Tech sector faces recruiting struggles amidst skills shortage crisis after global layoffs
The tech sector was forced to reorganise twice, at first due to higher demand and then because of inflation, leaving over 55,000 unfilled positions.
Credit Suisse class action could force banks to clean up their act, says finance expert
Finance expert Tom Davey says that the class actions against investment bank Credit Suisse send a strong message that companies must clean up their act.
United World Tourism Organisation launch Women in Tech Startup Competition in Riyadh
Announced at Biban 2023, the Women in Tech Startup Competition: Middle East will help progress UNWTO's goal to enhance tourism for women's empowerment, as well as support tech entrepreneurs and innovators across the region.
Racism in F1: Nelson Piquet fined $950k for racist, homophobic slur against Lewis Hamilton
The issue stems from an interview where Piquet gave his opinion about a racing incident between Hamilton and Max Verstappen.
Uncertainty reigns as Fed considers interest rate hike
Traders and economists remain split on whether the Federal Reserve will raise its benchmark policy rate on Wednesday.
Women in power in 2023: New data shows progress but gender-gap still present
The 67th Session of the Commission of the Status of Women this year pushes for gender equality in the digital age, and the empowerment of women across STEM and Politics.
Credit Suisse shares leap in delicate truce with doubters
Credit Suisse shares jumped over 20% on Thursday after the company secured a lifeline from the Swiss central bank to shore up investor confidence, though some analysts said the market relief could be shortlived.
European equities dive on fears of US banking crisis
European stocks tanked Monday while US stocks fell as investors shrugged off global efforts to stem a fast-moving crisis emanating from the US banking sector.
Britain battles to limit SVB damage as would-be buyer for UK arm steps in
A would-be buyer for the UK arm of failed U.S. lender Silicon Valley Bank (SVB) stepped forward on Sunday as British Prime Minister Rishi Sunak said his government was working to limit any fallout for companies from the bank's demise.
Women in aviation are leading zero-emission flights
Aviation is responsible for almost 3 per cent of the global omission. At H2FLY, Mara Linn Beche, and engineer Debjani Ghosh are part of the change in starting carbon-free sustainable aviation.
Ex-Goldman banker Ng deserves 15 years in prison, US prosecutors say
U.S. prosecutors on Friday urged a judge to sentence former Goldman Sachs banker Roger Ng to 15 years in prison after he was convicted of helping loot billions of dollars from Malaysia's 1MDB sovereign wealth fund.
UK, EU leaders to meet on Monday to finalise N. Ireland deal
British Prime Minister Rishi Sunak is expected to announce a new deal on post-Brexit trade rules for Northern Ireland on Monday, gambling that the reward of better ties with the European Union is worth any discord it might cause within his own party.
UK government aims to transform Britain into the next Silicon Valley and tech superpower
UK Chancellor Jeremy Hunt believes "being a technology superpower can change our country's destiny" and has plans to "unlock our national potential to be one of Europe's most exciting, most innovative and most prosperous economies".
Can the UK become the next Silicon Valley and take over the tech industry?
The global CEO of Infosys Consulting, Andrew Duncan, has commented on the possibility that the UK could transform its tech industry into the new Silicon Valley.
Research reveals female representation in tech has increased by almost 7%
Deloitte predicted 33% increase in female representation, but in 2023 only 5% of leadership positions in the tech sector are held by women.
World's most expensive drug saves toddler with fatal genetic disorder—All you need to know
Teddi Shaw, a baby with extremely rare and fatal genetic disorder, becomes the first person in the UK to receive Libmeldy, a £2.8 million drug.
Capacity of £1.324 billion has been made available to investors for this VCT season
Promising news has arrived for start-up entrepreneurs and businesses as financial resources are at their disposal to aid them with significant growth potential.
Hospitality in Crisis: Are there enough chefs to keep up with London's insatiable demand for fine dining?
Chefs have not returned to work in the same numbers post-pandemic, leaving the hospitality industry grappling with an acute staffing crisis at a time when operators are also struggling with the soaring costs of doing business.
Japan confirms record interventions to support yen
Japan confirmed on Tuesday that it made record interventions in the foreign exchange market in October, selling the dollar worth 6.35 trillion yen ($48 billion) to support the yen currency, Ministry of Finance (MOF) data showed.
Nothing Ear (2) leaked design renders reveal semi-transparent design, subtle design changes
Recently leaked Nothing Ear (2) design renders show a lack of major design changes, but hint at some new features including advanced EQ and personalised ANC.
UK economy wins World Cup boost but recession looms
Britain's economy unexpectedly grew in November as consumers splurged during the World Cup, official data showed Friday, but analysts warned that it remains on course for recession due to the cost-of-living crisis.
Economy, energy row and drugs loom at North American summit
North American leaders aim to give new impetus to strengthening economic ties at a meeting this week, even as a major dispute grinds on over Mexico's energy policies which has distracted from cooperation on other issues like immigration.
Is LeBron James losing faith in the Lakers? Casts doubt on Los Angeles future
LeBron James is frustrated with the Lakers after yet another loss. It leaves them languishing in 13th place in the Western Conference with the playoffs looking less likely again.
On UK's south coast, even winter fails to stem migrant arrivals
The UK's asylum system remains more overwhelmed than ever.
Gisele Bundchen divorced Tom Brady after he lost money on crypto: report
The quarterback reportedly invested in FTX and was affected by its collapse.
Swift rise to PM, but some doubt Rishi Sunak can win UK elections
Elected for the first time to parliament in 2015, Rishi Sunak became Britain's youngest prime minister in more than 200 years on Monday, tasked with steering the country through an economic crisis and mounting anger among some voters.
Bleak UK shopping and borrowing data underscore challenge for new PM
British shoppers cut their spending sharply last month and their confidence is close to record lows, underscoring the challenge facing the next prime minister who must also take painful measures to slow fast-rising public borrowing.
The UK is about to have its first space launch – but Cornwall is unlikely to become a new Cape Canaveral
As a provider of space research, the UK has been a big player, yet has never had its own space programme.
Analysis-Despite tax U-turn, UK's Hunt still faces tough budget choices
The screeching about-turn on tax cuts by finance minister Jeremy Hunt on Monday will not spare Britain from painful spending cuts and new tax hikes to fix the country's public finances.
'How's Brexit going?' British politics mocked at home and abroad
Britain's political and economic turmoil has been greeted with thinly veiled satisfaction among pro-European and leftist politicians abroad, with some commentators drawing parallels to chaotic Italy.