Saturday, September 21, 2024

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Nvidia drops 10% as AI enthusiasm slows

Nvidia shares are down 9.5% since yesterday amid growing concern among investors that the AI market could be experiencing a slowdown.Share prices now stand...

Amazon announces pay rise for staff at Kent sites

Online giant Amazon, which has several warehouses in Kent, has announced a pay rise for its operational staff – but union members say...

‘Outrageous‘ move to slash compensation offered to defrauded bank customers

Moves to slash the amount of compensation offered to bank customers who fall victim to fraud have been slammed as “outrageous” by consumer campaigners.Finance...

Volkswagen has ‘one year’ to adapt as European sales collapse

It comes as Volkswagen, which is Europe’s biggest carmaker, faces plunging demand...

Nvidia stock just got creamed. But here’s what really matters.

The post-earnings slide in Nvidia (NVDA) continues. Shares of the AI chip darling plunged 9% in Tuesday's trading session as fears about slowing US...

Volkswagen has ‘a year, maybe two to turn around’, financial chief warns

Volkswagen says it has “a year, maybe two” to adapt to a slump in European car sales, as it seeks to justify proposals to...

Amazon announces pay rise for tens of thousands of UK workers

Amazon has announced a pay rise worth nearly 10% for tens of thousands of UK employees, after defeating an attempt by the GMB trade...

Mortgage cuts to slow as lenders await interest rate cut and Budget, experts say

The mortgage price falls seen over the past few weeks are likely to start slowing as lenders wait to see the effects of the...

Volvo abandons plan to sell only electric cars by 2030

Volvo, the Swedish car marque renowned for its environmental commitment, has scrapped plans to sell only fully electric cars by 2030 in the latest...

Scam complaints hit record high as fraud payout to be cut

Complaints about fraud and scams have reached an all time high as the UK regulator is poised to slash the amount banks must refund...

Barratt: Biggest UK housing firm to build fewer homes

Barratt Developments, the UK's largest housebuilder, saw a sharp drop in profits after it built far fewer homes last year.It completed just 14,000 in...

Barratt profits plunge 75% as number of houses built slumps

Barratt Developments has suffered a 75% drop in annual profit and a double-digit decline in home completions after a “challenging” year for Britain’s biggest...

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