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ChatGPT firm trials $20 monthly subscription fee
The chatbot has been used millions of times since its public launch last year. Source link ChatGPT, one of the world’s leading chatbot services, has announced that it is trialling a new $20 monthly subscription fee. The firm is renowned for providing businesses of all sizes with automated customer service through chatbot technology. With the trial of this subscription service,…
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Fed announces smaller rate rise as inflation cools
The US central bank announces its smallest rate rise in nearly a year. Source link Today, the Federal Reserve announced that in response to a reduced inflation rate, it will be raising interest rates by a smaller margin than originally expected. The lowered inflation rate, which measures the rate of increases in prices for goods and services, was cited as…
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Adani calls off share sale after price plunges
Last week, Hindenburg Research, a company that specialises in “short-selling”, or betting against a company’s share price in the expectation that it will fall, released a report that accused Mr Adani of “pulling the largest con in corporate history”. Source link In light of the recent financial turmoil gripping the Australian stock market, Indian company Adani Group have announced that…
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EU takes on US as tries to win electric car battle
The move comes after the US announced big investments in climate friendly technology. Source link In a move to strengthen its global presence and develop a technological edge in electric cars, the European Union has launched an ambitious strategy to compete with the United States in the electric vehicle market. The European Commission (EC) is taking a two-pronged approach: first,…
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Arnold Clark customer data ‘stolen in cyber attack’
A statement from Arnold Clark said: “While we were initially advised that all our data was secure, unfortunately, in the course of our investigation, it has become clear that during this incident, the attackers were able to steal copies of some data that we hold.” Source link Arnold Clark, one of the UK’s leading car dealership groups, has become the…
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Eastern Powerhouse: MPs call for region potential to be realised
A group of 20 MPs have written to the PM calling on him to engage with the Eastern Powerhouse. Source link In recent weeks, senior politicians have spoken out in support of unveiling the ‘Eastern Powerhouse’ and ensuring that the area’s potential is realised. Politicians on both sides of the House of Commons have suggested that East Britain should not…
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Brexit’s a complete disaster for trade – Shropshire business owner
Shamim Husein-Miya, the business director of Five Rivers Restaurant, has said the Walsall firm has had to adapt the way it recruits staff. “As a business, we looked at overseas recruitment for many years before Brexit, but now it has been more challenging.” Source link A leading Shropshire business owner has described Brexit as “a complete disaster for trade” in…
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HSBC staff get a uniform of jumpsuits and jeans
The shift to casual wear for the bank’s UK branch staff comes after BA unveiled jumpsuits for cabin crew. Source link HSBC, one of the world’s leading financial institutions, has revealed a new staff uniform policy. The uniforms will consist of both jumpsuits and jeans, signifying a shift towards a more relaxed and informal dress code. The new uniform policy…
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Ipswich business group begins new bid for city status
Ipswich Central says the town has much to offer to make it worthy of becoming a city. Source link The Ipswich business group has recently announced that it is making a renewed effort to acquire city status for Ipswich, a market town in East Anglia, UK. Established nearly 800 years ago, the town’s current population stands at over 130,000. A…
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Elon Musk's Tesla lost $140m on Bitcoin in 2022
Tesla invested $1.5bn in the cryptocurrency in early 2021, and briefly accepted it as payment. Source link It was recently reported that Tesla CEO Elon Musk’s electric car company, Tesla, lost a sizeable amount of money, estimated to be in the range of around $140 million, as a result of the cryptocurrency Bitcoin’s price fluctuations in early 2022. Tesla, which…
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