Red Sea crisis poses risk to interest rates, warns Bank of England

[ad_1] A surge in shipping prices triggered by chaos in the Red Sea poses a threat to interest rates, the Governor of the Bank of England has warned.  Andrew Bailey…

Red Sea crisis poses a fresh inflation headache for the UK

[ad_1] “European countries are importing more oil from the Gulf states and elsewhere to offset the loss of Russian oil exports,” says James Swanston, a Middle East expert at Capital…

Bank of England will review the risks that AI poses to UK financial stability

[ad_1] The Bank of England says it will make an assessment next year about the risks posed by artificial intelligence and machine learning December 6, 2023, 7:30 AM ET •…

El Nino poses risk to 2024 palm oil output in Indonesia, Malaysia

[ad_1] The warm ocean water weather phenomenon El Nino is likely to affect major palm oil growing regions in the world impacting the yield of the commodity sometime in the…

A ‘thirsty’ generative AI boom poses a growing problem for Big Tech

[ad_1] For Google, meanwhile, total water consumption at its data centers and offices came in at 5.6 billion gallons in 2022, a 21% increase on the year before. Both companies are…

Here’s how a bridal photo captured a single person in three poses at once

[ad_1] Depending on how “online” you are, you may have seen a picture floating around socials with a strange quirk: a woman — comedian Tessa Coates — is standing in…

Danish Real Estate Poses Hidden Risk for Banks, Council Warns

[ad_1] Denmark’s banks should increase the amount of capital they hold to protect their exposure to commercial real estate, which may spark losses that are significantly larger than historical models…

Amnesty International claims Tiktok’s business model ‘poses danger’ to children

[ad_1] The business model of Tiktok is “inherently abusive” and “poses a danger” to children using the platform, damning new reports have said. The research from Amnesty International, published today,…

Victoria Beckham reveals her fashion empire is FINALLY making a profit – 15 years after it launched – as she poses for a chic Vogue France cover shoot

[ad_1] Victoria Beckham is Vogue France‘s latest cover star and looked incredible in a series of chic images from the striking shoot. The fashion designer, 49, – who gushed in the…

Politics poses the biggest threat to economic growth in China

[ad_1] Stay informed with free updates Simply sign up to the Chinese economy myFT Digest — delivered directly to your inbox. Three recent columns asked whether China’s rapid rise in…