Tag: plunges
Value of Mirror publisher Reach plunges 25% after it warns of profit squeeze
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The value of the publisher of the Daily Mirror and Daily Express newspapers plunged by a quarter on Tuesday after it warned that inflationary pressure and soaring newsprint costs would hit profits this year. The Londo...
Russia’s central bank doubles interest rates after rouble plunges
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Russia’s central bank has more than doubled interest rates to 20%, and banned foreigners from selling local securities, in a bid to protect its currency and economy in the face of international sanctions over the inva...
Sink or swim: Macquarie plunges back into crisis-hit UK water industry
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The UK’s water industry has for years promised to clean up its reputation for pollution incidents, leaks and murky financial dealings. Yet once again, it is hoping for a clean start. In total, water companies spilled ...
Azeem Rafiq’s testimony on racism plunges English cricket into crisis
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English cricket has descended into crisis after Azeem Rafiq’s powerful testimony laid bare its institutional failings on racism, bullying and dressing room culture while also alleging a past drugs cover-up by Yorkshir...
Jacinda Ardern’s popularity plunges as New Zealand reckons with new era of endemic Covid
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Prime minister Jacinda Ardern’s popularity has plummeted in two new polls, as New Zealand struggles to contain a Delta outbreak and transitions to a new era of endemic Covid. The Ardern-led Labour party dropped five p...
New York air quality plunges as haze from west coast wildfires shrouds city
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New York City has been enveloped in the worst air quality in the world as cities across the eastern US were shrouded in smoke from wildfires raging several thousand miles away on the country’s west coast. State offici...
‘Killing spree’: Wisconsin’s wolf population plunges after protections removed
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As many as one-third of Wisconsin’s gray wolves probably died at the hands of humans in the months after the federal government announced it was ending legal protections, according to a study released on Monday. Poach...