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.

/by
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.

/by
Warning cost of car insurance to rise this year

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

/by
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.

/by
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.

/by
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.

/by
IMF warns UK government against further tax cuts

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

/by
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.

/by
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.

/by
Elon Musk says Neuralink implanted wireless brain chip

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

/by