Nscale taps lenders for $900m to fuel AI data centre splurge July 7, 2026 British data centre builder Nscale has landed a $900m (£673m) credit line from some of Wall Street’s biggest banks to fuel its global expansion, even as investors increasingly scrutinise the sector’s breakneck spending. The London-headquartered company said the financing will support the construction of new AI data centres across Europe, the US and Asia-Pacific as [...]
London workers most exposed to AI jobs cull July 7, 2026 Workers in London are more exposed to an artificial intelligence-induced jobs cull than in any other major city, according to the world’s leading economics think tank, while growth in hiring for AI talent has been lower than in the EU, Canada and the US. A new OECD report from the Paris-based Organisation for Economic Co-operation [...]
Lufthansa and aviation rivals clash in London court over power outlet profits July 7, 2026 German airline Lufthansa is back in the London courts this week over its long-running patent infringement dispute with a US, a Japanese, and a French aircraft manufacturer. The legal battle stems back to 2017, when aircraft maintenance group Lufthansa Technik alleged that Astronics Advanced Electronic Systems, Panasonic, and Safran infringed its patent for high-voltage aircraft [...]
Simpro Group Makes It RAIN — New Features and AI-Infused Enhancements Delivered at Record Speed July 7, 2026 With Lightning’s Cooper AI at the center of AroFlo, BigChange and Simpro, the company is shipping dozens of new features and over 100 AI-infused enhancements — included for Lightning customers at no additional cost
IGI to Release Second Quarter and Half Year 2026 Financial Results on August 4, 2026 July 7, 2026 International General Insurance Holdings Ltd. (“IGI” or the “Company”) (NASDAQ: IGIC) today announced that it expects to release financial results for the second quarter and first half of 2026 on Tuesday, August 4, 2026, after the close of the U.S. financial markets. The results, along with an accompanying slide presentation, will be posted in the [...]
Kemi Badenoch: AI firms ‘won’t come here’ if Britain overregulates July 7, 2026 Kemi Badenoch has warned Britain risks driving away the next generation of AI giants unless it lowers industrial energy costs or fixes London’s capital markets, arguing the UK cannot regulate its way to becoming a global tech leader. Speaking at the Politics UK Summit in Westminster on Monday evening, the Conservative leader said Britain was [...]
UMA Unveils Its Vision for the Next Generation of Humanoid Robots July 7, 2026 At Machina Summit, UMA unveils the design of its first humanoid robot and introduces Real-Time Learning, a new AI architecture that enables robots to learn new skills through demonstration rather than programming.
It’s coming home… Where to watch the England World Cup Quarter Final July 7, 2026 The England World Cup match is at 10PM this Saturday and plenty of London venues are already promoting packages, with booking strongly advised. It’s an easier, more sociable time to watch the football this time around – so book before the end of the week to secure tables. Fan activity is said to be so [...]
Private Department of Sheikh Mohammed bin Khalid Al Nahyan Invests in MidOcean Energy and Forms Strategic Partnership with EIG July 7, 2026 The Private Department of Sheikh Mohammed bin Khalid Al Nahyan (the “Private Department”) has today committed to invest $1.13bn in MidOcean Energy (“MidOcean” or the “Company”), a liquefied natural gas (LNG) company formed and managed by EIG. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260707259928/en/ In parallel with the investment, the Private [...]
Remembering Norman Tebbit July 7, 2026 Norman Tebbit died one year ago today. He remains a mnemonic for the high days of the high days of Thatcherism, writes Eliot Wilson A year ago today, former Conservative Cabinet minister Lord Tebbit died at the age of 94. The media coverage was extensive for a man who had left office nearly 40 years [...]