Social media IBM pulls ads from X following report that they were next to Nazi content admin Nov 17, 2023 IBM announced that it had pulled its global advertising campaign from Elon Musk’s X after a report revealed that…
Oil and Gas Oil drops to lowest level since August ahead of Opec+ Meeting admin Nov 17, 2023 The oil prices fell to their lowest level since early July, forcing the Opec+ major oil producers group to…
Tech Scientists say a breakthrough in weather forecasting could be revolutionary admin Nov 16, 2023 Creators of the new technology say it could revolutionise forecasting. Google Deepmind's new technology allows…
Property British Land loses £200m in property due to rising interest rates admin Nov 16, 2023 The property company British Land has seen its profits soar as a result of the rising rental rates, and the demand…
Fraud office HP filed a filing disputing that Lynch fraud was behind the $5bn Autonomy… admin Nov 16, 2023 Hewlett-Packard and its auditors disputed whether a $5bn (£4bn), write-down in the value of software firm Autonomy,…
Banking The Cassandra’s warning: Central banks are driving economies off a cliff admin Nov 16, 2023 The scale of the interest rate hikes has not yet been fully felt, so optimism may be short lived. The…
Digital market Silicon Valley gets a boost as tech giants are granted the power to appeal fines admin Nov 16, 2023 After intense lobbying by Silicon Valley, ministers have weakened their powers to impose massive fines on tech…
Economy Hunt’s £10bn tax cut headroom at Autumn Statement is a significant amount,… admin Nov 16, 2023 JP Morgan says that Jeremy Hunt can cut taxes by up to £10bn in the Autumn Statement next week, as the outlook…
EU The food industry wants more time for the EU to implement its deforestation… admin Nov 16, 2023 Food industry officials say they are running out of time in order to prepare for the new EU regulations to reduce…
Airline Dutch government abandons plans to reduce flights at Amsterdam Airport admin Nov 16, 2023 The Dutch government has backed down from plans to reduce flights at Amsterdam Schiphol Airport, after being…
EU trade Oil and gas importers will be hit by EU regulations on methane emissions admin Nov 16, 2023 In an effort to curb the global warming gas, methane, the EU has agreed upon new restrictions for emissions that…
Energy UK gives watchdog new power to force garages into revealing profits admin Nov 16, 2023 Fuel retailers are required to reveal profit information by next year or risk hefty fines. This is under the new…
Economy US and UK Push pledge to triple nuclear power by 2050 admin Nov 15, 2023 At the COP28 summit, the US will be leading a push to triple installed nuclear power capacities globally by 2050.…
Business Asda repays £300m while Issa brothers race for a reduction in borrowing admin Nov 15, 2023 Asda paid off £300m in debts, as its billionaire owners raced to reduce borrowing levels throughout their…
Mining Mining giant Glencore rejects London’s coal listing with a $7 billion deal admin Nov 15, 2023 Glencore is the latest company that has snubbed the London Stock Exchange. The company confirmed plans to list…
Jobs and employment Pfizer will cut 500 jobs in the UK as demand for Covid Jabs slumps admin Nov 15, 2023 Pfizer plans to eliminate 500 jobs from its Kent laboratories as it tries to reduce costs by $3.5bn (£2.8bn), due…
Business Orsted requests more cash from the government amid doubts about viability of… admin Nov 15, 2023 After spiraling costs cast doubt on its viability, the UK's largest offshore wind developer has been in…
Airbus Emirates says it will not buy Airbus A350 until Rolls-Royce fixes engine problems admin Nov 15, 2023 Emirates, a Dubai-based airline, has ruled out purchasing Airbus A350-1000 aircraft until Rolls-Royce's engine…