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      Nvidia shares plunge as Huang affair threatens AI recovery

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      After the Nvidelity comes the Huangover. Jensen Huang joins long list who confused boardroom and bedroom

      Nvidia CEO Jensen Huang, a man with gray hair and glasses, wearing a black leather jacket, looking upwards.

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Transport & Infrastructure

  • City grinds to a halt as Just Stop Oil’s slow walk protest comes to Square Mile

    November 30, 2022

    Just Stop Oil brought Square Mile traffic to a halt on Wednesday by slowly walking through the street. The environmental group’s tactic is designed to cause maximum disruption in protest of the government pursuing new oil and has licenses. The City of London Police tweeted earlier this morning, that: “We’re aware of a slow-walking protest [...]

  • Centrica rolls out bold plans to kickstart a ‘UK hydrogen economy’ via niche player Ryze

    November 30, 2022

    Energy giant Centrica and Ryze Hydrogen will jointly build and operate hydrogen production facilities aimed at providing a reliable supply of hydrogen for industry and transportation, the companies told City A.M. this morning. A Memorandum of Understanding has been signed and will combine expertise in order to kickstart the development of a so-called “UK hydrogen [...]

  • Automotive sector calls on government to secure industry’s long-term future

    November 29, 2022

    The UK automotive industry has called on the government to “take rapid action” and secure its long-term future, as the sector could contribute an additional £14bn to the economy. According to analysis published today by the Society of Motor Manufacturers and Traders (SMMT), the sector’s recovery is expected to gain momentum next year after two [...]

  • EasyJet boss Johan Lundgren: Brits will continue to travel amid cost-of-living crisis

    November 29, 2022

    Brits will continue to travel amidst the current cost-of-living crisis, according to Easyjet’s boss Johan Lundgren.  The chief executive said that, despite limited visibility, the carrier is already seeing a strong demand for next year. “We have relatively low visibility overall, but we do see in general there is a strong demand and quite [a [...]

  • Bus drivers on 70 routes in N London to strike for seven days in December

    November 29, 2022

    Bus drivers working for garages operated by Metroline will strike on seven days next month starting on 1 December. Londoners are being warned some other bus services and the tube network will be busier as a result of the Unite union action affecting 70 routes. The action will impact bus journeys mainly in the north, [...]

  • Airbus boss Guillaume Faury: Supply chain issues remain ‘very complex’

    November 29, 2022

    Aviation’s supply chain issues remain “very complex”, according to Airbus’s boss Guillaume Faury. The chief executive told journalists on Tuesday he was waiting for the latest data to comment on 2022 year-end deliveries. “I will have a clearer picture by the end of November, but as you can see the environment remains very complex and [...]

  • Shipping sector’s growth to slow down due to global economic woes

    November 29, 2022

    The shipping sector’s growth is set to slow down next year as global economic and geopolitical woes impact trading.  According to research published today by UN agency UNCTAD, the industry’s expected growth will slump to 1.4 per cent this year – 1.8 per cent down on 2021 levels.  While for the wider 2023-2027 period, trade [...]

  • Lewd comments to female staff behind resignation of Inchcape’s boss

    November 29, 2022

    Inchcape’s chief financial officer Gijsbert de Zoeten has reportedly quit after making lewd comments to female staff at a company event last week. Sources told the Sun his remarks were “the sort of behaviour that 20 years ago would have been brushed off but not today, and not from somebody in his position.” The incident [...]

  • Transport secretary Mark Harper: My role is to facilitate rail talks – not negotiate

    November 29, 2022

    Transport secretary Mark Harper has reaffirmed his role of facilitator in the railway negotiations. Harper wrote to general secretary Mick Lynch saying he saw a way forward “to meet everyone’s needs” and put an end to the rail dispute, especially after last week’s “constructive and positive” meeting.  “By modernising working practices, we can deliver the [...]

  • Energy firm Ovo to pay customers to reduce electricity usage during key times

    November 29, 2022

    Ovo confirmed this morning the energy firm has joined a scheme which could see its customers paid to reduce their electricity use at key times. The National Grid Electricity System Operator launched the scheme earlier this month and has engaged in trials with customers. On Monday, it indicated it could trigger the first live run [...]

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