The International Monetary Fund (IMF) has delivered a mixed report card for the UK economy, upgrading this year’s growth forecast while simultaneously issuing a stark warning about future inflation. The …
Business
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China has issued a stark warning to the United States, promising firm retaliation if President Donald Trump follows through on his threat to levy 100% tariffs on Chinese goods. The …
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Global financial stability is facing a two-pronged threat, according to the Bank of England’s Financial Policy Committee (FPC). The first is a rapidly inflating bubble in the artificial intelligence sector, …
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Business
OpenAI Secures AI Future with Groundbreaking AMD Deal, Gains Option for 10% Stake
by admin477351OpenAI, the pioneering firm behind ChatGPT, has taken a decisive step to secure its computational future by signing a multibillion-dollar deal with chipmaker AMD. This strategic agreement directly addresses the …
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The UK government’s strategic reintroduction of an electric car grant has successfully supercharged the market, leading to a record high in electric vehicle (EV) sales for the key month of …
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A Chinese AI firm, DeepSeek, has unveiled a groundbreaking experimental model designed to excel at processing long sequences of text, a critical capability for complex AI applications. This new release, …
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The Net Zero Banking Alliance (NZBA), a United Nations-convened group designed to steer the banking industry toward a sustainable future, has been officially shut down. In a sudden announcement, the …
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Business
“A Strange Interpretation”: US Steel Tariffs Threaten to Engulf Finished Goods
by admin477351European business leaders are expressing alarm over what they call a “strange interpretation” of trade rules by the United States, which could see a vast array of finished products hit …
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Donald Trump has unleashed a new wave of trade threats, proposing severe tariffs on a range of goods that has left the UK pharmaceutical industry particularly vulnerable. A potential 100% …
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Global conflicts and trade wars are inadvertently prolonging the age of fossil fuels, according to a stark new annual outlook from BP. The energy major has upwardly revised its predictions …