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California court upholds laws on corporate climate disclosures. A U.S. District Judge rejected a motion challenging California’s climate disclosure laws, which require large companies to report emissions and climate risks. The plaintiffs may appeal, with trial set for October 2026….
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UK consumer confidence in the economy has significantly declined. Over the past year, consumer confidence has fallen by 31 points, with 56% of people believing the economy will worsen. Pensioners remain the most pessimistic group, reflecting ongoing financial challenges.
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Prefer raises $4.2 million to launch sustainable coffee and cocoa. Singapore-based Prefer has secured funding to introduce eco-friendly coffee and cocoa powders. The start-up aims to provide cost-effective, low-emission alternatives for the food industry, enhancing sustainability and supply chain resilience….
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Assent launches EU Deforestation Regulation compliance solution for manufacturers. The new solution aids manufacturers in meeting due diligence requirements under the EU’s regulation, which aims to prevent deforestation-linked products from entering the market, ensuring compliance with environmental standards by 2025….
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Elite Dynamics strengthens leadership with strategic hires for expansion. The BGF-backed software firm aims to double its workforce by 2026, following the addition of a new CFO, operations director, and marketing director to support its growth in UK and international markets….
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Sustainability-linked loans show progress in addressing integrity issues. The FCA’s review highlights improvements in sustainability-linked loans, noting better alignment of targets with borrowers’ business models and increased scrutiny, but also points out challenges in pricing mechanisms and market scalability….
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UK M&A activity spans bread, LNG, and aerospace this week. Deals include ABF’s planned Hovis acquisition, Centrica’s LNG investment, Evelyn Partners’ sale plans, Boeing’s merger clearance, and EG Group’s international divestments.
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AI-enabled European stocks fell sharply after major model launches. Market anxiety rose amid valuation concerns as investors questioned whether these companies can maintain their edge.
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US State Attorneys General challenge SBTi over antitrust concerns. A coalition of 23 US State Attorneys General has raised concerns about potential legal violations linked to the Science Based Targets initiative. They demand transparency regarding its recent net-zero standards and member communications….
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Achmea launches private equity fund for sustainable investments. Netherlands-based Achmea Investment Management has introduced a private equity fund focused on climate, biodiversity, nutrition, and health, aiming to provide sustainable investment opportunities for institutional investors….