Business Sequoia’s Indian former arm benefits from investors who move money out of… admin Apr 2, 2024 The former head of Sequoia Capital’s India unit said that the country was getting a “huge” boost as investors moved…
Defence industry Rheinmetall Chief urges Europe to develop defence technology champions admin Apr 2, 2024 The head of Germany's biggest military contractor Rheinmetall has called on European countries to abandon their…
Mining How Gulf States are investing their money in mining admin Apr 2, 2024 In 2023, Rothschild Bankers who worked for the Zambian government were nearing completion of a shortlist for buyers…
Business Hong Kong’s port is losing ground as exporters shift to mainland China admin Apr 2, 2024 Hong Kong is losing out to competitors in south-east Asia and mainland China in terms of seaborne cargo volume.…
Artificial intelligence Demis Hassabis, DeepMind CEO, warns that huge AI funding can lead to grifting and… admin Apr 2, 2024 According to Sir Demis Hassabis of DeepMind, the surge in money flowing into artificial intelligence is creating a…
Artificial intelligence Report: AI “apocalypse” could cost UK jobs of 8m. admin Mar 28, 2024 A report warns that automation could lead to the loss of 8 million UK jobs. This is a "jobs-apocalypse" for women,…
Companies Why Ocado could become a tech giant if it is listed in New York admin Mar 28, 2024 If the grocery store can break free from its UK roots, a lucrative future awaits. Tim Steiner, Ocado's chief…
Companies Morrisons’ losses mount amid debt finance pressures admin Mar 28, 2024 Morrisons reported widening losses for the first quarter, after being weighed down with debt financing costs…
Oil and Gas IFS warns that Scotland will face a much larger deficit than the rest of the UK as… admin Mar 28, 2024 IFS warns that the decline in North Sea revenue will cause a shortfall of up to £4,100 per person. The…
Shares Short sellers flock to Fortnox, a Swedish software company that is on the rise. admin Mar 28, 2024 Tommy Eklund, Fortnox's CEO, has redefined the technology industry in a way that few other chief executives have.…
Banking Bank of England warns that private equity binge could trigger financial crisis admin Mar 28, 2024 The Bank of England warned that the private equity industry poses a threat to financial stability, as it launched a…
Banking UBS sells $8bn in loans to Apollo admin Mar 28, 2024 UBS agreed to sell loans worth $8bn to private capital group Apollo as it wind down its investment bank related to…
Business Formula One owner closes on €4bn MotoGP deal admin Mar 28, 2024 According to sources familiar with the situation, Formula One owner Liberty Media has exclusive negotiations to…
Companies Baltimore Bridge collapse: Carmakers and insurance companies prepare for the… admin Mar 28, 2024 After the collapse of the Francis Scott Key Bridge in Baltimore, carmakers have announced that they will be…
Shares Shein is close to announcing London IPO reports admin Mar 27, 2024 Shein will announce in the next few days that the London Stock Exchange is the destination of its initial public…
Jobs and employment Tata will ‘continue to lose jobs in Port Talbot even with Labour subsidy. admin Mar 27, 2024 Sources close to Tata Steel have stated that the company would continue to cut thousands of jobs at its Port Talbot…
EU EU investigates Apple and Alphabet owner Alphabet, Meta, under the new tech law admin Mar 27, 2024 Apple, Google parent company Meta and Google are all being investigated by EU authorities for possible breaches of…
Economy Focusing on consumers can give China an extra $3.5trn. admin Mar 27, 2024 The International Monetary Fund said that China's economy could grow by $3.5 trillion over the next 15 year if its…