ScotRail Temporarily Trims Timetable Due to Pay Dispute With Staff. This move is designed to minimize hassle to passengers. Nearly 600 services have been axed as of Wednesday to ensure "certainty as well as reliability". This follows the decision of four unions to reject last week a pay offer by the company, which translated to …
Dyson is expected to slash about 1,000 jobs in the UK, preparing to scale-down its headcount to the extent of over a quarter. The idea of cost-cutting began with Dyson's headquarters moving to Singapore last year and continues with its need to reposition for the future. Famous vacuum cleaner brand Dyson is now set to …
The government is setting up a new national wealth fund to pull together key financial institutions in order to increase economic growth and private investment in the country. This will support new industries, create jobs, and fight climate change by enabling investments in green energy and other priority sectors. The UK government has announced a …
Thames Water is lumbered with £15.2 billion of debt and must attract new investors by next June or risk running out of cash. The firm has been criticized over sewage pollution and leaky pipes but has pushed up profits. Still, its significant financial challenges could see it fall into government hands unless funds can be …
The North American part of the large events company Ticketmaster issued caution to customers after a massive hack in May led to 560 million of its users' personal details being stolen. It has asked customers to be cautious by watching their accounts and subscribing to identity monitoring services in case of misuse by cybercriminals out …
The FTSE 100 declined as the shares of BP and Burberry dropped. It issued a warning that profits would take a hit of $2 billion, while the latter was considering potential job cuts. On the other hand, US technology stocks gained on interest in the Fed's imminent decisions over interest rates. The FTSE 100 fell …
Brookfield, one of the large Canadian private capital firms, is eyeing a start-up in the insurance company business within the UK and trying to capitalize on the increasing pension insurance market. Rising interest rates improved strained pension plans, boosting insurance that covers those plans. Brookfield's foray is upping the ante in an increasingly crowded market …
More than 3,000 laborers in an Amazon warehouse based in Coventry are in a ballot for a crucial vote that could grant them union rights to negotiate good pay and better conditions. That would be a landmark moment as protests and support came from unions across the United Kingdom. Over 3,000 employees in an Amazon …
Today, the FTSE one hundred index in London remained unchanged at eight,203 factors. Carlsberg introduced plans to buy Britvic, while Metro Bank objectives to promote off its £three billion loan portfolios. Chancellor Rachel Reeves mentioned new housebuilding initiatives, impacting markets and investor sentiment. Today marked a day of cautious movements within the inventory market. The …
The coveted blue badge – a symbol of online legitimacy and, for some, a gateway to social media stardom. Meta Verified, the recently launched subscription service from Meta (formerly Facebook), promises just that – verification for your Facebook and Instagram profiles for a monthly fee. But is it worth the investment, or simply a fad …
Tech billionaire Elon Musk has called for an FBI investigation into the connections between Jeffrey Epstein and prominent figures like Bill Gates and Reid Hoffman. Musk has been outspoken about what he perceives as a cover-up regarding the undisclosed list of celebrities linked to Epstein. “When is there not one – just one – even …
Apple has permitted Epic Games' market app for iPhones and iPads in Europe. This selection follows a lengthy dispute between the two organizations. Epic accused Apple of blocking off their efforts to installation a game store. This approval marks a great step in their ongoing felony warfare over app shop practices. Apple has subsequently authorized …
Amazon has become synonymous with American consumerism. Need groceries? Get them delivered with Amazon Prime. Buying a present for your mother-in-law? Amazon Prime. Want to watch Meghan Markle in 'Suits' before she became the Duchess of Sussex? Try Prime Video. You get the idea. Founded by Jeff Bezos in his garage in Washington state on …
A giant green gas plant being built in Rotterdam by Shell has been paused at the expense of the affected company to the tune of a billion dollars. It was to help airlines cut carbon emissions. With rising costs and occasional fees, Shell halted the undertaking, disappointing airways that wished for more sustainable fuels. The …
