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Finance

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Finance

How to get the buzz back on Britain’s high streets | Letters

Readers respond to an article about the decline of town centres Sammy Gecsoyler’s report from Rotherham (‘It’s just vape shops, nail shops, charity shops’: can anything save the British high street?, 4 November) tells the story in its dates. One out-of-town retail park in Britain in 1981; 385 by 1996. Parkgate opened in 1987 and MPs warned that it would disembowel towns and villages. It did. Rotherham town centre is now 24% vacant, while retail park vacancy nationally sits at 4.8%. That is not a mystery. It is 40 years of planning policy. We have since gone one step further by making home deli

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Finance

Nvidia’s board needs to do some succession planning – sharpish | Nils Pratley

The chipmaker faces business risks and political scrutiny due to its over-reliance on founder and CEO Jensen Huang Why is Nvidia’s Jensen Huang at the centre of a US-China row? Too big – and too well-connected – to sack? One doesn’t have to be overly cynical to think Jensen Huang, the Nvidia boss, starts with one huge advantage as the chipmaker’s board starts its independent investigation into the alleged honeytrap spy scandal. The world of US big tech is not, to put it mildly, strong on checks and balances on a founder’s power. Huang does not enjoy the supercharged voting rights that are par

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Finance

Elon Musk and the tech bros banked on Trump and lost. Humbled, humiliated: what will they do next? | Jonathan Liew

Democrats won seats on anti-datacentre tickets and Musk wasted nearly half a billion dollars. Big tech may be losing its grip, but it won’t go quietly Photos That Precede Unfortunate Events: a couple of months back, Donald Trump hosted some of the world’s most powerful tech executives at the White House for a “Super Intelligence luncheon”, which by coincidence is also how my mum described her tuna sandwiches in a forlorn attempt to get me to eat them. Sitting either side of the president were Elon Musk, making a rare offline appearance in daylight hours, and Jensen Huang, the Nvidia chief exec

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Finance

EU sues IBM and two European firms over troubled entry/exit border system

Lawsuit filed last year against IBM, Atos and Leonardo after delays to delivery to troubled new system The EU has filed a lawsuit against IBM and two other companies involved in its troubled border-management system, an internal document has revealed. The bloc’s IT agency, EU-Lisa, filed a case last year against IBM, the French IT company Atos and Italian defence contractor Leonardo, the three members of a consortium to implement and maintain the EU’s entry/exit system, which was launched in October 2025. Continue reading...

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Finance

‘Obvious risk of further tragedy’ at rail crossing type at which Amazon driver died, inquiry finds

Call for overhaul of manually operated level crossings after delivery worker was killed by passenger train in Kent An Amazon delivery driver was killed by a train after he drove his van on to railway tracks at a manually operated level crossing, apparently without realising he needed to open the exit gate first, an official investigation has reported. Safety inspectors said there was “an obvious risk of further tragedy”, with a second similar fatal event still being investigated, and called for an overhaul of this type of crossing. Continue reading...

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Finance

Why is Nvidia’s Jensen Huang at the centre of a US-China row?

Donald Trump praised the chipmaker’s CEO despite reports he had an affair with a suspected Chinese spy Nvidia’s board needs to do some succession planning – sharpish Nvidia has launched an investigation into allegations that its chief executive, Jensen Huang, has been the target of a Chinese espionage operation. Huang has admitted to having an affair with a suspected Chinese spy who was reportedly central to the “foreign intelligence effort”. Continue reading...

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Finance

Insurance industry workers: how is climate-related risk managed in your company?

Whether you’re a modeller, actuary or underwriter, we’d like to hear how the insurance industry is dealing with climate risk With more frequent storms, floods, wildfires and drought, caused by climate change, having a huge impact on property around the world, we’d like to find out how the insurance industry is managing climate change risk. There have been reports of insurance workers, who analyse risk around a natural disaster, coming under pressure to downplay losses in order to keep premiums affordable for customers. The practice of underestimating risks to keep insurance premiums down could

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Finance

Anti-AI populism is the future of American politics | Garrison Lovely

Democrats should drag Sam Altman, Dario Amodei and Elon Musk before the world and make them explain just what it is they’re trying to do and why The AI industry had a bad night last week. The Democrats’ sweeping midterms victory is a rebuke of Donald Trump, the industry’s most powerful champion. Continue reading...

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Finance

Economic relief is on the way, Democrats say. But what, how and when?

Winning candidates promised to cut costs, rein in corporations, curb billionaire power and improve the economy Don’t worry, cash-strapped Americans, “relief is on the way”, the senator Chuck Schumer promised last week in a press conference celebrating Democrats’ massive midterms win. Winning candidates promised to cut food and healthcare costs, rein in corporations ripping off consumers and workers, curb billionaire power and make the world’s biggest economy better serve the working class. Continue reading...

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Finance

UK households face rush to find green energy installer to beat April VAT hike

Ministers pushed to reverse ‘policy madness’ of scrapping exemption on 5% tax rise for heat pumps, solar panels and batteries Households planning to invest in green energy upgrades, including heat pumps and solar panels, risk a nationwide rush to find an installer or face hundreds of pounds in unexpected costs unless the government abandons its looming VAT increase. Ministers are under growing pressure to reverse plans to scrap the 5% VAT exemption on home heat pumps, solar panels and batteries from 1 April which could add up to £1,530 on to the cost of a smart home energy system amid record d

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