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DHL Global Forwarding expands sustainability efforts with new AFKLMP deal. The agreement with Air France KLM Martinair Cargo focuses on emissions reduction rights to aid DHL’s air freight decarbonisation. It builds on a 2022 partnership, aiming to accelerate sustainable aviation fuel adoption and enhance digital verification.
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Nordea Asset Management appoints two new portfolio managers. The appointments join its Sustainable Thematic Team, which manages over €18 billion across various climate and impact strategies.
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George Osborne joins OpenAI to lead global AI strategies. Osborne, former UK chancellor, assumes his new role in January, leading OpenAI’s international efforts to collaborate with governments on AI infrastructure and policies, promoting democratic principles in technology deployment.
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Basware strengthens its AP automation reach through Redmap acquisition. The global invoice automation leader has acquired Australian AP software provider Redmap, expanding its reach across the fast-growing Asia-Pacific market as governments and businesses accelerate adoption of e-invoicing and compliance automation.
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The UK Treasury plans to extend financial regulation to cryptocurrency markets, requiring exchanges and wallet providers to register with the FCA and meet anti-money-laundering standards. The new rules, set to take effect by 2027, aim to boost investor confidence and ensure global competitiveness.
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UK and Canada agree partnership to modernise public services. The deal will expand AI adoption, strengthen semiconductor research, and build collaboration in digital infrastructure between the two countries.
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Holcim and 44.01 launch UAE CO2 storage pilot project. The initiative aims to capture and mineralise CO2 from cement production, addressing a major source of emissions. It marks a significant step in decarbonising the construction sector and advancing sustainable practices.
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Tesla’s November sales slump marks more than a U.S. policy hiccup. Across Europe, its once-dominant market share is eroding fast. The company’s 2025 trajectory suggests a deeper challenge — competition, sentiment, and an ageing product lineup. EV fatigue may be setting in.
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Overseas ownership of UK properties has decreased significantly since 2015. The value of property assets held by foreign companies has increased, but the number of purchases has slowed due to Brexit and regulatory changes, according to Search Acumen.
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Cloud costs now average 10% of revenue. Start-ups and SaaS companies are putting finance teams in charge as spending volatility turns cloud into a major profit risk. New research by Cloud Capital shows 89% of CFOs report margin erosion and 97% have formalised cloud governance.