Newsletter Jun 13, 2023

UK's Sunak faces down critics after Boris Johnson honours row

British Prime Minister Rishi Sunak said on Monday he had rejected a plea from Boris Johnson to overrule an independent body and allow some of the former leader's allies to join parliament's upper chamber because he didn't think it was right.

Initial Heathrow strikes suspended after new pay offer

Planned strike action by security staff at London's Heathrow airport later this month has been called off after unions recommended they accept a pay deal, both sides said on Monday.

The UK and Kenya join forces to tackle climate change

Following the COP27 climate summit, a ceremony that commemorated the start of construction for the Menengai Geothermal Power Plant occurred with officials in Kenya.

HSBC makes a comeback in the mortgage broker market with adjusted rates

HSBC's return to the mortgage market amid rate adjustments reflects a turbulent landscape and changing economic conditions.

HSBC relaunches SVB UK as 'Innovation' division

Asia-focused bank giant HSBC on Monday relaunched the recently-acquired UK arm of collapsed US lender Silicon Valley Bank as part of a major push into technology and life sciences.

Social housing staff latest in a series of public employees to announce strike action over pay and conditions

Workers at the Housing Ombudsman and the Regulator of Social Housing have announced a week of strike action in June.

Leeds public transport in jeopardy as First Bus drivers go on strike over pay date

First West Yorkshire drivers have made it clear that they are taking the path of continuous industrial action as the company has refused to set a date for pay rises. Hence, they will go on strike starting June 18.

Stocks advance as markets focus on rate calls

Major stock markets mostly advanced Monday, with attention focused on central banks this week and their latest decisions over interest rates as inflation remains high.

Study finds online businesses lose billions and disappoint customers due to limited delivery options

A recent study by a delivery management firm reveals that the lack of delivery options is costing online businesses billions and leaving customers unsatisfied.

AI could be used to provide 'personalised learning' to schoolchildren, Rishi Sunak says

Artificial intelligence (AI) could be used to provide "personalised learning" to children at school, says Rishi Sunak.

AI's Impact on the job market and the changing landscape of work

AI's impact on the job market is debated as leaders like Arvind Krishna and Sam Altman see opportunities, while experts warn of potential disruptions, urging social issue resolution.

Google demonstrates how Imagen Editor AI can transform images without professional tools

While Imagen Editor isn't capable of generating complete image content, it can modify and recreate existing images based on the text entered by a user.

Twitter will soon pay verified content creators for ads in their replies

Meta is talking to Oprah, the Dalai Lama, and other celebrities about being early users of their upcoming Twitter competitor.

Wuhan scientists and Chinese military created Covid-19, reveals shocking report

Over the last few years, governments, scientists, investigators, and various organisations have been trying to find the origin of the COVID-19 pandemic.

First Covid vaccine side-effect claims land in German courts

Vaccine-maker BioNTech faced Monday its first legal claim in its home country of Germany over adverse effects allegedly suffered by some users of its Covid vaccines, more than two years after one of the world's fastest and most extensive inoculation campaigns.

Lawyer says Prince Harry could claim 'significant damages' from privacy lawsuit

The Duke of Sussex is suing Mirror Group Newspapers of unlawful journalistic practices, especially phone hacking.

Donald Trump indicted on 7 charges in classified document case

Former President Donald J. Trump to face alleged criminal charges for mishandling classified documents, causing political divisions and accountability concerns.

UK holidaymakers receive big warning against Spain for summer travel

Spain recorded its hottest-ever summer last year.