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The UK economy contracted by 0.2% in the third quarter, early official figures show – prompting the chancellor to warn that the “tough road ahead” will require “extremely difficult decisions”. The figure marked the first step towards recession. The Office for National Statistics (ONS) reported a dip in output for September, leaving gross domestic product
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Egyptian prison authorities have intervened medically days after jailed British-Egyptian pro-democracy activist Alaa Abd El-Fattah escalated his hunger strike, his mother said. The nature of the intervention is not known but Mr Abd El-Fattah’s family have expressed fears prison officials will force-feed the activist. The family say this would amount to torture. Mr Abd El-Fattah,
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ISRO announced on Thursday that the payload capability of India’s heaviest LVM3 rocket has been enhanced by up to 450kg with a successful engine test. According to the Indian Space Research Organisation, the CE20 cryogenic engine indigenously developed for Launch Vehicle Mark 3 (LVM3) was subjected to a successful hot test at an uprated thrust level
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Listen to a recap of the top stories of the day from Electrek. Quick Charge is available now on Apple Podcasts, Spotify, TuneIn and our RSS feed for Overcast and other podcast players. New episodes of Quick Charge are recorded Monday through Thursday and again on Saturday. Subscribe to our podcast in Apple Podcast or your favorite podcast player to guarantee
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Binance is backing out of its plans to acquire FTX, the company said Wednesday, leaving Sam Bankman-Fried’s crypto empire on the verge of collapse. The reversal comes one day after Binance CEO Changpeng Zhao announced that the world’s largest cryptocurrency firm had reached a non-binding deal to buy FTX’s non-U.S. businesses for an undisclosed amount, rescuing the
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Volodymyr Zelenskyy has urged Ukrainians to “be restrained” and cautious following the Russian order to withdraw troops from the key southern city of Kherson. In his nightly address, the Ukrainian president warned that the “enemy does not bring us gifts” and suggested that Moscow’s retreat from Kherson could be a ruse to lure Ukrainian forces
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