Manufacturing TSMC will build a chip factory in Germany worth €10bn admin Aug 9, 2023 Taiwan Semiconductor Manufacturing Company and three corporate partners will build a €10bn facility in Germany. The…
Health Novo Nordisk’s drug for obesity reduces stroke and heart attack risk admin Aug 9, 2023 Novo Nordisk’s top-selling obesity medication reduces the risk of strokes or heart attacks, according to findings…
Mining Cornish Lithium receives investment from UK Infrastructure Bank admin Aug 9, 2023 Cornish Lithium secured its first investment through the UK Infrastructure Bank, a major boost to the company as…
Science Cambridge’s hopes of becoming the’science capital of Europe’ are… admin Aug 9, 2023 Michael Gove, the housing secretary at the time, set out plans for transforming the university city of Cambridge.…
Artificial intelligence Google and Universal Music reach agreement over AI “deepfakes” admin Aug 9, 2023 Google and Universal Music have begun discussions to license the melodies and vocals of artists for songs created…
Markets The ‘Snooze drag’ workaround allows CLO managers to skirt around… admin Aug 9, 2023 Investment bankers have discovered a way around a major obstacle that prevents companies with junk ratings from…
Stockmarket News Market News: Italy stocks lead losses in Europe after windfall tax on banks admin Aug 9, 2023 Italian stocks fell after a new surprise tax on bank profits caused the country's banks to tumble, wiping out €9.3…
Mining WeWork Raises “Substantial Doubt” About the Business’s Survival admin Aug 9, 2023 WeWork Inc. stock plummeted by more than 25 percent in extended trading, after the company said there is…
Banking Treasury could save billions of dollars a year, but it can’t succumb to the… admin Aug 9, 2023 It was not covered or discussed much in Europe. The European Central Bank announced that it would stop paying…
Technology Lidiane Jones, Slack’s chief executive officer, warns that the cost of chips… admin Aug 8, 2023 Lidiane Jones is the new CEO of Slack. She believes that the rising cost of generative artificial intelligent could…
Energy BP’s plan for wind farms without subsidies admin Aug 8, 2023 BP is considering building two huge offshore wind farms in British waters without government subsidy contracts in…
Stockmarket News Saudi Aramco gives its shareholders an additional $10bn bonus admin Aug 8, 2023 The world's largest oil company, despite a drop in profits due to the fall of crude prices, will give an additional…
Stockmarket News PayPal launches stablecoin to push deeper into crypto payment admin Aug 8, 2023 PayPal launches a stablecoin. It is the first major financial institution that has delved into crypto payments,…
Transport Yellow, a US trucker, files for bankruptcy to repay federal loans admin Aug 8, 2023 US trucking company Yellow filed for bankruptcy on Monday and will close its doors. It collapsed under the weight…
Economy Chief economist of the BoE warns that food inflation is unlikely to drop soon admin Aug 8, 2023 The days of cheap foods may be gone, said the Bank of England chief economist on Monday. He warned that prices at…
Banking UK charity bank raises new debt after huge paper losses on bonds admin Aug 8, 2023 After reported steep paper losses on the value of its bonds, a UK bank that serves 14,000 charities announced a…
Artificial intelligence The US has taken Britain’s quirky chip champion. admin Aug 8, 2023 Ahead of a landmark public listing, one of the UK's biggest success stories is facing an identity crisis…
Oil and Gas Mohammed bin Salman relies heavily on oil to plug Saudi Arabia’s ballooning debt admin Aug 8, 2023 Saudi Arabia's oil company, the state-owned Saudi Arabian Oil Company (SAOC), will help to plug the Gulf…