Some mortgage rates cut below 4% as competition picks up
Two major lenders launched mortgage deals on Thursday with interest rates of less than 4%, as competition picks up in the sector. The prospect of further cuts in the base…
Google Maps blocks Gulf of America reviews after rename criticism
Google Maps has blocked reviews for the Gulf of Mexico, after criticism of its decision to label it “Gulf of America” for users in the US. The tech giant updated…
Jeff Bezos space firm Blue Origin to cut a tenth of jobs
Blue Origin, the rocket company owned by Amazon founder Jeff Bezos, is reportedly laying off almost 1,400 employees, about 10% of its workforce. The job cuts signal a pivot for…
Trump launches plan to target countries with new tariffs
US President Donald Trump is sharpening plans to hit exports from countries that he says have trade policies that are unfair to the US. On Thursday, Trump signed a memo…
With Trump’s tariffs looming – will countries scramble to cut deals?
A decision by US President Donald Trump to place a 25% tariff on all steel and aluminium imports has left some of the US’s major trade partners scrambling to make…
BP set to scale back green investments as profits drop sharply
Oil giant BP has said it will “fundamentally reset” its strategy as profits dropped sharply last year. It is widely expected to say later this month that it will scale…
AI chatbots unable to accurately summarise news, BBC finds
Four major artificial intelligence (AI) chatbots are inaccurately summarising news stories, according to research carried out by the BBC. The BBC gave OpenAI’s ChatGPT, Microsoft’s Copilot, Google’s Gemini and Perplexity…
UK not planning to hit back at US on steel tariffs
The UK will not retaliate immediately to the renewal of steel and aluminium tariffs by the US, the government has said. Trade minister Douglas Alexander said the UK would not…
Trump halts prosecution of firms accused of bribery abroad
US President Donald Trump has halted the enforcement of an anti-corruption law that allows the prosecution of Americans accused of bribing foreign officials. The law has been in place for…
‘We are not for sale,’ ChatGPT boss says after Musk bid
The chief executive of ChatGPT-owner OpenAI says it is “not for sale” after a $97.4bn (£78.4bn) takeover bid from a consortium of investors led by Elon Musk. Sam Altman, who…