AI saves $500 million for Microsoft as layoffs reshape strategy

AI saves $500 million for Microsoft as layoffs reshape strategy

REDMOND, Washington: Artificial intelligence is transforming Microsoft's bottom line. The company saved over US$500 million last year...

FTC’s rule to ease subscription cancellations struck down by court

FTC’s rule to ease subscription cancellations struck down by court

WASHINGTON, D.C.: A federal rule designed to make it easier for Americans to cancel subscriptions has been blocked by a U.S. appeals...

Musk’s X loses CEO Linda Yaccarino amid AI backlash, ad woes

Musk’s X loses CEO Linda Yaccarino amid AI backlash, ad woes

BASTROP, Texas: In a surprising turn at Elon Musk's X platform, CEO Linda Yaccarino announced she is stepping down, just months after...

Ex-UK PM Sunak takes advisory role at Goldman Sachs

Ex-UK PM Sunak takes advisory role at Goldman Sachs

NEW YORK CITY, New York: Former British prime minister Rishi Sunak will return to Goldman Sachs in an advisory role, the Wall Street...

Gold ETF inflows hit 5-year high as tariffs drive safe-haven bets

Gold ETF inflows hit 5-year high as tariffs drive safe-haven bets

LONDON, U.K.: Physically backed gold exchange-traded funds recorded their most significant semi-annual inflow since the first half...

PwC: Copper shortages may disrupt 32 percent of chip output by 2035

PwC: Copper shortages may disrupt 32 percent of chip output by 2035

AMSTERDAM, Netherlands: Some 32 percent of global semiconductor production could face climate change-related copper supply disruptions...

U.S. stocks recover after Trump-tariffs-induced slump

U.S. stocks recover after Trump-tariffs-induced slump

NEW YORK, New York - U.S. stocks rebounded Tuesday with all the major indices gaining ground. Markets in the UK, Europe and Canada...

Stocks slide as Trump unveils 25% tariffs on Japan, S. Korea

Stocks slide as Trump unveils 25% tariffs on Japan, S. Korea

NEW YORK CITY, New York: Financial markets kicked off the week on a cautious note as President Donald Trump rolled out a fresh round...

BRICS issues rebuke on trade and Iran, avoids direct US criticism

BRICS issues rebuke on trade and Iran, avoids direct US criticism

RIO DE JANEIRO, Brazil: At a two-day summit over the weekend, the BRICS bloc of emerging economies issued a joint declaration condemning...

BP appoints ex-Shell finance chief Simon Henry to board

BP appoints ex-Shell finance chief Simon Henry to board

LONDON, U.K.: This week, BP appointed Simon Henry, former Shell finance chief, to its board as a non-executive director effective September...

FedEx, UPS step up as Canada Post loses market share in strikes

FedEx, UPS step up as Canada Post loses market share in strikes

OTTAWA, Canada: With Canada Post struggling to maintain operations amid labour unrest, rivals like FedEx and UPS are stepping in to...

U.S. stocks steady Tuesday despite tariffs turmoil

U.S. stocks steady Tuesday despite tariffs turmoil

NEW YORK, New York - U.S. and global markets showed a mixed performance in Tuesday's trading session, with some indices edging higher...

Beijing blamed for covert disinformation on French fighter jet Rafale

Beijing blamed for covert disinformation on French fighter jet Rafale

PARIS, France: French military and intelligence officials have accused China of orchestrating a covert campaign to damage the reputation...

Birkenstock steps up legal battle over fakes in India

Birkenstock steps up legal battle over fakes in India

NEW DELHI, India: Birkenstock is stepping up its efforts to protect its iconic sandals in India, as local legal representatives conducted...

Beijing hits back at EU with medical device import curbs

Beijing hits back at EU with medical device import curbs

HONG KONG: China has fired back at the European Union in an escalating trade dispute by imposing new restrictions on medical device...

Wall Street reels after Trump invokes new tariffs

Wall Street reels after Trump invokes new tariffs

NEW YORK, New York - Monday's trading session saw mixed performances across U.S. and global markets, with several major indices posting...

Xinhua Commentary: Now is time to broaden path of practical China-Australia cooperation

Xinhua Commentary: Now is time to broaden path of practical China-Australia cooperation

Over the past three years, China-Australia relations have steadily stabilized, improved and delivered tangible results through joint...

EU chief slams Trump tariff threat, pledges retaliation if required

EU chief slams Trump tariff threat, pledges retaliation if required

Imposing 30 percent tariffs on EU exports would disrupt essential transatlantic supply chains, to the detriment of businesses, consumers,...

Von der Leyen warns U.S. tariffs on EU would hurt transatlantic supply chains

Von der Leyen warns U.S. tariffs on EU would hurt transatlantic supply chains

BRUSSELS, July 12 (Xinhua) -- European Commission President Ursula von der Leyen warned that the United States' 30 percent tariffs...

Donald Trump announces 30% import tariffs on EU and Mexico over trade and border issues

Donald Trump announces 30% import tariffs on EU and Mexico over trade and border issues

Washington [US], July 12 (ANI): US President Donald Trump on Saturday announced a 30 percent tariff on goods from Mexico and the European...

US Treasury reports surprise surplus

US Treasury reports surprise surplus

The gains are largely driven by President Donald Trumps tariff hikes, which pushed customs duty collections to record highs The US...

"It was a test of India's indigenous systems vs Chinese systems...": Warfare expert Spencer on Pakistan's escalation during Op Sindoor

"It was a test of India's indigenous systems vs Chinese systems...": Warfare expert Spencer on Pakistan's escalation during Op Sindoor

New Delhi [India], July 12 (ANI): Noting that Indian strikes during Operation Sindoor were a message about its capability not just...

EU nation seeking guarantees in fight over Russian gas PM

EU nation seeking guarantees in fight over Russian gas  PM

Slovakia has made finding a solution for its energy security a condition for approving the latest EU sanctions package Slovakia hopes...

"Operation Sindoor wasn't just 4-day war, it was a decade of preparation put to test": Warfare scholar John Spencer

"Operation Sindoor wasn't just 4-day war, it was a decade of preparation put to test": Warfare scholar John Spencer

New Delhi [India], July 12 (ANI): John Spencer, warfare scholar and chair of Urban Warfare Studies at the Modern War Institute, stressed...

Column: Brazil says no to U.S. tariff threats

Column: Brazil says no to U.S. tariff threats

U.S. President Donald Trump's announced measure against Brazil lacks any justification from a trade balance perspective. by Evandro...

Raises more questions than answers: Aviation expert on Air India crash preliminary report

Raises more questions than answers: Aviation expert on Air India crash preliminary report

Pune (Maharashtra) [India], July 12 (ANI): Aviation expert Sanjay Lazar on Sunday said that the preliminary report by the Aircraft...

"No stone should be left unturned,": Aviation safety firm's CEO on AI 171's crash report

"No stone should be left unturned,": Aviation safety firm's CEO on AI 171's crash report

New Delhi [India], July 12 (ANI): Martin Consulting's Chief Executive Officer (CEO) Mark D Martin, an aviation safety expert said on...

EU plans to tax big corporates to boost coffers FT

EU plans to tax big corporates to boost coffers  FT

The plan is being explained by new spending demands, including for military buildup, and rising debt interest, the newspaper notes...

Indian consumer discretionary sector to show mixed signals: HDFC Securities

Indian consumer discretionary sector to show mixed signals: HDFC Securities

New Delhi [India], July 12 (ANI): The consumer discretionary sector is likely to show mixed signals and is expected to grow at a rate...

India pharma, healthcare revenue to grow steadily in Q1FY26E; EBITDA margins under pressure: Report

India pharma, healthcare revenue to grow steadily in Q1FY26E; EBITDA margins under pressure: Report

New Delhi [India], July 12 (ANI): Indian pharma and healthcare sector will witness steady revenue growth in the first quarter of the...

FPIs infuse Rs 5260 cr in Indian equities this week: NSDL

FPIs infuse Rs 5260 cr in Indian equities this week: NSDL

By Nikhil Dedha New Delhi [India], July 12 (ANI): Foreign portfolio investors (FPIs) remained net buyers in the Indian equity markets...

India's forex reserves fall by $3.05 bn to $699.74 bn; Gold reserves rise by $342 mn

India's forex reserves fall by $3.05 bn to $699.74 bn; Gold reserves rise by $342 mn

Mumbai (Maharashtra) [India], July 12 (ANI): India's foreign exchange reserves (forex) witnessed a slip of USD 3.049 billion to USD...

India highlights growing Indo-Pacific role under SAGAR vision in 2024 MEA report

India highlights growing Indo-Pacific role under SAGAR vision in 2024 MEA report

New Delhi [India], July 12 (ANI): The Ministry of External Affairs (MEA) has underlined India's increasing involvement in the Indo-Pacific...

Relations with US will never be the same von der Leyen

Relations with US will never be the same  von der Leyen

Washington and Brussels have been fighting over a tariff increase since February Relations with the US may never return to what they...

Canada: Carney cites 'vital progress' on fentanyl amid Trump's tariff threat

Canada: Carney cites 'vital progress' on fentanyl amid Trump's tariff threat

Ottawa [Canada], July 11 (ANI): A day after US President Donald Trump announced a new 35 percent tariff on Canadian goods set to take...

EU could fine Meta $22 million per day Reuters

EU could fine Meta $22 million per day  Reuters

Facebooks parent firm has reportedly refused to make further changes to its controversial pay-or-consent model Facebook's parent...

US State Department to begin mass layoffs within days media

US State Department to begin mass layoffs within days  media

Nearly 2,000 jobs in the executive branch dealing with foreign policy are reportedly on the chopping block The US State Department...

Reliance Industries to report April-June quarter earnings on July 18 after Board meeting

Reliance Industries to report April-June quarter earnings on July 18 after Board meeting

Mumbai (Maharashtra) [India], July 11 (ANI): The Board of Directors of Reliance Industries Ltd is scheduled to be held on July 18,...

Europe is losing JPMorgan CEO

Europe is losing  JPMorgan CEO

The regions economic competitiveness is dwindling, Jamie Dimon has warned Western Europe is losing the economic competition with...

BSE, NSE jointly urge investors to do due diligence before investing in bonds online

BSE, NSE jointly urge investors to do due diligence before investing in bonds online

Mumbai (Maharashtra) [India], July 11 (ANI): Stock exchanges BSE and NSE have jointly urged market participants to take into account...

News RELEASES

Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to The UK News.

More Information
null in null

Soccer

Section
Chelsea eyeing upset of PSG in Club World Cup final
Chelsea eyeing upset of PSG in Club World Cup final

(Photo credit: Lee Smith-Reuters via Imagn Images) EAST RUTHERFORD, N.J. -- Six weeks removed from their first UEFA Champions League...


World's most powerful direct-drive floating wind turbine unveiled in China
World's most powerful direct-drive floating wind turbine unveiled in China

BEIJING, July 12 (Xinhua) -- China has achieved a major breakthrough in clean energy technology with the rollout of the world's most...


The silent warrior: Odei Onaindia leaves FC Goa with a lasting imprint
The silent warrior: Odei Onaindia leaves FC Goa with a lasting imprint

New Delhi [India], July 12 (ANI): Football often celebrates the flamboyant. The scorers, the playmakers, the dramatic match winners....


India U20 women all set for first friendly against Uzbekistan in Tashkent
India U20 women all set for first friendly against Uzbekistan in Tashkent

New Delhi [India], July 12 (ANI): The Indian U20 women's team have arrived in Tashkent to play two friendly matches against Uzbekistan...


Astros host Rangers, seek consistency to remain atop AL West
Astros host Rangers, seek consistency to remain atop AL West

(Photo credit: Erik Williams-Imagn Images) The Houston Astros will complete the first half of the season atop the American League...


AIFF issues update regarding upcoming ISL season
AIFF issues update regarding upcoming ISL season

New Delhi [India], July 12 (ANI): The All India Football Federation (AIFF) has taken note of the communication issued pertaining to...


Featured story

Abbott Ireland announces expansion plans, new jobs

DONEGAL, Ireland - Announcing plans to expand its workforce in Donegal, the U.S. healthcare giant Abbott unveiled plans to create 500 new jobs in the country.Abbott Ireland currently hires c ...

Read More