Both Prime Minister Keir Starmer and Chancellor Rachel Reeves have firmly declined to apologize for their budget decisions, despite facing intense questioning about whether they misled voters during the election …
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Rising Memory Costs and Trade Tariffs Shape HP’s Cautious Outlook Despite Strong PC Demand
HP is set to eliminate between 4,000 and 6,000 positions globally over the next three years as part of a comprehensive organizational transformation centered on artificial intelligence adoption. The California-based …
Chancellor Rachel Reeves presented fiscal projections showing government borrowing declining from 4.5% of GDP to 1.9% by 2030-31, even as economic growth forecasts were downgraded and £26 billion in tax …
British banking stocks experienced a notable rally on Tuesday amid accumulating evidence that the sector would avoid additional taxation in the imminent budget. Market enthusiasm grew following reports indicating Treasury …
Rachel Reeves is preparing to raise £7.5bn by freezing income tax thresholds for two years, reversing earlier expectations that she would increase income tax rates. The chancellor abandoned plans for …
SoftBank has sold its $5.8 billion stake in Nvidia to finance its growing investment in OpenAI, marking a major reorientation in its AI strategy. The move underscores a global trend …
The UK is set to carve out its own regulatory path on climate finance following the high-profile failure of a global banking coalition. The Net Zero Banking Alliance (NZBA) officially …
The AI Crossroads: OpenAI’s $1.4T Spend Asks One Question: Is This a Revolution or a Bubble?
The future of artificial intelligence is at a crossroads, and the test case is OpenAI’s $1.4 trillion budget. This staggering sum, earmarked for the chips and datacenters needed to power …
European industry leaders are expressing significant alarm as the United States prepares to expand its “steel derivatives” tariff list, a move that could see hundreds of new products facing steep …
The average cost of a UK home has surged to a new record high, brushing the $pounds$300,000 mark after the fastest monthly price rise since January. According to the latest …