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British companies are exporting hundreds of millions of pounds of equipment and machinery which almost certainly ends up in Russia, undermining the official sanctions regime and bolstering Vladimir Putin’s war machine, according to data analysis from Sky News. The items – which include drone equipment, optical supplies and heavy machinery – are being sent to
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A SolarEdge Technologies logo is seen on a smartphone and a PC. Pavlo Gonchar | SOPA Images | LightRocket | Getty Images SolarEdge‘s stock tumbled Tuesday after the company gave weak guidance for the first quarter, as the residential solar market continues to face headwinds from high interest rates and depressed demand. SolarEdge expects revenues
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Higher interest rates helped HSBC achieve record annual profits last year but the sum was dented by the economic slowdown in its biggest growth market. Europe’s largest lender, which is UK based but largely Asia focused, reported pre-tax profits of $30.3bn (£24bn) for 2023 – a 78% rise on 2022’s sum. While much of that
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A Trident missile has misfired and crashed into the ocean off the coast of Florida during a rare test launch by a British nuclear submarine in an embarrassing blow for the Royal Navy. The Ministry of Defence on Tuesday night confirmed an “anomaly” had occurred with the drill involving HMS Vanguard, but a spokesperson insisted
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