Posts

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.
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IMF warns UK government against further tax cuts
The International Monetary Fund suggests pencilled-in spending cuts from this year are unrealistic.
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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.
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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.
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Elon Musk says Neuralink implanted wireless brain chip
The company intends for such chips to eventually help tackle complex medical conditions.
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US weapons sales abroad hit record high in 2023, boosted by Ukraine war
Sales negotiated by the US government spiked 56%, as Russia's invasion of Ukraine stoked demand.
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‘We’re the country of beef, but we only eat chicken’
Argentina is divided over the new president's plans for its troubled economy.
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India’s ancient carpet weaving industry meets AI
Kashmir's handmade carpet industry is trying to maintain its traditions while staying competitive.
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Phone and broadband users face ‘unfair’ price hikes says Which?
The consumer group says phone and broadband providers should abandon "grossly unfair" plans to raise prices this spring.
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Lower cost of tea eases January price rises
Discounts during the January sales and a cheaper cup of tea helped slow the rate of price rises.
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