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Bitcoin slid beneath US $90,000 for the first time in seven months. The world’s largest cryptocurrency is now down nearly 30 percent from its October peak, as investor appetite for risk assets continues to fade.
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Apple accelerates its CEO succession plans amid leadership transition talks. The board is reportedly advancing internal preparations for Tim Cook’s eventual departure, with senior executives said to be refining the company’s next phase of leadership continuity ahead of a potential change as early as next year.
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Rio Tinto partners with Calix on green iron plant project. The collaboration includes a A$35 million investment in a green iron demonstration plant, pausing Rio Tinto’s BioIron project. The new plant will use electric heating and hydrogen reduction….
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Rachel Reeves’ fintech strategy faces criticism from industry founders. Over a third of fintech founders criticised the UK Treasury’s approach, with some considering relocating overseas. Concerns grow over potential tax measures in the upcoming Budget.
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EU Parliament votes to reduce sustainability reporting and due diligence. The European Parliament has voted to significantly reduce coverage under the Corporate Sustainability Reporting Directive and the Corporate Sustainability Due Diligence Directive, eliminating the requirement for companies to prepare climate transition plans….
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UK business leaders meet at Downing Street amid budget concerns. Executives from major firms joined Sir Keir Starmer to discuss impending fiscal challenges. The session aimed to ease tensions before a budget expected to introduce significant tax increases.
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Generation Alpha predicts a tech-driven, flexible working world. A new study by International Workplace Group (IWG) reveals that 87% of 11–17-year-olds expect their future jobs to look nothing like their parents’ careers, with hybrid work, short commutes, and AI collaboration at the core of work by 2040.
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Google and TotalEnergies signed a renewable energy PPA. Google will receive 1.5 TWh of renewable electricity from TotalEnergies’ Montpelier solar farm in Ohio to support its data centre operations, aligning with its 2030 carbon-free energy goals….
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A fifth of London’s offices will be co-working sites by 2030. Flexible office spaces currently account for 12% of the market, but new data suggests this could nearly double within five years, driven by increasing demand and landlord adaptation.
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ECB fines Spanish bank ABANCA over climate risk compliance failures. The European Central Bank has imposed penalties on ABANCA for not adhering to climate risk management requirements, marking the first such fine. The penalties follow ECB’s intensified focus on climate risks in banking….