How Gulf States are investing their money in mining
In 2023, Rothschild Bankers who worked for the Zambian government were nearing completion of a shortlist for buyers…
Hong Kong’s port is losing ground as exporters shift to mainland China
Hong Kong is losing out to competitors in south-east Asia and mainland China in terms of seaborne cargo volume.…
Demis Hassabis, DeepMind CEO, warns that huge AI funding can lead to grifting and…
According to Sir Demis Hassabis of DeepMind, the surge in money flowing into artificial intelligence is creating a…
Report: AI “apocalypse” could cost UK jobs of 8m.
A report warns that automation could lead to the loss of 8 million UK jobs. This is a "jobs-apocalypse" for women,…
Why Ocado could become a tech giant if it is listed in New York
If the grocery store can break free from its UK roots, a lucrative future awaits.
Tim Steiner, Ocado's chief…
Morrisons’ losses mount amid debt finance pressures
Morrisons reported widening losses for the first quarter, after being weighed down with debt financing costs…
IFS warns that Scotland will face a much larger deficit than the rest of the UK as…
IFS warns that the decline in North Sea revenue will cause a shortfall of up to £4,100 per person.
The…
Short sellers flock to Fortnox, a Swedish software company that is on the rise.
Tommy Eklund, Fortnox's CEO, has redefined the technology industry in a way that few other chief executives have.…
Bank of England warns that private equity binge could trigger financial crisis
The Bank of England warned that the private equity industry poses a threat to financial stability, as it launched a…
UBS sells $8bn in loans to Apollo
UBS agreed to sell loans worth $8bn to private capital group Apollo as it wind down its investment bank related to…
Formula One owner closes on €4bn MotoGP deal
According to sources familiar with the situation, Formula One owner Liberty Media has exclusive negotiations to…
Baltimore Bridge collapse: Carmakers and insurance companies prepare for the…
After the collapse of the Francis Scott Key Bridge in Baltimore, carmakers have announced that they will be…
Shein is close to announcing London IPO reports
Shein will announce in the next few days that the London Stock Exchange is the destination of its initial public…
Tata will ‘continue to lose jobs in Port Talbot even with Labour subsidy.
Sources close to Tata Steel have stated that the company would continue to cut thousands of jobs at its Port Talbot…
EU investigates Apple and Alphabet owner Alphabet, Meta, under the new tech law
Apple, Google parent company Meta and Google are all being investigated by EU authorities for possible breaches of…
Focusing on consumers can give China an extra $3.5trn.
The International Monetary Fund said that China's economy could grow by $3.5 trillion over the next 15 year if its…
Bank of England: Delaying interest rate reductions will weaken the UK economy
A report warns that the UK economy is headed for a slow recovery after the recession, and the Bank of England may…
Kingfisher owner B&Q is impacted by sluggish French sales
Kingfisher's hopes of a recovery have once again been dashed after the DIY retailer saw its profits fall due to…