Britain’s left-wing Starmer government is approaching its moment of truth. Today, Chancellor of the Exchequer Rachel Reeves will present the budget. The red briefcase containing the hefty document is still sealed, and the government has been delivering mixed messages in recent weeks. But it seems clear that new tax increases are coming. Or not? “We […]
EasyJet increased its revenue and profit in the past financial year. The budget airline benefited from its rapidly growing division, which offers complete holidays. This performed so well that easyJet has raised its profit target for this division to 2030. Profit before interest and tax amounted to £703 million in the twelve months to September. […]
Former British Prime Minister David Cameron has undergone treatment for prostate cancer. He is now demanding that the British government implement a preventative program with timely screenings and is urging his fellow citizens to get tested promptly. “I don’t particularly enjoy talking about my personal health issues, but I feel I have to. Let’s face […]
Social media giant Meta has won a major monopoly lawsuit in the United States. A judge in Washington ruled that the acquisition of Instagram and WhatsApp did not violate US competition rules. This allows Meta to avoid a potential forced breakup, something regulators had been seeking. The case was brought by the U.S. Federal Trade […]
Bitcoin has given up its year-to-date gains just over a month after reaching a new record high. The currency has fallen by around thirty percent. The world’s largest and oldest cryptocurrency reached a new record high of over $126,000 in early October. Since then, the price has fallen below the $94,000 level reached at the […]
Firefox 145 includes measures against so-called ‘fingerprinting’, support for PDFs and, how could it be otherwise this year: a large language model for your address bar. Mozilla has released Firefox 145, the latest version of its browser. One of the major new features is the ability to read and add notes to PDF files. Users […]
Russia will issue government bonds priced in the Chinese currency, the yuan, for the first time in December. The Russian Ministry of Finance announced this on Wednesday. The move reflects the increasing economic entanglement between Russia and China as Russia grapples with Western sanctions stemming from the war in Ukraine. The government bonds, with maturities […]
Microsoft will invest $10 billion in a large AI data centre in Portugal. According to the American software company, this is one of the largest European investments this year. The data centre will be located in Sines on the Portuguese coast, approximately 150 kilometres south of the capital, Lisbon. The development is being carried out […]
Trump Mobile is keeping quiet about the delivery of its “all-American” smartphone, which customers have been expecting since the summer, according to the American tech site “Mashable.” The gold-colored T1 Phone, Trump Mobile’s flagship product, was originally scheduled to ship in August. The release was initially pushed back to October, but the website no longer […]
New York stock markets opened almost flat on Wednesday. A day earlier, losses were reported due to Wall Street investor concerns about the sharply increased valuations of large tech companies driven by optimism about AI. Chip company Advanced Micro Devices (AMD), also a major player in the AI field, reported quarterly results and was subsequently […]
