Tech Giants Face Correction Amid AI Boom Doubts and Mixed Quarterly Results
The magnificent seven, a group of technology stocks that has dominated the US stock market, has experienced a tough…
Yearly Archives
2024
Rolls-Royce Poised to Sell Stake in Mini-Nuclear Power Stations Venture
As the race to deploy small modular reactor (SMR) technology in Britain intensifies, Rolls-Royce finds itself at…
NHS Approves Ground-Breaking At-Home Blood Cancer Treatment
In a significant development for blood cancer patients in England, the NHS has announced the approval of…
Warren Buffett’s Berkshire Hathaway Sells Significant Apple Stake, Increases…
In a surprising move, Warren Buffett's Berkshire Hathaway has sold off a substantial portion of its Apple shares…
HMRC’s Flagship Innovation Scheme Loses £4bn to Fraud and Error
In a shocking revelation, it has come to light that the UK government's flagship scheme to promote research and…
UK’s First Paediatric Robotic Surgery Paves Way for Minimally Invasive…
In a groundbreaking medical development, a seven-year-old boy from Gosport, Hampshire, has become the first patient…
British Airways pays first dividends since pandemic
British Airways, the owner of British Airways, will pay its shareholders a dividend for the first since the…
Intel reduces 15,000 jobs to catch up with AI chips
Intel plans to cut 15,000 positions as it attempts a revival of its manufacturing operations that have fallen…
David Beckham’s esports team battles for survival
David Beckham's gaming group is fighting for its survival, less than four year after it joined the London Stock…
The UK economy’s growth rate has been upgraded, but it falls short of…
After the Bank of England lowered rates for the first in over four years, the pound and FTSE 100 both fell…
Apple beats Wall Street forecasts despite iPhone slide
Apple exceeded Wall Street's expectations in the fourth quarter, as a rise in demand for iPads and Macbooks…
EU demands better relations with UK
Brussels warned the UK that it must implement the existing Brexit agreements regarding Northern Ireland, and the…
Southern Spain cracks down on Airbnb style holiday rentals
In response to the growing backlash against mass tourism, Spain's Valencia region in the south has joined a growing…
Carpetright is unlikely to repay the majority of its £345m in debts
Carpetright collapsed in debts worth almost £345m. More than half are owed by customers, suppliers and landlords,…
Shares of Arm Holdings, a chip designer, have fallen 39% in value but revenue has…
Chip designer Arm Holdings on Wednesday reported a stronger-than-expected 39% surge in quarterly revenue, and…
Boeing names Robert ‘Kelly’ Ortberg new President and CEO
Boeing named aerospace industry veteran Robert "Kelly" Ortberg its new President and CEO, as it fights to repair…
Shell profits increase to $6.3bn during the second quarter
Shell, a London-listed competitor of BP, has reported better-than-expected profits and extended its multi-billion…
UK house prices are rising at the fastest rate since 2022
The housing market is "relatively stable" despite the fact that many people still struggle to buy their first home.…