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Brussels has proposed a new €6.8 billion corporate tax. Less than 48 hours later, political backlash from major EU economies and industry groups has left the levy — designed to help fund the bloc’s next long-term budget — with almost no chance of survival.
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General Motors partners with Redwood Materials for energy storage solutions. The agreement focuses on using second-life and new GM batteries for energy storage, addressing growing electricity demand from data centres and renewable energy sources. Redwood aims to enhance US energy independence and resilience….
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Stellantis halts hydrogen fuel cell program amid market challenges. The automotive group abandoned its hydrogen vehicle plans, citing infrastructure limitations and high costs. Stellantis will focus on electric and hybrid technology to meet consumer expectations and regulatory demands….
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US firms sustain or boost ESG investments amid scrutiny. Most large US companies continue investing in sustainability, viewing it as a growth driver, despite reduced public discussion due to political and regulatory scrutiny, according to an EcoVadis survey….
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Brussels has postponed its landmark Digital Services Act probe. The decision delays a potential fine against X. Officials say the move aims to avoid inflaming tense trans-Atlantic trade talks, leaving open questions about enforcement credibility as the EU weighs its next steps.
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Thames Water’s record £1.65bn loss deepens nationalisation fears in the UK. As creditor talks stall, the crisis exposes wider risks in highly leveraged utilities and signals stricter oversight for the sector.
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One leading voice urges the Bank of England to act. Despite an unexpected inflation uptick in June, deVere Group’s CEO is pressing for a rate cut, arguing that growth risks now outweigh concerns over persistent price pressures.
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Nearly three in ten UK risk leaders lack vendor trust. Many UK organisations still cannot fully trust third-party vendors to manage their most critical digital risks, CyXcel research finds — with internal blind spots and mounting complexity undermining resilience.
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The UK’s unemployment rate has edged up to 4.7 percent. Fresh ONS data show a cooling jobs market, with shrinking payrolls and easing wage growth fuelling expectations of a Bank of England rate cut in August.
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Trump Media has filed two AI-related trademarks for Truth Social. The move comes as major tech and media platforms accelerate AI branding amid rising regulatory scrutiny and litigation over digital innovation.
