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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

  • Rocket takes off from Outer Hebrides in Scotland ahead of spaceport opening

    August 27, 2021

    A commercial rocket was launched from Scotland yesterday, ahead of the planned opening of a spaceport. The rocket, named ADA, blasted off from Benbecula Airport in the Western Isles on Thursday. Spaceport 1 joined forces with East Anglian firm Gravitilab Aerospace Services to launch the flight test vehicle, named after Ada Lovelace, the 19th century [...]

  • British Airways mulling new short-haul carrier at Gatwick

    August 27, 2021

    British Airways is mulling the creation of a new short-haul subsidiary operating out of Gatwick, the airline confirmed today. The IAG-owned carrier was forced to move its short-haul services from the Crawley airport to London Heathrow when the pandemic struck last year. It was one of a number of airlines to close or suspend its [...]

  • Number of deaths and serious injuries from drink driving accidents at eight-year high

    August 26, 2021

    New data this morning showed that the number of people killed or seriously injured (KSI) in drink-driving crashes rose to an eight-year high in 2019. Figures from the Department for Transport (DfT) showed that there were 2,050 people involved in KSI accidents where at least one of the drivers was above the alcohol limit. That [...]

  • Supply chain crisis: Quarter of all food and hospitality firms hit by low stock levels

    August 26, 2021

    More than a quarter of food and hospitality firms have been hit by low stock levels in recent weeks as Britain’s mounting supply chain crisis takes it toll, according to new figures published this morning. The Office for National Statistics (ONS) said its recent business survey found that 27 per cent of food and accommodation [...]

  • Air Canada latest carrier to make vaccination mandatory for employees

    August 26, 2021

    Air Canada has this morning announced that all employees and new hires will have to be vaccinated against Covid-19, the latest carrier to announce such a step. From 30 October employees will have to report their vaccination status, while being fully inoculated will become a condition of employment on the same date. Failure to get [...]

  • Northern leaders call for government to commit to HS2 in full as axe hovers over eastern leg

    August 26, 2021

    Politicians and business leaders in the north-east of England have said that the eastern leg of HS2 to Leeds is essential to “levelling up” the country after reports emerged that the extension was set to be mothballed. A new report from the High Speed Rail Group called the delivery of the leg from Birmingham to [...]

  • Xiaomi eyes autonomous driving market amid booming smartphone revenues

    August 26, 2021

    Revenues are surging at Chinese smartphone maker Xiaomi, and now the firm is expanding into autonomous driving too. Watch the full report.

  • Qantas targets December international flights after AU$1.8bn loss

    August 26, 2021

    Australian carrier Qantas said that it was aiming to restart flights to international destinations with high rates of vaccination in December after falling to a AU$1.8bn (£950m) annual loss. Under current plans, the airline will recommence flying to countries such as Singapore, Japan, the United States, Britain and hopefully New Zealand by the end of [...]

  • Car production tumbles afresh amid supply and labour shortages

    August 26, 2021

    Car production tumbled in the UK for the first time since February as the combination of global chip shortages, workers being forced to isolate, and summer shutdowns jammed up factory lines. According to the Society of Motor Manufacturers and Traders (SMMT), just 53,438 cars were made in July, down 37.6 per cent on the year [...]

  • Uber UK boss to meet GMB leader after driver representation deal

    August 26, 2021

    Uber’s UK boss is due to meet with the new leader of the GMB union in a bid to settle their differences about the ride-hailing app’s working practices. Jamie Heywood, Uber’s UK regional manager, will meet with Gary Smith, months after the firm took the decision to recognise the union, the BBC said. Under that [...]

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