Centrica supports plans for a 12-mile tidal wall across The Wash
British Gas's owner Centrica has backed plans to build a 12-mile barrier that will prevent tidal flooding in…
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Aviva warned by Grant Shapps about ethical investment policies in defence
Grant Shapps warned Aviva to avoid any "immoral withdrawal" of support for defence companies after a letter…
After first profit for 4 years, Klarna is studying a ‘potential IPO’
Klarna has reported its first profit quarter in four years, as it prepares to list on the stock exchange.
The…
ECB warns that ‘friend-shoring’ will increase prices
According to a European Central Bank study, geopolitical tensions have prompted more multinational companies…
British Steel will close blast furnaces, putting 2,000 job at risk
British Steel plans to close two blast furnaces on its flagship site in Lincolnshire within the next three-years…
OpenAI to launch store after ChatGPT hits 100mn users
OpenAI has launched custom versions of ChatGPT, which can be tailored and adapted for specific applications. This…
Revolut talks about new Canary Wharf headquarters
Revolut has begun talks with Canary Wharf to relocate its headquarters. This would be a significant vote of…
Signa, the joint owner of Selfridges, is facing financial difficulties
A financial crisis that has engulfed Signa Group, Rene Benko's property empire in Austria, has cast doubt on the…
Japan’s scallops industry seeks refuge from China ban
Jumbo scallops are a favorite ingredient in classic sushi plates. They come from the northern Japanese town of…
Denmark says EU farmers should be responsible for carbon emissions.
The Danish climate minister said that EU farmers must pay for their greenhouse gases emissions. This comes as…
Cloud computing capacity a major focus for tech giants
Amazon, Microsoft, and Alphabet, the parent company of Google, are all expected to increase capital expenditure as…
Elon Musk releases a new AI chatbot called ‘Grok,’ to compete with…
Elon Musk’s artificial intelligence startup xAI released its first AI Model. The tech billionaire is looking to…
Shell’s boss defends renewables strategy shift with a ‘leaner…
Wael Sawan, the chief executive of Shell, plans to make the company "leaner", and more selective in its investments…
Ken Griffin, Citadel’s Ken Griffin, warns hedge funds against clampdowns to…
Ken Griffin, founder and CEO of the $62bn US hedge funds Citadel, warned regulators to focus on banks instead of…
Warren Buffett’s Berkshire Hathaway is selling stocks as its cash pile grows to…
Berkshire Hathaway’s cash pile soared to a new record of $157bn during a quarter when chief executive Warren…
Will Sam Bankman-Freed Conviction affect the cryptocurrency industry ?
Sam Bankman-Freed, the founder of FTX, has been found guilty in a fraud trial. This has significant implications…
FTC claims Amazon made $1bn with secret pricing algorithm
Amazon made more than $1bn extra profit using a secret pricing algorithm, US antitrust regulators claim in a…
Shell buys back $3.5bn in shares despite falling profits
Shell announced a larger than expected $3.5billion share buyback, even though the oil and gas company's quarterly…