Economy The UK economy accelerates in the second quarter admin Aug 11, 2023 The UK economy grew faster than expected during the second quarter, as consumers were more resilient to rising…
Companies Flutter swings first US profit before New York listing admin Aug 10, 2023 The gambling group that owns Sky Bet and Paddy Power made its first US profit in the first half, as it amassed…
Economy The UK is once again plagued by’stagflation admin Aug 10, 2023 A think tank warned that the UK economy suffers from a "British Disease" of 1970s style, which means inflation…
Climate Leonardo DiCaprio, Ashton Kutcher back Bristol microplastics startup admin Aug 10, 2023 Hollywood stars Leonardo DiCaprio, and Ashton Kutcher invested millions in a UK startup that filters microplastics…
Drug research Already, the Ozempic-killers are generating fat profits admin Aug 10, 2023 A booming weight-loss drug market has investors scrambling for a piece of the action After…
Markets Wilko has suspended home delivery in its fight to avoid collapse admin Aug 10, 2023 Wilko is scrambling to find a deal that will save it. The website of a discount retailer said that the delivery…
Companies Severn Trent is facing a class-action lawsuit similar to those in the US over… admin Aug 10, 2023 Former Oxford academic filed a class-action lawsuit in the US style against Severn Trent - one of Britain's largest…
Financial Four major UK lenders lower mortgage rates admin Aug 10, 2023 As competition intensifies in the market for home loans, four large UK lenders have cut mortgage rates twice in the…
Oil and Gas European gas prices jump almost 40% due to supply disruption fears admin Aug 10, 2023 The price of European natural gas soared by almost 40% on Wednesday, as traders who bet on further price drops were…
Artificial intelligence China’s Internet Giants Order $5bn in Nvidia Chips to Power AI Ambitions admin Aug 10, 2023 China's Internet Giants are in a frenzy to buy high-performance Nvidia Chips vital for building generative…
Tech White House bans US tech investment in China admin Aug 10, 2023 Biden's administration will restrict US investments in Chinese quantum computing, advanced chip and artificial…
Oil and Gas Gas reaches key $3 mark for the first time since Jan admin Aug 10, 2023 On Wednesday, speculators chased the price of America's preferred fuel for heating and cooling indoors to…
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…