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CybaVerse secures £5 million in Series A funding. Chichester-based cybersecurity firm CybaVerse has raised £5 million from investors including Pembroke VCT, Airbridge, and Haatch to transition to a scalable SaaS model and enhance its CybaOps platform….
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Climate Fund Managers closes a US$1 billion adaptation fund. Climate Fund Managers has secured over US$1 billion for its Climate Investor Two fund, aimed at financing climate adaptation infrastructure in developing economies, marking it as the largest fund of its kind globally….
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Cybersecurity researcher Jeremiah Fowler uncovered an unsecured database. The breach exposed nearly 180,000 files containing personal and financial data. Invoicely, a global billing and accounting platform, faces scrutiny over a large-scale data exposure that included tax IDs, addresses, and payment details.
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Indian textile exporters are shifting markets as tariffs squeeze margins. Exporters hit by new 50 percent U.S. import duties are redirecting orders toward Europe, offering steep discounts to retain American buyers, and eyeing Africa for lower-tariff production — but the transition is fraught with cost, compliance, and competitiveness pressures.
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U.N. labour agency warns of looming staff cuts amid funding crisis. Internal ILO plans show up to 8% of jobs may go if the U.S. and other members fail to pay overdue dues. Geneva headquarters could see relocations and rental changes as the governing body prepares to review proposals.
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The UK’s cyber-security agency handled 204 nationally significant attacks in a year. GCHQ’s National Cyber Security Centre recorded 204 cyber incidents in the past 12 months — about four per week — with 18 considered “highly significant” as the government prepares a new Cyber Security and Resilience Bill.
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UK innovation economy set for largest funding year since 2022. Start-ups and scale-ups secured $9bn in Q3 venture capital funding, positioning 2025 to reach $23.1bn. This resurgence, driven by significant rounds from firms like Revolut, highlights renewed investor confidence.
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Retail spending in the UK slowed in September. Retail sales increased by 2.3% year on year, down from August. Non-food sales grew by just 0.7%, while grocery sales rose by 4.3%, driven by inflation.
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Schroders achieves 100% renewable electricity sourcing ahead of schedule. The investment manager met its renewable energy goal in 2024, a year early, for over 70 global offices, marking progress towards its broader climate objectives….
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Stegra enters new financing round for green steel plant. Swedish firm Stegra secures additional funding for its pioneering green steel plant in Boden, Sweden. The company aims to produce five million tons of green steel annually by 2030, using hydrogen and renewable energy to minimise CO2 emissions….