No Major Offer Expected on Childcare in UK Budget
Parents hoping for major support to relieve the burden from some of the most expensive child care costs in the world may be disappointed by the UK spring budget, according to a KPMG tax expert.
Bloomberg Business
Climate Change Is Launching a Mutant Seed Space Race
Nuclear watchdog is exposing sorghum and cress to orbital radiation in experiment to trigger resistance against global warming.
The UK Is Using Drones to Prosecute Small-Boat Migrant Smugglers
In July 2020, 36-year-old Iraqi Rebwar Ahmed piloted an inflatable small boat carrying 20 migrants across the English Channel.
UK Braces for Rare Weather Event That Risks Late-Winter Freeze
The UK is preparing for a late blast of cold next week that could mark the start of an unusually chilly March.
Porsche, Ferrari E-Fuel Push at Heart of EU Engine Debate
Two of Europe’s most venerable names in the car industry, Porsche and Ferrari, are surfacing in an EU debate about a plan to kill the combustion engine — and they’re changing the conversation.
China to Increase Defense Budget to Meet Security Challenge
China needs to increase its defense spending to meet “complex security challenges” and “fulfill its responsibility as a major country,” Wang Chao, spokesman for the annual National People’s Congress legislative session, said at a press conference in Beijing Saturday.
OpenAI Rival Stable Diffusion Maker Seeks to Raise Funds at $4 Billion Valuation
With artificial intelligence booming, one key player in the fast-growing space is talking to investors about raising more money after just reaching unicorn status in a funding round late last year.
China E-Commerce Giant JD Set for $1.4 Billion Discount Spree
JD.com Inc. will offer discounts across its online shopping platforms from Monday in a 10 billion yuan ($1.4 billion) campaign to capture new users ahead of an anticipated Chinese economic recovery this year.
Voyager’s Bankruptcy Token Needs Regulation, SEC Lawyer Says
New cryptocoins that Voyager Digital Ltd. plans to issue to pay creditors in bankruptcy are actually securities that should be regulated, a lawyer with the US Securities and Exchange Commission said in court Friday.
iPhone Maker Plans $700 Million India Plant in Shift From China
Apple Inc. partner Foxconn Technology Group plans to invest about $700 million on a new plant in India to ramp up local production, people familiar with the matter said, underscoring an accelerating shift of manufacturing away from China as Washington-Beijing tensions grow.
