Warns

Mike Ashley’s Frasers Group is frontrunner to buy Knightsbridge-headquartered department store chainCan Harvey Nichols find its way back to being Ab Fab again?Business live – latest updatesHarvey Nichols has warned that it will not be able to survive another year without new investment, as bidders for the Knightsbridge-headquartered department store chain circle.The retailer’s Hong Kong-based owner, Dickson Poon, put it up for sale in June, with Mike Ashley’s Frasers Group aiming to buy it for about £40m. Continue reading...

Finance sector will gain from the tech but it will need substantial investment and create risks, says rating agencyThe rating agency Moody’s has said the race to adopt AI is putting big banks at the mercy of a small group of Silicon Valley firms, leaving them vulnerable to widespread outages and price gouging by profit-hungry tech bosses.The financial sector’s efforts to integrate AI into day-to-day operations will eventually cut costs and increase revenues across the City and Wall Street, Moody’s said. Continue reading...

• OpenAI has issued a warning regarding its upcoming AI model, Astra, after several cybersecurity protocol breaches occurred, including one involving Hugging Face in July. • The company stated it cannot rule out the possibility that Astra possesses "critical cybersecurity capabilities" that could be exploited. • In response to these risks, OpenAI has paused certain internal development processes and triggered emergency safety protocols to mitigate potential threats.

After Ukraine failed to shoot down a single ballistic missile fired by Russia on Wednesday, the president urged allies to increase supplies of Patriot interceptorsNato is working to get Ukraine the air defences it “urgently needs”, its secretary general has said, after Kyiv failed to shoot down a single Russian missile in an attack on Wednesday, and as Volodymyr Zelenskyy warned that Moscow was seeking to significantly boost missile ⁠production ahead of winter.Speaking at a National Security and Defense Council meeting on winter resilience, the Ukrainian president did not rule out the idea that stalling missile supplies from western allies were “aimed at making Ukraine, so to speak, more willing to compromise” in peace talks with Russia. Continue reading...

Dogs Trust points to hundreds of incidents over recent years, some involving deaths of pets or peopleWith its gentle rippling water, tall purple flowers and rustling trees, Earlswood Lakes near Solihull in the West Midlands seems the perfect spot for dogs to paddle. But their owners have been warned that the otherwise idyllic open water could prove perilous to pets.“We’ve had all this hot weather and millions of families are now spending time around open bodies of water, and it’s easy to not realise the dangers,” said Emma-Jane Thomas, rehoming manager at Dogs Trust Kenilworth during a walk around Earlswood. Continue reading...

Probation inspector says ‘clunky’ system needs upgrade and huge increase in staff to monitor offenders effectivelyThe electronic tagging system which will be relied upon to monitor thousands of offenders released early from prison is failing to alert the authorities of potential breaches of conditions, a watchdog has warned.Martin Jones, HM inspector of probation in England and Wales, said the current system relies upon hard-pressed police and probation officers looking up individual cases and then deciding whether potential breaches need to be investigated further. Continue reading...

• The Badminton World Federation (BWF) has approved a transition to a 15x3 scoring system starting next year, replacing the current best-of-three games to 21 points. • India's chief national coach, Pullela Gopichand, warns that this shift could "wipe off" certain players who fail to adapt to the new tactical requirements. • The change matters because it fundamentally reshapes the sport's dynamics, favoring players who can thrive under a shorter, more intense scoring format.