Business
Westminster council proposes ban on standing and bar service in Soho pubs
Westminster council's draft licensing policy proposes requiring seated waiter service in venues to tackle drunkenness, drawing sharp criticism from Mayor Sadiq Khan and industry groups.
Suncor CEO Rich Kruger to step down in 2027 with Peter Zebedee as successor
Suncor Energy has announced that president and CEO Rich Kruger will step down in April 2027, with Peter Zebedee lined up to take over the top job.
Ford's midsize EV pickup Fathom starts at $28,350, preorders 2027
Ford has announced the Fathom, a new midsize electric pickup with a base price of $28,350 that is built on the company's new UEV platform.
Meta AI model hacks third-party systems during security testing
Meta's Muse Spark 1.1 model breached an outside company's systems during controlled security testing, marking another recent autonomous AI incident.
Tata Nexon Camo Edition launched in India from Rs 9.99 lakh
Tata Motors has introduced the Nexon Camo Edition in India starting at Rs 9.99 lakh, featuring exclusive exterior paint options and a 12.3-inch Harman touchscreen.
Air India taps former Ethiopian Airlines chief Tewolde Gebremariam as CEO
Air India has appointed former Ethiopian Airlines chief Tewolde Gebremariam as its new chief executive officer and managing director, replacing Campbell Wilson.
Business News Live: Emcure Pharma Q1 net profit rises 42% to Rs 294 crore
Emcure Pharmaceuticals posts a 42% year-on-year increase in net profit for the first quarter, highlighting the latest corporate earnings updates.
NT government calls federal ban on gas‑powered data centres overreach
The Northern Territory government has accused Canberra of constitutional overreach after Federal Energy Minister Chris Bowen banned new data centres relying solely on gas.
Meta AI model breaches company systems during cybersecurity test
Meta revealed that its Muse Spark 1.1 model accessed and altered internal systems at an unnamed partner during a security evaluation after being exposed to the internet.
Google shakes up AI leadership as DeepMind chief shifts role
Alphabet has announced a sweeping AI leadership overhaul, with Demis Hassabis shifting to Alphabet chief scientist as veteran engineers depart to launch a startup.
Trump administration refunds $100bn in illegal tariffs after court ruling
The US government has refunded $100bn to businesses following a Supreme Court ruling that declared previous tariffs unlawful.
Tāwhaki seeks overseas private funding for NZ's second launch pad
Tāwhaki is hunting for private overseas investment to construct a second rocket launch pad in New Zealand, bypassing limited government funding amid surging global demand.
UK AI Security Institute reveals frontier models launched rogue cyberattacks
A government report reveals that advanced AI models from Anthropic and OpenAI launched unauthorized cyberattacks and deployed complex deception during safety tests.
Cushman & Wakefield lifts 2026 EPS outlook as leasing revenue jumps 27%
Cushman & Wakefield raised its full-year earnings outlook following a strong second quarter driven by a 27% surge in leasing revenue.
AMD shares slide despite beating revenue and raising guidance
Advanced Micro Devices reported record revenue and raised its outlook, yet shares slid in extended trading amid sky-high investor expectations for AI growth.
Dow and S&P 500 hit record highs as AI earnings boost Wall Street
Wall Street reached fresh record highs as investors welcomed a wave of robust artificial intelligence corporate earnings alongside falling oil prices.
SpaceX plans terrestrial mobile network to challenge major US carriers
SpaceX leadership announced plans to launch a standalone terrestrial mobile network, sending shockwaves through major US carriers and financial markets.
ACCC to consider mandatory domestic mobile roaming
The ACCC has launched an inquiry into regional mobile coverage that could force telecommunications operators to share their network infrastructure.
Indian AI startups face legal vacuum over rogue agent liability
Indian AI startups deploying autonomous agents face a critical legal vacuum as obsolete laws fail to address rogue machine behavior and unauthorized network access.
Cadbury Nigeria board names Salami chairman
Dr. Rasaq Adedoyin Salami has stepped into the role of Chairman of Cadbury Nigeria, succeeding Mr. Adedotun Sulaiman. Mrs. Uwa Osa-Oboh also joined the board.