Exclusive: Nothing slashes jobs in cost-cutting push Tech British smartphone maker Nothing has begun slashing jobs across its global business as it looks to cut costs following a rapid hiring spree, City AM can reveal. The Kings Cross headquartered hardware firm, founded by Carl Pei, who previously set up Chinese smartphone company OnePlus, has begun consultations with staff across regions and has already [...]
Jaecoo 8: A Premium SUV with Substance and Surprising Polish Motoring The arrival of the Jaecoo 8 SHS-P in the UK says something about where the car market is heading here, writes motoring journalist Tim Barnes-Clay. Chinese brands are no longer content with building budget alternatives. They want a place at the top table, and after spending time with Jaecoo’s new plug-in hybrid flagship, I came [...]
Comsysto Reply Supports Audi in Evolving Its B2B Used Car Platform With an AI-Based Multi-Agent System Business Wire Comsysto Reply, the Reply Group company specialised in agile software development and cloud-native solutions, has partnered with Audi on the ongoing development of its “Used Car Platform”, the company’s central digital marketplace for B2B used car trading. A tailored multi-agent solution accelerates software development, reduces repetitive activities, and enables faster delivery of new features. This [...]
From Mongolian camels to Tibetan verbs: the absurdity Ed Miliband’s aid spending plans July 24, 2026 Ed Miliband want to increase aid spending to 0.7 per cent of GDP, but the history of aid spending is one of waste, corruption and cost to taxpayers, says James Price Last year, a 23-year-old in Ulaanbaatar proposed to his girlfriend. There was a helicopter ride, an expensive ring, and designer handbags, all lovingly documented [...]
Who is Bruno Wang? The private philanthropist whose life was compared to a spy novel July 22, 2026 Bruno Wang’s story is better understood through his private philanthropy, cultural patronage, Buddhist thought and work on human flourishing. Bruno Wang’s life has been compared to the plot of a spy novel. The phrase lingers because it belongs to a particular kind of story: inheritance, secrecy, old-world discretion, foreign jurisdictions, family history, assets held in [...]
Sovereign AI is no longer a nice to have, and with open source, more achievable than ever July 22, 2026 Driven by rising costs and concerns over data sovereignty, enterprises are increasingly pursuing “AI sovereignty” by diversifying their AI supply chains with open-source alternatives, says Lewis Liu “Every single enterprise in this country… these people are livid. They’re saying: ‘I am paying for tokens that create no value. These people are stealing the weights and [...]
CoStar Data Shows Amazon, Defence and Chinese Firms Drive UK Warehouse Demand Recovery July 16, 2026 UK warehouse demand increased after three years of occupier consolidation following the pandemic and a period of elevated costs, according to data from CoStar, a global leading provider of online real estate marketplaces, information and analytics in the property markets. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260703768026/en/ Industrial net absorption turned [...]
Could an England World Cup win boost the markets? July 14, 2026 The equity markets of World Cup-winning countries frequently outperform immediately after victory. A Goldman Sachs study of tournaments from 1974-2014 found that every winner except Brazil in 2002 subsequently enjoyed a period of market outperformance, says Helen Thomas If football finally came home, what might it do for financial markets, aside from a late start [...]
Citroën 2CV returns as a £13,000 electric car, and the timing is no accident July 12, 2026 Citroën is reviving one of its most famous cars as a sub-£15,000 electric city car. It looks like a nostalgia play, but it is really a response to a gap Europe’s carmakers left at the cheap end of the market, one that Chinese rivals are now moving quickly to fill. Citroën’s decision to bring back [...]
Tesco ‘in talks’ to exit eastern Europe July 8, 2026 Tesco is reportedly considering cutting loose its business in central and eastern Europe in a move to end its expansion outside of the UK and Ireland. The supermarket giant has hired bankers to explore the possibility of a sale of its operations in Hungary, the Czech Republic and Slovakia, according to the Financial Times. A [...]