Category: 3. Business

  • Thousands of UK customers report broadband issues

    Thousands of UK customers report broadband issues

    Thousands of Vodafone customers across the UK have reported its services are down.

    Downdetector, which monitors web outages, showed more than 130,000 people had flagged problems affecting their Vodafone broadband or mobile network on Monday afternoon.

    According to its website, the firm has more than 18 million customers in the UK, including nearly 700,000 home broadband customers.

    Vodafone said in a statement it was aware of a “major issue on our network affecting broadband, 4G and 5G services”.

    “We appreciate our customers’ patience while we work to resolve this as soon as possible,” the company said.

    It comes as people on social media say they are struggling to access Vodafone customer service operators amid ongoing issues affecting mobile data and broadband.

    Many have also said they are having difficulty accessing the company’s website and app, which typically allow people to view the status of its network services.

    Customers have also taken to social media to complain of “complete outages” in their area.

    The issues appear to have begun for customers shortly after 15:00 BST.

    Internet monitor Netblocks said in a post on X, live network data showed Vodafone was experiencing “a national outage” impacting both broadband and mobile data.

    Some customers have expressed being doubly frustrated by not being able to access their Wi-Fi or mobile data.

    “Sort it out soon please,” wrote one frustrated X user – who said they were having to use a coffee shop’s Wi-Fi to access online services without the means to do so using their mobile data or broadband.

    Another said they were self-employed and could not work because of the outage, adding: “Never regretted more having my mobile and broadband on the same network.”

    The issues affecting Vodafone services are also impacting customers of other telecoms firms that use its network.

    Downdetector saw a similar spike in reports on Monday afternoon from users of the mobile network Voxi, which is owned by Vodafone.

    Lebara, which piggy-backs off Vodafone’s network, has also been affected by the company’s outage.

    Continue Reading

  • Laphroaig® Capsule Sells for a Record-Breaking £125,000 at Distillers One of One Auction

    Laphroaig® Capsule Sells for a Record-Breaking £125,000 at Distillers One of One Auction

    Laphroaig ® Capsule 40-Year-Old Tasting Notes
    Bottled at 46.5% ABV

     

    Nose: Soft peach, baked apple, rich and viscous manuka honey, charred citrus fruit notes of orange rind intertwined with charred tropical fruit notes of pineapple. Underneath this there are notes of soft fig, milk chocolate orange, sweet star anise spice along with hints of demerara cane sugar, crisp pastry and creamy vanilla ice cream.

     

    Taste: Sweet and voluptuous on the mouthfeel, with floral spice initially, this dissipates to characters of aniseed, liquorice root, blackcurrant, stewed cranberries, honeycomb biscuits and homemade orange marmalade.

     

    Finish: Sweet, slight peppery yet soft leading to a long, signature smoke with a nod to Lapsang Souchong tea leaves.

     

     

    About Laphroaig® Whisky 
    Laphroaig is the number one selling Islay single malt globally* and is synonymous with this famous whisky island. Established in 1815 by the Johnston brothers, Laphroaig has stayed true to its bold and unforgettable character for over 200 years.

     

    Today, Laphroaig is one of only a handful of distilleries that continues to make whisky using traditional techniques like floor malting barley. From hand turning the barley and burning the peat at low temperatures to flavour the malt with cool smoke to slow distillation to maintain quality, this is what truly makes Laphroaig.  Our single malt whisky embodies the character of Islay in every drop of Laphroaig. From the distinctive peat which gives us our unique smoky character to the steadfast confidence and passion of our people, making Laphroaig unmistakable. The gives us our distinctive taste of Islay, salt and smoke with a surprising sweetness.  

     

    Laphroaig’s commitment to bold character has earned us a dedicated following of brand fans, the Friends of Laphroaig.

     

    Launched in 1994, the same year HM King Charles granted the brand a Royal Warrant, this global community has since grown to over 700,000 whisky lovers representing over 170 countries.

     

    *By volume and value in 2024. Source: IWSR Global Database 2025.

     

    For more information visit www.laphroaig.com

     

     

    About Suntory Global Spirits
    As a world leader in premium spirits, Suntory Global Spirits inspires the brilliance of life, by creating rich experiences for people, in harmony with nature. Known for its craftsmanship of premium whiskies, including Jim Beam® and Maker’s Mark®; Japanese whiskies, including Yamazaki®, Hakushu®, Hibiki® and Toki™; and leading Scotch brands including Laphroaig® and Bowmore®, Suntory Global Spirits also produces leading brands such as Tres Generaciones® and El Tesoro® tequila, Roku™ and Sipsmith® gin, and is a world leader in Ready-To-Drink cocktails, with brands like -196™ (minus one-nine-six) and On The Rocks™ Premium Cocktails.

     

    A global company with approximately 6,000 employees in nearly 30 countries, Suntory Global Spirits is driven by its core values of Growing for Good, Yatte Minahare and Giving Back to Society. The company’s Proof Positive sustainability strategy includes ambitious goals and investments to drive sustainable change and have a positive impact on the planet, consumers and communities. Headquartered in New York City, Suntory Global Spirits is a subsidiary of Suntory Holdings Limited of Japan.

     

    For more information, visit www.suntoryglobalspirits.com and www.drinksmart.com

     

    Continue Reading

  • ‘Complicated’ EPR packaging tax criticised by South West firms

    ‘Complicated’ EPR packaging tax criticised by South West firms

    George ThorpeSouth West and

    Seb NobleCornwall political reporter

    BBC A person places a bottle of win in a cardboard box in a warehouse. A grey machine with "siat" written on it in blue letters is next to the box. A grey Stanley knife is on top of the machine.BBC

    Business owners think Extended Producer Responsibility would force prices raises for customers

    Businesses in the South West have raised concerns a new tax on packaging could force them to raise prices.

    The government introduced Extended Producer Responsibility (EPR) this month which required firms to cover the cost for collecting, recycling and disposing of packaging it produces, with the money going to councils which collected the waste.

    Owners of businesses have criticised the tax which some described as “complicated” and could lead to customers having to pay more.

    The Department for Environment, Food and Rural Affairs (Defra) said EPR would move the cost of dealing with the waste away from taxpayers and generate more then £1bn for councils to improve recycling collections.

    Sam Lindo from Camel Valley Vineyard, based near Bodmin, said the winemaker could process up to 4,000 bottles a day.

    He said his main issue with EPR was the additional “bureaucracy” it brought.

    “It’s incredibly complicated because it’s not just the different types of packaging, it’s whether it goes to household, non-household, branded, unbranded,” Mr Lindo said.

    “My spreadsheet matrix is enormous.”

    Sam Lindo from Camel Valley Vineyard stands inside a warehouse where boxes of wine made at the vineyard are stored. He is stood next to two metal poles. His is gesturing with his hands out stretched. He is wearing a grey jumper with the company's logo on it.

    Sam Lindo from Camel Valley Vineyard said the tax would create more bureaucracy

    Joe Healey, managing director for trading at Healey’s Cyder near Truro, said he was concerned about the impact EPR could have on prices for customers.

    “It is a new tax on manufacturing which is directly linked, in my view, to the currently high inflation on food and drink at supermarkets,” he said.

    Caroline Voaden, Liberal Democrat MP for South Devon, said a businesses in her constituency were also worried about EPR.

    “The New Inn, a historic pub in my constituency, has been informed by the brewery that supplies it that prices will increase by 7p per bottle of beer and cider and by 21p per bottle of wine,” she said.

    “But the brewery won’t deal with the bottles afterwards, so they also have to pay for the disposal of the glassware.”

    Defra said EPR underpinned “major investment” in the UK economy and would help create 25,000 jobs.

    It said it had worked with businesses to ensure they were prepared for EPR’s introduction and would continue to listen to trade and industry bodies.

    “Extended Producer Responsibility moves the cost of dealing with waste away from taxpayers and generate over a £1bn annually that must be spent by councils to improve recycling collections and thereby benefit every household across England,” a spokesperson said.

    Continue Reading

  • NVIDIA Spectrum-X Ethernet Switches Speed Up Networks for Meta and Oracle

    NVIDIA Spectrum-X Ethernet Switches Speed Up Networks for Meta and Oracle

    Hyperscalers Broaden Adoption of NVIDIA Networking Solutions to Drive Giga-Scale AI Data Center Performance

    News Summary:

    • Meta to introduce switches built on NVIDIA Spectrum Ethernet for its Facebook Open Switching System platform.     
    • Oracle to build giga-scale AI supercomputers with Spectrum-X Ethernet switches.

    OCP—NVIDIA today announced that Meta and Oracle will boost their AI data center networks with NVIDIA Spectrum-X™ Ethernet networking switches.

    Meta and Oracle are standardizing on Spectrum-X Ethernet switches as an open, accelerated networking architecture that speeds deployment at scale, unlocks exponential gains in AI training efficiency and shortens time to insights.

    “Trillion-parameter models are transforming data centers into giga-scale AI factories, and industry leaders like Meta and Oracle are standardizing on Spectrum-X Ethernet to drive this industrial revolution,” said Jensen Huang, founder and CEO of NVIDIA. “Spectrum-X is not just faster Ethernet — it’s the nervous system of the AI factory, enabling hyperscalers to connect millions of GPUs into a single giant computer to train the largest models ever built.”     

    Oracle will build giga-scale AI factories accelerated by the NVIDIA Vera Rubin architecture and interconnected by Spectrum-X Ethernet.

    “Oracle Cloud Infrastructure is designed from the ground up for AI workloads, and our partnership with NVIDIA extends that AI leadership,” said Mahesh Thiagarajan, executive vice president of Oracle Cloud Infrastructure. “By adopting Spectrum-X Ethernet, we can interconnect millions of GPUs with breakthrough efficiency so our customers can more quickly train, deploy and benefit from the next wave of generative and reasoning AI.”

    Meta will integrate Spectrum Ethernet switches into its networking infrastructure for the Facebook Open Switching System (“FBOSS”), a software platform developed to manage and control network switches at massive scale. This integration will speed deployment at scale to unlock gains in AI training efficiency and shorten time to insights.

    “Meta’s next-generation AI infrastructure requires open and efficient networking at a scale the industry has never seen before,” said Gaya Nagarajan, vice president of networking engineering at Meta. “By integrating NVIDIA Spectrum Ethernet into the Minipack3N switch and FBOSS, we can extend our open networking approach while unlocking the efficiency and predictability needed to train ever-larger models and bring generative AI applications to billions of people.”

    NVIDIA Spectrum-X Ethernet Platform

    Designed for the trillion-parameter model era, the NVIDIA Spectrum-X Ethernet platform, consisting of Spectrum-X Ethernet switches and Spectrum-X Ethernet SuperNICs, is the first Ethernet platform purpose-built for AI, enabling hyperscalers to interconnect millions of GPUs with unprecedented efficiency and scale.

    Trillion-parameter models and generative AI are redefining the scale of data centers. Spectrum-X Ethernet enables AI at scale, delivering the performance and scalability needed to build the world’s most advanced AI infrastructure.

    Spectrum-X Ethernet has already demonstrated record-setting efficiency, enabling the world’s largest AI supercomputer to achieve 95% data throughput with its congestion-control technology. By contrast, off-the-shelf Ethernet at scale suffers from thousands of flow collisions, limiting throughput to roughly 60%.

    This leap in efficiency marks a breakthrough in the economics and performance of AI-scale networking. NVIDIA Spectrum-XGS Ethernet technology, part of the Spectrum-X Ethernet networking platform, enables scale-across capabilities to link data centers across cities, nations and continents into vast, giga-scale AI super-factories.

    Spectrum-X builds on NVIDIA’s full-stack platform — including GPUs, CPUs, NVIDIA NVLink™ and software — to deliver seamless performance from compute to network. Its advanced congestion control, adaptive routing and AI-driven telemetry capabilities ensure efficiency and predictability for massive AI training and inference clusters.

    Continue Reading

  • Leading Real Estate Lawyer Michelle Kelban Joins Kirkland | News

    Kirkland & Ellis announced today that top real estate attorney Michelle Kelban has joined the Firm as a partner.

    “Michelle is widely recognized as one of the preeminent lawyers in the real estate sector, representing leading private equity sponsors in the full range of transactions involving real assets,” said Jon A. Ballis, Chairman of Kirkland’s Executive Committee. “We’re very excited to welcome her to Kirkland as we continue to grow in strategically important practice areas like real assets.”

    Ms. Kelban advises clients on a wide array of sophisticated real estate transactions, including private capital raising, financing, acquisitions, joint venture recapitalizations, and restructurings and workouts. She represents a diverse range of market participants, such as private equity firms, institutional lenders, U.S. and international investors, and family offices.

    “I am thrilled to join Kirkland and its outstanding real assets team,” said Ms. Kelban. “The firm has an incredibly diverse platform for the type of transactions I handle and the clients with whom I work. I look forward to contributing my experience and working collaboratively with the team to help further grow and strengthen the real assets capabilities at Kirkland.”

    Ms. Kelban has been recognized by publications such as Chambers USA, where clients commended her “great business judgment,” and The Legal 500 U.S. She was named one of the most influential women in New York commercial real estate by Bisnow this year. And last year, Law360 named her as one of their Real Estate MVPs. Ms. Kelban joins from Latham & Watkins LLP, where she was a partner.

    Kirkland’s Real Estate Practice Group is made up of experienced, multidisciplinary lawyers who apply their highlevel real estate knowledge to a wide range of complex business transactions. The practice regularly represents the industry’s most active and sophisticated private equity sponsors, as well as publicly traded REITs, sovereign wealth funds, major pension organizations and other institutional investors in connection with their real estate and real estate-related activities from fundraising and structuring through deployment of capital and final disposition, mergers and take-private transactions and recapitalizing such investment entities to the extent necessary.

    Continue Reading

  • New STAR guidance supports governments and civil society in accelerating Nature-Positive action – Press release

    New STAR guidance supports governments and civil society in accelerating Nature-Positive action – Press release

    To expand uptake of the Species Threat Abatement and Restoration (STAR) metric, IUCN has launched two new guidance documents for use by governments and civil society. These publications enrich IUCN’s body of guidance on species conservation action by providing targeted guidance for government and civil society audiences, thereby helping to advance Nature-Positive action globally.

    The STAR metric is a scientific tool developed by IUCN that quantifies the potential conservation gain from threat abatement and habitat restoration actions by measuring their contributions to reducing species’ extinction risk. Built on the IUCN Red List of Threatened Species™, STAR enables governments, businesses, investors, and civil society to target conservation investments and measure their contributions to global biodiversity targets.

    STAR offers a common language for governments, Indigenous Peoples, and businesses. It allows us to understand where we can truly reduce species extinction risk by doing specific actions. In this event, we aim not only to share experiences, but also to open a dialogue about challenges and limitations, so that STAR can guide fairer and more effective decisions toward Goal A of the Global Biodiversity Framework,” said Randall Jiménez, IUCN Senior Conservation Scientist, emphasising STAR’s role in building bridges across sectors.

    The first publication launched, titled “Using the STAR Metric to Achieve Biodiversity Goals: Guidance for Governments,” explains how governments can use STAR to set targets, plan policy, and direct conservation action. It is particularly relevant to ministries of environment, natural resource agencies, and cross-sectoral decision-makers in areas such as agriculture, infrastructure, and development planning.

    The second publication, titled “Using the STAR Metric to Support Nature-Positive Outcomes: Guidance for Civil Society Organisations,” provides tailored guidance for NGOs, Indigenous Peoples’ associations, local community groups, and research or policy institutes. It shows how STAR can inform advocacy, funding, monitoring, and implementation of conservation and restoration projects.

    Applying the STAR metric in Indigenous Territories offers an opportunity to integrate Indigenous territorial governance as a key variable, recognizing the effective exercise of rights while strengthening biodiversity conservation. The conceptual framework formulated for its application is based on epistemological hybridity, understood as the articulation between scientific and Indigenous knowledge,” said a spokesperson for Project VOCES–IUCN. “It is not a question of merging or hierarchizing them, but rather of valuing their complementarity, thus opening up new spaces for understanding and collaboration that enrich environmental management.

    The publications were launched at the IUCN Congress at an event which featured case studies on STAR’s use across diverse contexts, including Indigenous territories in Mesoamerica, Costa Rica’s national biodiversity strategies, and private sector applications. Speakers came from diverse geographic and technical backgrounds and included: Arturo Arreola Muñoz, Instituto para el Desarrollo Sustentable en Mesoamérica; Yang Chien Chang, Delta Foundation; Aymeric Roussel, European Commission; Annika Gunilla Lundmark Nordin, Sustainability Executive, Stora Enso; Francesca Ridley, Research Associate, Newcastle University, UK; Tony Nello, Senior Programme Coordinator, IUCN; and Randall Jiménez, Senior Conservation Scientist, IUCN. Through interactive discussions, participants examined lessons learned, implementation challenges, and enabling conditions for scaling STAR in support of global biodiversity and climate goals.

    The launch of this critical guidance comes on the back of the new IUCN RHINO approach (Rapid High-Integrity Nature-positive Outcomes), an innovative framework to accelerate measurable and urgent action for biodiversity. Built on the IUCN Red List of Threatened Species™ and STAR, RHINO provides organisations with clear, science-based pathways to identify where and how to act, and how to measure contributions to halting biodiversity loss.

    Both guidance documents were developed with the support of Global Affairs Canada through the NAbSA (NAture-based Solutions for climate Adaptation: Monitoring & Impact Evaluation) project, coordinated by the IUCN Global Climate Change and Energy Transition Team. 

    Continue Reading

  • Artificial intelligence, ethics and medicine converge at Ken Kennedy Institute’s annual AI in Health Conference – Rice University

    1. Artificial intelligence, ethics and medicine converge at Ken Kennedy Institute’s annual AI in Health Conference  Rice University
    2. Revolutionizing Healthcare with AI Software Solutions  ASUS Pressroom
    3. Doctors, patients may like artificial intelligence, but guardrails are needed | Opinion  Akron Beacon Journal
    4. Symposium explores translating AI into practice  VUMC News
    5. AI in Revenue Cycle Management: Bridging the Gap Between Strategy and Budget  Modern Healthcare

    Continue Reading

  • ADVISORY: ACT2025 Press Call on Climate-Vulnerable Nations’ Expectations for COP30

    WASHINGTON (October 21, 2025) — Join Allied for Climate Transformation by 2025 (ACT2025) on Tuesday, October 21 from 8:30 a.m. – 9:30 a.m. EDT (see additional time zones below) for a press briefing featuring expert voices from countries on the frontlines of the climate crisis. Speakers will outline what COP30 must deliver to meet urgent adaptation, finance and loss and damage needs. 

    ACT2025 is a consortium of think tanks and experts from Africa, Asia, Latin America and the Caribbean. The group works to amplify the priorities of climate-vulnerable countries and drive ambitious, just, and equitable outcomes at UN climate talks. 
     
    Speakers will discuss key priorities shaping the COP30 agenda, including: 

    • Finalizing the Global Goal on Adaptation and closing the adaptation finance gap
    • Assessing countries’ NDCs and their impact on the Paris Agreement’s temperature goals
    • Delivering on the new climate finance goal 
    • Advancing global support for loss and damage 
    • Strengthening multilateralism amid geopolitical tension
    • Implications of the recent ICJ Advisory Opinion on Climate Change for COP30 

    Following brief presentations, we’ll open the floor for questions from the media.  

    WHAT:  

    A press briefing by the ACT2025 Consortium on what COP30 must achieve to meet the urgent needs of developing countries most affected by climate change.  

    WHEN:  

    Tuesday, October 21st, 2025 

    8:30 a.m. EDT / 6:30 a.m. CST / 1:30 p.m. WAT / 3:30 p.m. EAT / 8:30 p.m. PHT / 2:30 p.m. CEST

    WHO:

    Panelists (in speaking order): 

    • Mohamed Adow, Director, Power Shift Africa (Kenya)
    • Dr. Mark Bynoe, Director, Business Strategy and Regional Coordination, Caribbean Community Climate Change Centre (Belize/ Guyana)
    • Alejandra López Carbajal, Head of Climate Diplomacy, Transforma (Colombia/ Mexico)
    • Chukwumerije Okereke, Director, Centre for Climate Change and Development at Alex Ekwueme Federal University Ndufu-Alike (Nigeria)
    • Tony La Viña, Associate Director for Climate Policy and International Relations, Manila Observatory (Philippines)
    • Moderator: Alison Cinnamond, Global Director for Strategic Communications, World Resources Institute 

    Q&A Respondents:  

    • Amy Giliam Thorp, Program Manager/ Adaptation Lead, Power Shift Africa
    • Gabrielle Swaby, Senior Manager, Allied for Climate Transformation by 2025 (ACT2025), World Resources Institute  

    RSVP 

    This press call is open to journalists only. Please RSVP here to receive Zoom access details. 

    Media Contact 

    Sophie Brady, [email protected]. 

    Learn more about ACT2025 and its work ahead of COP30 here

    Continue Reading

  • Howard Marks reflects on 35 years of writing market memos loved by Buffett and others on Wall Street

    Howard Marks reflects on 35 years of writing market memos loved by Buffett and others on Wall Street

    Continue Reading

  • US-China tensions put a damper on stocks while gold rises – invesco.com

    1. US-China tensions put a damper on stocks while gold rises  invesco.com
    2. Sentiment steadies after Trump cools rhetoric on China, gold at record highs  Reuters
    3. FX Daily: Dollar shows its vulnerable side  ING THINK economic and financial analysis | ING Think
    4. Global Markets Mixed Amid Renewed Trade Tensions  The Wall Street Journal
    5. Stock Market Live October 13: S&P 500 (VOO) Rises On Hopes Trade War Can Be Avoided  24/7 Wall St.

    Continue Reading