Business

Will AI kill developing world growth?

Image copyright Getty Images Image caption Could AI mean fewer opportunities for work in Africa? Artificial intelligence (AI) could displace millions of jobs in the future, damaging growth in developing regions such as Africa, says Ian Goldin, professor of globalisation and development at Oxford University. I have spent my career in international development, and in […]

Business

Competition watchdog recommends accountancy market overhaul

Image copyright AFP The UK’s competition regulator has recommended a major shake-up of the UK’s accountancy market. But it has stopped short of calling for the Big Four accountancy firms to be broken up. The Competition and Markets Authority (CMA) said auditing and consultancy services should be entirely separate. However, industry bodies criticised the proposals, […]

Business

'Crossrail could be delayed until 2021'

Image copyright Reuters Image caption The Elizabeth Line had been due to open in December 2018 Crossrail could be delayed until 2021, according to a senior source associated with the project to build a new railway east-to-west, underneath central London. The route, called the Elizabeth Line, had been due to open in December 2018. Crossrail […]

Business

Nordea boss says climate protests are 'just the beginning'

Image copyright Nordea Image caption Nordea Bank’s Sasja Beslik said the climate change protests were “just the beginning” Climate change protests will become much more commonplace, according to the head of one of Europe’s biggest ethical investment funds. The warning coincides with the arrest of nearly 300 people in London this week amid huge protests […]

Business

Jet Airways extends flight suspensions until next week

Image copyright Reuters Troubled Indian airline Jet Airways has cancelled its international flights until Monday as it struggles to secure fresh financing. The move extends a suspension of international operations – which run out of cities including London, Paris and Amsterdam – that was due to end on Thursday. With 123 planes, Jet Airways is […]

Business

Helium balloons 'cause increasing number of train delays'

Image copyright Network Rail Helium-filled balloons have been blamed for causing hundreds of train delays for passengers across the UK each year. Network Rail wants to highlight what it says is a growing problem. The rail infrastructure firm has recorded 619 balloon-related incidents – many dangerous – across England, Scotland and Wales in the past […]