Television channels, airports and banks around the world have been knocked offline in a massive outage causing Windows computers to suddenly shut down. Sky News’s breakfast show was not on air on Friday morning, replaced by archive footage. Downdetector, a website which monitors outages, reported sudden spikes in problems with websites including Microsoft applications, banking...
Tag: business
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European leaders discuss migration and Ukraine at a UK summit as concern grows about direction of US
WOODSTOCK, England (AP) — Leaders from across Europe expressed support for Ukraine and concern about the direction of the United States on Thursday at a security-focused summit clouded by worries about whether the U.S. will remain a reliable ally if Donald Trump wins a second presidency. Newly elected U.K. Prime Minister Keir Starmer welcomed around...
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777 Partners’ London Lions Basketball Team Faces Closure by Creditors
(Bloomberg) — A London basketball team owned by beleaguered investment firm 777 Partners risks closure in a legal action supported by a slew of creditors. The London Lions, a basketball club that 777 purchased in 2020, is facing a winding-up petition from one of its clothing suppliers, a court heard on Wednesday. AB Realisations 2023...
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UK’s new government announces legislation for ‘national renewal’ as Parliament opens with royal pomp
LONDON (AP) — Britain’s new Labour Party government promised to calm the country’s febrile politics and ease its cost-of-living crisis as it set out its plans for “national renewal” at the grand State Opening of Parliament on Wednesday. Stabilizing the U.K.’s public finances and spurring economic growth were at the center of Prime Minister Keir...
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DrayTek Survey Reveals What UK Businesses Think of their ISP
Networking kit manufacturer DrayTek, which is a familiar name in the broadband connectivity world, has published a new ‘ISP Performance and Perceptions Survey 2024’, which reveals what business users really think about their Internet Service Provider and what they view as their most crucial connectivity needs. The survey – download here – appears to be...
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Burberry stock sinks 16% on an ousted CEO and a warning of low profits
Advertising posters for fashion house Burberry high above buildings in Knightsbridge in London, United Kingdom. Image: Mike Kemp/In Pictures (Getty Images) British luxury fashion giant Burberry is having a tough time. Shares of Burberry plummeted 16% during early afternoon hours after the company reported dismal first quarter earnings in which it warned of a slump...
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Alibaba Announces NBA Legend Tony Parker as Newest Global Ambassador Ahead of the Olympics
Tony Parker is continuing to add to his extensive post-NBA resume. On Wednesday, it was announced that the four-time NBA champion and two-time Olympic representative of France is now the newest global ambassador for Alibaba, the multinational technology company that connects B2B buyers and suppliers from countries all over the globe. The partnership is beneficial...
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ANALYSIS | Britain veers left, but Labour’s honeymoon may be short-lived | CBC News
The Labour Party has stormed back into power in the United Kingdom after 14 years in opposition, promising to replace the “chaos of the Conservatives” with a bland, utilitarian agenda to fix the things in the country that are broken. “The change begins right here,” said Leader Keir Starmer after leading his party to a resounding 412...
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Starmer vows ‘government of service’ for national renewal as he takes power after Labour landslide
LONDON (AP) — British Prime Minister Keir Starmer said he would lead a “government of service” on a mission of national renewal in his first official remarks Friday after his Labour Party swept to power in a landslide victory after more than a decade in opposition. Starmer acknowledged in his first speech outside 10 Downing...
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In a proud and troubled UK town, voters wonder whether their election choice will make a difference
HARTLEPOOL, England (AP) — A lot of politicians have promised change to voters in Hartlepool, a wind-whipped port town in northeast England. For decades, Labour Party representatives said they would fight for working people, even as well-paid industrial jobs disappeared. Later, Conservatives under then-Prime Minister Boris Johnson vowed to bring new money and opportunities on...
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Philippine British Business Council celebrates 30th anniversary
AS the Philippine British Business Council (PBBC) moves toward its 30th anniversary under its new London chairman, Joseph Miro, the background for the further development of bilateral trade and direct investment opportunities for both countries has never been stronger. In 2024, it welcomed Gabriella Tuason Quimson and Stephen Phillips, among others, as members of the...
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BMCC’S 5TH BEA 2024 CELEBRATES UK-MALAYSIA BUSINESS ACHIEVEMENTS
SUBANG JAYA, May 22 (Bernama) — The fifth Business Excellence Awards (BEA) of 2024, hosted by the British Malaysian Chamber of Commerce (BMCC), celebrated the exemplary achievements of companies from the United Kingdom (UK) and Malaysia across seven categories. Among 48 nominees, Smith & Nephew Operations Sdn Bhd, a medical equipment manufacturer, received the UK-Malaysian Business...
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