Browsing Category
Business
Young people hit as unemployment rate rises
The UK unemployment rate has risen to its highest level for two years, official figures show.
The unemployment rate grew to 4.1% in the three months to July, compared with 3.9% previously.
Young people were particularly hard hit,!-->!-->!-->!-->!-->…
Read More...
Read More...
Wylfa: Hitachi ‘withdraws’ from nuclear project
Plans for a £15-£20bn nuclear power plant in Wales have been scrapped.
Work on the Wylfa Newydd project on Anglesey was suspended in January last year because of rising costs after Hitachi failed to reach a funding agreement with the UK!-->!-->!-->…
Read More...
Read More...
Wetherspoon: 66 staff test positive across 50 pubs
JD Wetherspoon has said that 66 of its workers have tested positive for the coronavirus but maintains that visiting pubs is safe.
The company, which employs more than 41,000 people, said the vast majority of its pubs had recorded no!-->!-->!-->…
Read More...
Read More...
Unemployment: Planned redundancies twice the rate of last recession
Employers in Britain are planning more than twice as many redundancies than they did at the height of the last recession, new figures show.
About 180,000 job cuts were planned from January to March 2009, while 380,000 were planned from!-->!-->!-->…
Read More...
Read More...
Google says its carbon footprint is now zero
Google says it has wiped out its entire carbon footprint by investing in "high-quality carbon offsets".It became carbon-neutral in 2007 and says it has now compensated for all of the carbon it has ever created.It also aimed to run all of!-->…
Read More...
Read More...
Singapore distributes Covid contact-tracing tokens
Singapore has started distributing Bluetooth contact-tracing tokens to its five million residents to help contain the spread of Covid-19.
The tokens, which can be worn on a lanyard or carried, are a hardware version of its existing!-->!-->!-->…
Read More...
Read More...
ARM: UK-based chip designer sold to US firm Nvidia
UK-based computer chip designer ARM Holdings is being sold to the American graphics chip specialist Nvidia.The deal values ARM at $40bn (£31.2bn), four years after it was bought by Japanese conglomerate Softbank for $32bn.ARM's technology!-->…
Read More...
Read More...
TikTok rejects Microsoft bid at eleventh hour
Microsoft has said that its offer to buy the US operations of hugely popular video-sharing app TikTok has been rejected, paving the way for Oracle to secure a last-minute deal.
US President Donald Trump gave a 15 September deadline for!-->!-->!-->…
Read More...
Read More...
With airline fleets grounded, plane recyclers bet on parts boom
As COVID-19 grounds swaths of airline fleets, companies that profit off the dismantling and trade of aircraft parts are seeing early signs of an expected rebound in activity as carriers accelerate plane retirements.
While companies that!-->!-->!-->…
Read More...
Read More...
Once an American foe, now a friend: OPEC turns 60
In 1973, Arab members of the Organization of Petroleum Exporting Countries brought the U.S. economy to its knees. Now, the cartel created 60 years ago is more likely to do Washington’s bidding.FILE PHOTO: Saudi Arabia's Crown Prince!-->…
Read More...
Read More...