In a strategic move toward greater operational efficiency, HP will reduce its global workforce by up to 6,000 employees over the next three years. The technology company’s leadership views artificial …

Rachel Reeves confronted an embarrassing crisis when the Office for Budget Responsibility prematurely released her entire budget document, exposing £26 billion in planned tax increases before she could present them …

Investment markets reflected growing optimism regarding the banking sector’s fiscal outlook on Tuesday, with shares in Britain’s premier financial institutions posting impressive gains. The surge followed emerging reports that government …

SoftBank has divested its Nvidia holdings worth $5.8 billion to increase funding for OpenAI, the company behind ChatGPT. The shift highlights SoftBank’s evolving strategy toward AI innovation rather than hardware …

The decisions by HSBC and Barclays to quit a key UN-backed climate group were the final blows that led to its collapse last month. The Net Zero Banking Alliance (NZBA) …

A stark divide has emerged in the narrative surrounding OpenAI’s future. On one side, CEO Sam Altman projects boundless growth, claiming annualised revenue will exceed $20 billion this year and …

The US Department of Commerce is poised to approve a significant expansion of its steel tariff program after a second consultation in three months yielded requests to tax 700 new …

As UK house prices climbed to a record average of $pounds$299,862 in October, the mortgage market remains a key factor for buyers navigating the expensive landscape. The 0.6% monthly price …

Chancellor Rachel Reeves has reportedly decided not to increase taxes on banks in her upcoming budget, a move that has been met with relief across the financial sector and the …

Global markets took a nosedive as concerns over inflated AI valuations sparked a widespread sell-off across the world’s leading stock exchanges. The slump followed cautionary remarks from banking executives warning …