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BRITAIN-BUSINESS-ROYAL MAIL

Royal Mail and Anglo American Prepare for Foreign Takeovers by Czech Billionaire and Australia's BHP

Shareholders of Royal Mail's IDS and mining company Anglo American are bracing for final takeover offers, which could lead to possible foreign ownership of these UK firms.


T-Mobile To Spend Over $4 Billion To Buy Majority of US Cellular's Wireless Operations—Here's Why

T-Mobile is willing to spend over $4 billion to buy most of the wireless operations of the US Cellular.

SUVs Hit Record High Sales, But Production Contributes to Rising CO2 Emissions

Global sales of SUVs hit a record high, but experts warn that these heavy vehicles also amount to increasing carbon emissions.

Russian Firms Turn to Cryptocurrency for Cross-Border Transactions with China Amid Sanctions

Russian firms increasingly use cryptocurrencies, such as Tether's USDT stablecoin, for cross-border transactions with Chinese partners to circumvent financial difficulties stemming from international sanctions.


Latest News

JAPAN-AUTO-COMPANY-TOYOTA-EARNINGS
Future hybrid cars from Toyota will have futuristic engines running on green fuels, challenging electric vehicles and aiming to reduce carbon emissions from the automotive industry.
JAPAN-NUCLEAR-ENVIRONMENT-FUKUSHIMA-TEPCO
Japanese company TEPCO will employ a remote-controlled robot to retrieve melted fuel debris from Fukushima Daiichi's damaged reactors, the first step in addressing the aftermath of the 2011 nuclear disaster.
Migrants Resume Channel Crossings In 2024
The UK is preparing for the implementation of the Entry-Exit System (EES) this October, which requires biometric registration for non-EU nationals.
OpenAI Sets Up Security and Safety Committee, Begins Development of 'Next Frontier Model'
OpenAI is establishing a safety and security committee and has started training a new AI model to replace GPT-4, enhancing its commitment to AI safety and advancing toward AGI.
T-Mobile Purchases US Cellular Operations, Expands 5G Coverage
T-Mobile is acquiring US Cellular’s wireless operations and spectrum assets for $4.4 billion, enhancing its network coverage and capacity while consolidating the industry.
Western Companies Are Finding It Hard to Leave Russia Amid Increasing Kremlin-Imposed Exit Costs
Despite initial pledges to exit Russia following the 2022 invasion of Ukraine, many Western companies, including Avon Products, Air Liquide, and Reckitt, remain in the country.
EU's ChatGPT Task Force Reveals Preliminary Findings on OpenAI's Privacy Compliance
The European Union's (EU) data protection task force has released its preliminary conclusions on OpenAI's compliance with privacy regulations concerning ChatGPT.
US, Europe Move Closer to Vaccinating Poultry and Dairy Workers Against Bird Flu
The US and Europe are considering acquiring or producing H5N1 bird flu vaccines to protect poultry and dairy workers.
ZA Retailer Pepkor Reports 3.1% Revenue Drop, Cites Supply Chain Disruptions on Imports
South African company Pepkor Holdings reported a 3.1% fall in its half-year earnings report due to ongoing supply chain disruptions at local ports that impacted its merchandise imports, but also reported a 9.5% revenue rise compared to the similar time period last year.
Argentina's Milei Plans to Meet Big Tech Bosses This Week in US Trip
Argentinian President Javier Milei is scheduled to meet several top-level Silicon Valley executives in the United States this week, including the bosses of Meta, Google, Apple, and OpenAI.
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