The chip maker that became an AI superpower
Zoe Corbyn & Ben Morris San Francisco Getty Images Nvidia was known for its graphics processing computer chips Shares in computer chip designer Nvidia have soared over the past week, taking the company’s valuation above the one trillion dollar mark. The surge was sparked by its latest quarterly results which were released late on Wednesday. […]
The butcher who went vegan in secret
Mary McCool BBC Scotland news Sgaia’s Vegan Meats Brian Kavanagh is a vegan butcher for Sgaia’s Vegan Meats After about 15 years working in the meat industry, butcher Brian Kavanagh found he was concealing a secret. Much of his adult life had been spent shaping, slicing and trimming animal products by the slab without a […]
Didi says removal of app in China will affect business
Getty Images Didi is China’s largest ride-hailing app China’s biggest ride-hailing company Didi Chuxing has warned there will be an adverse impact on its revenues after its app was removed from Chinese stores. China’s internet regulator ordered app stores to stop offering Didi’s app on Sunday. It says the firm illegally collected users’ personal data. […]
Austria blocks EU-Mercosur trade deal with South America
Getty Images Agriculture groups were among the first to object to the EU deal, before fires in the Amazon rainforest drew global attention MPs in Austria have dealt a blow to the EU’s landmark trade deal with South America’s economic bloc, by demanding a government veto on the deal. The draft free trade agreement took […]
Over a million hospital admissions for obesity
Sophie Hutchinson BBC News BBC There were more than a million hospital admissions for obesity-related treatment in England in the year leading into the global pandemic, figures reveal. The record number provides the clearest indication yet of the scale of the obesity problem as coronavirus started to spread across the UK. Being overweight is one […]
US interest rates hit 14-year high in inflation battle
Natalie Sherman Business reporter, New York Reuters Jerome Powell, head of the Federal Reserve, says inflation in the US is too high The US central bank has pushed interest rates to the highest level in almost 15 years as it fights to rein in soaring prices in the world’s largest economy. The Federal Reserve announced […]
Covid test plan a ‘pointless solution’ says Iceland boss
Beth Timmins Business reporter, BBC News Getty Images The government’s Covid test scheme to prevent workers having to self-isolate is a “pointless solution” because it excludes supermarket workers, according to the boss of the Iceland chain. “It’s only depot and factory workers so it only fixes half the supply chain issue,” Richard Walker told the […]
Snow, rain, and wind set to hit homes still without power
Getty Images Military personnel have been called in to help with the recovery effort in Scotland and northern England Snow, rain, and wind have been forecast to sweep across areas still affected by power outages from Storm Arwen. Thousands in northern England and Scotland remain without power after the storm more than a week ago. […]
City deal-type package for rural Wales call by Labour AM
PA Rural Wales needs the equivalent to the city deals struck around Cardiff and Swansea, a Labour AM has said. Eluned Morgan said a strategy is needed as a matter of urgency so rural areas can have the same kind of attention parts of urban Wales have had. It is one recommendation in a wide-ranging […]
West businesses say fuel cut ‘not enough’
Getty Images Motorists have been hit by record pump prices since Russia’s invasion of Ukraine The chancellor’s cut to fuel duty has been branded a “drop in the ocean” by a business expert in the West. Rishu Sunak cut 5p off the tax on a litre of petrol or diesel in his Spring Statement on […]