The AI bubble has a name – and it’s OpenAI April 29, 2026 For three years, Sam Altman has worn the badge of greatest pitchman in the history of tech. He sold the world a vision of artificial general intelligence – a machine that thinks, reasons and creates – and sold investors the bill to build it. The man raised more capital in a single funding round than [...]
Driscoll’s Names Wyard Stomp Chief Operating Officer and Expands Shaily Sanghvi’s Role to Lead Global Strategy April 29, 2026 Leadership announcements advance Driscoll's global ambition to scale its proven mission of delighting consumers to every market worldwide
Blockworks Valued at $192M in Latest Fundraise, Bets on Rolling up Fragmented Data Industry April 29, 2026 Blockworks has raised a Series A extension, co-led by ParaFi and Reciprocal Ventures, with participation from 20+ of our customers and a group of operators we deeply admire.
EA Gibson Shipbrokers and SOGDC Consortium Sign MoUs to Advance Integrated Energy Hub at Sipitang Oil & Gas Industrial Park April 29, 2026 MoUs exchanged with ACWA Power, Aboitiz Power Ltd and WEC to develop an integrated energy hub covering approximately 275 acres at SOGIP, Sabah, Malaysia Multi-phase project to deliver 400 MW of power generation, 65,000 m³/day of freshwater production, and LNG, ammonia and hydrogen storage and distribution infrastructure EA Gibson Shipbrokers leads the consortium on behalf of SOGDC and the state of Sabah, with discussions now underway with qualified terminal and energy storage developers Development projected to attract over USD 3.5 billion in foreign investment and create nearly 5,000 jobs in Sabah
Renters’ rights act: what does it mean for landlords, rent hikes, tenants and no-fault evictions? April 29, 2026 The government’s long-awaited renters’ rights act comes into force on Friday, 1 May. Labour says the new law will “level the playing field” between landlords and tenants, but many in the residential rental sector have been alarmed by the scale of the changes and there are concerns that many independent landlords will exit the market [...]
Number of top rate taxpayers surges as frozen thresholds squeeze Brits April 29, 2026 The number of higher and additional rate taxpayers in the UK has soared since the start of the decade as frozen thresholds have dragged nearly two million into paying higher rates of tax despite not being classified as traditional high-paid professionals. According to the latest personal income statistics from HMRC covering the 2023/24 tax year, [...]
Trans-Atlantic bid for DCC sends £5bn energy firm to top of FTSE 100 April 29, 2026 London-listed sales and distribution services group DCC became the target of a new trans-Atlantic bid for a top-tier FTSE 100 firm on Wednesday, sending its shares soaring. The Dublin-based firm received an offer from famed US private equity house Kohlberg Kravis Roberts & Co, which linked up with Energy Capital Partners. DCC said it had received [...]
DP World Tour hits $300m sponsorship record after agreeing HCLTech deal April 29, 2026 DP World Tour sponsorship revenue is set to top $300m for the first time this year after the European professional golf circuit added HCLTech as a top-tier partner. The India-headquartered tech multinational has been named the tour’s official digital experience partner, with an initial focus on building a new website and app to improve fan [...]
Jet fuel shortage looms as government scrambles to secure supplies April 29, 2026 The government is scrambling to secure UK airlines’ emergency access to jet fuel as global shipments fall to their lowest level on record. Global shipments of jet fuel have fallen to their lowest level on record, as the blockage to the Strait of Hormuz threatens to suffocate supply to the world’s airlines. Under 2.3m tonnes [...]
UK cannot ‘outsource AI future’, says Netcompany boss April 29, 2026 The boss of Danish tech firm Netcompany has warned that Europe must build its own AI platforms, or risk handing control of its data to the US or China. André Rogaczewski, chief executive of Netcompany, told City AM that AI sovereignty is now a strategic issue for businesses and governments. “Technology is a battlefield”, he [...]