Nvidia announced record revenues of $30bn (£24.7bn) over a three-month period. Shares in Nvidia have fallen despite the artificial intelligence (AI) chip giant comfortably beating expectations after more than doubling its sales. Nvidia announced record revenues of $30bn (£24.7bn) over a three-month period. The company has been one of the biggest beneficiaries of the AI […]
The US and European Union have announced similar duties on Chinese imports Canada says it will impose a 100% tariff on imports of China-made electric vehicles (EV) after similar announcements by the US and European Union. The country also plans to impose a 25% duty on Chinese steel and aluminium. Canada and its Western allies
Pavel Durov founded Telegram in 2013 Since Pavel Durov, the Russian-born billionaire and founder of the Telegram messaging app, was arrested on landing in Paris on Saturday evening, there has been more speculation than substance about his fate. The headline in a Russian newspaper summed up the story: “The arrest (or detention) of ‘Russia’s Zuckerberg’, Pavel
Icelandic supermarkets have been left in a pickle, after a viral TikTok trend saw an unprecedented surge in demand for cucumbers – leaving suppliers racing to keep up. Icelandic supermarkets have been left in a pickle, after a viral TikTok trend saw an unprecedented surge in demand for cucumbers – leaving suppliers racing to keep
A US campaign group has accused Boeing of concealing information about electrical problems on a plane that later crashed. A US campaign group has accused Boeing of concealing information about electrical problems on a plane that later crashed. The Foundation for Aviation Safety claimed the aircraft, which went down in Ethiopia in 2019, had suffered
The government plans to increase windfall taxes on oil and gas profits from 75% to 78%, among other measures Firms across the UK’s oil and gas supply chain have expressed “grave concern” about government plans to hike windfall taxes and eliminate investment incentives to an industry that supports 200,000 jobs. In an open letter to
The Federal Bureau of Investigation (FBI) is reviewing more than 40 cases of unruly passengers on airlines across the country. The Federal Bureau of Investigation (FBI) is reviewing more than 40 cases of unruly passengers on airlines across the country. The US Federal Aviation Administration (FAA) referred 43 cases of people misbehaving on airplanes to
Shein has been tightening its supplier policies ahead of a potential stock market listing Chinese fast fashion giant Shein says it found two cases of child labour in its supply chain last year as it tightens scrutiny of the companies that make the clothes it sells. The firm says it temporarily suspended orders from the
British tech tycoon Mike Lynch and his 18-year-old daughter are among the six people missing after a luxury yacht sank off the coast of the Italian island of Sicily in the early hours of Monday morning. British tech tycoon Mike Lynch and his 18-year-old daughter are among the six people missing after a luxury yacht
7-Eleven is the world’s biggest convenience store chain When the owner of 7-Eleven announced this week that it had received a buyout offer from a Canadian rival it triggered shockwaves in Japan. A Japanese company of this size has never been bought by a foreign firm. Historically, companies from Japan were more likely to buy overseas businesses.
Journalists urge one-day boycott of Meta platforms against company’s decision to block news in Canada over contentious law. Montreal, Canada – Journalist and public relations federations in the Canadian province of Quebec are calling on the public to join a one-day boycott of Meta-owned social media platforms over the company’s ban on news-sharing in Canada. The Federation of
Retailers reported a 0.5% rebound in July after the Euro 2024 football championship and summer discounting fuelled shopping. The increase follows a sharp fall in June, when sales volumes – which measure the quantity bought – were hit by poor weather. Department stores and shops selling sports goods shifted higher volumes of gear last month.
Australia plan to celebrate the 150th anniversary of the first-ever Test match by playing England at the same venue in March 2027. The Melbourne Cricket Ground (MCG) played host to a single-innings match from 15 to 19 March 1877, with Australia winning by 45 runs, before England won the second match at the same venue
Train drivers at London North Eastern Railway (LNER) are set to strike every weekend in September, October and two in November, union bosses have announced Train drivers at London North Eastern Railway (LNER) are set to strike every weekend in September, October and two in November, union bosses have announced. Aslef, which represents train drivers,
The 10 prescription drugs include those used to treat blood clots, heart failure and diabetes President Joe Biden has said he wants to stop handing drug companies a “blank cheque”, after the government announced a deal to significantly cut the cost of 10 common prescription drugs for millions of Americans. The price cuts of between
Behind the word mountains, far from the countries Vokalia and Consonantia, there live the blind texts they live
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