Russia’s invasion of Ukraine in maps — latest updates
• This web page is frequently up to date with the newest obtainable maps • Comply with at present’s Stay Weblog • Learn extra on the Struggle in Ukraine On February 24 final yr, the world awoke to information that…
Beyond Meat shares rally after hours on improved cash outlook
Past Meat introduced higher than anticipated forecasts for the present 12 months, together with double-digit gross margins, indicating that the group was making progress in its efforts to halt haemorrhaging money. The plant-based meat firm alarmed traders final 12 months…
Sam Bankman-Fried hit with further criminal charges
US prosecutors have widened their felony case in opposition to Sam Bankman-Fried, including new costs and detailing a “collection of techniques and schemes” by which they allege the FTX founder siphoned off billions of {dollars} from buyer deposits. The up…
BAE takes in record order flows on back of Ukraine war
BAE Programs reported its greatest 12 months for brand new orders in 2022 as Britain’s largest defence contractor benefited from a surge in enterprise from long-term programmes and forecast extra to come back because the battle in Ukraine drags on….
Nvidia extends its AI ambitions to the cloud
Nvidia stated it’s shifting sooner to a “new enterprise mannequin” of promoting AI companies on to massive corporations and governments, probably placing it on a collision course with the massive tech corporations which are its largest clients. The transfer comes…
Mexico’s former security chief convicted in US of helping cartel smuggle drugs
The previous head of Mexico’s safety forces, Genaro García Luna, has been discovered responsible of serving to the nation’s infamous Sinaloa cartel develop with impunity and flood US cities with cocaine, turning into the highest-ranking authorities official to be convicted…
Danone sales rise on price increases but inflation weighs on profits
Gross sales at Danone, the French maker of yoghurts and different meals merchandise, rose final yr as the corporate elevated costs within the ultimate quarter of 2022, however inflation and excessive prices weighed on its revenue margin. Gross sales rose…
Citigroup bucks Wall Street trend to give CEO Jane Fraser a pay rise
Citigroup elevated chief govt Jane Fraser’s pay to $24.5mn for 2022, making her the one massive US financial institution boss to obtain a pay bump amid a difficult yr for the trade. In a regulatory submitting on Tuesday, Citi stated…
Sci-fi made real as tales written by AI swamp magazine
A widely known science fiction journal has stopped accepting submissions for brand new tales, after being overwhelmed by a expertise its authors usually base their futuristic narratives on: synthetic intelligence. US-based Clarkesworld, which has revealed a number of award-winning sci-fi…
German energy importer Uniper vows to be profitable again despite €19bn loss
The nationalised German vitality importer Uniper has pledged to grow to be worthwhile once more even because it introduced a internet lack of €19bn final yr after Vladimir Putin reduce Europe’s provides of Russian gasoline. The corporate, which is 99…