Qantas may hike fares and expand Jetstar add-on fees as profits dip to four-year low
Qantas reported its lowest pre-tax profits in four years due to fuel costs, signaling potential fare increases and expanded add-on fees for budget carrier Jetstar.
City firms race to prepare for FCA crackdown on bullying and harassment
The FCA will expand its crackdown on bullying and harassment to approximately 40,000 investment firms, hedge funds, and brokers starting next month, requiring companies to report serious misconduct cases.
Why Japanese firms are being so slow to use AI
Japanese companies are adopting artificial intelligence at a much slower pace than their US and UK counterparts, with only 8.4% of workers using AI compared to 50% in the US, due to risk aversion and cultural factors.
New York unseats San Francisco as the top market for tech talent, CBRE reports
New York has surpassed San Francisco as the top U.S. market for tech workers, driven largely by AI job growth and Bay Area contractions, according to a CBRE report.
Goldman Sachs partner warns of ‘huge danger’ in letting AI replace bankers’ reasoning skills
A Goldman Sachs partner warns that widespread AI adoption in banking risks eroding junior bankers’ analytical and reasoning abilities, potentially undermining Wall Street’s traditional apprenticeship culture.
Pubs, bars and hotels report ‘Burnham bounce’ in optimism but call for further tax relief
Hospitality sector businesses report increased optimism following government tax relief measures, though industry leaders warn additional tax cuts are needed to sustain momentum and address rising operational costs.