WH Smith shares have fallen for a second consecutive day after the retailer failed to reassure investors regarding its turnaround strategy. The stock dropped more than eight per cent in
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London-listed technology investment trusts experienced a further decline in value on Friday, following renewed volatility in Nvidia shares. The chipmaker opened trading 2.3 per cent lower, extending a sharp 14.3
Artificial intelligence has emerged as the most significant threat to the financial system, according to a Federal Reserve survey released on Friday. The central bank’s twice-yearly assessment found that concerns
Asda’s like-for-like food sales growth decelerated in the weeks preceding the leadership transition at the discount supermarket. The retailer reported a 0.1 per cent increase in food sales for its
Seaway7 has marked the installation of the first inter-array cable at the Hornsea 3 offshore wind farm. The project, developed by Ørsted, involves the transport and installation of more than
The recent departure of Jensen Huang from the helm of Nvidia has placed significant emphasis on the critical role of corporate governance within the global technology sector. The removal of
Consultancy services emerged as a primary driver of United Kingdom economic expansion in the third quarter, propelled by increasing corporate demand for artificial intelligence and technology-related expertise. The Office for
Pfizer has secured $1.5bn in funding from Blackstone Life Sciences to accelerate the clinical development of berobenatide, a monthly glucagon-like peptide-1 receptor agonist. The private equity firm will cover the
Had-Fab, a family-owned metal structure engineering and fabrication firm, has expanded its operations in Scotland to become the first company to invest in a designated tax site within the Forth
The United Kingdom risks becoming economically weaker and poorer as a direct consequence of the government’s decision to prohibit new North Sea oil and gas exploration licences, according to the
The average price of a new vehicle in the United States has reached a record high of $51,109, according to a recent report from Cox Automotive. This figure, which reflects
Energy minister Michael Shanks has cautioned that the rapid expansion of renewable energy capacity has outpaced the infrastructure required to support it, describing the imbalance as a significant strategic error.
Greenvolt Power has brought two battery energy storage systems into operation in Japan, marking a significant expansion of the firm’s global footprint. The two stand-alone projects are located in Kyushu,
The government has provided its first formal endorsement of the third runway expansion at Heathrow since the change in leadership. This support was articulated by John Healey during evidence before
British companies are at risk of future regulatory complications as their artificial intelligence governance frameworks fail to keep pace with rapid technological adoption, according to IBM. The technology group has
Northern Trust has reduced the time analysts spend preparing data for client onboarding by 83 percent through the deployment of a new artificial intelligence agent. The financial services firm developed