Lyten Completes Acquisition of Northvolt Sweden and Establishes its First Lyten Industrial Hub in Sweden February 27, 2026 Lyten announces it has completed the acquisition of Northvolt’s battery assets in Sweden, totaling nearly $5B in value. The Skellefteå battery site, Northvolt Ett, is resuming operations and plans to deliver commercial cells in 2H 2026. Lyten announces the establishment of the Lyten Industrial Hub in Skellefteå, Sweden to co-locate battery manufacturing, data centers, and additional manufacturing activities. In connection with the closing, EdgeConneX, a portfolio company of EQT, plans to acquire a data center site from Lyten, with potential capacity of up to one gigawatt.
Project Forge: Does the plan to save English rugby stack up? February 27, 2026 This morning a plan that could alter the future of club rugby in England is expected to be nodded through by the RFU Council. The plan, dubbed Project Forge, could be the tonic for a domestic game that is in need of revenue boost. Based on the various reports I have read this week on [...]
Forget student loans, the national debt is the real mortgage on the young February 27, 2026 Debating student loan interest distracts from the far larger and permanent national debt and its interest payments, which place a compounding, long-term financial liability on younger taxpayers who already face rising costs and a weakening worker-to-retiree ratio, says Martin Beck The campaign to cut student loan interest rates is welcome. A system where balances rise [...]
Universal handed £6m of taxpayer cash to film Hamnet despite raking in profits of £810m February 27, 2026 American filmmaking giant Universal was handed a £5.7 million government subsidy to make period drama Hamnet even though the studio generated £810 million in profit last year. The blockbuster’s cost to taxpayers is revealed in filings for the film which won the coveted honour of Outstanding British Film at the Baftas on Sunday. The heartbreaking [...]
Janus Henderson Confirms Receipt of Unsolicited, Non-Binding Proposal February 26, 2026 No Shareholder Action Required at the Time
Lattice to Highlight Low Power, Edge-Ready Programmable Solutions at embedded world 2026 February 26, 2026 Lattice Semiconductor (NASDAQ: LSCC), the low power programmable leader, today announced its exhibition plan for embedded world 2026, where it will demonstrate how its low power, small form factor FPGA innovations help engineers accelerate intelligent, scalable designs from cloud to sensor. At the event, Lattice will participate in expert panel discussions, lead conference sessions, and [...]
Nearly 1m young Brits not in work as Reeves told to help youth February 26, 2026 The number of Neets, or young people not in education, employment or training, has increased to nearly 1m, official data has indicated, heightening fears over the long-term health of the UK economy. The Office for National Statistics (ONS) has suggested there were 957,000 people aged between 16 and 24 not working as of December in [...]
Loomis Sayles Euro Credit Team Celebrates Five-Year Milestones February 26, 2026 Loomis, Sayles & Company, the century-old investment manager with €363.8 billion in assets under management, celebrates the five-year anniversaries of its Loomis Sayles Euro Credit and Loomis Sayles Euro High Yield strategies. The Loomis Sayles Euro Credit Team, led by Co-Heads and Portfolio Managers Rik den Hartog and Pim van Mourik Broekman, manages €3.5 billion [...]
OpenAI backs London with hub expansion and new roles February 26, 2026 OpenAI is to make London its largest research hub outside the United States, in what ministers have hailed as a “huge vote of confidence” in the UK’s AI sector. The ChatGPT developer confirmed it will significantly expand its London operation, which currently employs around 30 researchers, though it declined to put a figure on how [...]
Formula 1 revenues soar to $4bn as sport cashes in on popularity February 26, 2026 Formula 1 is closing on annual revenues of $4bn after their recent accounts recorded a 14 per cent increase to $3.9bn. The healthy spike comes as Formula 1 parent company Liberty Media reported a rise in team payouts – by 11 per cent – to $1.4bn ahead of the 2026 season, which will see Cadillac [...]