Entries by BBC News - Business

Microsoft says AI is getting deployed ‘at scale’

The tech giant's AI success has caused shares to surge, after its market value passed $3tn.

Sky to cut 1,000 jobs in move towards digital

The firm will cut 4% of its workforce, mainly from its engineering arm, as fewer people use satellites.

Warning cost of car insurance to rise this year

The Financial Conduct Authority says it was "monitoring" the sharp rise in insurance premiums.

Morrisons agrees to sell forecourts arm in £2.5bn tie-up

Motor Fuel Group will also take on hundreds of Morrisons' electric vehicle charging sites.

Number of companies going bust hits 30-year high

More than 25,000 firms went under last year in England and Wales, as they struggled with rising costs.

UPS to cut 12,000 jobs after ‘disappointing’ year

The parcel delivery giant said it was looking for $1bn in savings, as AI makes up for the jobs.

IMF warns UK government against further tax cuts

The International Monetary Fund suggests pencilled-in spending cuts from this year are unrealistic.

HSBC fined £57.4m for customer deposit protection failings

The Bank of England says there were "serious failings" in HSBC's measures to protect customer deposits.

Toyota recalls 50,000 US vehicles over airbag ‘injury or death’ fears

The motor industry giant has warned that Takata airbag inflators could explode and kill people.

Elon Musk says Neuralink implanted wireless brain chip

The company intends for such chips to eventually help tackle complex medical conditions.