UK's Rosebank Industries in talks to buy US-based ECI for less than $1.9 billion
June 2 (Reuters) - British investment firm Rosebank Industries (ROSE.L), opens new tab said on Monday it is in talks to buy U.S.-based Electrical Components International, which makes wire harnesses, for less than $1.9 billion.
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Daily Mail
23 minutes ago
- Daily Mail
EuroMillions jackpot rolls over AGAIN: One ticketholder could now land an eye-watering £208MILLION in Friday's draw
One lucky ticket-holder could bag the biggest lottery win the UK has ever seen if they scoop the top prize in Friday's record EuroMillions draw. The jackpot has rolled over again after Tuesday's £199million draw, which would also have been a record-breaking amount, had no winners. There is now an eye-watering £208million up for grabs - which would see the winner pip the likes of Harry Styles and Rory McIlroy on the wealth scale. Andy Carter, Senior Winners' Adviser at Allwyn, said: 'We are now on the verge of potentially creating the biggest National Lottery winner this country has ever seen. '[It would make] a single UK winner instantly richer than the likes of Adele and Dua Lipa while also landing them at the number one spot on The National Lottery's biggest wins list.' An anonymous UK ticket holder won the existing record jackpot of £195 million on July 19 2022, while just two months earlier, Joe and Jess Thwaite, from Gloucester, won £184,262,899 with a Lucky Dip ticket for the draw on May 10 2022. The UK's third biggest win came after an anonymous ticket-holder scooped the £177 million jackpot in the draw on November 26 last year, while the biggest this year was £83 million in January. MailOnline reported last month that a grieving son found his mother's winning lottery ticket three days after she had died. Liam Carter, 34, found the EuroMillions ticket folded inside an envelope, which his mother Anne and avid lottery player had heartbreakingly scrawled on the front 'Sat draw - don't forget!'. She died on April 16, aged 67, just two days before her winning numbers came up having played every week and 'never winning anything big in her life'. Mr Carter, originally from Hampshire but now living in Aberdeen, discovered the folded envelope inside her kitchen drawer, where his loving mother usually kept her tickets. It meant Anne had won a payout of £18,403. Mr Carter had almost ignored the ticket but said 'something told me to check'. 'I scanned it using the National Lottery app, and it said it was a winning ticket — but I'd have to call the lottery line,' he added He phoned the line last Saturday and 'just froze' when he was told of how much the winning ticket was worth. Mr Carter said: 'I must've gone quiet on the phone. It didn't feel real. She never won anything big in her life — and now this.' He added: 'She always said if she ever won, the money would be for me,' he said. 'And even though she never knew about this win, it really felt like something she left behind for me. Like one final gift.' He plans to use the money towards a deposit on a flat, something he says his mother always wanted him to achieve. 'She always said if she ever won, the money would be for me,' he said. 'And even though she never knew about this win, it really felt like something she left behind for me. Like one final gift.' The ticket had matched five main numbers — 20, 27, 35, 39 and 48 — just missing the two Lucky Stars, 03 and 08.
Reuters
26 minutes ago
- Reuters
Wind opponents sue Trump administration to block New York wind project
June 3 (Reuters) - Fishing companies and offshore wind opponents filed a lawsuit on Tuesday challenging the Trump administration's decision to reverse course and allow construction to resume on Empire Wind, a $5 billion wind farm project off New York's coast. Protect Our Coast New Jersey, Clean Ocean Action, ACK for Whales and 12 fishing industry participants in a lawsuit, opens new tab filed in federal court in Trenton, New Jersey, sought to reinstate a stop work order Interior Secretary Doug Burgum issued in April halting construction of Equinor's ( opens new tab wind project. Burgum issued that order after Republican President Donald Trump on his first day back in office on January 20 directed his administration to halt offshore wind lease sales and stop the issuance of permits, leases and loans for both onshore and offshore wind projects. He did so while also moving to ramp up the federal government's support for the fossil fuel industry and maximize output in the United States. Trump as a candidate last year promised to end the offshore wind industry. But weeks after Burgum signed the stop-work order, the administration in a turnabout on May 19 allowed work to resume on Empire Wind, which is being developed by Norway's Equinor and is expected to provide power for half a million homes from 2027 onward. The administration did so in a compromise with New York that could also see canceled plans for a gas pipeline revived. Burgum said he was encouraged that New York Governor Kathy Hochul will now allow new gas pipeline capacity to move forward. Tuesday's lawsuit argued that the U.S. Bureau of Ocean Energy Management did not adhere to the requirements of the Administrative Procedure Act by failing to provide a basis for restoring the work permits. Bruce Afran, the plaintiffs' lawyer, said the administration had properly recognized the lack of investigation about serious environmental harm from Equinor's project. "The administration correctly pulled the Empire Wind work permit because of these concerns and had no basis to reinstate the work orders a month later," he said in a statement. "This lawsuit seeks to restore the stop work order." Equinor declined to comment on the lawsuit itself but in a statement said the project "has undergone years of rigorous permitting and studies, and secured all necessary federal, state and local approvals to begin construction in 2024." The agency did not respond to a request for comment.
The Independent
27 minutes ago
- The Independent
RAF chief set to be new head of armed forces
The head of the RAF is set to be appointed as the new chief of the British armed forces, according to reports. Air Chief Marshal Sir Richard Knighton is thought to be in line to be the next Chief of Defence Staff. The position is currently held by Admiral Sir Tony Radakin, who has been in the role since 2021. According to his biography on the Government website, Sir Richard joined the RAF in 1989 as a university cadet, and served as deputy chief of the defence staff from 2019 to 2022. The appointment comes as the Government has pledged to increase defence spending in the UK to 2.5% of gross domestic product on defence from April 2027, with a goal of increasing that to 3% over the next parliament, a timetable which could stretch to 2034. The Ministry of Defence said: 'This is speculation. The appointment process is ongoing and any announcement will be made in the usual way.'
