Axel Springer signs deal with OpenAI for ChatGPT to read its stories
Germany's largest news publisher, Axel Springer, has made a groundbreaking agreement with OpenAI, granting them…
Yearly Archives
2023
Cohort, a British defence company, has seen its sales increase as a result of the…
Cohort is facing a backlog of orders worth £353.9m after a surge in demand
The rising tensions between China,…
UK ministers are unable to prove that £259bn spent on procurement was wisely spent
According to a cross-party group, the UK government was unable to prove that taxpayers received value for money on…
UK economy unexpectedly shrinks in October
According to data released just before the Bank of England’s final rate setting meeting of the year, the UK economy…
Vivendi floated a plan to split up
The French media conglomerate Vivendi has proposed splitting into three separate businesses, which would be listed…
Federal Reserve signals rate cuts for 2024, sparking a market rally
Federal Reserve chair Jay Powell sent his clearest signal yet on Wednesday that the US central bank was done with…
Subsea project to transport renewable energy from Scotland to England is awarded…
The contract for the 190km superhighway will cost £1.8bn. It is designed to transport renewable energy from…
AstraZeneca acquires US vaccine company for $1.1bn
AstraZeneca has acquired its first vaccine company for $1.1bn. This will allow the company to expand its vaccine…
Why high interest rates can be a blessing for certain British businesses
The bond markets are getting ahead of themselves by anticipating a sharp fall in the Bank Rate for next year.…
FirstGroup, the UK’s largest train operator, faces a £1bn loss under…
A broker in the City stated that the UK's biggest rail operator could suffer a £1bn loss in revenue due to Labour's…
Thames Water boss admits that the company doesn’t have sufficient money to…
The boss of Thames Water, a struggling utility company, has admitted that the company does not have the money to…
Walgreen, Boots’ owner, explores London listing for high-street chain
Boots, the US-owned high street pharmacy chain, is considering a £7bn UK IPO. This could give London's struggling…
Business lobby group warns of ‘anti-growth climate’ in the UK
The head of a British business lobby group warned that a lack of workers had contributed to 'anti-growth…
UK companies in China view 2024 as pivotal for investment
The British Chamber of Commerce stated on Tuesday that UK businesses in China view 2024 as "a pivotal year" where…
The rise in US core inflation highlights persistent price pressures
US core inflation increased last month. This supports the argument of the US Federal Reserve, that interest rates…
Netflix releases viewing statistics for its entire catalog for the first-ever time
Netflix, which has long been criticised for its lack of transparency regarding how films and shows perform on their…
Macy’s offers $5.8bn in buyouts that could remove it from the stock market
Macy's, a department store chain in the US, is the subject of an offer of $5.8bn. (£4.6bn). This would mean that…
EU sets strict limits on the use of AI-biometric surveillance by police
It has been revealed that in most cases, police and national security agencies in the EU are not allowed to use…