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UK unemployment rate rises to 5% as jobs market weakens
Michael Sheils McNameeBusiness reporter Reuters The rate of UK unemployment has risen to 5% in the three months to September, showing signs the jobs market has weakened, according to new official figures. It is the highest rate since the period covering December 2020 to February 2021, according to the Office for National Statistics (ONS) –…
Waterstones would sell books written by AI, says chains boss
Felicity Hannah,Big Boss Interviewand Michael Sheils McNamee,Business reporter PA Waterstones would stock books created using artificial intelligence, the company’s boss has said, as long as they were clearly labelled, and if customers wanted them. However, James Daunt, a veteran of the bookselling industry, said he personally did not expect that to happen. “There’s a huge…
A Lament of Fire in the Skies of Dubai: The Tejas Tragedy Leaves the Air Heavy with Sorrow
The Dubai Air Show was shaken from its usually immaculate rhythm when an Indian Air Force Tejas light combat aircraft plunged from the sky in a near-vertical fall and exploded into a towering fireball beside the runway. What had begun as a polished solo display transformed within seconds into a scene of chaos as emergency…
How nervous are investors about the stock market?
Every week it seems US financial markets are hit by another bout of fear. The latest worries spread this week from the banking sector in the US, after two regional lenders warned they would be hit by losses from alleged fraud. But before that, markets swooned over signs of rekindled US-China tensions, as the two…
Air India crash aftermath handled ‘irresponsibly’, says court
The highest court in India has strongly criticised the country’s aviation authorities for their handling of the aftermath of the Air India plane crash that killed 261 people in June. Leaving only one survivor, the flight bound for Gatwick airport from Ahmedabad crashed shortly after taking off, killing 242 passengers on board and 19 others…
