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Long-term sickness costing UK economy GBP 43 bn a year, finds study

"UK economy faces a series of overlapping crises: low productivity, low growth, widening inequality and an historic fall in living standards."

Pencilmaker Doms Industries looks to go public to raise $300 million

RR Group launched the stationary brand Doms in 2006 and later consolidated its operations based in Umbergaon and renamed as Doms

Apple's AI coach Quartz will track mood to keep you fit & motivated

The move is part of a broader health push at the company. Its latest efforts also include an expansion of the health app to the iPad and features that could help users with poor vision.

First Republic Bank plunges on report of potential buyers for new shares

These banks have an incentive to deal as the political fallout of the FDIC making them whole on their $30 billion of deposits could be serious

UK gets record demand for debt that acts as protection against inflation

The huge demand for the bond comes as the UK increasingly looks like an outlier in the global fight to quash soaring inflation

Where the next targets lie after UK blocks Microsoft's Activision takeover

The regulator typically choses to take about a dozen big mergers a year for an in-depth investigation. Here follows a list of the major deals on the watchdog's plate

Bosch to acquire TSI Semiconductors, invest $1.5 bn in California foundry

The world's biggest auto-parts supplier plans to retool and modernize TSI's Roseville site with a target to start producing silicon carbide chips there from 2026, Bosch said Wednesday

Amazon layoffs 2023: Employees loose jobs in AWS Cloud Division

Amazon Web Services personnel in the US, Canada and Costa Rica whose jobs were being eliminated were notified early Wednesday, the unit's chief said in an email to staff

Microsoft's single day earnings surge to add record $151 bn in value

If the gains hold, the company will add $151 billion in market value, the most in the company's history, according to data compiled by Bloomberg

Drop the 'natural' in natural gas: Climate activists urge US officials

The Federal Trade Commission has said the Green Guides are based on how consumers reasonably interpret claims, not technical or scientific definitions

Microsoft looks to revamp AI reshaping search as Google calms investors

"Throughout the years, we have gone through many, many shifts in search," Google CEO Pichai said

Money-market managers rebrand almost $1 trn of funds in form of ESG

Money market funds registered as Article 8 currently have $986 billion of client assets, up about 43% since August, according to data compiled by Bloomberg

Bitcoin begins to test inflection point while momentum slows: Report

The largest digital currency is trading around its 50-day moving average, with Paul Hickey of Bespoke Investment Group noting that the level to watch is $27,500

Netflix loses over 1 million Spanish users over password policing in 2023

In early February, Spain became one of Netflix's first markets to introduce a monthly fee for users who shared their log-in details with another household and technical measures to detect such sharing

India to triple renewable projects auctions as 2030 green target looms

The nation is accelerating project installations to hit a goal to have 500 gigawatts of clean energy generation capacity in 2030

Heat waves, cyclones hit stock mkts across Asia signaling problems ahead

Extreme weather has always been part of the cost of doing business, but the frequency of such events is increasing

Is ChatGPT using artificial emotional intelligence as its secret weapon?

Their designers may also prioritize fluency over accuracy. That is one reason why these tools are exceptionally good at mimicking empathy

US companies based in China grow more pessimistic about bilateral ties

Ties between the two countries have worsened in recent months, with Chinese President in March criticizing the US for what he called a strategy of "containment and suppression"

Why RIL investors are still unconvinced of Mukesh Ambani's hydrogen foray

Mukesh Ambani's new-energy ambition is even more complex than his telecom foray, which triggered a long period of debt-fueled expansion

First Republic Bank plans $100 bn asset sale to shore up balance sheet

In addition to selling assets, the bank also plans to focus on loans that can be sold on the secondary market