A bold bet on SpaceX has paid off handsomely for RIT Capital Partners, after the value of its stake in Elon Musk’s rocket and satellite business soared past £100 million by the end of last year. The Rothschild-backed investment trust revealed that its holding in the US aerospace group had risen to £102.3 million, making it the eighth-largest position in its portfolio. Just six months earlier, the stake had been valued at £31.4 million, highlighting...
U.S. Ambassador to Israel Mike Huckabee described what he believes is the ‘best option’ for Americans looking to flee Israel amid the ongoing unrest across the Middle East. Huckabee said overnight, ‘We are getting a lot of requests regarding evacuating from Israel from American citizens who are currently in Israel or who have family here,’ and that there are ‘very limited’ options available. ‘As of now, the best is utilizing Israel’s Ministry of Tourism shuttle bus to Taba, Egypt...
Breaking into the CBD market does not have to involve months of product development, complex compliance preparation, or large upfront manufacturing costs. For many entrepreneurs, the quickest route to market is partnering with a dependable white-label supplier who can manage formulation, testing, and production while you focus on branding and sales. The white label CBD sector has expanded rapidly across Europe, giving startups access to professional-grade products that are ready to sell under their own...
New satellite images offer a stark look at the devastation inside Iran after U.S.-Israeli strikes, while also revealing the damage left behind by Tehran’s retaliatory attacks across the region. According to U.S. Central Command, which oversees American military operations across the Middle East, U.S. forces struck more than 1,250 targets during the first two days of Operation Epic Fury. Planet Labs satellite imagery captured burning ships and damaged facilities at the Konarak base in southern...
The State Department on Monday urged Americans to depart immediately from more than a dozen countries across the Middle East, warning of ‘serious safety risks’ as the Iran war intensifies. Assistant Secretary of State for Consular Affairs Mora Namdar said U.S. citizens should leave from Bahrain, Egypt, Iran, Iraq, Israel, the West Bank and Gaza, Jordan, Kuwait, Lebanon, Oman, Qatar, Saudi Arabia, Syria, the United Arab Emirates and Yemen. The department said Americans who need...
The U.S. Embassy in Riyadh was hit by two drones from Iran on Monday as Americans in Saudi Arabia were instructed to shelter in place. The embassy was empty at the time of the hits and no injuries were reported as a result of the attack. On Tuesday, the embassy issued a security alert saying that the shelter in place order for Jeddah, Riyadh and Dhahran remained in effect, and it added that U.S. citizens...
A clip of former U.S. House Speaker Nancy Pelosi, D-Calif., has resurfaced online where she flatly defended the then-Obama administration’s decision to strike Libya — without the congressional authorization she believes President Donald Trump should have secured before conducting his own strikes over the weekend. ‘You’re saying that the president did not need authorization initially and still does not need any authorization from Congress on Libya?’ a reporter asked Pelosi at a press event back...
WACO, TEXAS — Two of this primary season’s fiercest rivals have one thing in common: unflinching support for President Donald Trump’s decision to strike Iran. Texas Attorney General Ken Paxton and Sen. John Cornyn, R-Texas, are both leaning into their relationship with Trump and their record of support over the years as they vie for the Republican nomination in Texas’ contentious Senate primary. While it’s a crowded primary, including Rep. Wesley Hunt, R-Texas, all eyes...
Expectations of further Bank of England base rate cuts this year have been thrown into doubt after escalating conflict in the Middle East triggered sharp rises in energy prices and government bond yields, raising fears of a fresh inflationary shock. Only a week ago, markets were confident that the Bank of England would cut rates again at its March meeting, with traders pricing in an 86 per cent probability of a 0.25 percentage point reduction....
Chancellor Rachel Reeves delivered her Spring Statement to the House of Commons under the shadow of escalating conflict in the Middle East and mounting fears of a renewed inflation shock driven by surging energy prices. In a speech lasting just over 20 minutes, Reeves stressed the importance of “stability in an increasingly uncertain world”, pointing to falling inflation and previous interest rate cuts as evidence that the cost-of-living squeeze on households is easing. However, beyond...
