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By: City A.M. Reporter

All 2878 Articles
  • OpenAI announces shock return of Sam Altman as chief executive

    November 22, 2023

    Sam Altman will return to OpenAI after an agreement in principle was reached, the company has announced.

  • Israel approves ceasefire with Hamas as Cameron welcomes ‘crucial step’ to freeing hostages

    November 22, 2023

    Under the deal, Hamas is to free 50 of the roughly 240 hostages it is holding in the Gaza Strip

  • NHS: US tech giant Palantir handed £330M data contract amid safety concerns

    November 21, 2023

    Companies, led by Palantir Technologies UK, will provide a new shared software system known as the NHS Federated Data Platform

  • Siemens Energy’s struggling wind unit eyes $436m in cost cuts

    November 21, 2023

    Siemens Gamesa, the struggling wind division of Germany's Siemens Energy, plans to cut costs by around €400m (£349m) by 2026.

  • Broadcom plans to close $69bn VMWare deal after China approves takeover

    November 21, 2023

    Broadcom said it planned to close its $69bn acquisition of cloud computing firm VMWare on Wednesday, wrapping up one of the biggest takeover deals in the technology industry that was closely scrutinised by regulators globally.

  • US seeks $4bn from Binance to end criminal probe

    November 21, 2023

    The US Justice Department is seeking more than $4bn from Binance as part of a proposed resolution of a years-long investigation, according to a report.

  • Boost EV battery production to prevent decline of UK car industry, MPs warn

    November 21, 2023

    Electric vehicle (EV) battery production must be incentivised to prevent the decline of the UK car industry, MPs warned.

  • David Cameron takes seat in House of Lords after ex-PM made foreign secretary

    November 20, 2023

    Foreign Secretary David Cameron has taken his seat in the House of Lords after his official introduction ceremony. The former prime minister will now be known as Lord Cameron of Chipping Norton, reflecting his long-held ties to the Cotswolds town in his former constituency, Witney. It was announced last week that he had been elevated [...]

  • Coutts appoints Kleinwort’s Fahad Kamal as CIO in latest staff change

    November 20, 2023

    Former Kleinwort Hambros chief investment officer Fahad Kamal has been appointed CIO at the private bank owned by Britain's Natwest, according to a post on LinkedIn on Monday.

  • Israeli-linked cargo ship hijacked by Houthi rebels in Red Sea

    November 20, 2023

    Public shipping databases associated the ship’s owners with Ray Car Carriers, a company founded by Abraham Ungar, an Israeli billionaire.

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