How Labour can deliver an industrial renaissance October 7, 2024 Energy transition can be economic transition, writes Aniruddha Sharma, Chair & CEO of Carbon Clean Blink and you could have missed it, yet a brief sentence in the King’s Speech in July signalleda huge statement of intent in generating economic growth. The new government’scommitment to establishing an Industrial Strategy Council sent an encouraging signal tobusiness. [...]
Build more data centres or lose AI race, London warned October 6, 2024 Britain can cement itself as a leader in generative AI, but it needs to scale up its digital infrastructure, according to the UK and Ireland managing director of data centre REIT giant Digital Realty. Speaking to City AM, Séamus Dunne said building more data centres in the capital is crucial to support the next phase [...]
Etoro: ‘Gradual thawing’ of financial markets fails to stop trading platform taking back step October 3, 2024 A “gradual thawing” of financial markets failed to stop the UK arm of stock trading platform Etoro taking another backwards step financially during 2023, it has been revealed. The UK arm of the Israel-headquartered trading and investment group has posted a net income of $125.7m (£95.8m) for the 12 months, down from the $147.2m (£112.2m) [...]
In defence of wasting time October 3, 2024 Pleasure-focused pastimes such as reading fiction are being sacrificed for productivity-boosting pursuits. Anna Moloney, in repose, defends idleness.
Tesco ups guidance after first-half performance ‘exceeds expectations’ October 3, 2024 Supermarket giant Tesco has upped its profit guidance following another strong period of trading for the UK’s biggest grocer. Tesco increased its retail adjusted operating profit guidance to £2.9bn, from £2.8bn, after it “delivered volume growth ahead of expectations”. Continuing sales at the grocer grew 3.5 per cent in the 26 weeks ended 24 August [...]
Business leaders must seize the opportunities of the new media age October 2, 2024 Understanding the new media age is a must for bosses, argues Grayling CEO Heather Blundell Almost 30-years ago, in 1996, Bill Gates wrote his seminal essay, “Content is King,” examining the paramount importance of content in the digital era. The future he envisioned – a print press evolving into electronic online editions with deeper and [...]
New Saudi law renews drive to boost foreign investment October 2, 2024 The Kingdom of Saudi Arabia is radically re-wiring its economy. The Vision 2030 programme announced in 2016 kick-started an ambitious plan to reduce the country’s dependence on oil revenues, launch infrastructural “giga-projects” and generate an extensive array of modern industries, ranging from luxury tourism to AI. In order to achieve these ambitions, the Kingdom will [...]
Rabbit R1 founder defends ‘unfinished’ AI gadget October 2, 2024 When Jesse Lyu unveiled Rabbit’s flagship device, the R1, in January, the response was swift. The neon-orange, compact AI-powered gadget quickly gained attention for its playful design, selling over 100,000 units in just a few months – a feat that founder Lyu has hailed as “incredible for a first-gen product.” But many of those who [...]
Pinewood Technologies sees double-digit growth amid push for expansion October 2, 2024 Pinewood Technologies has reported a double-digit jump in profit as the group continues global expansion.
Ready to turbocharge your M&A process? October 1, 2024 Artificial intelligence (AI) is poised to reinvent how deals are done. How do we know? Intralinks has invested in AI research for years with the goal of transforming the deal process and reimagining the future of dealmaking. The future of dealmaking is here. SS&C Intralinks DealCentre AI™ is the purpose-built, AI-powered dealmaking platform that incorporates [...]