Markets
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Brineworks secures €6.8 million funding to advance low-cost DAC technology. The Amsterdam-based startup aims to develop affordable carbon capture and clean fuel production technologies, targeting sub-$100/ton CO2 capture with its innovative electrolyzer system. The company plans to achieve commercial readiness by 2026….
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DHL and Hapag-Lloyd partner for sustainable marine fuel use. The new agreement aims to reduce Scope 3 emissions through sustainable marine fuels in Hapag-Lloyd’s fleet, using a book and claim mechanism that decouples decarbonisation from physical transportation….
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Over a quarter of women face workplace harassment in the UK. WalkSafe’s data highlights persistent harassment issues, with 27% of women and 16% of men affected. Many employees believe companies should enhance safety measures, valuing anonymous reporting systems.
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This week’s UK M&A activity touched mortgage servicing, logistics, leisure assets, mining technology, and family entertainment. From rail freight to marina networks, the deals reflect international capital targeting UK companies and assets while British acquirers expand overseas.
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California mandates climate-related reporting for over 4,000 companies. The California Air Resources Board has released a list of 4,160 companies required to comply with new climate reporting laws, affecting many large U.S. firms. The regulations, signed into law in 2024, mandate disclosures on climate risks and emissions….
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Starbucks announces £750 million restructuring, closing cafés and cutting jobs. The coffee chain will shut underperforming stores in North America and the UK, affecting staff and customers. Despite closures, Starbucks plans 80 new UK openings this year amid strong competition and financial challenges.
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The Labour government plans to introduce mandatory digital ID cards. The proposal would require all UK workers to hold a digital ID, verified by employers at the point of hire. Ministers argue it will curb illegal work, while SMEs face both opportunities and challenges in compliance and implementation.
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Trump signs order approving TikTok US sale. The executive order values the new entity at $14 billion, delays enforcement of a ban until January, and sets conditions on algorithm oversight while ByteDance reduces its stake.
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UK fintech leader urges LSE and Nasdaq merger to boost market. Cleo’s founder highlights the need for political will to improve capital prospects, proposing a UK-US stock exchange merger as a solution to the UK’s finite capital challenges.
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China announces its first absolute emissions reduction target. President Xi Jinping reveals interim climate goals to cut greenhouse gas emissions by 7%-10% from peak levels by 2035, alongside ambitious targets for renewable energy capacity and non-fossil fuel consumption….
