Global Billionaire Wealth Hits Record $15.1 Trillion as AI Boom Drives Record Headcount
The number of billionaires reached a record 3,795 in 2025, with total wealth surging to $15.1 trillion, driven largely by the artificial…
Tag: business
Business
Energy Supplier Firmus to Raise Bills by Up to 12.5% in Belfast
Utility cites Middle East conflict-driven gas costs as households face another wave of higher energy prices.
Technology
Zuckerberg Must Step Down for Meta to Prioritize Safety Over Profit
After an $18bn settlement over alleged harm to children, experts say the board should push Mark Zuckerberg out and restructure.
Business
Cardiff couple install meter after 42% water bill shock
Welsh Water hikes prompt Robert and Bernadette Guy to meter their supply, cutting costs from £1,400 to £600 annually through rigorous reuse…
Technology
Nvidia’s Equity Portfolio Surges to $99 Billion, Solidifying Role as Top Tech Investor
Nvidia's equity investments have skyrocketed more than tenfold in a year to $99 billion, positioning the chipmaker as one of the world's…
Argentina’s Milei Threatens Sanctions on Falklands Oil Projects as Trump Questions U.S. Support for Britain
President Javier Milei escalated the Falklands dispute by threatening sanctions on oil firms, while Donald Trump cast doubt on U.S. defense commitments…
Global Bond Sell-Off Lingers as Reliable Demand Fades, El-Erian Warns
Renowned economist Mohamed El-Erian says global government bond sell-off likely not over, citing structural buyer shortages and rising yields.
Business
Volkswagen Approves 50,000 Job Cuts in Strategic Restructuring Plan
VW secures approval for major workforce reduction and €6bn annual investment cuts under Future Plan 2030
Norway’s Sovereign Wealth Fund to Shift Away from U.S. Treasuries
NBIM plans to raise its allocation to non-government U.S. fixed income to 27.6%, aiming for higher premiums and volatility reduction through assets…
Business
Save the Children Aid for 1.5 Million Threatened by Iran Conflict Oil Surge
Save the Children warns that oil price spikes from the Iran conflict have erased aid for 1.5 million children, with extra costs…