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…
Trump says no exemptions with metal tariffs to start in March
Leaders in Europe and Canada have said they will not let Donald Trump’s plans to hit their steel and aluminium exports with tariffs go unchallenged. European Commission President Ursula von…
Heathrow to expand two terminals ahead of third runway
Heathrow Airport is set to confirm a multi-billion pound investment plan to expand two of its terminals ahead of submitting proposals for a third runway to the government this summer.…
The American goods that could rise in price from metal tariffs
A new 25% tax is set to be imposed on imports of steel and aluminium into the US from countries including Canada, Mexico, Brazil, as well as the European Union.…
Musk-led group makes $97.4bn bid for ChatGPT maker OpenAI
A consortium of investors led by Elon Musk offered $97.4bn to take over OpenAI, the maker of ChatGPT. The billionaire’s attorney, Marc Toberoff, confirmed he submitted the bid for “all…
Trump announces steel and aluminium import tariffs
President Donald Trump has ordered an across-the-board 25% import tax on all steel and aluminium entering the US in a major expansion of existing trade barriers. The tariffs, which will…