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BBCNEWS World Business Report July 6, 2024 - Vimarsana News

BBCNEWS World Business Report July 6, 2024

let's get down to business. an australian firm — recharge industries — has come to the rescue and bought the battery maker britishvolt out of administration. the deal is expected to be announced shortly. britishvolt had plans to build a £4 billion gigafactory near the port of blyth in northumberland, but it ran out of money and collapsed last month. its downfall was blamed on a lack of battery experience, unproven technology, and therefore no customers oi’ revenue. the new owner is another start—up. recharge industries is owned and run by a new york—based investment fund c...

BBCNEWS World Business Report July 6, 2024 - Vimarsana News

BBCNEWS World Business Report July 6, 2024

and 48 hours to come up with the next generation of video games. we'll be hearing from the man behind the global gamejam. hello there. we start here in the uk, where the bank of england has raised the cost of borrowing for the tenth time in a row. the half—a—percent rise puts uk interest rates at 4%, their highest level in more than 1a years. a bonus, of course, for savers, but it piles more pressure on businesses and those with mortgages, loans and credit card debt. the good news is that the bank now thinks the uk's recession will be shorter and less severe than it previously th...

BBCNEWS World Business Report July 7, 2024 - Vimarsana News

BBCNEWS World Business Report July 7, 2024

week for big tech. plus a pre—halloween treat as the us economy returns to growth. but inflation�*s still a nightmare for president biden — with midterm elections looming. we start with the world's richest man: billionaire boss of tesla — space entrepreneur — and now the new owner of twitter. elon musk has now closed his $41; billion takeover of the social media giant ahead of a 5pm deadline set by a us court. and he has moved quickly to sack the company's senior management. it brings to an end a six—month—long and often bad—tempered takeover battle — that has raise...

AI to take centre stage at CES 2024 - Vimarsana News

AI to take centre stage at CES 2024

Artificial intelligence is expected to feature heavily across the show floor, with generative AI likely to be the main flavour.

StormGeo EU ETS Solution Enables Companies To Manage EU ETS Efficiently - Vimarsana News

StormGeo EU ETS Solution Enables Companies To Manage EU ETS Efficiently

StormGeo, a global leader in weather intelligence and vessel optimization and part of Alfa Laval, announced today the launch of their EU ETS solution,...