‘Horrifying’ Israel attack risks derailing global recovery, says Fed…
Hamas's "horrifying attack" on Israel , according to the head of the US Federal Reserve, could derail the…
Yearly Archives
2023
As Brexit tariffs kick in, electric car prices will increase by £3,400.
Brexit regulations that will come into effect next year will increase the price of electric vehicles (EVs) by…
BT will start selling refrigerators and coffee machines
BT will start selling kitchen appliances, such as smart refrigerators, kettles and espresso machines. The telecoms…
Treasury yields reach highest level since 2007. Fears of higher rates fuel the…
Treasury yields reached their highest level in over 16 years on Wednesday, as investors worried about the US…
Pension funds reject UK government’s push to invest £50bn into growth…
Pension funds have resisted a UK government initiative to invest up £50bn into projects and businesses to support…
CVC is preparing to launch its IPO as soon as next week
CVC, Europe's biggest private equity group, is set to announce that it will float its shares in Amsterdam by the…
It’s been three decades since Eurostar was a serious competitor
The Spanish startup, Evolyn, has revealed plans for a new service in the Channel Tunnel - it could be good news…
Netflix (NFLX) Raises US, UK, France Prices After Beating Subscriber Growth Est.
Netflix Inc. has raised prices for some US, UK, and French customers after achieving its best subscriber growth…
Amazon announces plans to deliver packages via drones in the UK and Italy
Amazon announced that it will begin delivering packages by drone in the UK and Italy for the first-time as part of…
PwC offers advice from bots in deal with OpenAI, a ChatGPT firm
PricewaterhouseCoopers LLP has teamed up with ChatGPT owner OpenAI to offer clients advice generated by artificial…
Bank rate-setter: Recession is imminent as the jobs market deteriorates
A Bank of England rate-setter warned that Britain was slipping into a recession as official data indicated…
Musk reduces Tesla Model 3 price in UK by £3,000
Tesla has reduced the price of the entry-level Model 3 in Britain, in an effort to increase demand for electric…
Staff shortages at The Dorchester Savoy
Staff shortages have slowed the recovery of two of London's finest hotels from the pandemic.
The Savoy Hotel and…
ExxonMobil’s $60 billion oil bet is a contrarian move.
Darren Woods, ExxonMobil's chief executive, has been arguing for years that oil and natural gas will continue to be…
Breakthrough Fund, backed by Bill Gates, targets third $1bn in capital raising
Breakthrough Energy Ventures, a company founded by Bill Gates and backed with $1 billion in investment capital, is…
Dutch plan to phase-out EU fossil fuel subsidies is criticized by airlines
Airlines have criticised the Dutch plan to phase out fossil fuel subsidies across Europe, saying that such a move…
Amigo, a UK subprime lender, plans to enter the music streaming market
Amigo Holdings, the ailing UK subprime lender currently winding down its business, is in talks over a move into the…
Starboard, an activist group, claims that the breakup of News Corp would release…
Starboard Value owns a stake in News Corp. It is pushing billionaire Rupert Murdoch, the owner of that company, to…