Electric vehicles Tesla sales fall as European electric vehicle subsidies are cut admin May 23, 2024 Tesla sales in Europe have plummeted after countries such as Germany and France cut subsidies to electric vehicles.…
Economy Even though inflation has fallen, traders bet against a summer rate cut admin May 23, 2024 Looming election and higher-than-predicted price rises push expectations back to November Investors are pushing…
Companies Mike Ashley is looking to form a joint venture with Crown Estate admin May 22, 2024 Mike Ashley has learned that he is considering a stake in the Princesshay estate of Exeter. This would be the first…
Property Meadowhall sold for £360m by British Land admin May 22, 2024 British Land sold its Meadowhall shopping center in Sheffield to a joint venture partner, a move that highlights…
Banking The card giants are facing a crackdown on fees admin May 22, 2024 Mastercard and Visa are facing a regulatory crackdown. The payments watchdog has said that the companies have too…
AI Microsoft improves “Copilot” in race against Google to create AI… admin May 22, 2024 Microsoft announced an improved artificial intelligence-powered personal assistant that supports the work of all…
Banking Bank of England Governor predicts “quite a fall” in UK inflation… admin May 22, 2024 Bank of England Governor said that he expects "quite a fall" in the inflation rate to be around the 2 percent…
AI Amazon delays order of Nvidia’s’superchips’ in anticipation of… admin May 22, 2024 Amazon's cloud computing division has decided to delay the use of Nvidia’s most advanced “superchip” in order to…
Food and drink industry Americans drink half as much coffee today as they did in 1940 admin May 22, 2024 Starbucks is struggling. There are a number of factors that may have contributed to the decline in sales, including…
Automotive Cazoo, an online car dealer, collapses in administration putting 200 job at risk admin May 22, 2024 Cazoo the online car dealer, once valued at $8.5bn (£6.3bn), is now in administration and 200 jobs are at risk.…
Drug research AstraZeneca wants to double its revenues to $80 billion by 2030 admin May 22, 2024 AstraZeneca is the largest drug manufacturer in Britain. It has set a bold goal to achieve $80bn ($63bn) by 2030…
Business The bank manager who works at home says it’s not essential to work five days… admin May 22, 2024 Santander UK’s chief executive is an outlier at a time when bank bosses have tightened up on the working from home.…
Inflation How inflation has driven the UK’s cost of living crisis admin May 22, 2024 The Office for National Statistics will release its April inflation statistics on Wednesday. It is expected that…
Interest rates Bank of England deputy says that a UK interest rate reduction is… admin May 21, 2024 The Bank of England's departing deputy governor hinted on Monday that UK interest rates may be reduced this summer.…
Media Trump’s Truth Social Media Company posts $327m loss in the first quarter admin May 21, 2024 Trump Media and Technology Group (the owner of Donald Trump’s social networking website Truth Social) lost more…
AI Microsoft’s AI-powered chatbot will “recall” everything you did… admin May 21, 2024 Microsoft wants laptop users so familiar with its artificial-intelligence chatbot, that it remembers everything…
Artificial intelligence Report: AI-related productivity increases in the sectors most affected by AI. admin May 21, 2024 A report says that the sectors of global economy most exposed to artificial (AI) have seen a marked increase in…
Companies South West Water says it has restored 85% of its service as part of a dividend… admin May 21, 2024 South West Water's owner has announced that normal service is now available to 85% of their customers, after unsafe…