Business News

Artificial intelligence is increasingly being linked to job cuts across the global tech industry, with new data suggesting that around one in five layoffs this year are connected to companies adopting AI tools.

Rachel Reeves has written to the Competition and Markets Authority requesting it stays on high alert for unjustifiable price rises on petrol, diesel and heating oil, to support families and businesses.

More than 1,000 residents have been supported into employment thanks to the council’s Wolves at Work Jobs, Skills and Careers Hub at i10.

Cytec Solutions Limited (Cytec), a leading software provider with a focus on corporate governance, compliance, and equity management, have announced the acquisition of Howells Associates Limited (Howells), a trusted UK provider of employee share plan administration and insider list management solutions.

Nahda Capital Partners, a newly established private equity platform headquartered in ADGM, has filed for the registration of its inaugural private equity fund this week as it prepares to launch investment activities across the Gulf Cooperation Council (GCC).

The African Energy Chamber (AEC) – the voice of the African energy sector – is calling for an industry-wide boycott of the upcoming Africa Energies Summit.

The ITFC (International Islamic Trade Finance Corporation), a member of the Islamic Development Bank (IsDB) Group, signed a US$ 1.0 billion Five-Year Framework Agreement with the Islamic Republic of Mauritania covering the 2026–2030 period to strengthen cooperation and support the country’s economic development priorities through strategic trade finance and capacity-building initiatives.

GXO Logistics, Inc., the world’s largest pure-play contract logistics provider, today marked 20 years of transforming the logistics landscape in Poland, the fifth-largest logistics market in Europe.

ISS, a leading global workplace experience and facility services company, announced today that it has been awarded a new 4-year contract (with an option to extend for an additional year) with the Bank of England.

Hindustan Zinc Limited, the world's largest integrated zinc producer and among the top five silver producers globally, has signed a Memorandum of Understanding (MoU) with Virginia Tech, a premier U.S. based research university, to advance scientific research focused on improving silver recovery across its lead-zinc (Pb–Zn) concentrators.

Over two thirds (69%) of female business leaders say they still experience gender-based discrimination in the workplace, according to new research released ahead of this International Women’s Day.

Critical Manufacturing, the Industrial Operations Platform company that unites execution, connectivity, analytics and trusted AI, will exhibit at  APEX Expo 2026, by Global Electronics Association, demonstrating how Critical Manufacturing MES powers a complete platform that extends from the shopfloor to global enterprise optimization.

Businesses across West Yorkshire will be able to access a ‘world of support’ more quickly, simply and effectively, thanks to a new initiative that brings together and builds on existing business support, it can be announced.

The Alliance of African Multilateral Financial Institutions (AAMFI) has appointed Dr. Corneille Karekezi as Chair of its Governing Council, succeeding Samaila Zubairu, President and Chief Executive Officer of the Africa Finance Corporation (AFC), who served as the Alliance’s second Chairperson following its establishment in 2024.

Budget proposals – including extra £130 million for frontline services like cleaner streets, tackling fly-tipping and protecting our libraries – have been approved by full council.

Following a review of the business structure over the past months, which culminated in the resolution approved at the Board of Directors' meeting on 11 February 2026, the Ferrero Group announces a new governance designed to further strengthen its competitive position in the sweet-packaged food sector.