Grangemouth Refinery to Close in 2025, 400 Jobs at Risk
Grangemouth, Scotland’s only oil refinery, is set to shut down in 2025, resulting in the loss of 400 jobs, according to operator Petroineos. The closure, reported by Reuters, marks the
Gaming Peripheral Market Set to Reach $17.52 Billion by 2033, Driven by Competitive Gaming and Technological Advancements
The global gaming peripheral market, valued at $6.74 billion in 2024, is expected to experience significant growth, reaching $17.52 billion by 2033. This surge, reflecting a compound annual growth rate
Apple Could be About to Make the Biggest Change to the iPhone in 11 Years
Apple is gearing up to unveil its iPhone 15 in the coming days, and there's widespread anticipation that the new device will bring a significant change: the adoption of USB-C
A More Insidious Type of Crime is Pushing Some Stores to Close
The decision by retail giant Target to close nine of its stores in major cities due to persistent large-scale theft has raised concerns about the escalating problem of store crime.
Amazon Pulls AI-Generated Fallout Recap After Fans Flag Factual Errors
Amazon has removed an artificial intelligence-generated video recap of its TV series Fallout after viewers flagged multiple factual errors in the summary. The recap was part of a trial feature
Starbucks to Close Pickup-Only Stores, Citing Lack of ‘Warmth’
Starbucks has announced plans to phase out its mobile order and pickup-only stores, saying the format fails to deliver the sense of connection that defines the brand. The world’s largest
Reeves: Trade Ties with EU Take Priority Over US Deal
Chancellor Rachel Reeves has emphasised that the United Kingdom’s trading relationship with the European Union may be more significant than its ties with the United States. Speaking to the BBC
Owners of 143,000 Lincoln SUVs Warned to Park Outside Due to Fire Risk
Ford, along with the National Highway Traffic Safety Administration (NHTSA), is issuing a warning to owners of approximately 143,000 Lincoln MKC compact SUVs. These owners are advised to park their
Microsoft Begins Rollout of Controversial AI Screenshot Feature ‘Recall’
Microsoft has commenced the preview rollout of its AI-powered screen-tracking tool, Recall, which captures snapshots of users’ screens at intervals, prompting renewed concerns over digital privacy. Available to select users
Wall Street Journal: China Bans Use of iPhones for Government Officials
China has reportedly implemented a ban on the use of iPhones by central government officials, according to undisclosed sources cited by The Wall Street Journal. This development has led to
Evergrande Posts Losses of $81 Billion Over Two Years as it Reports Long-Delayed Results
Evergrande Group, the heavily indebted Chinese property developer, has finally released its long-delayed financial results, marking a crucial step in its debt restructuring, which is poised to become one of
US Government and States Launch Landmark Antitrust Lawsuit Against Apple Over iPhone Monopoly Allegations
In a groundbreaking move, the US Justice Department, alongside over a dozen states, has initiated a significant antitrust lawsuit against Apple, accusing the tech giant of unlawfully monopolizing the smartphone
Universities Shutting Down – ASUU Rues N200m to N300m Monthly Electricity Bill
The Academic Staff Union of Universities (ASUU) has raised alarm over the imminent collapse of many Nigerian universities due to the unsustainable cost of electricity. ASUU President, Prof. Emmanuel Osodeke,
Google Fined Nearly €3 Billion by EU Over Online Advertising Practices
Google has been hit with a €2.95 billion (£2.5 billion) fine by the European Union after regulators ruled that the tech giant abused its dominant position in the online advertising
Morgan Stanley CEO James Gorman to Step Down Within Next 12 Months
Morgan Stanley CEO James Gorman announced at the bank's annual shareholder meeting that he will step down from his position within the next 12 months. While the specific timing of
CBN Capital Reform: Nigerian Banks Secure Licences Under New Rules
Nigeria’s banking industry is undergoing a major shake-up following new capital requirements introduced by the Central Bank of Nigeria (CBN). In March 2024, the apex bank directed commercial lenders to
Elon Musk is Once Again the World’s Richest Man
Elon Musk has regained his position as the wealthiest individual in the world, according to the latest Bloomberg Billionaires tally. With an estimated net worth of approximately $192 billion, the
Electronic Arts Announces Layoffs Amid Gaming Industry Restructuring
Electronic Arts (EA), the renowned developer behind popular franchises like Madden NFL and Apex Legends, revealed plans to lay off 5% of its workforce as part of a larger restructuring
Sick People Leaving Workforce at Record Highs
A recent report by the Resolution Foundation indicates a concerning trend in the UK labour market, with the number of individuals leaving the workforce due to long-term sickness reaching record
Crocs Shares Nosedive as Cautious U.S. Shoppers Cut Back on Spending
Shares in Crocs tumbled by nearly 30% on Thursday, marking the brand’s worst single-day drop in almost 15 years, as the American footwear maker flagged a sharp downturn in consumer
