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K-beauty: From social media trend to economic powerhouse
Posted onSuranjana TewariAsia Business Correspondent, Seoul, South Korea Watch: Korean skincare is a multi-billion dollar industry – what makes it so great? Who would have thought serums infused with snail mucin – the sticky substance they secrete – would become a part of skincare routines around the world? Well, it’s happened – and the gooey elasticity…
AI boom could trigger market shocks, Bank of England boss warns
Posted onArtificial intelligence (AI) could trigger financial market shocks and the UK needs to be prepared for them, the governor of the Bank of England has warned. Andrew Bailey said the central bank is watching the huge amounts of money being invested in AI “very carefully” and cautioned that “not everybody always wins”. The money that…
Fertiliser costs mean Im better off not planting, says farmer
Posted onOlly Harrison, who farms in Tarbock, on Merseyside, said he bought his fertiliser for a good price last year and now believes – due to a wet and cold spring and limited growing days left, added with the costs of diesel for machinery – he may be better off not planting.
Covid Inquiry to probe furlough and business loans
Posted onThe third stage of the Covid-19 Inquiry begins hearing evidence on Monday focusing on the measures taken to support workers’ incomes and keep businesses afloat when the pandemic struck. It will focus on what action the UK government, devolved administrations in Scotland, Wales and Northern Ireland, and local authorities took, how well schemes were designed…
Three takeaways from Trumps Super Intelligence summit
Posted onTrump also reiterated his support for the rapid expansion of data centres – the crucial computing infrastructure that powers AI. The rollout of data centres has drawn pushback around the country over concerns about electricity usage and their potential impact on from communities. Data centre construction has also emerged as a potential political obstacle for…
Why your chocolate is getting smaller, more expensive and less chocolatey
Posted onArchie MitchellBusiness reporter Getty Images Crack open a tub of Celebrations or pull a Terry’s Chocolate Orange from a stocking these days, and have you noticed, there seems to be a little less to go around? Not only that, you might find – no, it is not your imagination – that some popular treats taste…
