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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/HsJwVuv

Issa brother to step back after 'fixing' Asda

Mohsin Issa says the brothers are in it for the long term, but will appoint a boss to run the business. from BBC News https://ift.tt/iEm3tdp

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/NtajyVz

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/9reo3Vd

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/VXbJRK5

'I'd heard the big, bad, scary conversation about AI'

The women enrolling on artificial intelligence training courses to boost their job prospects. from BBC News https://ift.tt/M43te89

Retro Renault 5 takes on EV challenge from China

Renault's boss says Europe "can't surrender" in the face of Chinese and US electric car manufacturing. from BBC News - Business https://ift.tt/Y3Iq9Ob

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/ZWxOvED

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 https://ift.tt/p3vVNo4

Why firms are racing to produce green ammonia

Ammonia is essential for fertiliser production but producing it is carbon intensive. from BBC News https://ift.tt/i7ARcKj

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/qAoZSiO

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/K7Jq4iw

Post Office victims' compensation payouts to be sped up

Legislation aimed at clearing wrongly convicted sub-postmasters is also expected to be brought forward. from BBC News - Business https://ift.tt/K9vgiz7

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/X1uBhL0

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/5Q9EvJz

Robot inventor: 'We had to adapt to the AI revolution'

Sandy Enoch of Robotical explains why he had to pivot his educational robot company due to AI. from BBC News - Business https://ift.tt/bvlXEzo

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/EAn3vV0

AI chip firm Nvidia valued at $2tn

Booming business at Nvidia sees investors bet the AI revolution will live up to its "hype". from BBC News https://ift.tt/ng3YRbj

AI chip firm Nvidia valued at $2tn

Booming business at Nvidia sees investors bet the AI revolution will live up to its "hype". from BBC News - Business https://ift.tt/c261j5H

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/k73urRD

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 https://ift.tt/AsRZkmW

Tony's Chocoloney sued by Milka over copycat campaign

Milka manufacturer Mondalez is taking legal action against Tony's for mimicking its bar in a new campaign. from BBC News - Business https://ift.tt/rYJ9g5E

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/FCxi3zk

Nvidia: Chip giant posts record sales as boss sees AI 'tipping point'

The chip giant's shares have soared by more than 200% in the last year, driven by the AI boom. from BBC News - Business https://ift.tt/LlT86Xu

How AI is helping the search for extraterrestrial life

Artificial intelligence software is being used to look for signs of alien lifeforms. from BBC News https://ift.tt/0cnHlFR

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/R3SAGzE

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/op1eNUs

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/05t9plw

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/5qksWrY

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/tEmKBhW

Hacker group's site taken over by law enforcement

LockBit is a major criminal gang that uses its software to steal sensitive data until a ransom is paid from BBC News https://ift.tt/bWOciGt

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/XSmK7Vy

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 https://ift.tt/uIEGfg3

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/Rw3W69M

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/2rWYZHJ

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/H4Tq3BZ

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/nlF1J9V

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/s8z5Vdq

Sacked Twitter staff in Ghana finally get pay-off

Former workers at X's Africa base say they have got their severance pay after a year-long campaign. from BBC News https://ift.tt/8AEDCYz

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/0XJVuOD

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/NByT310

Post Office scandal: £10k pay-out 'cruel', says bankrupt victim

"I now have no career, no money, no pension, no nothing... they took that all away," Tony Downey tells the BBC. from BBC News - Business https://ift.tt/coLDulF

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 https://ift.tt/n3EHsZg

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/w4ox5yk

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 https://ift.tt/GIda6L3

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/p3uZhrD

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 https://ift.tt/PMwrs48

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/HODutem

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/xgDZMpr

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/DX154k0

Amazon founder 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 https://ift.tt/YqbP9k4

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/VGnb5sr

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 https://ift.tt/E5aA7VO

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

The firm behind the Squishmallows cuddly characters has kicked off a courtroom copyright fight. from BBC News - Business https://ift.tt/QG016Zv

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/SZyxrlh

Why it's expensive to make music festivals greener

Music festivals need a lot of electricity, but plugging into greener sources is not easy or cheap. from BBC News https://ift.tt/NAPZ241

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/ZEr9PUB

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/VT7W2jU

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/TvPnYMS

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/IChLMYB

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/grncpVx

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/gN9dutF

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/0Gsw24J

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/dQa4IbW

Have we lost faith in tech?

The BBC's technology editor Zoe Kleinman looks at the technology sector's damaged reputation. from BBC News https://ift.tt/GNdg2Jn

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/h2SBrWJ

TikTok and Temu pull cheap heaters after testing revealed fire risk

It comes after consumer group Which? said most of the devices they tested posed a 'serious safety risk' to users. from BBC News - Business https://ift.tt/TbwOFg1

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 https://ift.tt/pXT6Uig

Amazon staff target Valentine's Day with strike

A walkout of more than 1,000 staff is set to take place at the Coventry site from 13 to 15 February. from BBC News - Business https://ift.tt/Nvdnyq3

Disney boss bets on Fortnite and Taylor Swift

The announcement comes a day after Disney said it will launch a sports streaming service with Fox and Warner. from BBC News https://ift.tt/6OhrLMt

The AI companions you can have conversations with

A new breed of talking AI systems are now available for increasingly realistic two-way chats. from BBC News https://ift.tt/ZSwKG6t

Source oil and gas locally, urges Equinor energy boss

Countries should be prioritising energy security and sourcing locally, says the head of Norway's Equinor. from BBC News - Business https://ift.tt/k1nG7iq

Labour ditches £28bn green investment pledge

A U-turn on the policy is set to be announced on Thursday, following confusion over the party's position. from BBC News - Business https://ift.tt/mWOxfla

Scandal-hit business group will survive, says new boss

New CBI boss Rupert Soames says he's committed to restoring its reputation, after sexual assault allegations hit the business group last year. from BBC News - Business https://ift.tt/tTAY5Pu

Actress Gina Carano sues Disney and Lucasfilm with Elon Musk's help

The actress was fired in 2021 for comparing being a Republican to being a Jew during the Holocaust. from BBC News - Business https://ift.tt/drpuC3s

Boeing: Bolts missing from door, says blowout report

A door that blew away from a Boeing 737 Max may not have been properly secured, a new report says. from BBC News - Business https://ift.tt/bz4IVJs

Is Ireland's productivity boom real or 'artificial'?

Irelands hosts many multinational companies which makes calculating its true productivity difficult. from BBC News https://ift.tt/7BSbVmg

McDonald's sales dented by Israel-Gaza boycotts

The chain said its fourth quarter sales failed to meet its target for the first time in four years. from BBC News - Business https://ift.tt/7HEQ2lC

Arrival: Electric van maker's UK arm enters administration

The UK-based operations of Arrival - once worth billions - have been placed in administration. from BBC News - Business https://ift.tt/Zz7klXQ

British electric van maker enters administration

The UK-based operations of Arrival - once worth billions - have been placed in administration. from BBC News https://ift.tt/PaVgiXu

China can now monitor government-funded projects 24/7

The rules, which took effect this month, come as officials move to support the crisis-hit property industry. from BBC News - Business https://ift.tt/10dbDtY

Should more British homes be built using straw?

Cheap, highly insulating and sustainable, straw has a lot of potential for the building industry. from BBC News - Business https://ift.tt/xQ4ylOd

Does Germany’s economy need more than a cup of coffee?

Germany's growth is being held back by the twin shocks of expensive energy and higher interest rates. from BBC News - Business https://ift.tt/Sc3YuZB

Facebook at 20: Four ways it changed the world

How the world's most popular social network has altered society, business and politics from BBC News https://ift.tt/vPhDdRt

Facebook at 20: Four ways the app changed the world

How the world's most popular social network has altered society, business and politics from BBC News - Business https://ift.tt/WP34egD

Can Musk's Neuralink brain chip really change the world?

The world's richest man is betting heavily on his brain chip, but he has ground to make up. from BBC News https://ift.tt/x9WNvGi

Our Range Rovers are not UK's most-stolen car, says Jaguar Land Rover

The boss of Jaguar Land Rover hits out at what he says is inaccurate reporting about the Range Rover. from BBC News - Business https://ift.tt/yEgO3Ao

Bereaved partners face deadline for claiming financial support for children

Thousands of cohabiting parents whose partners have died have days left to apply for bereavement support. from BBC News - Business https://ift.tt/1dEU0bn

Should we fear an attack of the voice clones?

Audio deepfakes are easy to make, hard to detect, and getting more convincing, experts say. from BBC News https://ift.tt/YITPoqa

TikTok pulls Taylor Swift and The Weeknd's music

It comes after a licensing rights row between the platform and the artists' record label, Universal. from BBC News - Business https://ift.tt/hQepHGW

Zuckerberg wins on Wall Street after Washington hit

The company's shares surge as it reports a jump in users, ad sales and profits, despite Washington concerns. from BBC News https://ift.tt/BuZybWI

Zuckerberg wins on Wall Street after Washington hit

The company's shares surge as it reports a jump in users, ad sales and profits, despite Washington concerns. from BBC News - Business https://ift.tt/7SYzdP0