Amazon rolling out generative AI feature targetting product reviews August 14, 2023 Amazon is rolling out a new generative AI feature that summarises product reviews for customers. The feature, which the company began testing earlier this year, is designed to help shoppers determine at a glance what other customers have said about a product before they spend time reading through individual reviews. It will pick out common themes [...]
Avoid ULEZ options but tackle air pollution, Starmer says August 14, 2023 Cities should look at other options for tackling air pollution instead of schemes like London’s ULEZ (ultra low emission zone), Sir Keir Starmer has suggested. The Labour leader said no-one in the UK should be “breathing dirty air” but added that proposals for reducing air pollution should not have a disproportionate impact on people’s pockets [...]
Unilever will look at Russia business with a ‘fresh pair of eyes’ after criticism August 14, 2023 The new chief of Unilever has vowed to look at the company’s decision to operate in Russia with a “fresh pair of eyes,” after it was criticised for continuing to operate in the country. Hein Schumacher, who took over as head of the Dove soap maker in July, made the claim in a letter to [...]
Superdry fashion boss banned from road over drink-driving August 14, 2023 A co-founder of clothing firm Superdry has been banned from the roads after admitting drink-driving. James Holder, 51, was twice the drink-drive limit on July 28 when he was stopped in his Range Rover by police in Snowshill Road, Broadway, Worcestershire. Cheltenham Magistrates’ Court heard that a roadside breath test recorded a reading of 72mg [...]
Oil price rally unlikely to hit $100 per barrel milestone this year, experts say August 14, 2023 Oil prices are unlikely to hit $100 per barrel this year despite a seven-week rebound and tightening supplies this year, experts predict.
Unemployment to remain unchanged at four per cent as jobs market cooling continues August 14, 2023 Experts are expecting the slow cooling of the jobs market to continue when the Office for National Statistics (ONS) releases new data on Tuesday morning. The unemployment rate in the three months to the end of June is expected to remain unchanged at 4.0%, according to a consensus supplied by Pantheon Macroeconomics. But within this [...]
Wilko bidders have until Wednesday to make an offer for troubled retailer August 14, 2023 Bidders for troubled retailer Wilko have reportedly been given until Wednesday to place offers for the company after collapsing into administration last week. A number of discount retailers and financial investors are considering offers for the company, and administrator PwC is seeking offers by the middle of the week, Sky News reported. Last week, the [...]
Bitcoin volatility index drops to historic low as PayPal launches stablecoin while Revolut drops crypto in US August 14, 2023 Data from CryptoCompare shows that the price of the flagship cryptocurrency Bitcoin (BTC) moved essentially sideways throughout the week.
BBC sells iconic Maida Vale Studios to Hans Zimmer August 14, 2023 The BBC has sold its iconic Maida Vale Studios to a partnership of film producers and composer Hans Zimmer for an undisclosed sum. Once echoing with the sounds of music legends like The Beatles, David Bowie and Dusty Springfield, the recording hub has been sold to a partnership between film producers Tim Bevan and Eric Fellner, [...]
L’Occitane share price soars as billionaire owner mulls deal to take business private August 14, 2023 Luxury French skincare brand L'occitane saw its share price jump 8.82 per cent this morning on the Hong Kong Stock Exchange following news its billionaire owner was mulling plans to take the business private.