FEATURED
COVID 19 Articles
Canada’s Weston family buys Boots for $8.9bn
Canada’s Weston family has acquired UK pharmacy and beauty retailer Boots for $8.9 billion, marking the family’s return to British retail after selling Selfridges in 2022.
AI chip boom pushes Samsung profits to record $80bn
Samsung Electronics projects its quarterly operating profit will surge nine-fold to $80 billion, driven by soaring demand for memory chips used in AI data centers and recent smartphone launches.
3 years on, Israelis grapple with reports Netanyahu was warned before Oct. 7 attacks
Three years after the Oct. 7, 2023 Hamas attacks on Israel, reports emerge that Netanyahu received repeated warnings from regional allies about a potential assault, which he denies.
Wednesday briefing: Is it time to end the Bank of England’s independence?
Parliament’s Treasury Committee is investigating the Bank of England’s independence, as debate grows over whether the central bank should remain autonomous from government control given its significant impact on households and economic policy.
Trending COVID 19 News
Meta ordered to remove UK deepfakes as oversight board criticises ‘inadequate’ safeguards
Meta’s oversight board ordered the tech company to remove deepfake videos of a UK politician and Muslim woman, citing “inadequate” safeguards against AI-generated fake imagery used for harassment.
Amazon doesn’t trust Meta’s Muse AI agent
Meta’s Muse AI agent has been blocked from shopping on Amazon, with the e-commerce giant citing unauthorized access and privacy concerns over the agent’s browsing and credential-handling practices.
U.S. auto market predictions for 2030: More hybrids, no Chinese entrants
A new automotive analyst report predicts Chinese cars will not enter the U.S. market by 2030 due to tariffs and political resistance, while hybrid vehicles are expected to surge to 34% market share.
American Airlines says 30% of seats drive half of revenue as premium cabin rush heats up
American Airlines reports that 30% of its seats generate half its revenue, prompting the airline and competitors to reconfigure planes with more premium cabins to capitalize on higher-spending passengers.
NASCAR CEO Steve O’Donnell talks growth opportunities, possible international expansion
NASCAR CEO Steve O’Donnell highlighted the company’s momentum through streaming partnerships and an upcoming “Days of Thunder” sequel starring Tom Cruise, while expressing openness to international expansion.
Netflix content chief Bela Bajaria defines event strategy as streamer eyes more live sports
Netflix Chief Content Officer Bela Bajaria outlined the streamer’s live sports strategy as focused on creating “event” moments, drawing comparisons between tentpole NFL games and cultural moments like concerts and world championships.
Barclays workers ask for more money to return to the office
Barclays is requiring staff to work in the office at least three days weekly starting next month, prompting union demands for concessions including exemptions and compensation for travel costs.
GM touts new V-8 engines in revived ‘truck wars’ with Ford, Ram amid lackluster EV sales
General Motors unveiled new V-8 engines for its 2027 Chevrolet Silverado and GMC Sierra pickup trucks, intensifying competition with Ford and Ram as EV sales disappoint and regulatory incentives decline.
Japan raises interest rates to 31-year high to curb impact of rising prices
Japan’s central bank raised its benchmark interest rate to 1.25%, the highest level since 1995, joining other major central banks in tightening monetary policy amid global inflation concerns.
Could trees developed with gene-editing technology protect Florida’s citrus industry?
Florida citrus growers are planting trees genetically modified to resist citrus greening, a disease that has devastated the state’s industry since arriving in 2005.
UK startup snares $20m to recreate gigs with ‘hyper-realistic’ digital avatars
UK startup Unit1 has raised $20m in funding to create digital avatars of musicians for virtual concerts, combining archive footage and live performers on stage alongside projected performers.
More Australians will be dying than being born in 40 years as major report predicts future of lower growth
Australia’s government intergenerational report projects more deaths than births within 40 years as population growth slows and the economy enters a period of lower expansion.