UK Prime Minister Rishi Sunak Tuesday announced additional funding for Ukraine and pledged to increase Britain's own defence budget, during a visit to the Polish capital Warsaw.Sunak said Britain was giving GBP500 million ($617 million) in additional military funding for Kyiv as he held talks with Polish premier Donald Tusk and NATO chief Jens Stoltenberg.Sunak said London would gradually boost defence spending to 2.5 percent of GDP by 2030."In a world that is the most dangerous it has been...
Tesla reported a big drop in quarterly profits Tuesday amid an increasingly cutthroat electric vehicle market, but shares rallied as CEO Elon Musk pledged to accelerate plans for a more affordable EV.Tesla reported profits of $1.1 billion, down 55 percent from the year-ago quarter on revenues of $21.3 billion, down nine percent as the company described EV sales as "under pressure."But shares rocketed up more than 11 percent in after-hours trading after Tesla pledged to "accelerate" new more...
A colorful former tabloid publisher took the witness stand Tuesday at Donald Trump's "hush money" trial and described how he suppressed negative stories about the real estate tycoon, a practice known as "catch and kill."Trump, 77, the first former US president to face criminal charges, is accused of falsifying business records to buy the silence of porn star Stormy Daniels over a 2006 sexual encounter that could have damaged his 2016 presidential bid.Prosecutors allege that Trump engaged in...
Businesses had to pivot or shut down during the pandemic. With no sales, demand, and a host of restrictions, small businesses that could transition to a digital platform and still operate took that route while many others ceased to exist.According to the U.S. Bureau of Labor Statistics (BLS), 20% of small businesses fail within the first year. This rate jumps up to 50% in five years. After ten years, two-thirds of all companies have gone under."Not good odds. Not great odds at all," said former...
Alexis Olympia Ohanian (Olympia) acquired her second major sports club, the TGL golf league team, the Los Angeles Golf Club, in June last year, cementing her position as the youngest two-team owner in professional sports.The mini business mogul co-purchased the club with the help of her very successful parents, tennis great Serena Williams and Reddit co-founder Alexis Ohanian.Olympia first co-purchased Women's Soccer League Team Angel City, which Serena announced on social media in 2020.Actor...
New laws have been implemented in the southern Spanish province of Andalusia, allowing restaurant bosses to charge higher prices to customers sitting in the shade.The Regional Government of Andalusia has granted this change, but restaurants must follow specific guidelines if they would like to increase prices. According to Facua spokesman Ruben Sanchez, the price changes for tables in shady or sunny spots should be visible to customers; this can be displayed on a menu at the restaurant site, but...
Choosing health is not always easy - sometimes, it means defying expert medical advice for something you know will work for you. This is how Marilee Nelson, one of the proud trios who started Branch Basics, zeroed in on the importance of going natural with the products they use.Nelson used to suffer from a chronic illness that required her to go on dialysis. This was not acceptable to her, so she turned to a doctor who believed 'food can be medicine' - and it eradicated her concerns. This made...
Last year, the program Pickup 4 Change brought together Scottish farmers to donate vehicles for use in Ukraine. With a doubled target, the initiative aimed to supply 200 vehicles to deliver humanitarian aid. The resilience of industries like agriculture, bolstered by Ukrainian defence efforts, has been a beacon of hope during the conflict that started in 2022.Oleg Bakhmatyuk, founder and CEO of Urklandfarming, a group of major agricultural companies in Ukraine and globally, underscores the...
Micromanagement is a typical leadership style used in business and involves displaying excessive supervision to employees.Whilst micromanagers may have no intention of derailing others, their methods are deemed unpopular by many due to the limitation they put on a worker's independence.Microsoft co-founder Bill Gates previously micromanaged his staff during his early days at the tech company. The billionaire would memorise the license plates of his employees' vehicles to track them.During an...
Samsung and Google's AI collaboration keeps getting stronger. The famous Circle to Search tool on the Galaxy S24 is about to gain a new feature, proving the tech giants are constantly refining their AI offerings.Circle to Search is a handy AI feature that lets you seamlessly look up images. Draw a circle around or tap the image you're interested in, and relevant information appears in a pop-up window. No need to switch apps! Once you're done, dismiss the window and return to where you left...
In just one year, Nikhil Teja Kolli's startup, MokSa.ai, will make waves in the security industry. The company's AI-powered security cameras are helping businesses fight theft and fraud, and they've already amassed over 70 customers, generating £194443.20 ($240,000) in annual recurring revenue (ARR).While working a night shift at a convenience store on the edge of the Ozarks during his college days in Kansas, Nikhil Teja Kolli faced a terrifying situation. A man lingered inside until the other...
Public restrooms in China boast new, high-tech urinals offering health screenings for under $3. These urinals analyse urine for a range of health markers.Major Chinese cities like Beijing and Shanghai are installing these innovative urinals in some public men's restrooms. These urinals reportedly offer on-site urine testing for various health markers, with a quick and accurate analysis costing just 20 yuan (roughly £2.23).Shanghai documentary director Christian Petersen-Clausen shared his...