promising a more successful experience than the first, which was the subject of a lawsuit. The infamous first edition was a headline-making disaster in 2017 after guests discovered that their luxury experience was a sham with inadequate accommodation, a lack of organisation and…
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