Britain has some good news: inflation is falling. For the first time in years, the rate of inflation fell to 1.7% in September from 2.2% in August, ending a long spell of annual upward momentum. This is the first time inflation has been that low since 2021, and these new possibilities about the country's economy …
Last week, Tesla staged an exciting event called "We, Robot," but instead of knocking the investors' socks off, the whole affair ended up leaving most of them scratching their heads. The program was held at a ritzy Hollywood studio-like venue, a perfect setting for what some are now referring to as a big show of …
Walgreens, one of the largest pharmacy chains in the U.S., is facing tough challenges. On Tuesday, the company announced it would be closing 1,200 stores over the next three years. This decision comes as new CEO Tim Wentworth tries to turn things around for the struggling company. Walgreens has been hit hard by slow consumer …
Google will turn to nuclear energy for powering its data centers. This may come as something of a surprise because nuclear power is not commonly associated with companies that are famous for search engines and cloud services. The reason for this interest lies in the gigantic amounts of energy required by AI technology. A lot …
The UK is getting closer to a faster, more reliable internet system by bidding adieu to old copper landlines and embracing Full Fibre broadband. It has been changing the country, and now another 79 follow suit by saying goodbye to the landlines. The places that will henceforth ditch the landlines are now marked, and if …
Big changes for South Wales! Imagine clean, reliable energy for over 244,000 homes from tiny nuclear power plants. This is not science fiction but a real project proposed by a company called Last Energy. These new micro nuclear plants are slated for South Wales and could bring big benefits to the local community in the …
A new development which portends faster and efficient trades of securities has brought joy among European asset managers. Regulation in Europe is finalizing its move to shift from the old T+2 to the faster T+1 settlement system, which means trades will now clear within one day. This will be processed smoother and cheaper, and thus …
The UK will face a shockingly new wave of high energy bills unless it works to lower its heavy reliance on gas. Experts at the Energy Crisis Commission have an urgent warning: a woefully unprepared country for another energy crisis. "Unless something fundamentally changes very quickly, we'll see sharper increases in the energy costs that …
Bellway, another household-name developer, is back in the frame. Last week it revealed it needed to spend an extra £14.1m to put right defects at a building it had built in south London. This isn't the first time Bellway has had to call into its account to pay for this project—13 years ago, a block …
That's a shrewd move to get the UK economy off to a running start: the Labour government has already delivered its first international summit into major investments. Guess what? It has already secured a staggering £63 billion from private sector promises! That's right: £63 billion fresh cash into the country, with plenty more to come. …
From remote controls to change TV channels, vapes to some junkies and other daily used batteries, everywhere. So, what happens when these used batteries become waste? Well, if not disposed of in a correct manner, they can be a hazard. Several incidents of fires have been reported from recycling centres across the country due to …
The International Monetary Fund recently raised an alarm bell: global debt is growing at the fastest rate in history and threatens the world economy at large. Government debt worldwide stands at $100 trillion by the end of 2024, meaning the corresponding debt liabilities would be about 93% of world GDP. According to experts' warnings, if …
Boeing, the world's biggest airplane manufacturer, is facing some of its toughest days. The stiffest challenge it currently faces starts from the massive strikes held by its workers to the issues meant for safety inside its airplanes. As if that was not enough, Boeing has taken a decision to raise a staggering sum of $25 …
Millions of pensioners in the UK will be looking forward to a pleasant surprise. State pension is likely to increase more than what the forecasts predicted, bringing some extra cash into their pockets from April next year. According to new figures from the Office for National Statistics, the rise is expected to be bigger than …
