Intel new crypto mining chip ‘1000 times’ better than alternatives February 14, 2022 Intel Corp has launched a new chip for blockchain applications such as Bitcoin mining and minting NFTs to cash in on the crypto boom.
Losses deepen for London-listed Bitcoin miner Argo Blockchain February 7, 2022 Losses have deepened for London-listed bitcoin mining company Argo Blockchain following legal woes and a dip in the price of Bitcoin.
A very merry Christmas: Sainsbury’s upgrades full year profits to £720m thanks to retail boom January 12, 2022 Sainsbury’s has reported a very merry Christmas this morning, upgrading its pre-tax profits for the full year to £720m.
NFTs in the media: from films to the TV January 10, 2022 Manufacturers on television are battling to offer the ability for people to display their non-fungible tokens (NFTs) on the ‘Telly’, discusses Jonny Fry.
Sainsbury’s reveals 5.3 per cent pay hike for shop staff in £100m investment January 7, 2022 Sainsbury’s has announced it will be investing £100m into pay increases for staff, with a basic hourly pay of at least £10. Basic hourly pay for Sainsbury’s and Argos store workers will rise to £11.05 for inner London and £10.50 in outer London, the supermarket revealed on Friday. The company said it was also increasing [...]
City winners: This year’s most popular funds and shares, which include BP, Rolls Royce, Tesla and Argo Blockchain December 29, 2021 DIY fund buyers didn’t get the memo that value investing is back in fashion, instead largely plumping for growth strategies over the course of 2021. “Success breeds success they say, and retail investors clearly have a high conviction that these funds will continue to prosper,” Laith Khalaf at AJ Bell told City A.M. as he [...]
Will autonomous vehicles succeed in revolutionising travel? December 6, 2021 Investors have a bird’s-eye view of the driverless revolution happening before their eyes Recently, Cruise, the autonomous vehicle subsidiary of General Motors, announced that they plan to have one million or more autonomous vehicles in their fleet by 2030. In late September 2020, the research arm of Toyota Motor Corporation, Woven Planet, acquired Renovo, an automotive operating system software [...]
Revealed: Amazon to open 260 supermarkets across UK as it plots to take on Tesco and Sainsbury’s directly November 17, 2021 Amazon has developed detailed plans to storm the UK supermarket sector as the e-commerce is planning to open hundreds of cashierless grocery stores across the country in the next three years. More than 260 Amazon-owned and run supermarkets are to be launched before the end of 2024, namely 60 in 2022, another 100 per year [...]
Sainsbury’s boss: We’ll avoid worst of Christmas supply issues November 4, 2021 Supermarket Sainsbury’s said it experienced a boost to profit in its half-year results, thanks to higher grocery sales – and its CEO said it was well-placed for Christmas despite supply chain uncertainty. For the 28 weeks ended 18 September, the grocer reported underlying profit before tax of £371m, up 23 per cent versus the first [...]
Sainsbury’s looking to hire 22,000 people in supermarket’s biggest-ever recruitment drive October 1, 2021 Sainsbury’s is creating 22,000 seasonal jobs to help it meet higher demand around Christmas. The retail group, which also owns Argos, said it will be hiring store staff, delivery drivers and logistics workers as part of its “biggest ever recruitment drive”. Roles will be available across the UK from Friday, four weeks earlier than last [...]