OpenAI reportedly claims it has evidence China’s DeepSeek ‘used its model’ to train AI chatbot – business live
OpenAI reportedly claims it has evidence China’s DeepSeek ‘used its model’ to train AI chatbot – business live
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It’s a mixed opening for Europe’s stock markets. The FTSE 100 has dropped by a single point, but other indices have gained on Wednesday morning. Here are the opening snaps from Reuters:. EUROPE’S STOXX 600 UP 0.1%. FRANCE’S CAC 40 DOWN 0.6%; SPAIN’S IBEX UP 0.6%.
![[A WH Smith branch next to Guys hospital in South London.]](https://i.guim.co.uk/img/media/952a8de47ad5a63a45d02fccf1620772f4dc5f3a/0_263_5568_3341/master/5568.jpg?width=465&dpr=1&s=none&crop=none)
EURO STOXX INDEX FLAT; EURO ZONE BLUE CHIPS DOWN 0.2%. GERMANY’S DAX UP 0.4%. WH Smith has reported falling sales in its UK high street stores, just days after its parent company confirmed it is seeking a buyer for its legacy retail business. Like-for-like sales in the retailer’s UK high street division - where it sells newspapers, books, stationery, cards and gifts - fell by 3% in the 21 weeks to 25 January, compared with a year earlier, although it said this was in line with expectations. It said it exited the Christmas trading period “with a clean stock position” and added it was on track to deliver full year cost savings of £11m.
It came as WH Smith reported 7% higher revenue in its more successful travel arm, and rising revenue in its North American division. The company’s share price rose by 5.7% in early trading on Wednesday morning, making it the second-biggest riser on the FTSE 250 index of mid-sized companies.
WH Smith’s eponymous parent company’s decision to put out a “for sale” sign for its 500 UK high street stores could see the name disappear from British town centres but potentially live on in train stations, airports and hospitals across 32 countries. The intended sale of the high street stores has created uncertainty for 5,000 staff. The move would allow the company to focus on its more successful travel arm which accounted for three-quarters of the group’s revenue in the year to the end of August. The company said it was driving sales at its travel division stores by stocking more travel essentials including new food and health and beauty ranges.
