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In a busy week for environmental, social and governance (ESG) developments, major corporations, governments, and financial institutions unveiled a string of initiatives aimed at strengthening their commitments to sustainability and climate action. State Street Global Advisors, one of the world’s largest asset managers, introduced a new sustainability-focused stewardship service. This initiative offers institutional investors enhanced…
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ABU DHABI, UAE, 10 May 2025 – A high-level economic delegation from Abu Dhabi, led by the Abu Dhabi Department of Economic Development (ADDED), has concluded a productive visit to Japan aimed at deepening economic ties and strengthening cooperation between the two nations. The mission resulted in a series of strategic agreements with both Japanese…
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Santander rebuffed an £11bn bid for its UK retail banking division from Natwest earlier this year because it was was too low. The two lenders are no longer in negotiations, according to people familliar with the matter cited by the Financial Times, despite consistent speculation about the fate of the Spanish financial juggernaut’s UK business.…
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Bank of England Governor Andrew Bailey has urged renewed efforts to restore trade relations with the European Union.
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New capabilities enhance workflow orchestration and drive mainframe transformation.
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Facing persistent geopolitical tensions, shifting tariff regimes and an increasingly complex regulatory environment, companies are experiencing rising challenges across every tier of their global supply chains. From speed to market and quality assurance to cost control and risk mitigation, the rapidly evolving trade landscape is forcing businesses to fundamentally reassess their sourcing and compliance strategies.…
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Private equity firm Ara Partners, which specialises in industrial decarbonisation, has secured over $800 million (£636 million) for the inaugural fund under its Ara Infrastructure platform, significantly surpassing its initial fundraising target of $500 million. The capital includes commitments to associated co-investment vehicles and will be deployed into mid-market infrastructure projects aimed at reducing carbon…
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Amid escalating geopolitical risks and fluctuations in financial markets, UK retail investors amplified their engagement with US technology stocks in April. Trading statistics from prominent investment platforms reveal that American tech giants like Nvidia, Palantir, and Tesla led the most-traded listings, highlighting the persistent allure of US innovation leaders for British investors. On the AJ…
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TikTok hit with €530m fine by EU for unlawful data transfers to China TikTok has received a €530 million (£451.9 million) fine from Ireland’s data protection authority for violating EU data privacy laws, marking a major intensification in European examination of international tech companies and their global data transfer methods. The decision, delivered by Ireland’s…
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McDonald’s reported a 3.6% fall in US same-store sales in Q1 2025 — its steepest decline since the pandemic.
