Business
London is the world’s top talent magnet, eclipsing Amsterdam and New York. Yet it’s this country that beckons most
“London’s position as the most desirable city, a position it has retained for many years, is both a promise and ...
Volvo Cars core operating profits rise in first quarter on higher retail sales
Swedish automaker Volvo Cars on Wednesday reported an uptick in first-quarter core operating profits driven by strong retail sales.
Swiss pharma giant Roche’s first-quarter sales edge higher as its emerges from post-Covid-19 slump
Roche lowered its 2024 growth outlook in February as it continues to confront a drop-off in demand for its Covid-19 ...
Amazon is opening cloud regions in Southeast Asia to meet customer demand, CTO says
From startups to government agencies, Amazon CTO Werner Vogels said customers “have been asking” for local data residency.
How young South Africans are rethinking Nelson Mandela’s legacy
Some of those born after the end of apartheid are taking inspiration from the radical politics of Winnie Madikizela-Mandela
Why Nissan needs more than a gamble on solid-state batteries
Japanese carmaker has fallen behind in electric vehicle race and lacks scale needed to compete globally
Have UK asset managers lost their way?
The industry has not had much to celebrate of late but some things are looking up
A celebration of diversity, national pride, and the power of pop and glitter – here’s a guide to all things Eurovision
This year marks the 50th anniversary of Eurovision’s most iconic moment, ABBA’s victory in the 1974 contest with “Waterloo.” Read More
The BBC is moving fast and showing that humans must always come first
The world’s leading public broadcaster is investing in pilots to demonstrate AI’s potential as a positive force in the media ...
‘A real wildcard’: World’s largest wealth fund issues inflation warning on hot commodity markets
The chief executive of the world’s largest wealth fund says there are many wildcards in financial markets right now.
China’s Xiaomi is selling more EVs than expected, raising hopes it can break even sooner
Chinese smartphone company Xiaomi aims to sell at least 10,000 pure electric cars a month, for more than 100,000 deliveries ...
Chinese suppliers shrug off U.S. tariff threats as customers flock to their cheap goods
Even buyers looking for alternatives to China think the world’s second-largest economy will still be their top source. Read More
Boeing reports quarterly results before the bell. Here’s what Wall Street expects
Boeing has been mired in a safety crisis since a door plug blew off a 737 Max 9 in early ...
Bird flu resurgence drives up egg prices, spurring some to stock up
The virus, commonly referred to as bird flu, is extremely contagious and lethal among birds, has been detected in dairy herds ...
‘Chaotic era’ for Asian currencies: Bank of America is not bullish on any of them
The Bank of America is not bullish no any currency in Asia, leading the investment bank to deem the start ...
Mexico’s meth trade has become so lucrative it is exported as far away as Hong Kong or Australia
Felipe de Jesus Gallo, the head of Mexico’s Criminal Investigation Agency, said that since the 1990s “Mexico has been the ...
A 60-year-old worker in Texas says she’s dependent on apps that let her get paid early: ‘They get you hooked on having that money’
Between 2018 and 2020, transaction volume on wage-access apps tripled from $3.2 billion to $9.5 billion, according to Datos Insights. ...
US Senate approves bill banning TikTok unless Chinese owner sells platform
Move could lead to obsolescence of video app used by 170mn Americans
US Senate passes $95bn bill including aid for Ukraine
Vote ends congressional deadlock over funding for Kyiv’s war effort
TikTok parent moves closer to being forced to sell or face a ban after Senate vote
The TikTok legislation was included as part of a larger $95 billion package that provides foreign aid to Ukraine and ...
Forget Nvidia: Morgan Stanley says Intel’s much-hyped AI chip will boost 3 global stocks
One of the stocks named by the Wall Street bank has a 70% upside potential.
Three top executives at Tesla have resigned in two weeks, with the latest departure at the end of its earnings call
Tesla’s vice president of investor relations announced he would leave after seven years. Read More
On crucial earnings call, Musk reminds the world Tesla is a tech company. ‘Even if I’m kidnapped by aliens tomorrow, Tesla will solve autonomy’
After a dismal quarter for Tesla, CEO Elon Musk tried to reassure investors the company’s real value was its effort ...
Traces of bird flu found in pasteurized milk, FDA says, with virus traveling from birds, to cattle, to humans, and chickens
The agency stressed that the material is inactivated and that the findings do not represent a risk to consumers. Read ...
Employee non-compete agreements barred by US regulator
Federal Trade Commission head says move will help raise wages but business lobby vows to sue
Free childcare plan risks lowering standards in England, says watchdog
National Audit Office warns rising demand and ‘influx of inexperienced’ staff could compromise quality
Biden administration finalizes nationwide ban on noncompetes as Chamber of Commerce vows to fight ‘blatant power grab’
“In parts of the economy that turn on human relations, this would be a huge sea change,” said one attorney. ...
UN officials call for probe into reports of mass graves at Gaza hospitals
Human rights chief says he is horrified by destruction at Nasser and al-Shifa medical facilities
Owners of Coach and Versace snap at FTC after it sues to block $8.5 billion merger
Tapestry and Capri will make the case they face extreme pressures from both mass market and true luxury brands, legal ...
