Williams Racing F1 driver Alex Albon has committed himself to the team in a multi-year contract that extends his association with the British firm to beyond 2026. The Thai racer …
May 2024
JCB defends supplying Russia after Ukraine invasion
JCB continued to supply equipment for Russia “in a small number of cases” despite claiming to have stopped after Vladimir Putin’s invasion of Ukraine. According to an article by The Guardian, …
Labour to launch AI strategy within a ‘couple of weeks’ as election priming continues
Labour’s shadow science minister has said the party will launch its strategy on artificial intelligence (AI) within the next couple of weeks, as it looks to cement its technology policies …
Royal Mail owner’s shares soar after Czech billionaire raises takeover bid
Royal Mail owner International Distribution Services (IDS) announced on Wednesday that it has received a raised takeover proposal worth around £3.5bn from Czech billionaire Daniel Kretinsky. The company’s shares soared …
Slovakian Prime Minister Robert Fico injured in shooting
Slovakia’s prime minister Robert Fico has been injured in a shooting and taken to hospital. According to reports the incident took place in the town of Handlova, 150 kilometres from …
Sleepeezee: Silentnight owner acquires bed maker for King Charles III
A group owned by the majority shareholder of Silentnight has acquired Sleepeezee – which has been a supplier to the Royal Family for more than 60 years. The Kent-headquartered company …
Who is ‘Roaring Kitty’, and why did he cause Gamestop to rally again?
The conspiracy around Gamestop and other meme stocks is more of a gambling addiction than a laugh. Few stockpickers in the world have the power and influence to be able …
Burberry share price slumps as ‘quiet luxury’ trend takes hold of shoppers
Shares in Burberry slumped over five per cent on Wednesday in the latest display of investors waning confidence in the luxury fashion industry. The maker of trench coats and tartan …
Rail operator takes Mick Lynch’s RMT union to the Supreme Court
A Northern rail operator has presented its appeal application to the Supreme Court over a dispute with transport worker unions. The highest court in the UK has listened to the …
Relief as US inflation finally comes in below expectations
Investors breathed a sigh of relief today after the US inflation reading for April came in marginally below expectations after three consecutive overshoots. Figures from the Bureau of Labor Statistics showed the …