Nvidia shares plunge: Are investors on the edge of ‘AI apathy’? September 4, 2024 Analysts are asking if we are at “peak Nvidia” or if the latest selloff is simply a healthy correction in an overheated market. Shares in Nvidia, the poster child for AI, plunged nearly 10 per cent on Tuesday, wiping out $279bn of value—the largest single-day loss ever recorded for a US stock. Since 19 August, [...]
Airspace reform is being ‘shackled by needless bureaucracy,’ Easyjet chief warns September 4, 2024 UK and European airspace reforms that would reduce flight times and emissions are being “shackled by needless bureaucracy,” according to the chief executive of Easyjet. Speaking at a Net Zero conference in Bedford, Johan Lundgren said airspace modernisation was the “quickest way to reduce carbon emissions” but warned it couldn’t be “kicked down the road [...]
The Notebook: How I (almost) managed to get the 1p coin scrapped September 2, 2024 Former Treasury comms chief James Chapman reminisces on the time he (almost) managed to scrap the penny - and why we should persist now.
Sometimes, the right CEO is worth a private jet September 2, 2024 Starbucks CEO Brian Niccol has attracted controversy for commuting by private jet, but in an increasingly complicated global business environment it can take sky-high perks to attract the right talent, says Katie Sharpe Finding the perfect CEO in the corporate world is a mission that requires as much creativity as it does mere financial resources. [...]
England women’s cricket chief on the case for investment in The Hundred August 30, 2024 While the first ever Olympic Games with an equal number of male and female athletes competing took place this summer, The Hundred has put its eight men’s and women’s cricket teams on an equal platform since its launch in 2021. Beth Barrett-Wild, director of the women’s professional game at the England and Wales Cricket Board, [...]
Nature’s embrace: The wellness treetop hotel in the Dolomites August 29, 2024 There’s a unique tranquillity that comes from being surrounded by nature, perfectly exemplified by My Arbor, a five-star wellness tree hotel in the Dolomites.
Rugby commentator Stuart Barnes loses £700,000 IR35 case against HMRC August 29, 2024 Former Sky Sports rugby commentator Stuart Barnes is the latest celebrity to be stung by IR35 after a top tax Tribunal overturns his appeal to foot a near £700,000 bill to HMRC.
Future of Rosebank in doubt as UK drops challenge to judicial review August 29, 2024 The future of Britain’s largest untapped oil field, Rosebank, has been thrown in to doubt after the new government said it would not challenge a judicial review. The decision affects the field which is just off the Shetland Islands, as well as Jackdaw, another untapped site 150 miles east of Aberdeen. Legal challenges against the [...]
Mark Kleinman: Cineworld revamp is a horror show for landlords August 29, 2024 This week Mark Kleinman tackles Cineworld's closures, Rolls-Royce's chief executive and plans to rename Twickenham.
Unilever considers sale of Kate Somerville’s skincare line August 27, 2024 Kate Somerville’s premium skincare brand has become the latest Unilever brand to go up for sale as the group continues its restructuring plan announced earlier in the year. As well as Somerville’s eponymous facialist line, which the FTSE-100 giant has owned since 2015, it is also looking to offload sensitive-skincare specialist REN Skincare, according to [...]