Thousands of bereaved parents and children of victims affected by the UK’s infected blood scandal will, for the first time,…
Year: 2025
The UK Still Wants to Copy Australia’s Super Scheme Despite Scandals
Australia’s superannuation system, commonly known as “super,” is a mandatory retirement savings scheme where employers are required to contribute a…
Shein faces pressure to cut valuation to US$30bil ahead of London IPO
NEW YORK: Online fast-fashion retailer Shein is under pressure to cut its valuation to about US$30 billion ahead of its London…
South Korea halts DeepSeek AI app downloads over privacy concerns
DeepSeek, a Chinese artificial intelligence startup, has temporarily paused downloads of its chatbot apps in South Korea while it works…
European shares break record highs on Ukraine peace hopes
LONDON: European shares rose to record levels today, led by defence stocks, as the region’s top political leaders called for an…
Bank of England’s Oracle Cloud Bill Soars – But When You Print Money, Who’s Counting?
Old Lady of Threadneedle Street to Pay Millions for ‘Amended Implementation Methodology’ The Bank of England has nearly doubled its…
UK accelerates major steel industry consultation in response to US tariffs
LONDON: The UK published a major consultation paper for its steel industry on Sunday, weeks ahead of schedule due to President…
TikTok returns to Apple, Google app stores
TikTok returned to the Apple and Google app stores Thursday evening. The Chinese-owned social media app had been removed from the the two stores on Jan.…
OpenAI Rejects Elon Musk’s US$97.4 Billion Takeover Bid
OpenAI’s board chairman today said it has unanimously rejected an Elon Musk-led offer to buy the hot artificial intelligence company…
UK Energy Firms Compensate £20m for Billing Errors Over Five Years
Britain’s big energy providers have paid more than £20m in compensation to customers for billing mistakes over the past five…