Tech

US Bank Seeks Buyer As Confidence Crisis Spreads

PacWest is the latest mid-sized bank to search for financial help as confidence in the sector falls. Read more

Sausage Maker Heck Cuts Vegan Range As Appetite Drops

Heck says the public's appetite for meat-free sausages and burgers is "not really there yet". Read more

US Interest Rates Raised To Highest Level In 16 Years

Central banks in the US and Europe lift borrowing costs but the Fed hints it may hold off in future. Read more

Number Of People Getting Mortgages Rises Sharply

The Bank of England says the number of mortgages approved in March increased but from low levels. Read more

Qualcomm Chips Are Down As Smartphones Stay On The Shelf, Looks To AI For Rescue

Yes, maybe ChatGPT can write them a better earnings report next time Qualcomm's top line sagged further during the seco... Read more

AI Investigated In UK Over Fears Of Domination

Competition watchdog to investigate whether AI development is in consumers' best interests. Read more

British Gas Stops Using Contractors To Force-fit Prepayment Meters

The change follows an outcry after agents working for British Gas broke into the homes of vulnerable people. Read more

Meta Putting Child Users At Risk, Says US Regulator

The Federal Trade Commission says it wants to stop Facebook's owner from making money out of children. Read more

Shell Reports Stronger Than Expected Profits

The oil and gas giant makes $9.6bn between January and March despite a dip in energy prices. Read more

TSMC And Pals Dream Of €10B German Chip Fab

UK not included, too busy enjoying Brexit's sunlit uplands instead A collaboration between TSMC, NXP Semiconductor, Bos... Read more

Covid: China Tourism Rebounds Above Pre-pandemic Levels

Domestic travel in the country jumped sharply during the five-day May Day break. Read more

Beware Of Geeks Bearing Gifts, So Check The Fine Print On Cisco's Latest Financing Deal

Buy now, even services or second-hand kit, and pay in 2024 … if you feel lucky Cisco Capital, the networking giant's ... Read more

Credit Suisse: Asia Investors Sue Switzerland Over Bank Collapse

Investors are suing the Swiss government over its handling of the takeover of Credit Suisse. Read more

Uncle Sam Probes H-1B Abuse Surge: What Do Our Vultures Make Of It?

Two Limeys and two Yanks in immigration situation conversation Register Kettle  The H-1B visa system, which is used by... Read more

Can Morocco Solve Europes Energy Crisis?

Morocco plans to send renewable energy to Europe, but some want it to save it for its home market. Read more