Klarna, a well-known company that lets people buy things now and pay later, is making big changes. They plan to use artificial intelligence (AI) to reduce their workforce by nearly half. This means going from 5,000 employees down to just 2,000. Klarna says AI will help in areas like marketing and customer service, allowing them …

Labour’s big plan to build 1.5 million homes is facing a major hurdle: water bills. According to David Henderson, the CEO of Water UK, unless water companies are allowed to raise their bills significantly, they won’t be able to support the government’s ambitious housebuilding target. He explained on BBC Radio 4’s Today programme that without …

BHP, one of the world's biggest mining companies, recently shared some exciting news. The company’s revenue grew by 3%, reaching a whopping $55.7 billion. This growth was largely due to higher prices and increased sales of copper and iron ore, even though prices for coal and nickel dropped. BHP’s cash profit also went up by …

Defense companies are in the spotlight as the demand for military equipment has skyrocketed since the conflict in Ukraine began in 2022. This surge has led to massive orders and a significant increase in production for companies like BAE Systems and Thales. But while business is booming, these firms are anxious about whether this demand …

Early on Tuesday morning, a routine maintenance task at Atlanta's bustling Hartsfield-Jackson International Airport took a tragic turn. Around 5 a.m., a tire on a Delta Air Lines plane suddenly exploded as it was being removed in a maintenance area. This unforeseen incident resulted in the death of two people and left a third person …

Imagine driving your shiny new car off the lot, proud of your latest purchase, only to discover that almost a quarter of people don't even realize you've just picked up a brand-new vehicle. Sounds disappointing, right? That's because many drivers don’t fully understand how number plates work, even though these plates are essential for identifying …

Earlier this year, Rhian-Mari Thomas, head of the Green Finance Institute (GFI), found herself in the snowy peaks of Davos, ready to make an important pitch to Rachel Reeves, the UK’s future chancellor. The GFI, a government-supported organization that promotes environmentally friendly financial products in the UK, had been keeping a close eye on Labour's …

Klarna, the well-known "Buy Now, Pay Later" (BNPL) company, has made a surprising turnaround this year. After facing a significant loss in 2023, the company has now reported a profit in the first half of 2024. This is a big deal, especially since Klarna is one of the leading players in the BNPL sector, which …

If you're a fan of Pret A Manger, you might want to hurry to claim your free coffees because a major change is coming soon. The well-loved coffee chain is about to make some big adjustments to its loyalty program, known as Club Pret. This change means that if you've been enjoying your daily dose …

FTSE 100 Index Climbs with Commodity Stocks Leading the Way The FTSE 100, an index that tracks the performance of 100 major companies listed on the London Stock Exchange, saw a notable increase on August 27. The index climbed by 52.73 points, reaching a value of 8380.51. This 0.6% rise was largely driven by stronger …

Nvidia has been at the center of the AI revolution, making it one of the most important companies in the stock market. Over the past two years, Nvidia's value has skyrocketed, mainly because of the growing demand for AI technology. As a result, Nvidia's stock has become a favorite among investors. But with great success …