UK will fall behind supercomputer rivals, head of axed £800mn project warns

Delayed and Canceled Products Show How Big Tech Can Fall Behind the Cutting Edge

Having years of technical know-how, staff with expertise, and billions of dollars available to invest doesn’t necessarily a good product make.

Business - Inc. - November 1

Mexico and US reach agreement to address Mexico's habit of falling behind in water-sharing payments

Mexico and the United States have reached an agreement they hope will address Mexico’s habit of falling behind in water-sharing payments in the Rio Bravo watershed, also known as the Rio Grande

World - ABC News - November 9

College Football Playoff Rankings projection: Indiana replaces Iowa State, Texas' fall disrupts at-large order

Oregon isn't the only Big Ten unbeaten making noise in the College Football Playoff conversation.

Sports - CBS Sports - October 22

Kentucky basketball 2024 roster, preview: Depth chart projections, predictions under Mark Pope by UK experts

CatsPause has its finger on the pulse of Kentucky basketball under new head coach Mark Pope

Sports - CBS Sports - November 1

Saints fire head coach Dennis Allen after seventh straight loss; owner calls it a decision 'we needed to make'

Allen, who led the Saints to a 2-7 start this season, leaves with 18-25 record in New Orleans

Sports - CBS Sports - November 4

Oil prices fall for the week on bets for a ‘looming surplus,’ soft China demand

Oil futures settled at their lowest in over two months Friday with expectations for a supply surplus next year, strength in the U.S. dollar, and continued worries over demand from China — the ...

Business - MarketWatch - 4 days ago

U.S. housing market is on the ‘verge of a vicious cycle,’ which is ‘not good for America,’ Lennar Mortgage head warns

Laura Escobar, the president of Lennar Mortgage, said the lack of affordable housing options poses a threat to America’s future.

Business - MarketWatch - October 29

Estée Lauder’s stock heads for record selloff after profit warning, dividend cut

Consumer sentiment in China worsened, driving weak prestige beauty and Asia travel retail sales.

Business - MarketWatch - October 31

Thames Water’s emergency loan could cost £800mn in interest and fees

Mooted £3bn loan will hit customers and drain troubled utility’s resources, warn experts

World - Financial Times - 3 days ago

Top US regulator warns of potential crisis if final bank guardrails fall away

Finance industry steps up effort to further undermine Basel III endgame after winning major concessions on terms

Business - Financial Times - October 25

Gaza aid falls to lowest level since start of war despite US warning to Israel

Biden administration letter threatened to withhold military help if humanitarian crisis did not urgently improve

Business - Financial Times - October 30

Head of UK armed forces gains new powers in push to improve readiness for war

Government launches biggest structural shake-up of Ministry of Defence in 50 years

World - Financial Times - October 25

‘Time has come’: Commonwealth heads agree to reparatory justice dialogue despite reluctant UK

UK government stresses it does not pay reparations and said before Chogm summit that issue was not on agenda. Commonwealth leaders have resolved that “the time has come” for a conversation on ...

World - The Guardian - October 26

Volkswagen fined £5.4m for mistreating customers; UK interest rates ‘to fall to 2.75%’ next year – business live

Volkswagen Finance has agreed to pay over £21.5m in redress to around 110,000 customers who may have suffered harm because of its failings.. Volkswagen Financial Services has apologised for the ...

World - The Guardian - October 21

Bank of England cuts UK interest rates again despite modest budget-related inflation spike

The Bank of England has cut its main interest rate by a quarter of a percentage point after inflation across the U.K. fell below its target rate of 2%

World - ABC News - November 7

Bank of England cuts main interest rate by a quarter-point to 4.75% after UK inflation falls

World - ABC News - November 7

Shares in UK retailers fall as sector counts cost of NICs tax rise – business live

Rolling coverage of the latest economic and financial news. Tariffs, tech and Taiwan: how China hopes to Trump-proof its economy . Yesterday’s cut to UK interest rates doesn’t seem to have ...

World - The Guardian - November 8

Banks warn UK Treasury of risk of sector turmoil after car finance ruling

Lenders meet government officials and regulators over fallout from court judgment on ‘secret’ auto loan commissions

Business - Financial Times - October 29

Starmer insists pro-growth policies on way after OBR’s budget warnings – UK politics live

PM says budget just ‘first step’ after watchdog said measures would make no difference to growth over five years. Rachel Reeves is now being interview on ITV’s Good Morning Britain.. She is being ...

World - The Guardian - October 31

Ryanair warns air travel tax rises mean 10% of its UK flights could be cut

CEO Michael O’Leary says decision to raise passenger duty ‘will deliver cuts, not growth’

Business - Financial Times - November 1

Hospitality bosses warn Reeves’ UK tax increases will lead to ‘drastic’ job cuts

More than 200 sign letter to chancellor saying rises in national insurance contributions will cause business closures

Business - Financial Times - November 10

Nissan to warn jobs at risk as UK EV targets push car industry to ‘crisis point’

Carmakers fear goals unreachable as consumer demand softens

Business - Financial Times - 4 days ago

Harris and Cheney talk economy, women’s health and Trump in Michigan campaign event – US elections live

VP and former Republican congresswoman meet voters in swing state; Trump holds rally in North Carolina. Don’t miss important US election coverage. Get our free app and sign up for election ...