The cost of borrowing is causing global debt to reach record levels
The global debt reached a new record of $313 trillion, or £248 trillion. This is due to higher interest rates that…
Author
admin 2416 posts 0 comments
Dominic Raab warns that China could push up UK energy prices further.
Dominic Raab warned that unless Western governments are able to break China's stranglehold on critical minerals…
Rio Tinto faces rising costs
Rio Tinto warned that costs at its iron ore mine would rise more than expected this year due to wage and part…
BT Tower to become hotel: London landmark
The architect for the Post Office Tower, who was worried that his building would be deemed ugly by people, was…
Long Covid indicator found to be an important anti-viral protein
Scientists have found a link between high levels of antiviral proteins and long Covid. This will help to improve…
Intel will manufacture chips for Microsoft, as AI drives demand
The companies have announced that Intel, a US chip manufacturer, will produce high-end semiconductors exclusively…
HSBC shares have fallen the most since 2020 as profits plunged 80%
HSBC shares fell to their lowest level since 2020, after the bank announced a 80% drop in its quarterly profit. It…
Nvidia declares AI ‘tipping point’ as quarterly revenues jump 265%
Nvidia's shares surged on Wednesday night, after the company announced a 265 percent increase in quarterly revenues…
Monzo’s new funding round targets £4bn valuation
Monzo, the British digital bank, is close to a new funding round that will value it at around £4bn. This would be a…
The government gives another £8 million to the electric flying taxi company
Vertical Aerospace in Britain, the pioneer of flying taxis, has received another £8m from the government. This…
Currys’ largest investor warns of UK Stock Market Decline
Currys' top investor cautioned that international companies will start looking closely at London businesses,…
Bank of England could begin cutting rates even before it reaches 2% inflation…
The Bank of England's governor, Mark Carney, stated that the bank might start lowering interest rates before…
Walmart adds Vizio in its advertising basket
Walmart will buy Vizio for $2.3 billion. This comes after surpassing sales expectations and announcing the largest…
Superdry Sale: Talks start
A US investment firm has started talks about a possible takeover of Superdry. The struggling high-street fashion…
Alliance Trust is on a roll thanks to the technology stocks boom
Alliance Trust raised its yearly dividend for the 57th consecutive year due to improved investments in the…
National Express owner detained by German rail company
National Express' owner had to postpone the release of the company's annual accounts because the auditor needs…
The Body Shop will close half of its UK stores
The Body Shop will close nearly half of its 198 stores in the UK. Its head office staffing will be reduced…
Barclays returns 10 billion pounds to its shareholders for betting on Britain
Barclays' chief executive has revealed a plan for reviving the bank's share price, which is currently in decline.…