Markets Shell is said to have received final bids for UK North Sea Gas Assets admin Aug 22, 2023 Shell Plc reportedly has reduced the number of bidders to just three for its Southern North Sea Gas Fields.…
Technology SoftBank’s US arm files for IPO that could be the biggest of this year admin Aug 22, 2023 SoftBank Group Corp.’s Arm Holdings Ltd. made a move toward what is set to be the largest US initial public…
Business Goldman Sachs is exploring the sale of investment advisers in a retreat from mass… admin Aug 22, 2023 Goldman Sachs has begun exploring the sale of its investment advisory business, which it acquired four year ago.…
Energy The world’s first ever wind-powered cargo ship sets out on its maiden voyage admin Aug 22, 2023 The world's very first wind-powered cargo ship has set off on its maiden voyage. It may lack the romanticism of…
Automotive Cruise to reduce fleet of San Francisco Robotaxis by half following crashes admin Aug 21, 2023 General Motors Cruise Autonomous Vehicle Unit has agreed to reduce its fleet of San Francisco Robotaxis by half, as…
Business WeWork struggles to stay afloat, causing property fears to grow admin Aug 21, 2023 WeWork was once valued at $47.5 billion. The company had to merge 40 shares into one on Friday to maintain its…
Artificial intelligence UK spends £100m on AI chip race admin Aug 21, 2023 The UK government will invest £100m in an effort to gain a foothold for the UK on the global stage of producing…
UK Tax Study finds that some UK residents pay twice as much tax on their earned income as… admin Aug 21, 2023 According to a study on inequality in the UK's tax system, a graduate who earns £35,000 per year pays nearly twice…
Economy The global economy is headed for turbulent times admin Aug 21, 2023 What's happening with the global economy? The global economy can be described by comparing it to a plane that…
Manufacturing Saudi Arabia is after Britain’s military treasure admin Aug 21, 2023 Mohammed bin Salman sees the Kingdom as the next industrial powerhouse in the world Saudi Arabia has…
Airport Ryanair revenue increases by £18 billion pounds thanks to airline baggage fees and… admin Aug 21, 2023 Ryanair has made £18 billion from adding-on fees in the last decade. Passengers are charged "eye-watering"…
Automotive Welsh sports car factory built with taxpayers’ money still vacant 12 months… admin Aug 21, 2023 After a year of refurbishment, a £12m taxpayer funded sports car factory in Wales has yet to produce any cars.…
Artificial intelligence Robot chef from Ocado sold at pennies a pound admin Aug 21, 2023 A startup that made robot chefs and attracted millions in investment from Ocado has been sold in a pre-pack…
Economy China to reduce lending rates as the economic recovery drags admin Aug 21, 2023 China will likely make its biggest cut to two of the core lending rates this year as policymakers and the banks are…
Politics China calls on Brics to be a geopolitical rival of G7 admin Aug 21, 2023 This week, China will try to make the Brics group of emerging markets a rival to the G7. Leaders from around the…
Economy Hunt’s tax-cutting dreams are shattered as bond yields soar to 2008 levels admin Aug 18, 2023 The government borrowing costs are at their highest level since 2008. This is a blow for Jeremy Hunt’s hopes to…
Manufacturing ITM, a manufacturer of hydrogen equipment, hails “tangible progress”… admin Aug 18, 2023 ITM Power, a UK manufacturer of hydrogen equipment, said that it had made "tangible progress" in its turnaround…
Business BAE buys Ball’s Aerospace business for $5.6bn admin Aug 18, 2023 BAE Systems is moving into the US space domain with the $5.6bn acquisition of Ball Aerospace, a supplier of…