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Showing posts with the label BBC News - Business

US lawmakers reach deal to temporarily avert government shutdown

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The tentative budget agreement still needs to be voted on by the full House and Senate.

Catalonia's farmers demand more help over drought

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As Spain continues to be blighted by a lack of rain, farmers want more government assistance.

Apple unplugs self-driving electric car project, reports say

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The firm never acknowledged the project publicly but had recruited about two thousands workers.

Why Google's 'woke' AI problem won't be an easy fix

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The firm paused its AI image generation tool after claims it was over-correcting against the risk of being racist.

Ministers consider new vaping tax at Budget next week

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Ministers fear that the relatively cheap cost of vaping makes it more accessible for young people.

Reading-London Paddington route set for overhaul

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A spate of failures include broken rails, signal faults and passengers stranded due to damaged cables.

Top Disney movies boss steps down in shakeup

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Sean Bailey, the boss of the media giant's live-action film studio, stepped down after 15 years.

Hunt must spell out how tax cuts would be paid for - IFS

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The Institute for Fiscal Studies think tank says the case for cutting taxes is "weak".

HS2: Midlands and northern England to get 'reallocated' funds

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Labour says the plans are a "reannouncement" of funds from scrapping parts of the high-speed line.

Why some cyber-attacks hit harder than others

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The British Library has been hobbled for months by a cyber-attack and experts warn of similar damage ahead.

Red Sea attacks delaying goods and pushing up costs, firms say

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Houthi attacks are increasing costs and causing delays, the British Chambers of Commerce says.

The staff shortage in India's special effects industry

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With international studios sending more work to India, the industry is struggling to train enough staff.

The 'mind-bending' bionic arm powered by AI

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BBC Click reporter Paul Carter tries out a high-tech prosthetic promising a 'full range of human motion'.

Reddit moves forward with share listing plan

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The filing offers a glimpse of the company's efforts to turn online popularity into profit.

Lloyds sets aside £450m for car finance probe

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An investigation into whether brokers charged people too much interest to buy a motor was recently launched.

Japan's main stock index closes above 1989 record high

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The benchmark Nikkei 225 closed at 39,098.68 on Thursday, surpassing the all-time high set 34 years ago.

Nvidia: Boss sees artificial intelligence 'tipping point' as sales soar

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The chip giant's shares have risen by more than 200% in the last year, driven by the AI boom.

More drug than drink-driving arrests by some forces

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Drug driving is becoming more prevalent in younger groups, says one of Britain's top police officers.

HSBC: Bank's pre-tax profits soar fuelled by high interest rates

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Europe's biggest bank, HSBC, has reported a jump of almost 80% in its annual profit in 2023.

Amazon founder Jeff Bezos completes $8.5bn share sale plan

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The firm said this month that its founder would sell up to 50 million shares over the next year.