Business
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With AI, ‘everything is being evaluated’ at the London-based technology company IFS
The enterprise software firm IFS, headquartered in London and recently appraised at €15bn (£12.6bn), is shifting its entire business approach to focus primarily on artificial intelligence (AI) as it aspires to achieve a remarkable $100bn valuation by 2029. Focusing on asset-driven sectors like energy, manufacturing, aerospace, and telecommunications, IFS is directing more investments into AI-enhanced…
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British Airways invests in AI to minimize delays
British Airways is showcasing encouraging results stemming from its substantial investment in artificial intelligence, with enhanced punctuality numbers indicating that the technology is starting to resolve ongoing issues related to disruptions, cancellations, and operational challenges. Chief executive Sean Doyle characterized the initiative as “game changing,” highlighting a notable reduction in delays and flight cancellations. The…
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Jaguar’s branding misfire shows peril of abandoning heritage
After backlash to its ‘Copy Nothing’ campaign, Jaguar is rethinking its creative direction — and the audience it wants to serve.
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Apple considering raising iPhone prices
Apple is considering raising prices for its next iPhone lineup, with increases likely tied top new features and design changes, rather than ongoing US-China trade tensions. The current lineup ranges from $799 to $1,199. Yet analysts believe the newest model, Pro Max, could hit $1,900 if its pricing reflects upgrades and tariff costs. The Wall…
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Barriers faced by disabled entrepreneurs cost UK economy £230bn, report warns
A new government-backed Lilac review reveals that systemic barriers faced by disabled business owners could be costing the UK economy up to £230 billion annually. Read more: Barriers faced by disabled entrepreneurs cost UK economy £230bn, report warns
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Heathrow Airport reports record-breaking April
Heathrow Airport reported an increase in transatlantic passenger traffic in April despite President Donald Trump’s policy changes sparking a sharp downturn in US tourism. Some 1.8m passengers travelled between North America and the UK’s busiest hub over the month, up 5.5 per cent year-on-year. Heathrow also said year-to-date traffic to and from New York’s JFK…
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Abu Dhabi and Japan sign agreements to strengthen partnerships and boost bilateral trade and investment
ABU DHABI, UAE, 10 May 2025 – A high-level economic delegation from Abu Dhabi, led by the Abu Dhabi Department of Economic Development (ADDED), has concluded a productive visit to Japan aimed at deepening economic ties and strengthening cooperation between the two nations. The mission resulted in a series of strategic agreements with both Japanese…
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Santander rejected £11bn NATWEST bid for UK business
Santander rebuffed an £11bn bid for its UK retail banking division from Natwest earlier this year because it was was too low. The two lenders are no longer in negotiations, according to people familliar with the matter cited by the Financial Times, despite consistent speculation about the fate of the Spanish financial juggernaut’s UK business.…
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Bank of England governor urges UK to rebuild EU trade ties ahead of key summit
Bank of England Governor Andrew Bailey has urged renewed efforts to restore trade relations with the European Union.
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Intertek launches world’s first end-to-end global market access solution
Facing persistent geopolitical tensions, shifting tariff regimes and an increasingly complex regulatory environment, companies are experiencing rising challenges across every tier of their global supply chains. From speed to market and quality assurance to cost control and risk mitigation, the rapidly evolving trade landscape is forcing businesses to fundamentally reassess their sourcing and compliance strategies.…