As short sellers target traditional green stocks being hammered by inflation, an executive at the fund management arm

A mind-boggling video has shown people just how far down the deepest place on Earth is, and it is utterly terrifying. The jaw-dropping video came from a trailer for a film that features Titanic director James Cameron, who seems to have a thing about the deep ocean. In the documentary, Long Way Down: Mariana Trench for National Geographic, Cameron took part in what was called the Deepsea Challenge which saw him dive to the bottom of the Mariana Trench in the western Pacific Ocean. The Mariana Trench is some 7 miles down and is deeper than Mount Everest would be if it were pointing down into the Earth. The bottom of the trench is called the Challenger Deep and is the deepest point known on our planet. For the attempt, a submersible was built to withstand the pressure in the deepest part of the ocean and trailers for the documentary terrifyingly showed just how far down the trench is. The video revealed it took Cameron around 90 minutes to reach the bottom of the 7-mile deep trench. In a condensed 1-minute video summarising the descent, the clip continued to give facts about the ocean in a graphic. Sign up to our free Indy100 weekly newsletter Long Way Down: Mariana Trench | National Geographic www.youtube.com 90 per cent of all ocean life lives between the depths of 0 and 660ft. A depth of 800ft is the dive depth of a nuclear submarine. Continuing on from that, 1,044ft down is the deepest ever recorded scuba dive, while at 3,300ft the last trickle of sunlight begins to fade. As has been in the headlines recently following the implosion of the OceanGate submersible, the Titanic sits at a depth of 12,467ft – just over one-third of the depth of the Mariana Trench. At 36,070ft, the bottom of the Mariana Trench has been visited by only a handful of people, one of whom is Hamish Harding, the British billionaire who died onboard the Titan submersible in June 2023. Have your say in our news democracy. Click the upvote icon at the top of the page to help raise this article through the indy100 rankings.

A report says Meta Platforms is weighing a proposal that would charge Europeans almost $14 a month for ad-free versions of Instagram or Facebook, Ford and GM lay off an additional 500 workers amid the ongoing UAW strike, and Oddity Tech issues third-quarter guidance higher than initial forecasts.

Broadband customers could pay £150 more than they expected to over two years due to “unpredictable” mid-contract price rises, consumer group Which? has warned. Which? has called on regulator Ofcom to ban the practice altogether as it found that BT, EE, Plusnet, Shell Energy, TalkTalk and Vodafone customers could see increases of more than 8% on average in 2024 while Virgin Media customers could see rises of more than 10%, based on analysis of Bank of England inflation forecasts. Many of the biggest broadband firms – such as BT, EE, Plusnet, Shell Energy, TalkTalk, Virgin Media and Vodafone – raise prices every April in line with the Consumer Price Index (CPI) or the Retail Price Index (RPI) plus an additional 3%, 3.7% or 3.9%. Customers wanting to avoid these hikes can be charged punitive exit fees to leave their contract early. From working and school to online banking and social media, a good broadband and mobile connection is essential to everyday modern life Rocio Concho, Which? Based on average contract amounts from the Which? 2023 broadband survey; Virgin Media, BT and EE customers could see the biggest annual increases of £50.52, £43.68 and £43.68 respectively in the year from April 2024, the watchdog calculated. Shell Energy Broadband customers could see the smallest annual price hike of £27.16 on average. These hikes would come on top of the more than 14% mid-contract uplifts many consumers faced in 2023. Which? also calculated how much extra these two rounds of price hikes could cost a customer for each provider who took out a deal in January 2023 over the course of their 18 or 24-month contract. Based on average amounts from the Which? 2023 broadband survey, BT and EE customers who took out a contract in January 2023 could see some of the highest average price hikes of £147.43 and £147.31, while Vodafone and Plusnet customers could see rises of £122.38 and £117.87 respectively. TalkTalk customers could see a smaller hike of £76.09 on average over the course of shorter 18-month contracts. Shell Energy Broadband did not apply its 2023 inflation-linked price hikes of 12.5% to customers who joined from January to March 2023. However, if a Shell Energy customer joined before January 2023 then, based on average amounts from the 2023 broadband survey, they would pay an extra £45.27 a year from Spring 2023 to Spring 2024. Ofcom should also use their review to finally ban these unpredictable mid-contract price hikes that harm consumers and undermine competition Rocio Concho, Which? Virgin Media did not use inflation-linked price hikes in 2023 but some customers’ prices did increase by an average of 13.8% per cent due to ad hoc price rises, according to Which? According to Virgin Media, customers who signed up after November 2022 would not have faced the ad hoc price rise in Spring 2023. Those on a fixed-price promotional deal – like those offered to new customers – would also not have seen the price hikes take effect until after their deal ended. Which? argues that it is unfair for consumers to be signed up to deals that do not give them certainty about how much they can expect to pay over the course of their contract, and then face exit fees if they want to leave early. A survey by the group found that 78% of consumers believe that mid-contract price hikes are always unfair and that people overwhelmingly value pricing certainty for broadband contracts. Which? has launched The Right to Connect campaign calling for clearer and fairer pricing for telecoms customers and an end to unpredictable mid-contract price hikes. Ofcom is currently reviewing inflation-linked, mid-contract price rises and is due to publish its consultation in December. Rocio Concha, Which? director of policy and advocacy, said: “From working and school to online banking and social media, a good broadband and mobile connection is essential to everyday modern life. While we know that price changes are never welcome, against a backdrop of rising costs, increased usage and continued investment, we have openly and directly set out to customers that we are introducing inflation-linked price changes Virgin Media spokesman “That’s why it’s outrageous that unpredictable mid-contract price hikes have been allowed to continue in the telecoms industry for so long – especially when so many have been struggling to make ends meet during the cost-of-living crisis. Consumers must have certainty about the total cost of their contract. “Which? is calling on all providers to do the right thing and cancel 2024’s above inflation price hikes. “Ofcom should also use their review to finally ban these unpredictable mid-contract price hikes that harm consumers and undermine competition. “Consumers need to know exactly how much their contract will cost when they sign up.” We understand that price rises are never wanted nor welcomed but recognise them as a necessary thing to do given the rising costs our business faces BT spokesman A Virgin Media spokesman said: “We are always clear and transparent with customers about any price increases. We wrote directly to all customers who received a price rise this year to notify them of their exact increase, and gave them the right to cancel without penalty within 30 days if they wished. “While we know that price changes are never welcome, against a backdrop of rising costs, increased usage and continued investment, we have openly and directly set out to customers that we are introducing inflation-linked price changes from April next year. This widely used format will provide more certainty on when and how any future increases will occur while fuelling the investment required to ensure we keep providing the fast and reliable connectivity our customers rely on.” A BT Consumer spokeswoman said: “We understand that price rises are never wanted nor welcomed but recognise them as a necessary thing to do given the rising costs our business faces. “Our price rises are annual, contracted and transparent and we make this clear when customers sign up or renew their contract. With the average price increase just above £1 per week in 2023, and some of our customers exempt from the rise, we’re also doing all we can to ensure our services are accessible to the widest group of customers possible through our market leading social tariffs.” A TalkTalk spokesman said: “The preventable CPI-linked price rise in April 2023 was a direct result of Ofcom-regulated wholesale cost increases. In order to prevent the same thing happening next April, we are again calling on Ofcom to act and reduce the wholesale increases that lead to these price rises. “These are exceptional circumstances, and families and business across the UK need the regulator to act.” Read More Rise of AI chatbots ‘worrying’ after man urged to kill Queen, psychologist warns William hails ‘amazing’ eco-friendly start-up businesses Royal website subject to ‘denial of service attack’, royal source says TikTok finds and shuts down secret operation to stir up conflict in Ireland Spotify will not ban all AI-powered music, says boss of streaming giant Vehicle scam reports surged by 74% in the first half of 2023, says Lloyds Bank

The Cypriot energy minister says Cyprus and Israel are working on a deal to build a pipeline that will take natural gas from both countries to the eastern Mediterranean island nation, where it will be liquefied for export by ship to Europe and potentially elsewhere

Diablo 4 Helltide Mystery Chest map explained to help players traverse regions in Sanctuary and find the best loot possible.

By Dietrich Knauth NEW YORK Bankrupt crypto exchange FTX received U.S. court permission on Wednesday to liquidate cryptocurrency

PetroChina has acquired 100% of electric vehicle (EV) charging firm Potevio New Energy Co Ltd in the latest

By Sruthi Shankar and Medha Singh A "special rebalance" of the Nasdaq 100 index will take place later

At a closed-door Senate forum on artificial intelligence, tech leaders are getting their chance to outline their views about possible oversight legislation

A natural phenomenon consisting of polka-dot-style formations has been cropping up around the world, and scientists are baffled as to why. The circular-shaped patches of ground have been seen in deserts in Australia and Namibia but now experts believe they are more widespread than originally thought. Known as “fairy circles”, there are now 263 known sites across the globe where they can be found, according to new research published in the journal Proceedings of the National Academy of Sciences (PNAS). They have been documented in 15 countries, across three continents, including the Sahel region of Africa, Madagascar, and in Middle-West Asia. And yet, despite the spread of these anomalies, scientists are still none the wiser about how they actually form. A team led by environmental scientist Emilio Guirado, of the University of Alicante in Spain, explained in their paper on the "intriguing" phenomenon: “We conducted a global and systematic assessment of fairy circle-like vegetation patterns and discovered hundreds of [fairy-circle]-like locations on three continents. “Our study provides insights into the ecology and biogeography of these fascinating vegetation patterns and the first atlas of their global distribution.” The mysterious circles appear in desert regions and can be as wide as 12 metres (39 feet) in diameter. They are almost always spaced out and rarely connect or overlap with one another. Several theories have been put forward as to what causes them, including, tiny insects, termites, and plant toxins. But, none have been accompanied by any significant evidence and some have been debunked completely. One significant factor limiting their study is they are often found in places that are difficult to access and are inhospitable. Locating the 263 different sites of “fairy circles” involved analysing high-resolution satellite imagery. Guirado and his team wrote in their paper: “[The sites] include those already identified in Namibia and Western Australia, as well as areas never described before, including the Sahel, Western Sahara, Horn of Africa, Madagascar, Southwest Asia, or Central and Southwest Australia. “By doing so, our study provides a global atlas of areas showing FC-like vegetation patterns and expands the known existence of this vegetation type to new countries and continents.” The team hopes that locating new sites will enable them to find common traits that may point towards their cause. Sign up to our free Indy100 weekly newsletter Have your say in our news democracy. Click the upvote icon at the top of the page to help raise this article through the indy100 rankings.

FOUNTAIN VALLEY, Calif.--(BUSINESS WIRE)--Aug 14, 2023--