Elon Musk’s brief, 129-day tenure within the Trump administration as head of the Department of Government Efficiency (dubbed “Doge”) was marked by ambition, controversy, and […]
Category: Business
Temu Owner PDD Holdings Profit Plunges 47% on Tariffs, Trade War
PDD Holdings, the Chinese owner of online shopping platform Temu, has reported a near 50% drop in profit as US President Donald Trump’s trade policies added to its struggles in its home country.
Skittles Removes Controversial Titanium Dioxide Additive in US
Skittles in the US are no longer being made with titanium dioxide, a colour additive that was banned in the European Union in 2022 over possible health risks.
Tesco’s New ‘VAR’ Cameras Hit Self-Checkout: Shoppers React
Tesco’s introduction of AI technology to some self-checkouts has led to customers joking that it bears a striking resemblance to the Video Assistant Referee (VAR) technology used in football.
UK Food Inflation Hits 1-Year High: Why Beef Prices Are Soaring
Higher beef and fresh produce prices has pushed UK food inflation to an annual high, according to industry data, with the boss of one steakhouse chain telling the BBC the cost of the meat had risen by a fifth.
KFC Announces 7,000 New UK & Ireland Jobs in £1.5Bn Expansion
KFC has announced plans to create 7,000 new jobs across the UK and Ireland as rival fast food chicken chains such as Wingstop threaten to take a bigger bite of the market.
IMF Boosts UK Growth Outlook, Cautions Chancellor on Spending
The UK economy is forecast to grow slightly more than previously expected in 2025, but the International Monetary Fund (IMF) has warned that the Chancellor must stick to her rules on tax and spending.
Could AI Become Conscious? Experts Explore the Path to Sentient Machines
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US Tariffs Threaten France’s Prized Burgundy Wine
Burgundy is one of the most prestigious wine regions in France, and the US is its biggest export market. But now Donald Trump’s tariffs are threatening to price European wine out of the American marketplace.
Trump Extends EU Trade Deadline Following 50% Tariff Threat
US President Donald Trump has agreed to extend a deadline to negotiate tariffs with the European Union by more than a month.