Richmond council to consider Lime’s future in contract vote March 12, 2026 Richmond councillors will next week decide whether to force Lime out of the borough’s booming e-bike market, City AM understands, as riders are mobilised ahead of a crunch committee meeting that could reshape cycling across southwest London. Emails seen by City AM show Lime users have been invited to attend Monday evening’s transport and air [...]
Baseimmune Announces Strategic Expansion into Fibrosis with Lead Program Targeting Idiopathic Pulmonary Fibrosis (IPF) March 12, 2026 Baseimmune unveils a new multi-pathway immunotherapy strategy, applying its computational protein design platform to develop next-generation therapies for fibrosis. Fibrosis is driven by complex and redundant biological pathways, limiting the effectiveness of single-target approaches. Baseimmune uses advanced computational protein design to target multiple pro-fibrotic pathways simultaneously. Initially focused on IPF, where approved single-target therapies only slow lung function decline. Fibrosis pipeline advancing toward proof-of-concept efficacy readouts in 2026 and 2027. Assembled world-class Scientific Advisory Board: John Cijiang He, Scott L. Friedman, Toby Maher, Paul Noble, and Joel Rurik.
Oil surges again as industry faces ‘largest disruption in history of the market’ March 12, 2026 The global energy body has warned the current oil crisis triggered by the war in the Middle East marks the “largest disruption” in history of the commodity’s market. The International Energy Agency (IEA) made a record intervention in the market on Wednesday, with the release of 400m barrels from the strategic reserves. But the move [...]
Pressure shifts back to Big Tech as Ofcom delays social media ban March 12, 2026 Tech firms have been warned to strengthen protections for young people online after MPs rejected a proposal to ban under-16s from social media this week. Communications regulator Ofcom and the Information Commissioner’s Office (ICO) have written to major platforms, asking for details of how they plan to improve safety measures for children. Companies like Facebook, [...]
England and Scotland World Cup games saved by Patriots owner Kraft deal March 12, 2026 Billionaire New England Patriots owner Robert Kraft has helped to resolve a row over security costs that was threatening England and Scotland games at this summer’s World Cup. Local authorities in Foxborough, near Boston, were refusing to grant a licence for seven fixtures due to be staged at the Gillette Stadium owing to fears the [...]
HPE leans on Juniper deal as AI drives demand for faster networks March 12, 2026 Hewlett Packard Enterprise (HPE) is trying to prove that its $14bn (£10.45bn) takeover of Juniper Networks is already translating into momentum in one of the most competitive corners of the AI infrastructure market. Speaking at Mobile World Congress (MWC) in Barcelona, Rami Rahim, the former Juniper chief executive who now runs HPE’s networking business, told [...]
Middle East war ‘could plunge UK into a recession’ March 12, 2026 The crisis in the Middle East could plunge the UK into a recession in the worst case scenario where oil prices surge higher over the next two months, analysis has shown. Oxford Economics research has indicated that a continued surge in oil prices would rattle “parts of the global economy”, with the UK set to [...]
NAFFCO Group and Verona Shelters Launch Strategic Joint Venture to Scale Civil and Military Shelter Production Globally March 12, 2026 NAFFCO Group has entered into a Joint Venture Agreement with Verona Shelters to form a strategic partnership dedicated to developing and manufacturing advanced civil defense and military shelter solutions in the United Arab Emirates. The partnership significantly expands global production capacity for protective shelter infrastructure at a time when governments and critical industries are strengthening [...]
Redslim expands into Asia-Pacific to support global brands with data and AI infrastructure March 12, 2026 Redslim, a specialist in end-to-end data management solutions and an Astorg portfolio company, today announced its expansion into the Asia-Pacific region and the appointment of Kyriakos Zannikos as Regional Director, APAC. The move marks an important milestone in Redslim’s global growth strategy and brings the company closer to clients operating in one of the world’s [...]
M&G continues road to recovery as net inflows rise March 12, 2026 M&G reported a reserve to outflows in its latest annual results after a return to growth in its Life business and asset management gained momentum. The investment manager reported net inflows of £7.8bn in the last financial year, up from net outflows of £1.9bn the prior year, which the company pinned on “challenging market conditions” [...]