Amazon is reportedly in discussions to invest as much as $10 billion in OpenAI, the artificial intelligence company behind ChatGPT, in a move that could value the business at more than $500 billion and further intensify competition in the global AI market. The talks, first reported by The Information and subsequently confirmed by multiple sources, are said to be at an early and fluid stage. News of the potential deal pushed Amazon shares up around...
Senior ministers and MPs have warned that the UK’s recent agreements with Donald Trump are dangerously fragile, after it emerged that the flagship deal to avoid US tariffs on pharmaceuticals has no detailed legal text beyond high-level political statements. The “milestone” UK–US pharmaceuticals agreement announced earlier this month, under which the NHS is expected to pay more for medicines in exchange for zero tariffs on exports to the US, currently rests on little more than...
Thousands of hospitality businesses risk losing their right to Covid-related insurance compensation unless the Financial Conduct Authority (FCA) intervenes to extend a fast-approaching claims deadline, industry leaders have warned. In an open letter to the regulator, disputes firm Stewarts, alongside major hospitality trade bodies representing more than 155,000 businesses, has called on the FCA to require insurers to extend the business interruption (BI) claims deadline by two years. Without intervention, many firms fear they will...
Two of the world’s largest auction houses have signalled a return to growth in the global art market, offering early evidence that a prolonged downturn in demand may be easing. Sotheby’s, headquartered in New York, said it expects sales to rise by 17 per cent in 2025 to around $7 billion. Auction sales alone are forecast to increase by more than a quarter year on year to $5.7 billion, alongside what the company described as...
The Bank of England has cut interest rates for the fourth time this year, lowering borrowing costs to their lowest level in almost three years as policymakers forecast that inflation will fall back to the 2 per cent target by spring. Members of the Bank’s nine-strong monetary policy committee (MPC) voted narrowly, by five votes to four, to reduce the base rate by a quarter of a percentage point to 3.75 per cent, down from...
Another weekend, another batch of matches that completely changed how the table looks. If you blinked, you missed some absolute chaos. Let me break down what actually mattered. Look, I know you’ve probably seen highlights on social media. But scrolling through random clips doesn’t tell you the actual story. The context matters. Sure, you can check basic soccer results anywhere and get the scorelines, but understanding why these matches actually mattered for the season? That’s...
Many people believe that trading requires long hours in front of multiple screens and constant market monitoring. However, this isn’t always the case. With today’s online tools and flexible trading instruments, it’s possible to trade with a packed schedule. Below are some practical insights of GCW-Management on how busy individuals can approach trading and why certain products, like CFDs, may be suitable for people who can’t dedicate entire days to market analysis. Trading doesn’t have...
Forex trading can be confusing at first because of the many terms traders use every day. To help beginners build a strong foundation, this AURUM GROUP guide explains some of the most common words you will see on trading platforms and in market analysis. 1. Currency Pair In forex, you trade one currency against another. This combination is called a currency pair. Example: EUR/USD shows the value of the euro compared to the US dollar....
For many businesses, vehicles are an essential part of daily operations. Whether it’s company-owned cars, leased vans, or employees using their personal vehicles for work-related travel, road usage is deeply intertwined with modern business activity. Yet, when accidents happen, many business owners are unclear about where responsibility lies — and how far their liability extends. Understanding how business liability works in road accidents is not just a legal concern; it’s a financial and operational one....
Michael Sayman said he had no intention of leaving Meta. He started working for the tech juggernaut as a youngster, transitioning from early consumer product facing work to executive leadership positions that influenced the way hundreds of millions of people communicate online. Michael said he took it day by day, not giving much thought for how his career would evolve and less about what the greatest use for his time was. Over the past year,...
