Uber shares fall as legal costs hit bottom line
Uber's operating income was less than a quarter what Wall Street expected.
The ride-hailing company reported…
Yearly Archives
2024
UK Motor Trade Cuts Sales Forecasts for Electric Cars
Private motorists are continuing to avoid the zero-emission car market.
At the beginning of the year, the…
Shell sells Singapore assets
Shell sold off its remaining chemical assets at Singapore as part of a recent effort to streamline operations and…
Google DeepMind releases AI model of living cells
Google DeepMind unveiled a model of artificial intelligence that explains the interactions of cells and life's…
Paul Marshall, the hedge fund manager who lost a case over silver from a shipwreck
A company controlled Sir Paul Marshall, a hedge fund manager, lost a court battle with the South African Government…
Apple’s latest iPads feature a ‘powerful chip for AI.’
Apple's new iPads feature what the company calls "an insanely powerful chip for AI", a sign of its growing focus on…
Saudi Aramco spends £100bn on crown prince’s desert Mirror City
Saudi Arabia's state owned oil giant, the Saudi Arabian Oil Company (SAOC), is planning to spend almost £100bn on…
How pension funds made student housing a money-making machine
Buy-to-let is doomed by purpose-built flats for Gen Z
The crumbling walls, dirt-coated appliances and crumbling…
Disney will cut Marvel film and TV production amid superhero fatigue
Disney is cutting production of Marvel movies and TV shows amid fears that the demand for their work will be…
The global debt has reached a new record high, causing a blow to the world economy
The global debt reached a record $315 trillion ($250 trillion), as China and India continued to borrow despite…
AstraZeneca pulls Covid vaccine months after admitting to rare side effects
The company says the decision was made purely for commercial reasons, as alternatives to jab have been developed.…
Scientists claim to have discovered a new form of Alzheimer’s disease.
Scientists have discovered a new genetic variant of Alzheimer's that highlights the need for specialised treatments…
EU and France push Xi to achieve more balanced trade relations with China
Emmanuel Macron, Ursula von der Leyen and others warned Xi Jinping that in order to rebalance the trade…
Airline pays £53m for selling tickets on cancelled flights
Qantas will pay A$100m (£53m) in penalties and A$20m to passengers as compensation for a legal dispute over the…
Banco Sabadell rejects BBVA’s €12 billion takeover bid
Banco Sabadell, a Spanish lender, has rejected BBVA's €12bn bid for its takeover. The proposed deal is…
Think-tank warns that obesity and low productivity are linked in the UK
According to a new report, millions of obese people cannot work or are less efficient. This condition may explain…
Port Talbot can be re-energized by floating offshore wind farms
A 40mph wind blows in Port Talbot on a sunny day, causing white horses to froth in the bay. Offshore wind turbines…
Heineken will upgrade hundreds of pubs for £39m
Heineken invests £39 million in the UK to upgrade and reopen more than 600 pubs that have been closed for a long…