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Elon Musk turns up at Twitter HQ carrying a sink as takeover nears completion
Elon Musk has been seen entering Twitter HQ carrying what appears to be a sink.Mr Musk tweeted a video showing himself walking into the building in San Francisco a day after reports that he could close his $44bn takeover of the site by the end of this week. The 51-year-old captioned the video: “Entering Twitter …
Business
Sky News
Made.com stops taking customer orders after rescue talks fail
Online furniture retailer Made.com has stopped taking customer orders after rescue talks failed.The British company said on Tuesday that talks with potential buyers had ended, warning that if funding could not be raised before it ran out of cash, it would take “appropriate steps to preserve value for creditors”. On Wednesday, the business said its …
Press Release
Pressat
Press Release: University Preacher Urges Vegan Diet
University Preacher at the University of St Andrews has urged Christians to adopt a vegan diet for the sake of animals and the environment. Preaching on Animal Welfare Sunday, Dr Clair Linzey argues that we should move to a plant-based diet as envisaged in the first chapter of Genesis. “God blesses humans and gives them …
Business
Sky News
Fracking ban reinstated as another Truss policy is reversed
Rishi Sunak is reinstating the ban on fracking that Liz Truss controversially lifted.During Prime Minister’s Questions on Wednesday, the new prime minister said he stands “by the manifesto” on fracking. The Conservative 2019 manifesto placed a moratorium on fracking in England following opposition from environmentalists and local communities.Mr Sunak‘s spokesman explicitly confirmed he was reinstating …
Business
Sky News
End of an era for Ford, struggling air passenger numbers and commitment from big bank
Wilf Frost steps in for Ian King for today’s business podcast, where he speaks to the boss of Heathrow Airport, which is still struggling post-pandemic. He also sits down with the head of Bank of America, who tells him he’s “committed” to the UK, despite recent political and economic turmoil.And there’s also news that the …
Business
Business Live
Confirmed: Jeremy Hunt’s fiscal plan delayed by two weeks to become ‘Autumn Statement’
Downing Street has said that an autumn statement will now be delivered on November 17, not on October 31 as originally planned. According to a Cabinet readout: “The Chancellor updated the Cabinet on the timing of the fiscal event. The Prime Minister and the Chancellor agreed that the fiscal event would now take place on …
Business
Business Live
Plymouth luxury yacht firm sails past ‘pingdemic’ to narrow losses
The UK’s largest luxury boat builder Princess Yachts has almost halved its losses after turnover sailed past the previous year’s total, despite “significant headwinds” for production such as the Covid-19 “pingdemic”. The Plymouth-based manufacturer, which sells yachts to a global network of independent distributors, reported revenue of £312.4m to the end of December 2021 – …
Business
Evening Standard
Heathrow warns 13,000 more staff needed to keep up with demand
Heathrow today warned a further 13,000 staff need to be hired at the airport if it is have any chance of coping with expected levels of passengers on its busiest days.In a statement with its results for the first nine months of the year said more than 18 million passengers used Heathrow over the summer …
Business
Business Live
Regional expansion planned for The Muddler pan Asian restaurant and cocktail bar brand
A leisure company is expanding its popular pan Asian restaurant brand The Muddler around the North East. Newcastle based Danieli Group opened the doors to The Muddler on Newcastle’s Grey Street in 2018, offering dim sum, Asian style tapas and more substantial dishes alongside an extensive cocktail list. Its popularity led to the company – …
Business
Evening Standard
Santander boosted by interest rate hikes but braces for mortgage hit
Banking giant Santander has seen its profits boosted by higher interest returns but cautioned that rates could peak at 6% in 2024 if inflation remains stubbornly high.The Spanish retail bank reported pre-tax profits of £1.5 billion for the nine months to September 30, 4% higher than the £1.4 billion it made last year.Higher net interest …
Business
Evening Standard
Higher prices push down buys but push up revenue for Reckitt
Customers are choosing to buy fewer products from Dettol and Durex maker Reckitt, but are still spending more, the business revealed on Wednesday.The business said that it had jacked up prices by more than enough to see revenue soar in the last quarter.But those price rises – around 12% on average – are leading customers …
Business
Evening Standard
Emotion analysis technology could lead to discrimination, watchdog warns
Businesses should not rely on “immature” biometric technologies that claim to offer emotional analysis of staff, the Information Commissioner’s Office (ICO) has said, warning that such technology could discriminate against some people.The data protection watchdog’s intervention refers to AI-powered technology which claims to analyse things such as facial movements and expressions, gait, and even gaze …

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