Business

This spending review is a massive deal. It’s a massive deal because of the sums of money and capital the government is about to allocate – £600bn over the next three to four years.

Even for those of us who follow these kinds of things on a regular basis, the spending review is, frankly, a bit of a headache.

OpenAl’s ChatGPT service faces massive outage, leaves users frustratedUsers in India and the US encountered substantial interruptions, which mostly impacted the chatbot’s basic operationRepresentational image. Reuters

Zuckerberg aims for ‘superintelligence’ with new AI lab at MetaMeta CEO Mark Zuckerberg has set up a new artificial intelligence (AI) lab to pursue ‘superintelligence’, a stage where AI surpasses the capabilities of the human mind.Meta CEO Mark Zuckerberg presents Meta AI with Voice, as he makes a keynote speech during the Meta Connect annual event, at the company’s headquarters in Menlo Park, California, US, on September 25, 2024. (Photo: Reuters)

Poundland’s parent company is preparing to hand over tens of millions of pounds to help fund a takeover of the struggling British discount chain.

The Hong Kong-based investor CK Infrastructure Holdings (CKI) is demanding to be readmitted to the auction of ailing Thames Water, days after its preferred bidder walked away and pushed it closer to the abyss of nationalisation.

KPMG, one of the world’s big four accountancy firms, is preparing to kick off a process to select its next global chairman amid growing speculation that its UK chief intends to stand for the role.

A plastic recycling business which counts Nestle, the Swiss consumer goods giant, among its backers, will this week unveil a multimillion pound capital injection from one of its key shareholders.

Wood Group, the troubled London-listed oil services company, is racing to finalise a cut-price takeover by a Gulf-based rival by the end of the month.

Alcatel returns with the launch of V3 series of smartphones in India: Key features, price, availabilityThe French brand boasts of patented NXTPaper Display technology to sooth your eyes