The ‘white hydrogen’ under our feet is a limitless source of energy…
A disruptive technology that comes out of nowhere every few years completely changes the future of global…
Yearly Archives
2023
How a £10 billion tax trade was untangled for a commodities house
When UK regulators fin ED&F Holdings over billions of dollars in illicit dividend-tax deals they focused on…
UK Grid will sell off unused coal stocks to help lower bills
The UK power grid operator is expecting to be able reimburse consumers for the sale of emergency stockpiles of coal…
BOE says 4 million households will see a rise in mortgage costs
The Bank of England has warned that mortgage costs will rise sharply for 4 million households, with an average…
RBS debt collector uses voice-changing software for mimicking customers
The UK's data regulator discovered that a Royal Bank of Scotland supplier had used voice-changing technology to…
Lars Windhorst, a billionaire financier who is indebted, denies he lives a…
German financier Lars Windhorst denied living a “billionaire lifestyle” while large debts remain unpaid to…
US money market funds will be charged fees to discourage a repeat of a “dash…
US money market funds avoided the threat of swing pricing on Wednesday, after regulators chose to impose mandatory…
Lina Khan, FTC Chairperson, suffers a setback after the Microsoft-Activision…
The US Federal Trade Commission was dealt a major setback when a California federal judge rejected its request to…
Gupta, a metals tycoon, claims Trafigura “devised” a $590mn nickel…
In his defense, Prateek Gupta - the businessman Trafigura accuses of being the mastermind behind a $590mn Nickel…
Elon Musk launches xAI to challenge ChatGPT’s dominance
Elon Musk launched xAI - an artificial intelligence firm - to compete with Sam Altman's OpenAI. The company aims to…
Sunak to support 6% wage increase for public sector employees
Rishi Sunak will likely announce on Thursday that he supports a pay increase of approximately 6 percent for the…
US inflation falls to a two-year low, increasing pressure on Bailey to lower…
Last month, US inflation dropped to its lowest level for more than two-years. This increased pressure on Andrew…
Vegans fight to be able to call non-dairy dairy products’mylk.’
Vegan campaigners, who are fighting a possible clampdown on the way their products are described, have stated that…
Carlsberg reduces alcohol in beer before duty increases
Carlsberg has made its beer weaker in order to save money, as the government prepares to increase alcohol taxes…
UK seeks to improve employer access to pension surpluses
As part of a wider plan to stimulate economic growth, the government is looking at ways to make it easier to access…
UK mortgage costs pass mini-Budget highs
As a result of interest rate hikes, banks and building societies have increased the cost of mortgages with a…
UK plans to lift ban on naked short-selling in gilt market
The UK proposes to scrap EU restrictions against short-selling sovereign bonds. It argues that allowing hedge funds…
Nuclear fission start-up backed by Sam Altman to go public
The CEO of OpenAI, who is the founder and backer of a nuclear fission startup backed by Sam Altman, will merge the…