AI boom raises concerns about water consumption by Big Tech
Water cooling in data centres has increased dramatically for the world's largest technology companies, causing…
Yearly Archives
2024
US chipmaker Nvidia reaches $2tn in value amid artificial-intelligence boom
Nvidia, the US chipmaker, has a market capitalization of $2tn as it capitalizes on artificial intelligence boom.…
Please, no cheeze: UK proposals may force dairy substitutes to change their names
If "draconian rules" are imposed to stop shoppers from confusing plant-based dairy products with real dairy ones,…
Britishvolt owner facing £8m tax bill in Australia
The reputation of the Australian businessman accused of intentionally ignoring tax laws in Australia has been…
Rolls-Royce begins talks with partners about narrow-body jet engines
Summer holidays are just a few months away for millions of sun-starved Britons. Many Britons will be flying to…
HSBC is looking to give bonuses similar to those on Wall Street for bank…
HSBC has notified investors that it will be increasing the bonuses for its senior directors including Noel Quinn as…
Apple faces UK investor protest over rogue AI threat
Apple is being pressed by two of Britain's largest fund managers to provide more information about its ethical…
In a high-tax Britain, the middle-class favorites are first to go.
Harvey Jones is not likely to be able to provide you with a new, upscale kitchen for a long time. The Body Shop…
Exploring Pantheon Resources PLC Post-AGM Investor Presentation Highlights
On January 24th 2024 Pantheon Resources PLC held a post-AGM investor presentation, providing insights into their…
BAE Systems sales soar as global tensions increase
BAE Systems is expected to make a profit of £3 billion this year, as the wars in Ukraine and the Middle East are…
Heathrow forecasts record profits as Heathrow’s profits soar
Heathrow has finally returned to profitability and promises that it will transport more passengers in 2024 than…
Anglo American reduces dividend after falling commodity prices hit profits
Anglo American's net profit fell by 94 percent to $283 millions last year due to lower metal and diamond prices.…
Gymshark sales are up but profits have dropped
The sales of activewear brand Gymshark have increased by 20 percent compared to last year. This is ahead of the…
Britishvolt attracts new buyers
The administrators of the Britishvolt project, which was canceled due to financial problems, have stated that they…
Hargreaves Lansdown earns £132m in interest from customer accounts
Hargreaves Lansdown said it would reduce its interest share from the balances of customers to avoid a regulatory…
Japanese stocks surpass record highs set during 1980s boom
Japan's stock exchange reached its highest level ever, surpassing that of the late 1980s bubble economy and marking…
Lloyds set aside £450m to car loan inquiry
The scandal over mis-sold car finance is intensifying after Lloyds Banking Group put aside £450m to cover possible…
Profit margins double at high-flier Rolls-Royce
Rolls-Royce's turnaround has been hailed as the fastest in British corporate history.
Tufan Erginbilgic has been…