Ocado is to cut hundreds jobs in its technology teams as part of the loss-making online grocery specialist’s efforts to reduce costs using artificial intelligence to help with research and engineering. The company, which employs 20,000 people, said AI had helped improve the productivity of its engineering team, enabling it to cut 500 roles across…
Voters in Canada’s most populous province head to the polls on Thursday to elect a new premier who may have to face the task of preserving Ontario’s economy in the face of punishing US trade tariffs. Doug Ford, the Progressive Conservative party leader who has been the province’s premier since 2018, called the snap election…
Signage at the Nvidia Corp. offices in Taipei, Taiwan, on Tuesday, Jan. 28, 2025. Photographer: An Rong Xu/Bloomberg via Getty Images Bloomberg | Bloomberg | Getty Images U.S. chipmaker Nvidia‘s auto segment revenue more than doubled in the latest quarter to a record high on strong demand for driver-assist software. While the company’s biggest revenue…
The self-styled “misogynist influencer” Andrew Tate and his brother, Tristan, have left Romania on a private jet and are flying to the US after their travel ban was lifted, officials and local media have said. The pair – who were arrested in Romania three years ago and face trial on charges of rape, people trafficking…
A model of an UltraFan on the Rolls-Royce Holdings Plc stand on day two of the Farnborough International Airshow in Farnborough, UK, on Tuesday, July 23, 2024. Bloomberg | Bloomberg | Getty Images British aerospace group Rolls-Royce on Thursday posted stronger-than-expected full-year earnings, upgraded its mid-term guidance and declared a £1 billion ($1.27 billion) share…
Tate brothers allowed to travel, have to report to court when summoned – statement The statement from the Romanian Directorate for Investigating Organised Crime and Terrorism says that “the two defendants of dual British-American citizenship” have been allowed to travel, but have to report when summoned and any violation of this condition could lead to…
The owner of the Drax power plant has reported its highest earnings ever only weeks after the government admitted that its controversial subsidies for biomass power had allowed it to make “unacceptably large profits”. Drax Group said its adjusted earnings rose to £1.06bn last year, narrowly above its profits of £1.01bn the year before and…
Rolls-Royce has said it will return £1.5bn to shareholders as the British jet engine manufacturer paid its dividend for the first time since the coronavirus pandemic. The FTSE 100 company announced on Thursday its underlying operating profits rose 55% in 2024 to £2.5bn, as it upgraded its guidance for future earnings. Rolls-Royce made underlying sales…
Three months ago I sent a very precious antique African drum (djembe) I use for work to a repair shop in Stoke-on-Trent using Yodel Direct. It never arrived. Initially, I was told the drum was “definitely” not lost as it had been scanned passing through Yodel’s Hatfield sorting office. I am desperate for someone to…
Alleged murder victim Toyah Cordingley was unhappy with her boyfriend and wanted to leave him a week before her body was found buried on a beach, a jury has heard. Rajwinder Singh has pleaded not guilty in the supreme court to the murder of Cordingley, 24, at an isolated far north Queensland beach on 22…
