business

EU moves to rein in ‘wild west’ of crypto assets with new rules | Cryptocurrencies

The EU has moved to rein in the “wild west” of crypto assets by agreeing to a groundbreaking set of rules for the sector. Representatives from the European parliament and EU states thrashed out an agreement on Thursday that contains measures to guard against market abuse and manipulation, as well as requiring that crypto firms …

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Close up with the new Trek Madone: Mads Pedersen’s Tour de France bike

Teased as the “ultimate race bike” in the build-up to its release, Trek finally unveiled the new Madone at the Tour de France with several new features. The most striking aspect of the design is a new IsoFlow seat tube technology that replaces the previous model’s IsoSpeed ​​system. The seat tube splits and forks outward …

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UK government action to minimize disruption in the aviation sector and protect passengers

Why there’s disruption in the aviation sector The majority of UK flights continue to be on time and without disruption. However, some passengers have faced disruption, which has also occurred in the aviation sector across Europe and globally, and has been caused by: Ensure industry deliver a realistic summer schedule 1) We and the CAA …

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Bunk beds in economy class? The in-flight innovation we’ve been waiting for

There are no plans, alas, for a comparable service that links the carrier with UK, after the 2019 scrapping of its iconic NZ1 from London Heathrow to Auckland via Los Angeles (previously the world’s longest direct flight, in that it retained its flight code after a stopover) which served British holidaymakers on their way to …

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The Gate-All-Around (GAAFET) Era Begins

Capping off a multi-year development process, Samsung’s foundry group sends word this morning that the company has officially kicked off production on its initial 3nm chip production line. Samsung’s 3nm process is the industry’s first commercial production process node using gate-all-around transistor (GAAFET) technology, marking a major milestone for the field of silicon lithography, and …

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BT staff vote for first national strike in 35 years | BT

BT staff have voted for their first national strike in 35 years, which is expected to affect customers across the country having broadband services installed or getting faults fixed. The strike by BT engineers and call center staff represents the vast majority of its 58,000-strong frontline workforce, and the trade union organizing the ballot has …

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Average UK house prices hit record high in June but slowdown signs emerge | housing market

The growth of UK house prices slowed this month, an index shows, as the weakening economy, cost of living squeeze, and rising interest rates cooled the market. Prices were up by 10.7% in June, slowing from 11.2% in May, Nationwide building society said. Prices rose by 0.3% in June, a notable slowdown on May’s 0.9% …

Average UK house prices hit record high in June but slowdown signs emerge | housing market Read More »

MARKET REPORT: Cruise company Carnival sets sail towards a £750m loss

Cruise company Carnival found itself in stormy seas amid mounting fears over rising costs and the outlook for its fleet. Shares in the firm behind the famous Cunard line fell 16.3 per cent, or 127.6p, to 653.2p on the FTSE 250, after analysts at Morgan Stanley cut the target price on the stock from 1050p …

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Climate change: Current government policy will miss net zero target, report warns | ClimateNews

The government’s existing policies will not deliver its flagship net zero carbon emissions target, according to a new report. The warning was issued by the Climate Change Committee, an independent body tasked with assessing the government’s plans to get to netzero emissions by 2050. Committee Chairman Lord Deben said: “The UK is a champion in …

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