Business

BP halts share buy-backs as annual profits slide
Posted on Tuesday February 10, 2026

Pressure mounts on oil and gas company as it aims for turnaround under new chief executiveBusiness live – latest updatesBP has halted share buybacks after reporting weaker annual profits as it prepares to continue a plan to resuscitate its fortunes under a new chief executive.The company became the first large oil company to suspend its buybacks after its underlying earnings fell to just below $7.5bn (£5.5bn) for 2025, down from almost $9bn for 2024. Continue reading...

Read more...


UK sleepwalking into joblessness epidemic, Tesco boss warns
Posted on Tuesday February 10, 2026

Ashwin Prasad says far fewer people in work than there could be with ministers just ‘tinkering at the edges’ of problemThe UK is “sleepwalking into a quiet epidemic” of joblessness with millions of people out of work and on benefits, the boss of the nation’s biggest supermarket chain has warned.Ashwin Prasad, who runs the UK arm of Tesco, said he believed far fewer people were in work than should be and that taxpayers were spending “an ever increasing proportion of our national income on out-of-work benefits”. Continue reading...

Read more...


Europeans shunning US as Emirates and Asia travel prove popular, says Tui
Posted on Tuesday February 10, 2026

Travel company reports lower demand for US amid signs Trump immigration crackdown is deterring travellersBusiness live – latest updatesEuropeans are booking fewer trips to the US, Europe’s biggest travel operator has said, as appetite for long-haul travel wanes and concerns linger around Donald Trump’s immigration policies.Tui, which receives most of its bookings from customers in Europe, has seen “significantly lower demand” for travel into the US, according to its chief executive, Sebastian Ebel. Continue reading...

Read more...


Opinion













Technology

Apple and Google pledge not to discriminate against third-party apps in UK deal
Posted on Tuesday February 10, 2026

Critics brand deal with regulator as ‘lightweight’ with ‘no legal bite’ as tech giants avoid legally binding measures Apple and Google have committed to avoid discriminating against apps that compete with their own products under an agreement with the UK’s competition watchdog, as they avoided legally binding measures for their mobile platforms.The US tech companies have vowed to be more transparent about vetting third-party apps before letting them on their app stores and not discriminate against third-party apps in app search rankings. Continue reading...

Read more...


Will the Gulf’s push for its own AI succeed?
Posted on Tuesday February 10, 2026

Tech giants Alphabet, Amazon, Microsoft and Meta to collectively invest $600bn on artificial intelligence this yearHello, and welcome to TechScape. Today in tech, we’re discussing the Persian Gulf countries making a play for sovereignty over their own artificial intelligence in response to an unstable United States. That, and US tech giants’ plans to spend more than $600bn this year alone.Bitcoin loses half its value in three months amid crypto crunchHow cryptocurrency’s second-largest coin missed out on the industry’s boomFiles cast light on Jeffrey Epstein’s ties to cryptocurrencyWhy has Elon Musk merged his rocket company with his AI startup?Hail our new robot overlords! Amazon warehouse tour offers glimpse of futureSocial media companies are being sued for harming their users’ mental health – but are the platforms addictive?Anthropic’s launch of AI legal tool hits shares in European data companies Continue reading...

Read more...


Sport


Posted on Thursday January 01, 1970

Read more...



Posted on Thursday January 01, 1970

Read more...


Market Watch