Intel Records Massive 187 Billion Dollar Restructuring and Asset Impairment…
Intel has unveiled an extensive restructuring programme, announcing $18.7bn in charges as the technology giant aims…
Yearly Archives
2024
Apple Shares Dip Despite Strong Earnings as AI Features Begin Global Rollout
Apple's shares experienced a 1.9 per cent decline in after-hours trading following a cautious outlook for the…
Barclays CEO Backs Reeves Despite Business Leaders Concerns Over Budget Tax…
The chief executive of Barclays, CS Venkatakrishnan, has mounted a strong defence of Rachel Reeves' tax-raising…
UK Government Borrowing Costs Surge to Year High as Labour Budget Triggers Market…
British government bonds faced intense selling pressure on Thursday, driving borrowing costs to their peak levels…
GSK Maintains Annual Forecast Despite Vaccine Division Setback as New Drug…
British pharmaceutical giant GSK has held firm on its annual group forecasts despite experiencing a decline in…
Land Rover and Range Rover Report Surge in Hybrid Sales Amid Electric Vehicle…
The automotive industry is witnessing a significant shift in consumer behaviour as JLR, the West Midlands-based…
Aston Martin Burns Through 1 Million Pounds Daily as Production Targets Fall Short
British luxury automaker Aston Martin Lagonda continues to face significant operational challenges, with the…
Microsoft Quarterly Profits Soar as AI Investment Strategy Delivers Strong Returns
Microsoft's substantial investment in artificial intelligence technology has yielded impressive returns, with…
Labour Budget 2024 Delivers Historic Tax Overhaul and Economic Reforms
In a landmark fiscal announcement, Labour's Chancellor Rachel Reeves has unveiled a transformative budget featuring…
Groundbreaking Three Drug Treatment for Advanced Breast Cancer Doubles Patient…
A revolutionary combination of three drugs has demonstrated remarkable success in doubling survival times for…
Starbucks New CEO Unveils Bold Strategy to Revitalise Coffee Chain Performance
In a decisive move to counter declining customer traffic, Starbucks' newly appointed CEO Brian Niccol has revealed…
Chinese Sanctions Force US Drone Manufacturer to Scramble for New Suppliers as…
A significant supply chain crisis has struck Skydio, the largest drone manufacturer in the United States and a…
Meta Accelerates AI Investment Plans as Quarterly Profits Soar Past Expectations
Meta's substantial investments in artificial intelligence are demonstrating "strong momentum" according to Mark…
Microsoft Share Price Dips Despite Cloud and AI Revenue Surge in Q1 2023
Microsoft's shares declined 3.8% in after-hours trading despite reporting substantial quarterly gains, as warnings…
UK Plant Based Milk Producer Rude Health Acquired by Finnish Giant Oddlygood in…
British alternative milk manufacturer Rude Health has been acquired by Finnish food company Oddlygood, a spin-off…
Elon Musks xAI Seeks £40bn Valuation in Latest Funding Drive
Elon Musk's artificial intelligence venture, xAI, has initiated discussions with potential investors for a…
Bitcoin Surges Past £72000 As Markets Price In Trump Victory Prospects
Bitcoin has climbed to remarkable heights, reaching £72,784.40 in New York trading on Tuesday, marking a six-month…
Car Finance Industry Grinds to Halt as Court Ruling Sparks Crisis
Major car finance companies have suspended lending operations following a groundbreaking Appeal Court ruling,…