Newsletter Jul 28, 2023

Oil, gas majors post sliding profits on weaker prices

Shell joined other energy majors Thursday in posting sliding profits after oil and gas prices weakened from peaks reached in the wake of Russia's invasion of Ukraine.

European stocks rally, Wall Street slumps on interest rate concerns

Stock markets had a mixed showing Thursday as European indices rallied while Wall Street slipped on concerns over interest rates.

AI-enabled farm wildlife monitoring could take UK towards sustainable food production

Scientists are deploying an AI-enabled farm wildlife monitoring strategy to understand the effect of agri-environment schemes in reducing emissions at farms by increasing biodiversity.

Business price hikes expected to ease as wage costs rises

The BCC Quarterly Economic Survey for Q2 2023 reveals that nearly half of businesses plan to raise prices in the coming months as cost pressures ease.

G20 environment chiefs ready fresh bid for climate deals

G20 environment ministers in India readied a fresh bid on Thursday to strike deals tackling climate change, days after heavy criticism for failing to agree on cutting fossil fuel use.

Farage row takes down another top exec at UK bank group

The head of NatWest's private banking arm Coutts resigned on Thursday, the second top executive to quit the group following a row over the closure of the account of arch-Brexiteer Nigel Farage.

Liverpool Investment Zone to deliver 4,000 jobs and boost medical innovation in North West England

Liverpool Investment Zone aims to boost medical innovation, creating 4,000 jobs with £320 million private investment, solidifying its position in life sciences.

One-third of SMEs believe running a business has gotten more difficult in the last year

A recent survey revealed that 79 per cent of SME owners in the UK plan to develop their firms over the next year, marking a great increase from the previous year.

Data reveals 4 in 10 women entrepreneurs in the UK struggle with insufficient cash flow

Recent research has revealed gender disparities among small business owners in the UK, particularly when it comes to cash flow.

YouTube to introduce 'three-strike' policy for viewers who use ad blockers

A Redditor first came across the new three-strikes popup menu while watching a YouTube video with AdBlock enabled.

EU opens antitrust probe into Microsoft over Teams

The European Commission on Thursday announced an antitrust probe into Microsoft bundling its Teams communications app with its popular Office suite, on concerns the firm could be cutting out competitors.

TikTok set to sell Chinese products in the US soon

With TikTok gearing up to launch its e-commerce platform in the U.S., buyers will have access to a wide range of products from China.

Ford raises 2023 profit outlook but sees bigger EV loss

Ford lifted its full-year forecast Thursday after quarterly earnings nearly tripled on strong vehicle pricing in conventional autos that offset losses in electric vehicles (EV).

US govt in possession of non-human bodies and UFOs, claims former intelligence official

A former intelligence official and whistleblower, David Grusch, has made some explosive claims about aliens and alien vehicles in a US congressional hearing.

UK Foreign Office offers another urgent warning for holidaymakers travelling to Spain

Thousands of families from the UK are set to travel to Spain with school holidays just around the corner.

Jordan Henderson ditches Liverpool to become highest paid England footballer

Henderson has confirmed that he will join Saudi Pro League side Al-Ettifaq.