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This report is from this week’s CNBC UK Exchange newsletter. See what you see? You can subscribe here.dispatchcompass That rare beast is a British company that is a true global leader in this field.The world’s largest contract caterer serves 5.5 billion meals a year in schools, universities, workplaces, hospitals and sports venues in more than 25 countries and is considered financially sound.The company’s trading updates therefore tend to be less exciting, routinely containing news of organic sales growth, improving margins and new business successes as workplace catering operations are increasingly outsourced around the world.However, last week’s update raised even more…
Ryan Beiermeister, OpenAI’s vice president of product policy, was fired in January after a male colleague accused him of sexism, The Wall Street Journal reported. “Any claim that I discriminated against anyone is completely false,” Beiermeister told the Journal. TechCrunch reached out to OpenAI for comment as well as emails that appear to be connected to Beyermeister. Neither had responded at the time of publication. The magazine reported that Beyermeister’s firing came after she voiced criticism of a planned ChatGPT feature called “Adult Mode.” The new mode introduces erotica to the chatbot user experience. Fiji Simo, OpenAI’s CEO of applications…
Lincoln’s Rock has long been one of the Blue Mountains’ tranquil sunset spots, a rocky overhang overlooking a eucalyptus valley outside Sydney. But in recent years, the once sleepy Australian warden has found himself at the center of a global social media storm. Local officials say the surge in visitors chasing a viral photo has transformed the place almost overnight, raising crowds, safety concerns and environmental concerns in areas that cannot accommodate large numbers of tourists. Matters came to a head in 2023 when K-pop star Jenny Kim of Blackpink shared an image of herself sitting with her feet dangling…
Aerial view of Mt. Fuji, Tokyo Tower and modern skyscrapers in Tokyo on a sunny day.Eigen | E+ | Getty ImagesJapanese stocks are hitting record highs on the back of renewed confidence in domestic politics and the ruling government’s economic policies, but experts are warning of a disconnect between the stock market and economic fundamentals.Japanese Nikkei Stock Average Buoyed by the so-called “Takaichi trade” following Prime Minister Sanae Takaichi’s landslide victory in the House of Representatives, the number has exceeded 56,000, surpassed 57,000 and is approaching 58,000 in recent days.In Japan’s stock market, which is closed on Wednesday due to…
On Tuesday night, Elon Musk called an all-hands meeting for xAI employees. Apparently he wanted to talk about the future of his AI company, especially how it relates to the moon. Musk told employees that xAI would need a manufacturing facility on the moon, a factory that would manufacture AI satellites and send them into space with giant catapults, according to The New York Times, which heard the meeting. “I have to go to the moon,” he said, according to the Times. The move will help xAI leverage more computing power than any of its rivals, he explained. “It’s hard…
India – 2025/05/22: In this illustrated photo, the Bitcoin logo is displayed on a smartphone with the Hong Kong flag in the background. (Photo illustration: Avishek Das/SOPA Images/LightRocket, Getty Images)Sopa Images | Light Rocket | Getty ImagesHong Kong’s central bank is moving ahead with plans to issue the first batch of stablecoin licenses in March, despite China’s longstanding opposition to crypto activity. But experts see Hong Kong’s stablecoin plan as more of a hedge than a reversal of Beijing’s position.“We hope to make a decision by March,” Eddie Yue, head of the Hong Kong Monetary Authority, said at a Feb.…
The top batsman has been hospitalized with a stomach problem and is likely to miss India’s next T20 World Cup match.listen to this article | 2 minutesinformationPublished February 11, 2026February 11, 2026Click here to share on social mediaShare 2shareProlific Indian opener Abhishek Sharma was hospitalized with a stomach problem ahead of the T20 World Cup group match against Namibia, according to Indian media and sources.Sharma, the world’s top-ranked T20I batsman, is likely to miss India’s second match of the tournament against Namibia on Thursday.Recommended stories list of 4 itemsend of list”Abhishek was admitted to a private hospital in Delhi due…
The cross-border migration of the world’s wealthiest families is accelerating in what experts are calling the largest transfer of personal wealth ever recorded. Advisers who work with ultra-wealthy clients told CNBC that demand for cross-border migration, residency planning and citizenship consulting services is being driven by geopolitical tensions and sudden policy shifts. A report by Swiss multinational investment bank UBS found that 36% of the 87 billionaire clients surveyed have already moved at least once in 2025, and a further 9% are considering doing so. Among billionaires under the age of 54, 44% emigrated last year. Families are increasingly aware…
Elon Musk announced his new company xAI and said it has the goal of understanding the nature of the universe. Jaap Ariens | Nurfoto | Getty ImagesElon Musk’s xAI has lost its second co-founder in the past two days.Influential researcher Jimmy Barr announced his resignation in a post about X on Tuesday, thanking Musk and writing, “Thank you for helping co-found the company in its early days.”Barr’s departure comes a day after fellow co-founder Tony Wu announced his departure from xAI, which merged with Musk’s aerospace company SpaceX earlier this month. The exodus of the xAI co-founder comes as SpaceX…
The sport incorporates a certain kind of shenanigans: running headfirst on a small sled down a winding road at speeds of 90 miles per hour. But Lowe, the first American athlete to medal in skeleton in 12 years at the 2025 IBSF World Championships, admittedly didn’t think it was for her at first. “My coach walked me to the line and let me go, and all of a sudden I was going so fast I couldn’t see anything, I couldn’t process anything,” she told The Athletic in December, recalling her first taste of the sport in 2016 when she was…