news

A prominent fund manager has cautioned that Rachel Reeves may need to present a second budget if financial markets respond poorly to her upcoming fiscal statement, with government bond yields potentially forcing the chancellor's hand. David Zahn from Franklin Templeton told reporters that yields...

British consumer price increases slowed to 3.6 percent annually, marking the lowest rate in four months as household energy costs rose more moderately and accommodation prices declined seasonally. Chancellor Rachel Reeves acknowledged that living expenses continue to burden families despite the...

Jeff Bezos will resume executive leadership through Project Prometheus, an artificial intelligence startup that has attracted $6.2 billion in initial financing, according to reports. The venture will operate under joint direction with Vik Bajaj, a former Google X executive who previously...

Jet2 chief executive Steve Heapy cautioned Chancellor Rachel Reeves against increasing aviation levies, arguing that higher air passenger duty rates would disproportionately affect lower-income travelers and potentially make foreign vacations unaffordable for working families. The airline leader...

Hewlett-Packard filed a nearly $1.8 billion final damages claim against Mike Lynch's estate in a protracted corporate fraud litigation stemming from the technology giant's troubled 2011 purchase of Autonomy for $11 billion. The reduced figure remains substantially higher than the estimated £500...

Amnesty International demanded that Eswatini authorities unconditionally free former legislators Mthandeni Dube and Bacede Mabuza following King Mswati's conditional pardon that permitted Dube's supervised release while imposing restrictions on political activities and public statements. Deputy...

A Dhaka tribunal convicted former Prime Minister Sheikh Hasina and her interior minister of capital offenses connected to their handling of student demonstrations that resulted in as many as 1,400 fatalities. International Crimes Tribunal chairman Golam Mortuza Mozumder found Hasina guilty of...

A federal court blocked implementation of Texas congressional district boundaries that would have added five Republican seats, determining that legislators engaged in unconstitutional racial gerrymandering when replacing multiethnic voting areas with districts favoring single racial majorities...

Slovenia's parliament approved legislation expanding police authority to enter residences without warrants and conduct video monitoring in designated security zones, drawing criticism from human rights organizations concerned about potential discrimination against Roma communities. Prime...

London-based law firm Ashurst will merge with American legal practice Perkins Coie to form a combined entity generating $2.7 billion in annual revenue, positioning the organization among the top 20 global firms. Chief Executive Paul Jenkins and Managing Partner Bill Malley will serve as...

Music Nation Copyrights Management appointed Aisha Salem-Howey to the newly established general counsel position at the United Arab Emirates music rights organization. Salem-Howey previously served as an intellectual property attaché for the Middle East and North Africa at the US Patents and...

Fortrea appointed Agnieszka Gallagher as general counsel to succeed Stillman Hanson, who departed after completing a planned transition period at the Durham, North Carolina, contract research organization. Chief executive Anshul Thakral stated that Gallagher brings extensive life sciences...

Nvidia reported third-quarter revenue of $57 billion, representing a 62 percent annual increase, while projecting $65 billion for the fourth quarter as demand for artificial intelligence processors continues accelerating. Chief executive Jensen Huang stated that Blackwell graphics processing...

Elon Musk's xAI will become the initial customer for a Saudi Arabian data center housing 600,000 Nvidia graphics processing units, according to an announcement made by Nvidia chief executive Jensen Huang at a bilateral investment forum held in Washington. The partnership involves Humain, a...

Google introduced Scholar Labs, an experimental artificial intelligence search platform that evaluates academic publications without relying on citation metrics or journal impact factors that researchers traditionally use to assess study quality. The company spokesperson, Lisa Oguike, explained...

Yann LeCun is departing Meta to establish a startup focused on developing artificial intelligence systems capable of understanding physical environments and performing complex planning tasks. The 65-year-old scientist, who received the Turing Award for his contributions to deep learning...

Cavela secured $6.6 million in seed financing from XYZ Venture Capital and Susa Ventures to expand its artificial intelligence platform that helps businesses locate manufacturers outside China. The startup deploys autonomous software agents that contact suppliers across more than 40 nations to...

Function Health secured $298 million through a Series B funding round that established a $2.5 billion company valuation, with Redpoint Ventures leading the investment alongside Andreessen Horowitz and various other backers. The healthcare technology firm operates 75 testing facilities across the...

GSC Game World has confirmed that the first downloadable content expansion for STALKER 2: Heart of Chornobyl will arrive within the next calendar year, according to Communications Director Zakhar Bocharov. The PlayStation 5 edition launches after completing its timed Microsoft exclusivity...

Qualcomm has disclosed technical specifications for its Snapdragon X2 Elite Extreme processor, revealing the chip can consume up to 100 watts when operating without constraints in laptop computers. The semiconductor manufacturer is allowing notebook producers to determine appropriate thermal...