A year after it rebranded itself in the name of building a metaverse, Meta on Tuesday unveiled a new version of its virtual reality headset tailored for working professionals.. Facebook renamed itself Meta in October 2021 to signal a pivot to building its vision for an interactive virtual and augmented reality world that it sees as the future.
Manchester United owners the Glazer family do not want to sell the Premier League club, according to British billionaire Jim Ratcliffe.. "Manchester United is owned by the Glazer family, whom I have met," Ratcliffe said at Financial Times Live conference on Tuesday.
A California law aimed at reducing animal suffering on pig farms led to some unusual exchanges Tuesday in the US Supreme Court.. Following a grassroots referendum, California passed an animal welfare measure in 2018 that bans the sale of pork from pigs that were raised in overly confined spaces.
US Treasury Secretary Janet Yellen on Tuesday called on American allies to accelerate financial disbursements to Ukraine.. "We are calling on our partners and allies to join us by swiftly disbursing their existing commitments to Ukraine and by stepping up in doing more," Yellen said as she received her Ukrainian counterpart, Sergii Marchenko.
Bank of England chief Andrew Bailey said Tuesday bond investors have "three days left" until the British central bank phases out emergency bond-buying efforts.. The statement was a reiteration of the timetable on the emergency program, which was expanded earlier Tuesday by the central bank in the latest in a series of responses to upheaval in financial markers.
President Joe Biden is to "re-evaluate" the US relationship with Riyadh, the White House said Tuesday, after a Saudi-led coalition of oil-producing nations sided with Russia to slash output.. The 13-nation OPEC cartel and its 10 allies headed by Moscow angered the White House last week with its decision to reduce output by two million barrels a day from November -- raising fears that oil prices could soar.
Global growth is expected to slow further next year, the IMF said Tuesday, downgrading its forecasts as countries grapple with the fallout from Russia's invasion of Ukraine, spiraling cost-of-living and economic downturns.. US economic growth for this year is now pegged at 1.6 percent, 0.7 points below the fund's July forecast, due to an "unexpected real GDP contraction in the second quarter," the IMF said.
Climate change risks undermining global energy security unless the use of renewables is dramatically scaled up, the UN warned Tuesday, suggesting the Ukraine conflict's ripple effects could speed up the green transition.. Taalas acknowledged this could be the case in the short term, but said the war was demonstrating the dangers of dependence on unreliable energy sources, and would surely speed up the green transition.
The French government on Tuesday threatened to forcibly break blockades of refineries and oil depots, which have been paralysed by striking workers, as motorists continued to besiege petrol stations in the hope of filling their tanks.. Government ministers and President Emmanuel Macron have urged a negotiated resolution to the crisis, but on Tuesday government spokesman Olivier Veran threatened force to end the blockades which have paralysed several of France's refineries and oil depots.
While people across Europe are being urged to save energy this coming winter to avert power shortages, Switzerland's Bavona Valley is unfazed, having never been plugged into the power network.. Bringing power down into the valley would have required transformers, but "the people here didn't have the money for that," he told AFP. Only the last hamlet at the very top of the valley could afford this luxury.
