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UK fintech industry body criticises banking watchdog over regulation. Innovate Finance’s report criticises the Prudential Regulation Authority for excessive requirements on challenger banks, claiming they hinder competition and innovation, despite government pledges to support financial services growth.
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US banking regulators withdraw climate risk management framework for banks. The US Federal Reserve, FDIC, and OCC have rescinded climate-related financial risk management principles for large banks, citing existing risk management requirements. The decision reverses previous climate-focused initiatives….
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Daylight Energy secures $75 million to enhance its energy network. The company, founded in 2022, aims to expand its decentralized model, allowing homeowners to generate and share power. The funding will support growth in Illinois and Massachusetts….
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This week’s M&A activity spanned industrials, logistics, infrastructure, and professional services. From a £1.3 billion carve-out in manufacturing to a landmark logistics portfolio transfer, the UK remained a focal point for global buyers refining strategy, scale, and sector exposure.
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Many women still feel isolated in their menopause experience. In a World Menopause Month piece, Kerri Mee, Clinical Lead at Onebright, outlines why workplace action plans must go beyond policy and actively support women’s health, wellbeing, and retention — ensuring menopause is no longer a workplace taboo.
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German steelmaker SHS secures €1.7 billion for decarbonisation project. The financing will advance the Power4Steel initiative, aiming for climate-neutral steel production by 2045 with interim targets for reducing CO2 emissions by 2030….
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Oracle is forecasting $166bn in cloud sales by 2030 as it doubles down on AI. The projection, disclosed at an analyst meeting, lifted the company’s shares and outlined ambitious growth and margin targets through the decade.
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Most companies increased sustainability investments despite reduced stakeholder pressure. Deloitte’s survey shows 83% of companies have increased their sustainability investments, with many executives citing tangible benefits such as revenue growth and cost reductions, even as pressure from some stakeholder groups has diminished….
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Siemens and Airbus partner to decarbonise industrial sites in UK and US. The new framework agreement focuses on renewable energy integration and low-carbon heat systems. Siemens aims to reduce energy demand and emissions, supporting Airbus’ sustainability targets….
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EcoVadis launches Worker Voice Connect for workplace grievance reporting. The new digital tool enables workers to report concerns anonymously, addressing gaps in current grievance mechanisms focused more on corruption or compliance rather than human rights or working conditions….