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Ryanair to raise fares after profits dip amid Italy abuse fine
Posted onRyanair is to raise its fares following a fall in quarterly profits after being fined by Italy’s competition watchdog for abusing its market position. The budget airline posted pre-tax profits of €24.4 (£21.2m) for the three months to December, an 83% drop from the same period the previous year. But the company remained confident saying…
Waitrose to suspend mackerel sales due to overfishing concerns
Posted onJake Pickering, head of agriculture, aquaculture and fisheries at Waitrose, said: “By suspending sourcing of mackerel at Waitrose we are reinforcing our ethical and sustainable business commitments, acting to tackle overfishing and protect the long-term health of our oceans and this crucial fish.”
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…
Trumps immigration data dragnet
Posted on“I’ve seen the apps and I don’t like them,” says a DHS official who left this year. “It’s rife for abuse.I imagine they’re being used in ways they were not intended.” He highlighted the risks of misidentification, noting that facial recognition often has elevated error rates for people of colour. “I have no confidence that…
The real impact of roadworks – and why theyre set to get worse
Posted onAlex ForsythPolitical correspondent BBC A few weeks ago, I was driving along the M6 late at night, towards the West Midlands, when I came across the orange flashing lights and miles of cones that signify road works. Two lanes were closed and the overhead gantry warned of a 50mph speed limit on the near-empty motorway….
Amazon holds engineering meeting following AI-related outages
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