• Rough road ahead as Tesla stalls in US amid EV demand shift

    Tesla’s November sales slump marks more than a U.S. policy hiccup. Across Europe, its once-dominant market share is eroding fast. The company’s 2025 trajectory suggests a deeper challenge — competition, sentiment, and an ageing product lineup. EV fatigue may be setting in.


  • Foreign ownership of UK property plummets

    Overseas ownership of UK properties has decreased significantly since 2015. The value of property assets held by foreign companies has increased, but the number of purchases has slowed due to Brexit and regulatory changes, according to Search Acumen.


  • CFOs tighten control as cloud costs hit profits

    Cloud costs now average 10% of revenue. Start-ups and SaaS companies are putting finance teams in charge as spending volatility turns cloud into a major profit risk. New research by Cloud Capital shows 89% of CFOs report margin erosion and 97% have formalised cloud governance.


  • Leon to close sites amid job cuts

    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.


  • SpaceX targets 2026 IPO valuing company above  trillion

    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.


  • US-Indonesia trade deal imperilled as Jakarta retreats on commitments

    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.


  • Airwallex raises 0m, sets dual HQ in San Francisco

    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.


  • Magnum scoops €8bn valuation on debut

    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.


  • DataSapien targets AI ROI crisis with device-native marketplace

    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.


  • Payments modernisation gap widens as confidence outpaces readiness

    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.