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Christmas gifts wrapped for children across London
Posted onMatt Gravellingin Barking and Dagenham BBC Volunteers gathered in Barking to spread some Christmas cheer More than 100 volunteers have gathered in an east London community hall to wrap thousands of Christmas presents for children across the capital, with organisers saying for some, it would be the only gift they would get this year. The…
Oil back above $110 after expletive-laden Trump threat to Iran
Posted onTrump wrote on Sunday: “Tuesday will be Power Plant Day, and Bridge Day, all wrapped up in one, in Iran. There will be nothing like it!!! Open the Fuckin’ Strait, you crazy bastards, or you’ll be living in Hell – JUST WATCH! Praise be to Allah. President DONALD J. TRUMP”.
UK stock market hit by nerves over US banks
Posted onBen KingBusiness reporter Getty Images The UK’s stock market has fallen after a warning from two US banks triggered a sell-off in banking shares. Two US regional lenders, Western Alliance Bank and Zions Bank, said on Thursday that they had been hit by either bad or fraudulent loans, sparking fears of problems in the banking…
Gold price rises after US captures Venezuelas Maduro
Posted onPrecious metal prices have risen after the US capture of Venezuelan President Nicolás Maduro increased investors’ concerns about geopolitical risks. In Monday morning trade in Asia, gold was about 1.8% higher at around $4,408 (£3,282) an ounce, while silver was up close to 3.5%, as money was moved into so-called “safe-haven” assets. Meanwhile, crude oil…
Why tech CEOs suddenly love blaming AI for mass layoffs
Posted onIn recent weeks, giants including Google, Amazon, Meta, as well as smaller firms such as Pinterest and Atlassian, have all announced or warned of plans to shrink their workforce, pointing to developments in AI that they say are allowing their firms to do more with fewer people.
