Around $125bn of vessels and cargo is stranded in the Gulf as the Strait of Hormuz stays shut. Allianz warns of…
Category: Business
Elon Musk loses his trillionaire crown as SpaceX and Tesla shares slide
Elon Musk Net Worth Falls Below $1tn as SpaceX, Tesla Slide …
Why CIOs Need Facts, Not Optimism
by Business Analysis, The Executive Transformation Created by Accurate Business Analysis This article is the fifth in our series exploring the value of…
Oxford and UCL to lead £60m drive to make AI cheaper for British business
Oxford and UCL will share up to £60m in government funding to develop open-source, lower-cost AI that more UK businesses and…
Stricter returns policies could cost UK retailers £34bn in lost sales, research warns
New Locus research warns UK retailers risk £34.1bn in annual sales as return fees and tighter policies push shoppers to spend…
Stop pretending the EU’s new border system works, airports chief tells politicians
ACI Europe president Stefan Schulte says the EU’s Entry-Exit System is causing hours-long queues and missed flights, and warns of a…
Whitehall has been frozen for six weeks, warns Reeves’s entrepreneurs adviser
Rachel Reeves’s entrepreneurs adviser Alex Depledge says Whitehall has been “frozen for six weeks” and warns the leadership change is a…
Silicon Valley money lands on British AI certifier as John Doerr backs isometric
Silicon Valley billionaire John Doerr has written the second-biggest cheque in a $40m round for Isometric, the London AI certification firm…
StubHub stung for nearly £900k as the CMA cracks down on hidden ticket fees
StubHub has been fined nearly £900,000 and ordered to refund more than 50,000 fans after the CMA found it hid mandatory…
Oracle sheds 21,000 jobs in a year as AI rewrites the payroll
Oracle has shed about 21,000 jobs in a year, blaming AI deployment across its operations, as restructuring costs jump to $1.8bn….