Elon Musk launches xAI to challenge ChatGPT’s dominance
Elon Musk launched xAI - an artificial intelligence firm - to compete with Sam Altman's OpenAI. The company aims to…
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Sunak to support 6% wage increase for public sector employees
Rishi Sunak will likely announce on Thursday that he supports a pay increase of approximately 6 percent for the…
US inflation falls to a two-year low, increasing pressure on Bailey to lower…
Last month, US inflation dropped to its lowest level for more than two-years. This increased pressure on Andrew…
Vegans fight to be able to call non-dairy dairy products’mylk.’
Vegan campaigners, who are fighting a possible clampdown on the way their products are described, have stated that…
Carlsberg reduces alcohol in beer before duty increases
Carlsberg has made its beer weaker in order to save money, as the government prepares to increase alcohol taxes…
Mike Ashley’s Frasers Group acquires a 19% stake in AOWorld
Mike Ashley's Frasers Group bought shares from Odey Asset Management to acquire a 19.1% stake in AO World.…
Ocado benefits from fewer bumps on the road
Ocado received a special delivery in the form of some upbeat broker commentary on Monday. Analysts at Exane BNP…
Kardashian launches clothing line worth $3.2 billion for floatation
The boss of Kim Kardashian's $3.2billion shapewear label says that it is a worthy candidate for flotation. He has…
Glencore cashes in on Teck Resources’ coal division
The latest twist in the biggest mining takeover battle in the past decade is that Swiss mining and trading giant…
EU warns that barriers to trade after Brexit will likely ‘deepen…
The EU's Brexit Negotiator warned that trade barriers between the UK & EU will likely increase despite a…
JPMorgan pays up to $290mn in settlement of Epstein accusers’ case
JPMorgan Chase has agreed to pay up to $290mn to settle one of two bombshell lawsuits over its 15-year relationship…
London offices are being reshaped by the shift to working from home
Investors have invested £2bn in converting London offices to new uses as the shift towards working from home has…
S&P 500 closes at its highest level in over a year
US stocks reached their highest level since more than a month on Monday. Investors added to the rally fueled by…
Goldman Sachs CEOs and Morgan Stanley CEOs See ‘Green Shoots’ on Wall…
Goldman Sachs' and Morgan Stanley's chief executives said that they saw "green shoots" within their struggling…
The US blocks Microsoft’s $69bn deal to boost Britain
The US government is supporting Britain's Competition Watchdog to try and block Microsoft's $69bn takeover by…
Meatless Farm, a vegan food company, has laid off almost its entire staff
A plant-based food manufacturer made the majority its staff redundant due to a decline in demand of vegan…
Pizza Express tries to reclaim the high street while rival chains fall apart
A large sign is posted on the doorway to Pizza Express's East London pizzeria, located at Mare Street: "Your…
The corruption scandal in Teesside has threatened a £600m factory investment
Plans to build a £600m cable factory in Teesside could be at risk as a corruption scandal threatens the former…