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New job fresh out of uni? Here's how we survived the first few days
Source: BBC Business
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CNBC
Canada invited to become EU’s first ‘associate member’ as Trump trade war intensifies
EU chief Ursula von der Leyen said the bloc wants to open the door for Canada to become its first associate member, signaling a major deepening of ties.
CNBC
Intel, SK Hynix shares jump on report they're discussing U.S. memory chip manufacturing
The deal could be a big win for Intel which has been looking to gain marquee customers for its manufacturing, or foundry, business.
The Guardian2 outlets
‘We need to get it right’: union gusto for Burnham to face make-or-break tests
TUC conference rings with praise for new No 10 team, but battles loom over workers’ rights and north sea drilling Louise Haigh, the UK first secretary, got a standing ovation from trade union members in Brighton this week, as she acknowledged what she called “the necessity to be bolder in this second chance that we’ve been allowed”. Haigh was the stand-in at the annual TUC congress for Andy Burnham, absent because of his father’s death. Continue reading...
The Guardian
Bank of England expected to leave interest rates on hold on Thursday as inflation hits 3.1%, and rents accelerate – business live
Soaring motor fuel costs have pushed UK inflation to a five-month high in August Worryingly, the cost of goods produced by UK factories rose at a faster rate in August too. Producer output prices – or the cost of goods at the ‘factory gate’ - rose by 3.7% in the year to August, up from 3.3% in July. “Rising crude oil and petrol prices increased both the annual cost of raw materials and the price of goods leaving factories respectively.” Continue reading...
The Guardian
‘Pacing’ won’t eliminate the risk of AI doom. Here’s what could | David Krueger
The stark reality is this: we don’t know how to maintain control of these systems. But there are actions we can take With Jacob Coxon’s resignation from Anthropic , we have reached the AI risk tipping point. Millions of people are finally coming to understand what experts have known for years: AI companies have been gambling with all of our lives, and the odds are not good. In response, the Anthropic CEO, Dario Amodei, has introduced a proposal for “pacing the frontier”, endorsed by Sam Altman and Elon Musk. Can we breathe a sigh of relief? Are we about to step back from the edge of extinction? Amodei envisions a slowdown of one to two years, resulting in “profound progress” on technical safety measures. But that’s not what humanity needs right now. What we need is a plan in which we’re confident AI isn’t going to kill us, and this isn’t it. Continue reading...
The Guardian
Company behind failed Surrey oilfield project sells site at massive loss
New owners apply for permission to extract oil in Horse Hill despite landmark ruling from supreme court in 2024 After years of trying to dig for oil in Surrey, the company behind the drilling project that was turned down in a landmark supreme court ruling has sold off the site for a fraction of the money it spent on it, and rebranded as a clean energy company. Meanwhile, the new owners, who picked up the site for £1m, are applying, once again, for permission to dig. Continue reading...