Telegraph auction starts with claims of ‘extremely strong’ interest

One source said both titles were profitable and had delivered strong growth in recent months, meaning interest was expected to be robust. It is believed that some candidates will be interested in both newspaper and magazine, while others will bid on just one title. RedBird IMI hopes to recoup the £600 million it paid last … Read more

MARKET REPORT: Turbo Tufan starts Rolls-Royce

Rolls-Royce shares hit a record high, pushing its value above £40 billion for the first time. In another bullish session for the tech giant, Goldman Sachs analysts raised their price target for the share from 524p to 545p. The upgrade saw Rolls-Royce shares rise 2.8 percent (or 13 cents) to 485.5 cents, valuing its value … Read more

DWP quietly starts early rollout of universal credit to some ESA claimants, without telling MPs

Jo Churchill, head and shoulders, smiling, in a pink jacket, in front of an old building

The Department for Work and Pensions (DWP) has started telling 500 disabled people on unemployment benefits to move to universal credit, just days after a Conservative minister assured MPs that no claimant would face such a move until September. DWP previously announced that it would begin rolling out universal credit to the remaining Employment and … Read more

Staged combustion engine starts for the first time and spits out 350,000 hp in one second

Stoke Space FFSC rocket engine firing

It’s incredible how many different types of rocket engines are being developed simultaneously for use in space exploration. It’s something that shows that, if there was still a need for it, space is where the future of humanity can be found. In recent years, the biggest players in space exploration have begun investing heavily in … Read more

Starts With A Bang podcast #106 – the tricky hunt for Planet Nine

Starts With A Bang podcast #106 – the tough hunt for Planet Nine – Big Think Continue to article Starts with a bang – June 8, 2024 Beyond Neptune are some fascinating celestial bodies left over from the formation of our solar system. Could any of them be truly spectacular? This image shows an illustration … Read more

OpenAI starts training the next AI model as it combats security issues

Unlock the Editor’s Digest for free Roula Khalaf, editor of the FT, selects her favorite stories in this weekly newsletter. OpenAI said it had started training its next generation of artificial intelligence software, even as the startup backtracked on previous claims that it wanted to build “super-intelligent” systems that were smarter than humans. The San … Read more

Body Shop manager starts auction of affected chain

FRP Advisory will enter into discussions with potential buyers of The Body Shop after concluding that a CVA to restructure the business was not viable, Sky News has learned. By means of Mark Kleinman, city editor @MarkKleinmanSky Friday May 17, 2024 9:18 AM, UK The administrators of The Body Shop are to launch an auction … Read more