Thursday, February 29, 2024

Could product passports revolutionise the way we shop?

The EU is introducing digital passports for products that detail their composition and production history.

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".

AI optimism sends Nasdaq to new post-Covid high

Investors expect artificial intelligence to unleash a new wave of growth.

Wednesday, February 28, 2024

Catalonia's farmers demand more help over drought

As Spain continues to be blighted by a lack of rain, farmers want more government assistance.

Family lose £165 Ryanair check-in dispute

An airline dispute resolution scheme ruled that had Damian Lloyd had checked out his family.

Tuesday, February 27, 2024

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.

Monday, February 26, 2024

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.

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".

US challenges Kroger Albertsons deal warning of higher prices

The Federal Trade Commission says combining Kroger and Albertsons would be bad for American shoppers.

Boeing review finds 'disconnect' on safety

A report ordered by the government finds "gaps in Boeing's safety journey".

Sunday, February 25, 2024

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.

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.

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.

Friday, February 23, 2024

AI chip firm Nvidia valued at $2tn

Booming business at Nvidia sees investors bet the AI revolution will live up to its "hype".

Thursday, February 22, 2024

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'.

Reddit moves forward with share listing plan

The filing offers a glimpse of the company's efforts to turn online popularity into profit.

Wednesday, February 21, 2024

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.

Boeing 737 Max boss out after blowout

The company says leadership changes are meant to improve the quality and safety of its planes.

Tuesday, February 20, 2024

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.

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.

Families' shock as cost to take pets abroad hiked

Some owners say they may have to leave their pets behind after a major travel firm raised its prices.

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.

Infant milk market investigated over high prices

UK competition watchdog will use legal powers to probe why formula prices are "historically high".

Monday, February 19, 2024

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

Salad crops are grown indoors under lights three times faster than in traditional agriculture.

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.

Cameron government knew Post Office ditched Horizon IT investigation

Documents show the secret investigation may have helped wrongly accused postmasters prove their innocence.

Stats watchdog criticises Treasury tax cut claims

Two Treasury ministers, Laura Trott and Bim Afolami, have been criticised over recent claims on tax cuts.

New controls on holiday lets to be introduced

From the summer, planning permission may be needed to turn homes into new short-term lets.

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.

Sunday, February 18, 2024

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

The figures mark some rare good news for the world's second-largest economy.

Post Office not asked to stall payouts, says government

Claims by the former Post Office chairman that compensation was delayed to help the government are denied.

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.

Friday, February 16, 2024

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.

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.

Thursday, February 15, 2024

What are UK interest rates and when will they fall?

Bank of England interest rates affect the mortgage, loan and savings rates for millions of people.

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.

Xbox, Nintendo or PlayStation: does it still matter?

Why the war between the big games console makers may be coming to an end.

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.

Wednesday, February 14, 2024

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.

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.

Tuesday, February 13, 2024

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.

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.

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.

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.

Monday, February 12, 2024

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%.

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

The firm behind the Squishmallows cuddly characters has kicked off a courtroom copyright fight.

Paytm: Rockstar Indian fintech start-up faces serious crisis

Paytm - India's famous payments app - is facing a regulatory crackdown that's impacting millions.

Northern Ireland companies report surge in confidence

Manufacturing, services and retail reported an increase in business activity in January.

Sunday, February 11, 2024

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.

Water company bosses could see bonuses stopped over sewage spills

Breaches of environmental rules should cost bosses their bonuses, the environment secretary says.

Uber makes changes to Super Bowl ad after backlash

The firm has edited its advert that was criticised for making light of food allergies.

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.

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.

Fujitsu bosses paid £26m during Horizon contract

Accounts show former execs made millions while sub-postmasters were chased for thousands.

Friday, February 9, 2024

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

Roger Gilbert says he believed the Post Office was acting "honestly and competently" in prosecutions.

Why the e-bike boom is raising fire fears

Sales of electric bikes are booming but defective batteries and chargers can cause fires.

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.

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.

Thursday, February 8, 2024

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

The cost of the key ingredient for making chocolate has roughly doubled since the start of last year.

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.

Yodel 'exploring options' amid speculation over future

Reports suggest the courier firm, which employs about 10,000 people, could fall into administration.

Wednesday, February 7, 2024

Disney: Chief executive Bob Iger bets on Fortnite and Taylor Swift

The announcement comes a day after the firm said it will launch a sports streaming service with Fox and Warner.

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.

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.

Tuesday, February 6, 2024

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.

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.

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.

Monday, February 5, 2024

Owner of 'Russia's Google' pulls out of home country

The firm has previously been accused of hiding information about the Ukraine war from the Russian public.

Final scheduled cost-of-living payment being paid

The £299 payment is being paid automatically to eight million people on low incomes and receiving benefits.

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.

Arrival: Electric van maker's UK arm enters administration

The UK-based operations of Arrival - once worth billions - have been placed in administration.

Sunday, February 4, 2024

Parisians vote for rise in parking fees for SUVs

The vote was called by mayor Anne Hidalgo, who says SUVs are dangerous and bad for the environment.

Should more British homes be built using straw?

Cheap, highly insulating and sustainable, straw has a lot of potential for the building industry.

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.

Facebook at 20: Four ways the app changed the world

How the world's most popular social network has altered society, business and politics

Friday, February 2, 2024

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.

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.

Thursday, February 1, 2024

AI will not be the destroyer of jobs - Bank chief

Bank of England governor says AI has "great potential" as Lords report urges UK to embrace AI.

Water bills to rise above inflation in April

Water companies in England and Wales expect an increase of 6%, with an 8.8% rise in Scotland.

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.