The AI bubble has a name – and it’s OpenAI April 29, 2026 For three years, Sam Altman has worn the badge of greatest pitchman in the history of tech. He sold the world a vision of artificial general intelligence – a machine that thinks, reasons and creates – and sold investors the bill to build it. The man raised more capital in a single funding round than [...]
BT shares dip as Ofcom probes EE and Plusnet data April 29, 2026 Shares in telecoms giant BT Group slid on Wednesday after the regulator Ofcom launched a formal investigation into whether it provided inaccurate or incomplete customer service data through EE and Plusnet. The UK watchdog said it is looking into whether BT complied with legally binding information requests issued in December 2023, under the Communications Act, [...]
Driscoll’s Names Wyard Stomp Chief Operating Officer and Expands Shaily Sanghvi’s Role to Lead Global Strategy April 29, 2026 Leadership announcements advance Driscoll's global ambition to scale its proven mission of delighting consumers to every market worldwide
EA Gibson Shipbrokers and SOGDC Consortium Sign MoUs to Advance Integrated Energy Hub at Sipitang Oil & Gas Industrial Park April 29, 2026 MoUs exchanged with ACWA Power, Aboitiz Power Ltd and WEC to develop an integrated energy hub covering approximately 275 acres at SOGIP, Sabah, Malaysia Multi-phase project to deliver 400 MW of power generation, 65,000 m³/day of freshwater production, and LNG, ammonia and hydrogen storage and distribution infrastructure EA Gibson Shipbrokers leads the consortium on behalf of SOGDC and the state of Sabah, with discussions now underway with qualified terminal and energy storage developers Development projected to attract over USD 3.5 billion in foreign investment and create nearly 5,000 jobs in Sabah
Lloyds fires bank tax warning shot as industry ‘ripe for cash grab’ April 29, 2026 Lloyds Banking Group has warned the Treasury not to look at the banks for a tax raid as the industry sets its sights on booming profits in 2026. The FTSE 100 giant beat profit expectations by a cool £200m in the first-quarter after booking £2bn. This was also followed up by an upgrade to its [...]
Airport warning over ‘full’ Heathrow as transfer traffic takes off on Iran war April 29, 2026 London’s main gateway to the world and the UK’s busiest airport issued a forthright warning over its capacity on Wednesday, as war in the Middle East meant demand for flight transfers took off. “Heathrow is full”, said its chief financial officer, Sally Ding. She spoke out alongside the release of first-quarter numbers which revealed 18.9m [...]
Bregal Milestone Announces Majority Growth Investment in CoreGo, a Leading European Open-Loop Payment and Event Technology Company April 29, 2026 Investment follows over 98% annual growth and supports CoreGo’s continued market expansion
FICO UK Credit Card Market Report: February 2026 April 29, 2026 Balances show signs of stabilising as payment rates trend down, with missed payment balance levels remaining higher than in 2025
FTSE 100 Live: Stocks drop as oil holds firm over $110; UK growth slashed April 29, 2026 Good morning and welcome back to the City AM liveblog. Oil prices are holding firm tipping over the $110 mark, bringing the cost of a barrel closer to the highs of $118 it peaked at earlier in the Iran war. Brent crude – the international benchmark for oil – advanced another one per cent on [...]
JPMorganChase Named First-Ever Global Banking Partner of the Olympic Games April 28, 2026 International Olympic Committee and JPMorganChase Announce Landmark Global Olympic Partnership