Business

A London-based start-up which claims to have built an AI system capable of predicting global events has raised funds from a group of investors including Microsoft's ventures arm.

On the face of it, you could be fooled into thinking that nothing had changed.

Nick Read, the controversial former Post Office chief who was lambasted by MPs over his pay demands, has resurfaced at Modella Capital, the investment firm which has snapped up swathes of the British high street.

A Manchester-based payments company which counts the Disasters Emergency Committee among its users has landed a £20m funding round anchored by Gresham House, the privately held asset manager.

The US Federal Reserve has hiked the interest rate for the first time in three years, prompting Donald Trump to furiously demand they be lowered.

A quartet of executives will this week unveil a multibillion-pound European data centre venture amid urgent demand to address capacity shortfalls in AI infrastructure development.

The CEO of Nvidia has said there is no need to introduce regulations in the AI sector, following widespread concerns over safety.

Andy Burnham has shelved Sir Keir Starmer's plan to hold a flagship investment event later this year, with the next summit expected to take place outside London as part of the prime minister's effort to shift economic power into Britain's regions.

Private equity firms have begun circling the maker of I Can't Believe It's Not Butter as its long-standing owner kicks off an auction which could value it at about €7bn (£6bn).

The European Union wants Canada to become the block's first "associate member", as the country's trade war with Donald Trump escalates.