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Yorkshire and Humber business optimism hits 15-month high as activity nears growth

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A NatWest survey highlights growing optimism but jobs are still falling in private sector companies

Hull City Centre.

Hull City Centre.(Image: pharbour)

Business optimism in the Yorkshire and Humber has reached a 15-month high as activity in the area returned almost to growth, a survey suggests.

The NatWest Regional Growth Tracker – which measures the month-on-month change in the region’s manufacturing and service sectors – remained just below the 50.0 no-change mark, but rose for a second month in a row in January to 49.3.

Private sector companies in Yorkshire and Humber region recorded back-to-back months of new business growth and firms taking part in the survey highlighted neww product launches, upbeat sales projections, planned investment activity and supportive economic tailwinds.

But payroll numbers in the area fell for a 14th consecutive month, with only Wales out of all of the UK’s regions and nations seeing a sharper fall in job numbers.

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Malcolm Buchanan, chair of the NatWest regional board, said: “Sustained growth in demand for Yorkshire & Humber goods and services and a strengthening of firms’ year-ahead expectations for activity serve as promising leading indicators for the region’s economy. A softening of cost pressures, in tandem with stronger increases in prices charged, also bodes well from a margins perspective, implying a diminished strain on earnings.

“However, the local labour market continues to be challenged by a hesitancy among firms to grow their workforces. Payroll numbers fell for a 14th straight month in January, and at a rate that outpaced the UK-wide average. However, the more upbeat business outlook could spur hiring, as firms look to achieve their more bullish growth forecasts for 2026.”

The survey has been released as data being released tomorrow is expected to show that the UK economy has grown modestly again in the last three months of 2025 amid pressure from budget uncertainty.

The Office for National Statistics (ONS) will shed light on how the economy fared when it reveals the latest UK GDP (gross domestic product) data for December, and the final quarter and year as a whole. Economists have broadly predicted that the economy grew by 0.1% in the quarter, following growth of 0.1% in the third quarter.

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NewsGuild battles New York Times over hybrid work, ‘wrongly excluding jobs’ from union and health fund

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NewsGuild battles New York Times over hybrid work, ‘wrongly excluding jobs’ from union and health fund

FIRST ON FOX — The NewsGuild of New York is irked at The New York Times leadership. 

The Times Guild Bargaining Committee sent staffers a newsletter on Tuesday detailing the latest labor negotiations. The Guild said it made a “big push to end the two-tier system The New York Times created and perpetuates by wrongly excluding jobs and workers from the Times Guild” and received a revised proposal from the company to end all hybrid work guarantees on March 1, 2027. 

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“At that point, they would have the right to require us to work in the office five days a week and to eliminate our contractually guaranteed three weeks of remote work per year. As we saw this fall: If the company can reduce our guaranteed remote-work days, they will. But when asked for data on how in-office work makes our news product, advertising and business operations better, the management side of the table was silent,” the Guild wrote in the email obtained by Fox News Digital

JONATHAN TURLEY: NY TIMES COLUMNIST SINKS TO SICK NEW LOW MOCKING JD VANCE’S MOM

New York Times building NYC New York City

The NewsGuild of New York and The New York Times leadership held a bargaining session on Tuesday.  (Beata Zawrzel/NurPhoto via Getty Images)

“On our side, we made a big push to end the two-tier system The New York Times created and perpetuates by wrongly excluding jobs and workers from the Times Guild. Today, we asked the company to recognize more than 50 of our colleagues’ proper place in our bargaining unit, people with whom we work side by side as members of the Times Guild,” the Times Guild Bargaining Committee continued. “Keeping union work in the union is one of our core priorities.”

The Guild believes positions including audio engineers, puzzle editors, audience and SEO editors, bureau chiefs based in cities across the country and editors on the Newsroom Development and Support team deserve “the same critical protections and benefits we have fought for under our union contract” and listed “annual raises, just cause job protections, hour-for-hour overtime or comp time and minimum salaries for each position” as key examples. 

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“One of the five core priorities we all identified for this contract campaign is keeping union work in our union. These wrongly excluded jobs represent another way the company has undercut our union by arbitrarily excluding colleagues who are doing the same work as us, thus creating a two-tier system of pay and benefits,” the Guild wrote. 

NY TIMES WALKS BACK STANCE ON MARIJUANA LEGALIZATION, ADMITS LOOSENING OF POLICIES HAS MADE COUNTRY WORSE OFF

New York Times

The Times Guild Bargaining Committee sent staffers a newsletter on Tuesday detailing the latest labor negotiations.  (Getty Images)

The Guild told members it proposed that the Times should give the Guild 30 days notice when it creates a new job “whether such job falls within the jurisdiction of the Guild or the position is excluded,” and that any disputes over newly created jobs should be “referred to the expedited arbitration provisions utilizing the parties’ Jurisdiction panel of arbitrators on a rotational basis.”

The Guild wants the Times to supply it with a description of the duties, responsibilities, proposed classification and effective date of a new job. The Guild is also asking it to be clearly noted that open jobs are Guild-represented positions when posted internally or externally, and for 30-days’ notice when individuals currently represented by the Guild are transferred to Guild-excluded positions.

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“We received the company’s responses to our requests for information related to several of our core issues in these negotiations: badge-swipe surveillance being used to enforce in-office expectations; the company’s existing and planned uses of artificial intelligence; and the creation of a two-tier system by excluding The Athletic from our union,” the Times Guild Bargaining Committee wrote.

“Unfortunately, management declined to respond — nearly across the board — in detail to our requests, instead dismissing our questions as ‘overly broad,’ ‘speculative,’ ‘unduly burdensome,’ and ‘not relevant,’” they added. 

DHS LASHES OUT AT NY TIMES AFTER REPORT CLAIMING PREGNANT WOMEN IN MINNEAPOLIS ‘HIDING FROM ICE’

New York Times Guild

Members of the Times Tech Guild picket outside the New York Times headquarters in New York on Nov. 4, 2024. (Yuki Iwamura/Bloomberg via Getty Images)

The Guild also told members that the Times “updated its proposal for financing our health fund,” but dismissed the notion it would “bankrupt the fund.” 

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“We understand that. It still goes back to [cost] sharing and responsibility,” Times Executive Director for Labor Relations Chris Biegner told the Guild, according to the newsletter distributed to members. 

“In their counter to our performance evaluation proposal, management rejected several of our proposed changes, including exemptions from the rating system for employees who take a certain amount of leave, transparency about who (such as desk heads, masthead editors and H.R.) contributed to an employee’s evaluation, and shifting the review period so that it covers a full year of work,” the Guild wrote. 

The next bargaining session is scheduled for Feb. 18. The current contract expires at the end of the month. 

The Guild told members it proposed that the Times should give the Guild 30 days notice when it creates a new job “whether such job falls within the jurisdiction of the Guild or the position is excluded.”

When reached for comment, The New York Times provided Fox News Digital with a series of internal notes that managing editors Marc Lacey and Carolyn Ryan have sent to Times Guild unit members. 

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In January, Lacey and Ryan said conversations have been “productive,” but feel too much focus is being spent worrying about staffers who are not members of the Guild. The Athletic, a separate entity with its own leadership team that is owned by the Times, has been a sticking point. 

“In the room, the Guild indicated that they would not accept any contract terms that don’t cover The Athletic joining The New York Times newsroom bargaining unit. We fear that setting this condition undermines the path to getting to a good deal any time soon,” Lacey and Ryan wrote last month after the first negotiating session. 

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“The company has said many times that we would recognize unionization for Athletic employees as a separate unit if they choose to pursue it,” they continued. “We also want to state up front that we don’t think we should hold up a new contract and higher salaries for some 1,500 Times Guild employees because of a demand to incorporate employees from an entirely separate newsroom.”

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Lacey and Ryan have insisted they would like to reach a deal.

The Athletic publisher David Perpich previously stated that he believes “the best approach is to have The Athletic’s journalists form a separate bargaining unit within the NewsGuild, not to have them absorbed into the Times unit.”

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The Hain Celestial Group continues to struggle

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The Hain Celestial Group continues to struggle

Snack business divestment simplifies the company’s portfolio. 

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Refresco to acquire SunOpta

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Refresco to acquire SunOpta

The acquisition is expected to close in the second fiscal quarter of 2026. 

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Tattooed Chef rolls out cottage cheese-based pizzas

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Tattooed Chef rolls out cottage cheese-based pizzas

The product line features pizza crust formulated with cottage cheese. 

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Form 13G Sophia Genetics SA For: 11 February

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Form 13G Sophia Genetics SA For: 11 February

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Form 13G Once Upon a Farm For: 11 February

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Form 13G Once Upon a Farm For: 11 February

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Lingering approvals hit Northern Star's Hemi deadline

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Lingering approvals hit Northern Star's Hemi deadline

Northern Star Resources does not expect to produce from its Hemi deposit in the Pilbara until the early 2030s, as approvals drag on for the lucrative gold project.

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PM Inaugurates Thailand’s Chinese New Year Festival 2026

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PM Inaugurates Thailand's Chinese New Year Festival 2026

Prime Minister Anutin Charnvirakul launched the Thailand Chinese New Year Festival 2026, marking 51 years of Thai-Chinese relations. Celebrations include events in Bangkok and other provinces, promoting tourism nationwide.


Key Points

  • Prime Minister Anutin Charnvirakul launched the Thailand Chinese New Year Festival 2026 at Government House, celebrating 51 years of Thailand-China diplomatic relations. The event marked the beginning of nationwide festivities, featuring notable attendees like the Chinese ambassador and tourism officials.
  • A lion dance performance highlighted the occasion, alongside the presentation of an auspicious ceremonial horse to the prime minister. The Tourism Authority of Thailand, in partnership with various agencies, will organize the festival across key locations.
  • Festive lighting in Bangkok, themed “Ride the Fortune, Share the Future,” will adorn Yaowarat Road from February 7 to March 1, with major activities at Siam Paragon from February 14 to 18. Additional celebrations are planned in Hat Yai and provinces like Nakhon Sawan and Suphan Buri, aiming to boost holiday travel.

Prime Minister Anutin Charnvirakul has presided over a publicity event for the Thailand Chinese New Year Festival 2026 at Government House to commemorate the 51st anniversary of diplomatic relations between Thailand and China. The event, held at Command Building 1, signaled the start of nationwide celebrations.

The event was attended by the Chinese ambassador to Thailand, the minister of tourism and sports, the governor of the Tourism Authority of Thailand, and senior officials from relevant agencies. A lion dance performance was presented to promote the upcoming festival, and an auspicious ceremonial horse was offered to the prime minister as part of the occasion.

The Tourism Authority of Thailand, in coordination with partner agencies, will stage Thailand Chinese New Year Festival 2026 events at major locations. In Bangkok, festive lighting under the theme Ride the Fortune, Share the Future will illuminate Yaowarat Road from February 7 to March 1, while main festival activities are scheduled at Siam Paragon from February 14 to 18. Additional celebrations will take place in Hat Yai, Songkhla Province, from February 17 to 20.

Chinese New Year events are also being supported in provinces known for long-established traditions, including Nakhon Sawan and Suphan Buri, as well as other activities organized nationwide by government and private partners. Officials said the celebrations are expected to encourage travel during the holiday period, with more information available through the national tourism hotline and official festival platforms.

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Source : PM Launches Thailand Chinese New Year Festival 2026

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An Activist Investor Enters Wall Street Banks’ Cozy Club

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An Activist Investor Enters Wall Street Banks’ Cozy Club

An Activist Investor Enters Wall Street Banks’ Cozy Club

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Secretive AI chip start-up Olix raises $220m and plans to expand Bristol presence

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The tech company was founded less than two years ago by then-23-year-old entrepreneur James Dacombe

An aerial view of Bristol city centre

An aerial view of Bristol city centre (Image: Getty Images)

A UK AI chip start-up has raised $220m in a Series A funding round and is planning to expand its presence in Bristol, it has confirmed. London-based Olix was founded by 25-year-old James Dacombe in 2024 and is targeting the development of technology that it claims will be faster and cheaper than Nvidia’s.

The company was valued at £1bn following the raise, with Hummingbird Ventures – a backer of Revolut and Deliveroo – leading the round. Other investors include Plural, Vertex Ventures, LocalGlobe, Entrepreneurs First, Fundomo and Transition.

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The round brings total capital raised by Olix – formerly known as Flux Computing – to $250m.

Jonathan Heiliger, general partner at investor Vertex Ventures, and former Facebook infrastructure executive, said: “One of the biggest constraints in AI today is the compute required to run these models at scale.

“Today’s GPU-based approach forces a compromise between speed and cost. Olix is taking a radically different approach designed to deliver a step change in both and it has huge promise.”

Mr Dacombe dropped out of school at age 16 to work as a software engineer at a start-up and then left that to build his brain healthcare company CoMind. In 2022, he secured a $200,000 grant from the Thiel Foundation – a two-year programme established by technology entrepreneur and investor Peter Thiel for young people who want to build new things.

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Mr Dacombe launched his semiconductor business Olix in March 2024. That same year he was named by the Sunday Times as one of the most inspiring people under the age of 30 in the UK.

Following the latest funding round, Olix is currently hiring for a number of roles – in the US, Canada, London and Bristol. According to a statement on its website, Olix is “an in-person” company and claims to employ “some of the best minds” in photonics, systems, and compute.

“It is difficult to overstate the impact a step change will have, not just for AI, but for society as a whole,” a statement on its website reads.

“Life at Olix is high-velocity and high-stakes. We don’t believe in ‘grinding’ for the sake of it, but we do believe in dedication to the mission.

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“This isn’t work you leave at the door; it’s work that matters enough to command a space in your life. You’ll be making a tangible impact alongside people just as excited as you are.”

The company is offering visa sponsorship, including for dependents and a £24,000 annual top-up for living near the office. The Bristol role advertised on the site is for a senior/staff digital design engineer, with a pay packet of between £125,000-£180,000.

The announcement comes just a day after UK chip start-up Fractile confirmed it would invest £100m in its UK operations, in London and Bristol, and the government urged British tech entrepreneurs to “take bold risks” with the development of AI.

“By investing in British tech innovation, just as Fractile is doing today, we can reinforce our leadership in AI and boost our influence on the global stage,” the AI minister said on Tuesday.

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