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Showing posts from February, 2024

Could product passports revolutionise the way we shop?

The EU is introducing digital passports for products that detail their composition and production history. from BBC News https://ift.tt/EWrty40

US says falling trade with China could be positive

US Trade Representative Katherine Tai says steep drop in trade with China "isn't necessarily negative". from BBC News https://ift.tt/SemqMRL

AI optimism sends Nasdaq to new post-Covid high

Investors expect artificial intelligence to unleash a new wave of growth. from BBC News https://ift.tt/SFOMwHn

US lawmakers reach deal to temporarily avert government shutdown

The tentative budget agreement still needs to be voted on by the full House and Senate. from BBC News - Business https://ift.tt/hUBZjwV

Catalonia's farmers demand more help over drought

As Spain continues to be blighted by a lack of rain, farmers want more government assistance. from BBC News - Business https://ift.tt/WTjUHRp

Apple unplugs self-driving electric car project, reports say

The firm never acknowledged the project publicly but had recruited about two thousands workers. from BBC News - Business https://ift.tt/b1uFvPa

Why Google's 'woke' AI problem won't be an easy fix

The firm paused its AI image generation tool after claims it was over-correcting against the risk of being racist. from BBC News - Business https://ift.tt/JBN9ZzM

Top Disney movies boss steps down in shakeup

Sean Bailey, the boss of the media giant's live-action film studio, stepped down after 15 years. from BBC News - Business https://ift.tt/nXWyR3k

Hunt must spell out how tax cuts would be paid for - IFS

The Institute for Fiscal Studies think tank says the case for cutting taxes is "weak". from BBC News - Business https://ift.tt/LlV5Zsp

US challenges Kroger Albertsons deal warning of higher prices

The Federal Trade Commission says combining Kroger and Albertsons would be bad for American shoppers. from BBC News - Business https://ift.tt/7bmpEXk

Boeing review finds 'disconnect' on safety

A report ordered by the government finds "gaps in Boeing's safety journey". from BBC News - Business https://ift.tt/YQXcku4

Why some cyber-attacks hit harder than others

The British Library has been hobbled for months by a cyber-attack and experts warn of similar damage ahead. from BBC News - Business https://ift.tt/FRVlyhI

Red Sea attacks delaying goods and pushing up costs, firms say

Houthi attacks are increasing costs and causing delays, the British Chambers of Commerce says. from BBC News - Business https://ift.tt/KZxoFTC

The staff shortage in India's special effects industry

With international studios sending more work to India, the industry is struggling to train enough staff. from BBC News - Business https://ift.tt/CNZKD62

Energy bills expected to fall as new Ofgem price cap is announced

Domestic gas and electricity bills could fall sharply in April but many are still struggling to pay. from BBC News - Business https://ift.tt/Vg4bKEA

The 'mind-bending' bionic arm powered by AI

BBC Click reporter Paul Carter tries out a high-tech prosthetic promising a 'full range of human motion'. from BBC News - Business https://ift.tt/R0YpKN4

Reddit moves forward with share listing plan

The filing offers a glimpse of the company's efforts to turn online popularity into profit. from BBC News - Business https://ift.tt/9LBQuzo

Nvidia: Boss sees artificial intelligence 'tipping point' as sales soar

The chip giant's shares have risen by more than 200% in the last year, driven by the AI boom. from BBC News - Business https://ift.tt/a8NZkTz

More drug than drink-driving arrests by some forces

Drug driving is becoming more prevalent in younger groups, says one of Britain's top police officers. from BBC News - Business https://ift.tt/uAQ3Raj

Boeing 737 Max boss out after blowout

The company says leadership changes are meant to improve the quality and safety of its planes. from BBC News - Business https://ift.tt/NIzm1AQ

HSBC: Bank's pre-tax profits soar fuelled by high interest rates

Europe's biggest bank, HSBC, has reported a jump of almost 80% in its annual profit in 2023. from BBC News - Business https://ift.tt/BKwGUJy

Amazon founder Jeff Bezos completes $8.5bn share sale plan

The firm said this month that its founder would sell up to 50 million shares over the next year. from BBC News - Business https://ift.tt/iGe9o37

Woolworths: Australian grocery boss quits amid price-gouging claims

The Australian grocery chief walked out on a reporter when questioned over alleged price-gouging tactics. from BBC News - Business https://ift.tt/O9DmLQj

Baby formula milk investigated over high prices

Parents could be saving up to £500 in baby's first year, according to the UK's competition watchdog. from BBC News - Business https://ift.tt/MozbF7E

Gloucestershire vertical farm is one of UK's 'most advanced'

Salad crops are grown indoors under lights three times faster than in traditional agriculture. from BBC News - Business https://ift.tt/QWdx1UD

Japan's discount store pioneer Hirotake Yano dies

The billionaire owner of the so-called 100 yen store passed away at the age of 80, the firm says. from BBC News - Business https://ift.tt/Mb9XEtB

Cameron government knew Post Office ditched Horizon IT investigation

Documents show the secret investigation may have helped wrongly accused postmasters prove their innocence. from BBC News - Business https://ift.tt/mrsFCoN

Stats watchdog criticises Treasury tax cut claims

Two Treasury ministers, Laura Trott and Bim Afolami, have been criticised over recent claims on tax cuts. from BBC News - Business https://ift.tt/BjwO5mW

New controls on holiday lets to be introduced

From the summer, planning permission may be needed to turn homes into new short-term lets. from BBC News - Business https://ift.tt/2eqOQns

Currys takeover battle looms as JD.com eyes bid

The Chinese e-commerce firm joins US investor Elliot as a possible bidder for the UK retail group. from BBC News - Business https://ift.tt/c6NYMFJ

Lunar New Year: China tourism spending tops pre-Covid levels

The figures mark some rare good news for the world's second-largest economy. from BBC News - Business https://ift.tt/o18OzD7

Post Office not asked to stall payouts, says government

Claims by the ex-Post Office chairman that he was asked to delay compensation to help the government are denied. from BBC News - Business https://ift.tt/Zc8NIOd

Donald Trump launches own-brand shoes after $355m fraud fine

The ex-president promoted gold-coloured shoes priced at $399 at a sneaker convention in Philadelphia. from BBC News - Business https://ift.tt/In0pOAo

Tata Steel workers to vote on strikes amid job peril

Unions say they are "prepared to fight" in response to job losses at Tata Steel sites. from BBC News - Business https://ift.tt/D1YPBVn

Xi Jinping's never-ending hunt for corruption in the Communist Party

The latest phase of the anti-corruption drive targets the finance sector and elite nuclear rocket force. from BBC News - Business https://ift.tt/QXDa9Hc

The brewing secrets behind tastier no-alcohol beer

There's huge demand for low and no-alcohol beer and breweries are competing for the best flavour. from BBC News - Business https://ift.tt/PtRhFUa

Xbox, Nintendo or PlayStation: does it still matter?

Why the war between the big games console makers may be coming to an end. from BBC News - Business https://ift.tt/MgiQFfJ

Facebook £3bn legal action given go-ahead in London

A mass legal action alleges Facebook abused its dominance to monetise 45 million UK users' personal data. from BBC News - Business https://ift.tt/uaQoZSc

X took payment from terrorists, campaigners say

Campaigners at the Tech Transparency Project in the US found paid-for features for organisations. from BBC News - Business https://ift.tt/bmcLZdJ

Offenders confused about ethics of AI child sex abuse

A charity warns that creating or viewing such images is still illegal, even if the children are not real. from BBC News - Business https://ift.tt/txFSUBv

What is GDP and how is it measured?

A basic guide to how the health of the economy is measured, and why that calculation matters. from BBC News - Business https://ift.tt/hxRrvfU

Bali: Foreign tourists to pay $10 entry tax from Valentine's Day

Bali is one of the world's most popular tourist destinations, attracting millions each year. from BBC News - Business https://ift.tt/43KYma5

Abuse and attacks on UK shop workers rises to 1,300 incidents a day

Violence against retail staff spiked to 1,300 incidents a day, says the British Retail Consortium. from BBC News - Business https://ift.tt/2Dh6eZs

Amazon founder Jeff Bezos sells shares worth over $4bn

The multi-billionaire moved to Miami last year, where there is no tax on share sales above $250,000. from BBC News - Business https://ift.tt/gSo0yUZ

What is the UK inflation rate and how does it affect me?

The rate at which prices are rising has dropped from record highs, but still remains above the 2% target. from BBC News - Business https://ift.tt/iBKjC1w

Pay growth slows but still outpaces rising prices

Pay, excluding bonuses, grew by 6.2% in the last three months of 2023 compared with the year before. from BBC News - Business https://ift.tt/6XjoGfV

AI: UK chip designer Arm sees shares almost double

The firm's shares have soared since its earnings announcement last week and are now up more than 98%. from BBC News - Business https://ift.tt/r0Agxd3

Squishmallows has launched a legal fight against Build-A-Bear

The firm behind Squishmallows has kicked off a courtroom copyright fight. from BBC News - Business https://ift.tt/hYUGgE1

Paytm: Rockstar Indian fintech start-up faces serious crisis

Paytm - India's famous payments app - is facing a regulatory crackdown that's impacting millions. from BBC News - Business https://ift.tt/3zl5pAD

Northern Ireland companies report surge in confidence

Manufacturing, services and retail reported an increase in business activity in January. from BBC News - Business https://ift.tt/NgLPFRD

Horizon scandal: Five short-changed postmasters to get full compensation

A u-turn means Teju Adedayo and four others can now claim full Horizon scandal compensation. from BBC News - Business https://ift.tt/KUEcpJ5

Water company bosses could see bonuses stopped over sewage spills

Breaches of environmental rules should cost bosses their bonuses, the environment secretary says. from BBC News - Business https://ift.tt/XxNczHZ

Uber makes changes to Super Bowl ad after backlash

The firm has edited its advert that was criticised for making light of food allergies. from BBC News - Business https://ift.tt/rsK5FYM

Ex-minister: I wish I asked more questions about Post Office

Labour's Pat McFadden admits MPs' concerns about the Horizon scandal were raised when he was a minister. from BBC News - Business https://ift.tt/WmdEyqr

The Body Shop set to appoint administrators in UK

The retailer is expected to undergo a major restructure, leading to shop closures and job losses. from BBC News - Business https://ift.tt/QObFlt3

Fujitsu bosses paid £26m during Horizon contract

Accounts show former execs made millions while sub-postmasters were chased for thousands. from BBC News - Business https://ift.tt/unRgBFa

Ex-Fujitsu boss 'shocked' by Post Office's actions

Roger Gilbert says he believed the Post Office was acting "honestly and competently" in prosecutions. from BBC News - Business https://ift.tt/AigX5KZ

Why the e-bike boom is raising fire fears

Sales of electric bikes are booming but defective batteries and chargers can cause fires. from BBC News - Business https://ift.tt/zwRkq42

Judge approves Woodford investors' compensation

About 300,000 people could receive payouts but campaigners say it is an "appalling outcome". from BBC News - Business https://ift.tt/el6vkzg

Nationwide's Dominic West advert reported by Santander to watchdog

Santander is understood to have made the complaint, which argues the ad discredits other banks. from BBC News - Business https://ift.tt/WvcrwT1

Tesco Bank to be bought by Barclays in £700m deal

Some 2,800 Tesco staff will transfer to the bank which is taking over credit cards and savings accounts. from BBC News - Business https://ift.tt/8E7UsuF

Chocolate: Cocoa price hits record high as El Niño hurts crops

The cost of the key ingredient for making chocolate has roughly doubled since the start of last year. from BBC News - Business https://ift.tt/7GYptLi