Credit Suisse owes millions to Georgia’s ex-prime minister, court sa...May 26, 2023 03:22 PM AEST | By PAMEDIA
It is the latest scandal for the Swiss bank whose yearslong problems forced its takeover by a rival.
SSE announces plans to invest billions as operating profit risesMay 24, 2023 02:50 PM AEST | By PAMEDIA
The FTSE 100 firm’s operating profit climbed to £2.53 billion and it announced plans that could see it invest up to £40 billion over the next decade.
US retailer removes LGBT+ products after threatsMay 24, 2023 06:50 AM AEST | By PAMEDIA
Target also confirmed that it has moved its Pride merchandise from the front of the stores to the back in some Southern US stores.
Meta sells Giphy to Shutterstock for £46m after UK blocked GIF platf...May 23, 2023 05:30 PM AEST | By PAMEDIA
The stock image service said it is paying cash for the GIF-sharing platform, which has 1.7 billion daily users.
US officials investigate whether Elon Musk’s ‘Twitter Hotel’ plan br...May 19, 2023 04:35 PM AEST | By PAMEDIA
Twitter is seeking to dismiss the case.
Fashion tycoon named richest person in Scotland for second year runn...May 19, 2023 06:00 AM AEST | By PAMEDIA
Billionaire Anders Holch Povlsen has been named as the richest man in Scotland for the second year running, the Sunday Times Rich List revealed.
Musk ‘not stepping down’ as Tesla boss as he says motoring giant wil...May 17, 2023 11:26 AM AEST | By PAMEDIA
Tesla has avoided paying for advertising, relying on Musk’s ability to generate free publicity.
US announces criminal cases involving flow of tech to Russia, China...May 16, 2023 06:12 PM AEST | By PAMEDIA
The Disruptive Technology Strike Force was launched as a way to prevent US adversaries from acquiring sensitive technology.
Government intervention on AI ‘will be critical’, ChatGPT chief tell...May 16, 2023 04:13 PM AEST | By PAMEDIA
OpenAI chief executive Sam Altman addressed a Senate hearing on Tuesday.
Slender uptick for Scottish retail sales as inflation eats away at g...May 16, 2023 03:42 PM AEST | By PAMEDIA
In April, sales north of the border went up by just 0.3% last month once inflation was taken into account, the Scottish Retail Consortium said.
Ayrshire firm fined £75,000 in Scottish firstMay 16, 2023 12:15 PM AEST | By PAMEDIA
Gas leaked out of four water chillers, according to environmental body Sepa.
Elon Musk must still have his tweets approved by Tesla lawyer, court...May 15, 2023 03:44 PM AEST | By PAMEDIA
The funding was not secured and Tesla remains public.
European growth forecast raised to 1.1% after winter recession avoid...May 15, 2023 09:12 AM AEST | By PAMEDIA
Europe had faced expectations of a winter energy catastrophe after Russia cut off most supplies of natural gas to the continent.
John Wood Group suitor drops £1.7bn takeover plansMay 15, 2023 06:47 AM AEST | By PAMEDIA
US firm Apollo Management said it would not be making an offer for Aberdeen-based Wood Group, just two days before the deal deadline.
G7 finance leaders vow to contain inflation as talks in Japan wrap u...May 13, 2023 04:58 AM AEST | By PAMEDIA
The finance leaders’ talks laid the groundwork for a summit of G7 leaders in Hiroshima next week.
G7 talks focus on ways to fortify banks as China accuses group of hy...May 12, 2023 09:08 AM AEST | By PAMEDIA
Tensions with China and Russia’s invasion of Ukraine loomed large over talks in Niigata.
Yellen warns US default would be ‘a catastrophe’ as G7 finance minis...May 11, 2023 07:01 AM AEST | By PAMEDIA
The impasse over spending risks leaving the US government unable to pay for teachers and medical care for veterans.
LinkedIn axing 716 jobs and closing China app in fresh tech cutsMay 09, 2023 11:02 AM AEST | By PAMEDIA
The professional networking platform blamed ‘shifts in customer behaviour and slower revenue growth’.
Apple reveals rare drop in revenue in latest resultsMay 04, 2023 09:45 PM AEST | By PAMEDIA
Results reported on Thursday were down but still better than expectations on Wall Street.
Construction begins on ‘carbon neutral’ Sutherland SpaceportMay 04, 2023 03:46 PM AEST | By PAMEDIA
Sutherland Spaceport will be home to the rocket company Orbex.