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08.08.2024 - 16:16
Business
Sky News
UK investigation launched into Amazon’s £3bn AI startup investment
The UK’s competition regulator has launched an inquiry into Amazon’s investment of over £3bn into an artificial intelligence (AI) startup as regulators ramp up their scrutiny of mergers involving the fast-growing technology.The deal, which was announced by Amazon in March, included a $4bn (£3.16bn) investment into Anthropic and a commitment from the AI startup to …
08.08.2024 - 15:44
Business
Sky News
‘We have lost a lot’: Children of Post Office victims meet Fujitsu boss
The children of Post Office victims have met with a Fujitsu boss, describing “what felt like a sincere apology” from him.A group called Lost Chances spoke to Paul Patterson, a day after former sub-postmasters also met with him. Mr Patterson, who heads up the European arm of Fujitsu, has been holding a series of face-to-face …
08.08.2024 - 10:28
Business
Business Live
Humber Freeport marks first year of impact with £1bn of investment pledged
Humber Freeport bosses are toasting a first year of investment and innovation after seeing more than £1bn pledged into projects set to create more than 700 skilled jobs. Twelve months on from the launch of Humber Freeport, major investments from global businesses have been committed to the sites in Hull and Goole, which will bring …
08.08.2024 - 10:17
Business
Sky News
British Airways halts flights to Beijing
British Airways (BA) has announced it is scrapping flights between London and Beijing.The carrier said it was “pausing” its service from the end of October until at least November next year. Flights to Shanghai and Hong Kong will continue, BA added.It comes amid weaker demand and a ban on UK flights over Russian airspace, which …
08.08.2024 - 09:41
Business
Evening Standard
Savills signals ‘early signs of market recovery’ as revenues grow
Our unmissable weekly email of all the gossip, rumours and covert goings-on inside the Square MileSign upI would like to be emailed about offers, event and updates from Evening Standard. Read our privacy notice.Estate agency firm Savills has revealed a lift in revenues as it cheered “early signs of market recovery”.Profits also jumped as the …
08.08.2024 - 08:49
Business
Evening Standard
New stamps marking the history of the Tower of London
Our unmissable weekly email of all the gossip, rumours and covert goings-on inside the Square MileSign upI would like to be emailed about offers, event and updates from Evening Standard. Read our privacy notice.A special set of stamps is being issued marking the history of the Tower of London.Royal Mail has partnered with Historic Royal …
08.08.2024 - 08:17
Business
Sky News
‘How much bigger can Cruisezilla giants get?’: Warning about cost to environment as cruise ships continue to grow
Cruise ships have doubled in size in just two decades and now have up to 40 restaurants and seven swimming pools onboard, according to new analysis warning of their environmental impact.The cruise business is the fastest-growing tourism sector and the number of ships has soared – from 21 in 1970 to 515 today. If the …
08.08.2024 - 08:09
Business
Evening Standard
Two-thirds of people struggling to afford foreign holiday – survey
Our unmissable weekly email of all the gossip, rumours and covert goings-on inside the Square MileSign upI would like to be emailed about offers, event and updates from Evening Standard. Read our privacy notice.Two out of three people (66%) are struggling to afford a foreign holiday, a new survey suggests.Many of those feeling the pinch …
08.08.2024 - 07:38
Business
Evening Standard
Persimmon ups guidance amid ‘encouraging’ Labour planning reforms
Our unmissable weekly email of all the gossip, rumours and covert goings-on inside the Square MileSign upI would like to be emailed about offers, event and updates from Evening Standard. Read our privacy notice.Persimmon says it will build about 10,500 homes this year, at the top end of previous forecasts, and said it has already …
08.08.2024 - 05:44
Business
Sky News
‘90% chance of interest rate cut this autumn’ as jobs market cools
The prospect of the Bank of England cutting interest rates further in the near future has been raised after a closely watched report suggested the UK jobs market is showing signs of cooling.Researchers found the pace of pay rises slowed last month, while the hiring of temporary and permanent staff continued to decline. The report, …
08.08.2024 - 05:08
Business
Sky News
Saatchi turns page on Telegraph after £350m offer rejected
Lord Saatchi, the former advertising mogul, has accused The Daily Telegraph’s would-be proprietors of overpaying for the right to own the title after his £350m offer for it was rejected.Sky News has learnt an indicative bid from Lord Saatchi and Lady Lynn Forester de Rothschild, a former director of The Economist Group, has not made …
07.08.2024 - 16:54
Business
Sky News
Fujitsu boss tells Sky News of ’emotional’ first face-to-face meetings with Post Office victims
The boss of Fujitsu’s European arm has apologised in person to former sub-postmasters.Speaking following the meetings in London, Paul Patterson told Sky News he was “really grateful for their time”. He described “a really good conversation” held in private.“It’s not for me to get into that now – it was actually quite emotional to hear …
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