Bus drivers in Liverpool were on the brink of striking over claims they worked for much lower wages than peers at another company. The strike has since been called off, after bus company bosses agreed to higher wages for drivers. Balloting is now due to take place on whether they will accept that new offer. …
Microsoft will not have an observer seat on the board of OpenAI. Apple's possible similar role is also affecting the decision. In general, regulators are looking at how big tech firms are cooperating with AI startups to ensure competition stays fair and development is safe. Microsoft has announced it will step down from its observer …
Crest Nicholson is considering a brand new, advanced provide from Bellway, valuing the house builder at around £720 million. After rejecting in advance bids and some other provide from Avant Homes, Crest Nicholson's directors are now leaning closer to accepting Bellway’s inspiration, which might see their shareholders hold an 18% stake in the mixed corporation. …
Recent speculations had tipped interest rates to be slashed by the Bank of England this August. However, one of the main members presiding over the rate-setting committee at the Bank of England has cast a doubt over that possibility. With inflation not entirely ruled out, and uncertainties looming large over the economy, the BoE might …
Adam Winslow took over the lead role of CEO at Direct Insurance Line Group, shifting all chances beyond car insurance to fuel growth and returns of the business. He plans to unwrap businesses in home, rescue, and commercial insurance and also takes another look at the motor insurance segment. This aims to come up with …
Flight cancellations due to the pilot's falling ill landed in the favor of a couple seeking compensation, according to a Supreme Court ruling. The court agreed that the pilot's falling ill didn't represent an "extraordinary circumstance." In light of the UK's decision to leave the EU, this judgment further strengthens passengers' rights under EU flight …
A recent paper in Nature Communications is the first to identify behaviors that have a large effect on the dementia risk in middle-aged and older people. A cross-sectional survey was used based on observational data from 15-year follow-up of 32,033 cognitively healthy adults in 14 countries across Europe with ages between 50 to 104 years. …
Fundsmith Equity manager Terry Smith, like many other professional investors, continues to navigate the challenge of global stock market returns being significantly influenced by a handful of US technology companies. In a communication to investors, Smith highlighted that during the first half of 2024, nearly half of the 17% sterling return of the S&P 500 …
Direct Line, a prominent motor insurer in the UK, is shifting its strategy by listing its flagship brand on price comparison websites for the first time. This move reflects the growing dominance of these platforms in the UK insurance market, where approximately 90% of customers seek new policies, according to Direct Line CEO Adam Winslow. …
A truly historic moment for Europe’s space activities, the European Space Agency (ESA) accomplished the successful launches of the newest heavy-lift rocket system, the Ariane 6, from the well-known Europe’s Spaceport in French Guiana. This inaugural mission known as VA262 is a major milestone that has placed ESA in a better strategic position and offered …
Martin Lewis has raised an alert regarding the widespread misuse of celebrity profiles in scams, with even the Money Saving Expert himself being prominently targeted. Among the personalities frequently exploited in online scams are "The King," Taylor Swift, Elon Musk, and Adele, according to data analyzed by MoneySavingExpert.com from Action Fraud reports spanning 2022 and …
As Alec Baldwin's trial begins, a jury of 12 has been selected to determine his responsibility in the tragic shooting on the set of "Rust." The incident resulted in the death of cinematographer Halyna Hutchins and injury to director Joel Souza. In Santa Fe, Baldwin arrived at the courthouse accompanied by his wife Hilaria and …
Teenage Spanish midfielder Lamine Yamal described scoring a crucial 20-yard equalizer against France in Tuesday's Euro 2024 semi-final as a dream come true. Yamal, who has been one of the standout young talents in the tournament, said he felt a surge of confidence when he received the ball from Dani Olmo. Trusting his instincts, he …
Members of the National Samsung Electronics Union (NSEU) in South Korea initiated a walkout on Monday in protest of pay and working conditions. However, tensions over the perceived impact of the strike and a lack of new negotiations have spurred the union to escalate its stance. The union disputed claims by Samsung, the world's largest …
