News Tesla recalls almost 3,900 Cybertrucks to fix faulty pedalsAn issue with the vehicle can cause it to unintentionally accelerate, increasing risk of a crash
Artificial Intelligence Meta unveils updated AI model Llama 3Chris Cox, the firm’s chief product officer, said that the Facebook owner is “no longer playing catch-up” on other tech companies’ AI products
ESG ESG poster child Unilever waters down green pledges as investors urge refocus on growthIn an interview, the consumer group’s new CEO Hein Schumacher said he needs to drive performance at the company
Streaming Crackdown on password sharing pays off for Netflix as it adds over nine million customersThe increase in customers was nearly double the average predicted by analysts
Energy BP reduces executive team to simplify company structure New chief executive Murray Auchincloss says the energy giant must deliver as a ‘simpler and higher value company’
Motoring Europe car sales drop in March as EV weakness persistsNew-vehicle registrations dropped by 2.8 per cent to 1.38 million units last month
Aviation New Boeing exec ‘committed’ to speeding up aircraft deliveries, says Michael O’Leary Ryanair might receive an extra two or three planes before the end of June, according to its chief executive
Economy BOE may cut rates before the Fed as UK inflation creeps closer to 3%Bank of England governor struck a different tone Tuesday, noting a ‘divergence’ between the US economy and those in Europe
Social Media X plans to charge new users in bid to cull botsCharging new users to post, like and reply is the “only way” to stop fake or bot accounts on the platform, according to Elon Musk
Artificial Intelligence Google to spend over $100bn on AI says Deepmind chief executiveGoogle acquired Deepmind, which was co-founded by Demis Hassabis, for $400m a decade ago
Jobs UK unemployment jumps to six-month high after economy coolsThe figures provided a tentative sign that inflationary pressures in the jobs market are cooling
Fintech Revolut backer says fintech’s valuation has jumpedAn investment trust managed by Schroders has revalued its stake in the fast-growing fintech
Markets Current disinflation is ‘necessarily bumpy’ - Philip Lane The chief economist at the European Central Bank told an event in Dublin that he was confident inflation would retreat back 2 per cent
Motoring Tesla to cut over 10 per cent of workforce in global retrenchmentElon Musk wrote to staff to inform them of the cuts, citing duplication of roles and the need to reduce cost
MedTech EU is set to launch China probe on medical device procurementThe probe arrives on the back of scepticism about Beijing’s use of massive state support to critical sectors
Business Post's View Editorial: Very welcome promises to reduce personal taxation must be delivered uponMichael McGrath’s final budget of this government is a good opportunity to ease burden on families and small businesses across the country
Business Post's View Editorial: Recognising Palestine must be done judiciouslyOne of the starkest divisions between the West and the rest of the world can be seen in their contrasting positions on the question of Palestine
Interest Rates ECB to hold with first rate cut locked in for June – pollJust one of 62 economists predicted a cut to interest rates when the European Central Bank meets today
Tech Amazon drops payments for Alexa app developersComapny is also winding down a programme that offered free credits for Alexa developers to power their programes with AWS
Economy US inflation tops forecasts once more, likely delaying Fed rate cutUnderlying inflation grew to 3.5 per cent in March, boosted by higher energy prices