Microsoft has a new machine learning tool to improve weather forecasts
Old-school physics-based weather forecasting and even new AI models typically become less reliable beyond two weeks, a problem Microsoft claims to hav...
Housebuilder Vistry slashes profit forecasts as losses balloon
Firm unveils further cost-cutting plan including job losses blaming poor summer sales of private homesBusiness live – latest updatesVistry Group, one ...
Next forecasts bigger profits after hot weather lifts sales
FTSE 100 retailer, which owns UK rights to US brands Gap and Victoria’s Secret, says prices could rise in autumnBusiness live – latest updatesNext has...
UK economy defies forecasts with surprise 0.4% growth in July
Unexpected GDP rise comes as borrowing costs and inflation risks mount ahead of Healey’s first budgetThe UK economy grew in July despite the fallout f...
How meteorologists helped recreate one of history’s most important weather forecasts
Experts helped guide weather scenes in Pressure – a film depicting dramatic buildup to 1944’s D-day landingsDressed in a Royal Air Force uniform and s...
BoM forecasts strongest El Niño on record as research points to ‘alarming’ climate change influence
Bureau of Meteorology suggests El Niño has already broken records, with Pacific ocean temperature change exceeding 2C in six monthsFollow our Australi...
Meta misses earnings forecasts after Zuckerberg media push to promote AI
Stock tumbles nearly 8% after weaker-than-expected results, despite CEO’s blitz to tout positive effects of AIMeta chief executive Mark Zuckerberg’s m...
Oil price slides as US and Iran pause fire; cancer treatments help AstraZeneca beat profit forecasts – business live
Rolling coverage of the latest economic and financial newsYet another company has been picked off London’s stock exchange this morning: DCC Energy has...
BoM forecasts strong El Niño and warns climate change could amplify any effects on Australia
El Niño events linked with extreme weather around the world – and can increase risk of bushfires in Australia and coral bleaching on Great Barrier Ree...
The movie 'Pressure' leans into the drama of high-stakes weather forecasts
The new movie tells a story about how good meteorology can literally win wars. It also takes us back in time, to when the United States was at a disad...
Trump cuts to weather data could make forecasts less reliable, warn experts
Use of AI is a valuable tool for weather prediction but only when it’s trained with ample data, experts sayAs the US prepares for hurricane season and...
Lloyds takes £151m hit from Iran war as it forecasts rise in UK unemployment
Bank expects its base case for GDP growth to be 0.5% this year, lower than IMF’s 0.8% prediction for BritainBusiness live – latest updatesLloyds has w...
Australia’s south-east set for drier and hotter winter as BoM forecasts potential El Niño
Queensland and NSW set for lower than usual rainfall in May, June and July, while temperatures in most of the country likely to be higher than normalF...
