News
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Britain’s Co-op says cyberattack disruption cost it £80 million. The April incident led to £206 million in revenue losses, exposure of member data, and a sharp first-half swing to pre-tax loss as the company worked to contain the damage.
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Stegra partners with Microsoft to promote low-emission steel use. Swedish steel maker Stegra and Microsoft have announced two agreements to integrate near-zero emission steel into Microsoft’s datacenter operations, including a supply deal and an environmental attribute certificates system to support carbon reduction goals….
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LanzaJet and KazMunayGas advance Kazakhstan’s sustainable aviation fuel project. The venture progresses to the engineering and design phase, enhancing regional leadership in low-carbon aviation and economic development, aiming to meet Kazakhstan’s projected sustainable aviation fuel demand of 70,000 tonnes by 2030….
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Man arrested in connection with major European airport cyber attack. A man in West Sussex was arrested following a cyber incident affecting Collins Aerospace, causing significant disruption at airports, including Heathrow. Authorities have confirmed the use of ransomware, with ongoing investigations….
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Iberdrola plans €110 billion investment focusing on grid networks. Europe’s largest utility aims to enhance stability and returns by prioritising regulated grid networks over renewable generation projects. The strategy targets the US and UK, anticipating €7.6 billion annual net profit and 15,000 new jobs by 2028.
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UK employees want flexibility at work, rejecting rigid office rules. A new report from Owl Labs shows 86% demand flexible hours, with a four-day week and work-to-rule tactics becoming mainstream. The findings highlight the growing expectation for autonomy, fluid schedules, and supportive technology.
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OpenAI, Oracle and SoftBank are adding five Stargate sites. The $500 billion project now spans six U.S. states, with nearly seven gigawatts of compute capacity planned. Partners say more than $400 billion has been secured for the first phase.
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Britain will ease high-skilled worker visas to attract global talent. UK finance minister Rachel Reeves said the plan would counter new U.S. restrictions, with potential cuts to fees under review as London courts displaced workers.
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Alibaba unveils Qwen3-Max, its new trillion-parameter AI model. The launch highlights the group’s investment push in artificial intelligence, citing benchmark gains over rivals and signalling ambitions to integrate agent-style AI across cloud and enterprise services. Shares rose following the announcement at its annual conference.
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Connect Earth acquires ESG platform Datia to enhance sustainability. Connect Earth, a climate fintech firm, has acquired the ESG reporting platform Datia. This move aims to integrate emissions data with regulatory reporting, aiding financial institutions in meeting sustainability obligations across EMEA and North America….