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Leon enters administration as part of a restructuring effort. The fast-food chain aims to close loss-making restaurants and cut jobs. Co-founder John Vincent reacquired Leon from Asda and plans a Company Voluntary Arrangement to return to core values.
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SpaceX is preparing a 2026 IPO that could raise more than $25 billion. The listing would mark a milestone for the commercial space industry and one of the largest public offerings in history.
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U.S. officials warn Indonesia is reneging on vital trade commitments. The 2025 agreement promised sweeping tariff cuts and non-tariff barrier removal. Jakarta now reportedly seeks to reclassify parts of the accord as non-binding. Markets and businesses await clarity as negotiations enter a critical phase.
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Airwallex has raised $330 million at an $8 billion valuation. The company will establish San Francisco as a dual global headquarters to accelerate its U.S. growth and AI expansion. The move follows a 30% valuation rise and marks a major milestone in its global financial technology strategy.
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Magnum Ice Cream’s IPO valuation falls short of expectations. The company’s stock market debut was affected by a longstanding dispute with Ben & Jerry’s founders and a shift in index-tracking fund strategies, resulting in a €7.8bn valuation.
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London-based DataSapien launches open beta for its Device-Native AI platform. The marketplace shifts intelligence from the cloud to local devices, aiming to address a $109 billion shortfall in enterprise AI returns.
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Payments executives are confident; fewer are ready for the future. A new ACI Worldwide study reveals a growing divide between confidence and capability among global payments leaders, with legacy systems and internal resistance holding back modernisation as industry expectations accelerate into 2026.
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Most AI tools miss where teamwork happens. Miro’s new study finds 75% of global business leaders believe current AI systems focus too much on individual tasks, hindering collaboration and slowing transformation. The findings underline a growing demand for AI that supports shared workspaces and team-level creativity.
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GoodData unveils its Intelligence Layer for governed, context-aware AI. The platform embeds data governance, business logic, and semantic integrity into every analytical process, enabling enterprises to make faster, more reliable AI-driven decisions across complex environments.
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Pantheon Regeneration secures investment from Microsoft’s Climate Innovation Fund. The funding will support the expansion of Pantheon’s ecological restoration projects, which aim to revive biodiversity and remove carbon from the atmosphere, enhancing their capacity to deliver landscape-scale climate solutions and carbon credits.