Are you planning to work from the beach or abroad this summer? Email matthew.lodge@mailonline.co.uk Millions of Britons are planning to ‘work on the beach’ this summer as they take advantage of policies that allow them to do their jobs while away from the office. It is thought that more than six million people plan to … Read more
Image source, Getty Images Article information Author, James Kok Role, Scotland Editor July 2, 2024 Updated on July 3, 2024 When BP found oil in the North Sea in 1970, Aberdeen found gold. The discovery of the gigantic Forties Field sparked an economic boom that brought jobs to the city, profits to energy giants and … Read more
A British employment tribunal has ordered this Star burger Developer Cloud Imperium Games (CIG) must pay almost £30,000 ($38,000) in damages for discriminating against a disabled employee. The studio was taken to court by senior programmer Paul Ah-Thion (the plaintiff) after he implemented a return-to-office policy that did not meet his needs as a disabled … Read more
The first wave of the European Union’s groundbreaking, comprehensive legislation on digital assets comes into effect on Sunday. With the Markets in Crypto-Asset Regulation framework, Europe has managed to do what other jurisdictions, including the US, are still avoiding: providing legal and regulatory clarity for not just one part of the digital asset market, but … Read more
The UK’s largest trade union and financial backer of Labor staged a protest on Thursday and published an open letter calling for a reconsideration of the ban on oil and gas extraction. The letter was signed by almost 200 local businesses from Scottish towns that rely on the oil and gas industry. By means of … Read more
Newly restructured Swedish conglomerate, Embracer groupwill use AI models to drive game production. As stated in Embracer’s annual reportthe company has adopted a new AI policy package that it says has the potential to “massively improve” its manufacturing process by “increasing resource efficiency, adding intelligent behavior, personalization and optimization to gameplay experiences.” Embracer says that … Read more
Unlock the Editor’s Digest for free Roula Khalaf, editor of the FT, selects her favorite stories in this weekly newsletter. The Bank of Japan said it would “significantly” scale back its monthly bond-buying program worth ¥6 trillion ($38 billion), a crucial milestone in winding down its ultra-loose monetary policy and trimming its expansive balance sheet. … Read more
[Key takeaways] ● At its May meeting, the Federal Reserve kept its target range for the federal funds rate at 5.25%-5.50%, marking the sixth consecutive time it remained unchanged. ● The probability of a Fed rate cut in September has increased significantly from 50% to 70% in the first week of June due to indicators … Read more
Green aviation policies should be abandoned if the costs outweigh the benefits, the head of the world’s most influential aviation body has said. Willie Walsh, director general of the International Air Transport Association (Iata) and former boss of British Airways, said achieving net zero emissions by 2050 was “existential and not optional”. However, he also … Read more
Unlock the Editor’s Digest for free Roula Khalaf, editor of the FT, selects her favorite stories in this weekly newsletter. Rishi Sunak has vowed to introduce compulsory national service for 18-year-olds if he is re-elected, in his first major policy announcement since the start of the election campaign earlier this week. The move is part … Read more