Jeremy Hunt is betting on creating a ‘British Microsoft” worth $1tn
Jeremy Hunt said that the UK could create a $1tn domestic tech giant to compete with Microsoft or Google. He…
Monthly Archives
May 2024
Apollo and Intel discuss financing an $11bn chip factory in Ireland
US semiconductor giant Intel entered exclusive discussions with Apollo Global for the financing of an $11bn…
Pret owner plans major expansion outside of coffee and sandwich sectors
After a difficult period for the food and beverage division, Pret A Manger's owner plans to increase its push into…
After Macron’s charm offensive, UK pharmaceutical giants commit £430m to…
After Emmanuel Macron's charm offensive, the two largest pharmaceutical companies in Britain have committed £430m…
BT increases AI usage to combat hacking threats for business customers
BT said that it uses artificial intelligence more to detect and neutralise cyber threats targeting businesses.…
SoftBank, the owner of Arm, reports a profit of £1.2bn as it shifts to AI
SoftBank, a Japanese tech investor, made a profit in the second quarter of '18. It is trying to improve its…
Are mortgages with a 25-year term in the UK a thing of past?
The traditional UK mortgage term is 25 years. However, with the escalating house prices, and now dramatically…
The Council has changed the rules to allow investments in a ‘junk…
A council under scrutiny for a series of disastrous investments altered its rules to allow it to invest in the…
GameStop shares soar as ‘Roaring’ Kitty returns
The shares of the video game retailer GameStop nearly doubled on Monday when the day trader linked to the meme…
Anglo American rejects BHP’s revised £34bn Offer
The FTSE 100 mining company rejected a sweetened £34 billion bid from BHP to acquire its Anglo American rival as…
Retatrutide, a new drug that outperforms Ozempic, helps people to lose a quarter…
The new weight-loss jab outperforms its competitors, including Ozempic. It helps obese patients lose four stone in…
Shein’s listing plan of £53bn is a boost for London
The fast-fashion retailer Shein has accelerated its plans to float a record breaking in London.
Reports claim…
Alibaba uses cloud services to become the leading AI investor of China
Alibaba is leveraging its cloud computing infrastructure in order to become the leading investor for China's…
Newspapers warn Apple about ad blocking plans
Apple has been warned by British newspaper groups that imposing a "web eraser", a tool used to block ads, would…
Grant Thornton to Earn £46mn For Greensill Administration
Grant Thornton expects to earn £46mn from the administration of Greensill Capital. This is one of the costliest…
The Red Sea Crisis continues to put pressure on consumer prices
The first footage of Houthi Rebels hijacking cargo ship Galaxy Leader on the Red Sea in November last year sent…
Japan’s national beverage, Sake, is now a popular drink in the UK
In 2019, when sommelier Erika Haig opened the UK's very first independent sake bar in London's West End, passers-by…
Capital Group purchases more than £110m worth of NatWest shares following UK…
After a significant cut in government shareholding, a leading US investor began to pour cash into NatWest after…