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EasyJet CEO Assures Summer Flights Unaffected by Jet Fuel Shortages

EasyJet CEO Kenton Jarvis assures travelers that summer flights won't be disrupted by jet fuel shortages despite rising prices and Middle East tensions.

3 min read

Nvidia Surpasses Earnings Expectations Amid AI Chip Surge; Asian Tech Stocks Rally

Nvidia reports record $81.6bn revenue amid AI chip demand, boosting Asian markets. UK tax proposals and SpaceX's Nasdaq IPO plans also highlight today's business news.

3 min read

York Students Launch Affordable Prom Dress and Suit Hire Service

Huntington School students in York launched Dress 2 Impress, a social enterprise offering affordable prom dress and suit hire, easing financial pressure on families and providing free options for eligible students.

3 min read

Greenock Cycle Lane Sparks Debate Over Impact on Town Centre Businesses

A £6m Greenock town centre cycle lane faces calls for removal amid business complaints and cyclist concerns. A council review is underway amid divided opinions.

4 min read

Samsung Workers Suspend Strike After Tentative AI Bonus Pay Deal

Samsung's largest union has paused a planned strike after a tentative pay deal amid AI chip demand. The dispute centers on bonus distribution between memory chip workers and others, with potential global supply chain impacts.

4 min read

SpaceX Plans Historic IPO That Could Make Elon Musk a Trillionaire

SpaceX plans a historic US IPO under ticker SPCX that could make Elon Musk a trillionaire, marking the largest offering in Wall Street history.

1 min read

UK Secures £3.7bn Trade Deal with Six Gulf States

The UK has signed a £3.7bn trade deal with six Gulf states, removing tariffs on exports and supporting jobs, amid concerns over human rights and environmental issues.

2 min read

Meta Faces Potential Loss of Up to 350 Jobs in Ireland Amid Global Cuts

Meta plans to cut up to 350 jobs in Ireland as part of a global 10% workforce reduction amid increased AI investment and ongoing restructuring.

2 min read

UK Inflation Drops to 2.8% but Expected to Rise Amid Iran Conflict

UK inflation fell to 2.8% in April due to lower energy bills but is expected to rise to 4% amid the Iran conflict. Fuel prices hit highs, prompting government support and mixed economic signals.

4 min read

UK Inflation Drops to 2.8% in April, Driven by Lower Energy Costs

UK inflation slowed to 2.8% in April, driven by lower electricity and gas prices, beating expectations. Core inflation and food inflation also eased. Chancellor Rachel Reeves plans further cost-of-living measures amid rising energy concerns linked to the Iran conflict.

3 min read

China Confirms Purchase of 200 Boeing Jets Following Trump-Xi Summit

China confirms purchase of 200 Boeing jets after Trump-Xi summit, with supply guarantees and tariff truce extensions. The deal includes expanded market access and follows prior trade agreements.

2 min read

UK Supermarkets Urged to Voluntarily Cap Prices on Essential Foods Amid Inflation Concerns

The UK government has urged supermarkets to consider voluntary price caps on essential foods amid inflation concerns, but retailers have rejected the proposal, citing potential cost increases and market disruption. The SNP has pledged to use devolved powers to control prices on key items.

4 min read