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HS2 trains could run slower than planned to save money
Posted onThis means HS2 trains could not be tested at their intended operating speeds until a bespoke test track, or the railway itself is complete, something DfT sources claim would delay completion of the project by several years and cost billions of pounds.
Chip deal: Why the US is taking a cut from China sales
Posted onSuranjana Tewari Asia Business Correspondent in Singapore Getty Images Nvidia boss Jensen Huang has been lobbying the White House over China chip sales Unusual. Quid pro quo. Unprecedented. That is some of the reaction to news that two of the world’s tech giants will pay the US government 15% of their revenue from selling certain…
Matcha: World’s thirst for the tea swallows global supplies
Posted onOsmond Chia Business reporter, BBC News Getty Images Matcha mania is sweeping the world. The bright green Japanese tea can be found in everything from Starbucks’ lattes in the UK to Krispy Kreme doughnuts in Singapore. The global matcha craze is being driven by social media, with influencers sharing brewing tips, reviews and recipes. The…
Spending without thinking is a risk with unlimited contactless cards
Posted onKevin PeacheyCost of living correspondent and Tommy LumbyBusiness data journalist Getty Images Spontaneous spending is likely to rise if the limit on contactless cards is increased or scrapped entirely, academics say. At present, the need to press a four-digit PIN for purchases over £100 gives people a timely prompt about how much they are paying,…
OpenAI shares data on ChatGPT users with suicidal thoughts, psychosis
Posted onOpenAI has released new estimates of the number of ChatGPT users who exhibit possible signs of mental health emergencies, including mania, psychosis or suicidal thoughts. The company said that around 0.07% of ChatGPT users active in a given week exhibited such signs, adding that its artificial intelligence (AI) chatbot recognizes and responds to these sensitive…
Which countries do business with Iran and what could new US tariffs mean?
Posted onJemma Crewand Faarea Masud,Business reporters EPA/Shutterstock US President Donald Trump has said countries doing business with Iran will face a 25% tariff on trade they do with America. It comes as Iran cracks down on anti-government protests, with thousands of people feared dead. Trump has used the threat of tariffs before to exert pressure on…
