Markets
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Jensen Huang warns that restrictions have backfired, accelerating Chinese innovation and costing US firms billions.
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Inflation bounced back up to 3.5 per cent in April, official data has revealed, underlining the cost burden firms are taking on after Chancellor Reeves’ tax hikes on employers and rise to the national living wage came into effect. Consumer price inflation rose by 1.2 per cent on a month-on-month basis, higher than the last…
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Neot Capital, a finance and investment firm focused on low-carbon mobility, has announced the launch of Neot e-motion, a new leasing platform dedicated to accelerating zero-emission transport deployment across Europe. The initiative is backed by €350 million (approximately USD $394 million) in equity commitments from a consortium of investors, including infrastructure specialist Alba Infra Partners,…
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Alternative asset manager Patria Investments has unveiled Omnia, a new platform dedicated to developing, constructing and operating large-scale data centres across Latin America, powered entirely by green, renewable energy. The initiative aims to support the growing demand for high-performance computing infrastructure while aligning with environmental sustainability goals. Omnia is set to concentrate initially on campus-scale…
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A landmark “reset” deal between the UK and the EU pledges lighter red tape and closer ties — but fishermen and hard-Brexit campaigners are crying foul.
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UK banks are calling for branch staff to be included in new laws protecting retail workers from assault, citing over 10,000 incidents of abuse last year. Read more: Banks demand equal protection for staff as retail worker assault law moves forward
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Uber Boats by Thames Clippers has secured £59m in funding from Natwest and Santander after experiencing a surge in passenger numbers since the Covid-19 pandemic. The London river transport provider said the joint funding package would support plans for new vessels, pier upgrades and improvements to dry docking facilities. “It’s vital that we have funding…
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Research from The Frameworks finds that businesses with an imagination-led culture see higher revenue growth and greater resilience.
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Harry Styles’ record label suffered a dramatic fall in its sales and profit in the year after the release of his third solo album. The former One Direction star released the Harry’s House album in May 2022 through his studio, Erskine Records, and Columbia Records. Its success resulted in Erskine Records achieving a turnover of…
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New UK rules will bring BNPL under formal credit law, forcing a strategic reset for fintech lenders and investors.