Earlier this month, Sam Altman described the appointment of Peter Steinberger at OpenAI as one that would “drive the next generation of personal agents”. As
In his Reith lectures on artificial intelligence, Professor Stuart Russell read an extract from Alan Turing’s 1950 essay on computer machinery. “Once the machine thinking
How many fashion brands consistently generate over $5bn in revenue and $3bn in profits each year? Reading through the list of the top ten fashion
Syngenta commits $120m to new UK bioscience hub amid pharma pullback. The Chinese-owned agtech group will build the BioStar research centre at Jealott’s Hill, citing the UK’s agricultural innovation and science-based regulation. Syngenta says the purely commercial investment contrasts with drugmakers delaying projects.
Boston Tea Party posts 34% EBITDA growth and refinances debt amid changing consumer habits. All-day dining group Boston Tea Party reported EBITDA up 34% to £1.09m and turnover of £21.3m. The 22-site cafe chain refinanced its long-term debt and saw delivery sales rise 30%, positioning for further expansion.
Stonegate explores sale of 300 pubs as part of wider restructuring and refinancing plan. The UK’s largest pub operator is marketing around 300 pubs amid ongoing restructuring. The company, with turnover of £1.75bn, has seen like-for-like profit in its managed estate fall 22% versus pre-covid levels.
JD.com launches Joybuy in UK to challenge Amazon with same day delivery. Joybuy has rolled out nationwide, promising orders placed before 11am will arrive by 11pm. JD.com says 17m people in cities like Birmingham and Nottingham are covered. JoyExpress supports the push with over 60 European depots and three UK warehouses.
French investor moves to rescue Claire’s UK arm and keep stores open following administration under Modella Capital. Julien Jarjoura is in talks with administrators and landlords to save parts of Claire’s UK business. He says his plan could keep many of 154 shops trading. The move follows two UK administrations since 2024 and prior PE ownership by Modella Capital.
BaxterStorey partners with Claridge’s Chef Simon Attridge . BaxterStorey has appointed Simon as Chef Partner, returning to the business where he previously worked. He will contribute to menus, lead masterclasses, and support the Chef’s Academy while mentoring around 150 graduates annually.
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