Browse articles
Tag: Business
Primark’s Christmas slump leads to slashed sales forecasts amid cautious shoppers
Retail giant blames cautious spending and mild weather for disappointing Christmas sales.
Uk borrowing soars to £17.8bn; herald investment trust fends off Saba Capital takeover
Public sector borrowing soars above expectations, while herald investment trust fights off a takeover bid.
Meta offers $5,000 to US creators to ditch TikTok and join Facebook & Instagram
Meta’s new bonus programme targets creators with a $5,000 reward for making content on Facebook and Instagram.
OpenAI, Oracle, and SoftBank join forces for massive $500bn AI data centre project
OpenAI, Oracle, and SoftBank announce $500bn AI infrastructure investment to build data centres and create 100,000 jobs
Warren Buffett shuts down Pilot Co.’s oil trading business amid massive layoffs
Pilot Co. Ends oil trading, shifting focus to North America, laying off key traders, sources say.