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Category: Business

US tightens control on AI chips export drawing pushback
Business

US tightens control on AI chips export drawing pushback

January 13, 2025

The new rules are intended to make sure the “the world’s AI runs on American rails”, and stays out of the hands of “malicious actors”,

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Heathrow airport sees record-breaking passenger numbers in 2024
Business

Heathrow airport sees record-breaking passenger numbers in 2024

January 13, 2025

About 83.9 million passengers travelled through Heathrow’s terminals in 2024, the airport has said. This record-breaking number is 4.7 million more than in 2023 and

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Pound falls further as borrowing costs rise again
Business

Pound falls further as borrowing costs rise again

January 13, 2025

The government has made growing the UK’s economy a key objective, but recent figures indicate the economy saw zero growth between July and September, while

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Private parking rules review prompted by £2,000 five-minute fine
Business

Private parking rules review prompted by £2,000 five-minute fine

January 13, 2025

In November, analysis of government data by the RAC Foundation found that private parking companies were issuing an average of 41,000 parking tickets per day.

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Shein: Inside the Chinese factories fuelling the company’s success
Business

Shein: Inside the Chinese factories fuelling the company’s success

January 13, 2025

“Shein is a pillar of the fashion industry,” said Guo Qing E, a Shein supplier. “I started when Shein started. I witnessed its rise. To

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Apple board pushes against diversity rollback call
Business

Apple board pushes against diversity rollback call

January 13, 2025

“The proposal is unnecessary as Apple already has a well-established compliance program,” the firm’s filing to investors said, external. Apple’s board also said the DEI

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Artificial Intelligence: Plan to ‘unleash AI’ across UK revealed
Business

Artificial Intelligence: Plan to ‘unleash AI’ across UK revealed

January 12, 2025

Tech companies Vantage Data Centres, Nscale, and Kyndryl have committed £14bn to build the relevant AI infrastructure in the UK. This is in addition to

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Selling Sunset’s Jason says landlords price gouging over LA fires
Business

Selling Sunset’s Jason says landlords price gouging over LA fires

January 12, 2025

Oppenheim said his business was offering its services for free and had received dozens of calls from people who had lost homes. Speaking on BBC

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More people in late 20s still living with parents
Business

More people in late 20s still living with parents

January 11, 2025

In 2006, some 13% of people in the UK aged between 25 and 34 were living with their parents. By last year, that had increased

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Rachel Reeves pledges to ‘make UK better off’ as she arrives in China
Business

Rachel Reeves pledges to ‘make UK better off’ as she arrives in China

January 11, 2025

Culture Secretary Lisa Nandy said the rise in borrowing costs was “a global trend that we’ve seen affecting economies all over the world”, while the

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