Category: Finance News

Feb 27

Alibaba commits $50bn to AI and cloud amid Jack Ma’s return to the spotlight

Alibaba, the Chinese tech conglomerate, has announced a colossal 380 billion yuan (£41.5 billion) investment in artificial intelligence and cloud computing over the next three years. The news follows the public rehabilitation of the firm’s founder Jack Ma, who recently re-emerged alongside President Xi Jinping and other tech leaders at a high-profile summit in China. […]
Feb 27

Covid inquiry to hear Michelle Mone – linked PPE Medpro evidence in closed session as NCA probe continues

The Covid inquiry will hold private hearings to examine details about the government’s awarding of multimillion-pound PPE contracts to PPE Medpro, a company with links to the Conservative peer Michelle Mone. Dame Heather Hallett, the inquiry chair, ruled that making the evidence public could jeopardise an ongoing National Crime Agency (NCA) investigation. The NCA has […]
Feb 27

Veuve Clicquot names 2025 Bold Woman Award finalists, celebrating the next generation of female leaders

Veuve Clicquot has announced the shortlist for its 2025 Bold Woman and Bold Future Awards, honouring six trailblazing female entrepreneurs and leaders who are reshaping their industries through innovation, determination and social impact. Now in its 53rd year, the award is the longest-running international accolade of its kind, providing a platform for women driving business […]
Feb 26

UK extends seasonal farm worker scheme for five years as inheritance tax row rumbles on

In an effort to ease tensions with the farming sector, Environment Secretary Steve Reed is set to confirm a five-year extension of the UK’s seasonal farm worker scheme. The announcement, due at the National Farmers’ Union (NFU) conference, follows weeks of discontent sparked by inheritance tax changes in the spring budget. Under the extended scheme, […]
Feb 26

Canada needs to gain control over its energy supplies amid tariff threats, says Peter Tertzakian

Article content Canada needs to demonstrate that it has control over its energy supplies in order to become a secure nation amid tariff threats from the United States, says one industry expert. Article content “We have a big decision to make in this country: whether or not for future generations and future prosperity, we want […]
Feb 26

Net Zero May Be Too Costly a Target for Europe, Vitol CEO Says

Breadcrumb Trail Links PMN Business European governments should be realistic about the costs to consumers and industry from pursuing strict net-zero emissions goals, according to the head of the world’s biggest independent oil trader. Author of the article: Bloomberg News Archie Hunter Published Feb 26, 2025  •  4 minute read r298pwg5maltght]s6izndi0_media_dl_1.png EPEX Article content (Bloomberg) […]