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BlackRock has been removed from a list of companies subject to divestment for “boycotting energy companies”, after the asset management firm exited climate-focused investment initiatives and revised its energy investment policies, according to Texas Comptroller Glenn Hegar. In 2022, the list emerged amidst an anti-ESG drive in Republican-led states, gaining traction since President Trump’s election,…
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Sliding employment levels in the UK service sector over the last eight months amount to the “longest streak” since the 2008 financial crash – barring the pandemic – according to S&P Global analysts. UK firms are facing intense pressure to maintain profit margins after a labour costs surge following Chancellor Reeves‘ tax raid on employers’…
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Five City Business Improvement Districts (BIDs) and the City Business Partnership have collaborated with the City of London Police to organize complimentary phone marking events, aimed at addressing the increasing prevalence of mobile phone theft. These subtle and distinctive stickers render stolen phones traceable, assisting police in swiftly identifying and reuniting recovered phones with their…
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UK growth could be higher than expected due to trade deals agreed with the US and the European Union, a City consultancy has said. Most forecasters downgraded the UK’s economic outlook for the year in the wake of President Trump’s ‘Liberation Day’, with the IMF and other major forecasters warning the UK was set to…
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KKR’s retreat leaves Thames Water clinging to creditor plan.
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When Canva disclosed in April its plans to decrease its technical writing team, many in the industry were caught off guard. This action followed the Australian tech powerhouse’s recent focus on incorporating generative AI technologies into the workflows of its employees, which some considered to be experimental. The cut of 10 to 12 technical writing…
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While the majority of tech platforms aim to retain user interest, Hinge adopts a unique approach: it seeks to remove itself from your device altogether. Launched again in 2016 under the ownership of Match Group, Hinge positions itself as an alternative to the swipe culture. Featuring a minimalist interface, carefully chosen prompts, and the slogan…
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UK steelmakers have narrowly avoided being hit with a damaging 50% import tariff by the United States – for now – after President Trump signed an Executive Order confirming that the UK will remain under the existing 25% tariff while a new bilateral steel agreement is finalised. Read more: UK steelmakers avoid immediate 50% US…
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UK-based renewable energy firm Low Carbon has announced the completion of a sale involving a portfolio of eight solar projects with a total capacity of 350 MW, as well as two co-located battery storage assets with a capacity of 85 MW, to the French energy conglomerate TotalEnergies. These projects are in advanced development stages and…
