Kingswood Capital Management Enters Into a Definitive Agreement to Acquire Safran Passenger Innovations December 10, 2025 SPI is a leading global provider of in-flight entertainment and connectivity solutions for airlines and airplane manufacturers worldwide
eClerx Recognized as a Major Contender in Everest Group’s Intelligent Process Automation PEAK Matrix® 2025 December 10, 2025 eClerx Services Ltd (ECLERX.NS), a leading productized services company, today announced that it has been named a Major Contender in Everest Group’s 2025 Intelligent Process Automation Platform (IPA) PEAK Matrix® Assessment. This recognition highlights the company’s rapid advancement in Agentic AI, driven by Roboworx Cogniflows, eClerx’s enterprise-grade agentic automation platform. Everest Group’s PEAK Matrix® is [...]
Flying taxis to slash Heathrow to City trip to 12 minutes December 10, 2025 Commuting from Heathrow to central London may soon be a thing of the past. Vertical Aerospace, founded by the man behind OVO energy, has unveiled Valo, its next generation aircraft designed for quick, zero emission airport to city travel. While the British electric aviation giant’s shares have seen a 94 per cent decline since its [...]
Owlet Launches Owlet360™ in the UK and Ireland, Bringing Data-Driven Reassurance to More Families December 10, 2025 A new subscription service for Owlet users turns baby health and sleep trends into clear, personalised guidance, while core health tracking and notification features remain free.
FTSE 100 Live: Reeves scrutinised, Fed interest rates decision, stocks suffer December 10, 2025 Good morning and welcome back to the City AM liveblog covering the FTSE 100 and other big market moves. Rachel Reeves is set for a showdown with MPs on the Treasury Select Committee later today while the Federal Reserve is expected to slash interest rates by 25 basis points by the evening. Reeves will begin [...]
Paramount takeover of UK sport cools despite Champions League grab December 10, 2025 Paramount Skydance has no plans to launch a UK sports channel after acquiring Champions League rights from 2027 onwards in an indication that a major expansion into sport from the global streaming platform is unlikely. As it stands the Champions League is likely to be broadcast in this country on Paramount+, while the entertainment network [...]
Covent Garden welcomes Guinness brewery December 10, 2025 Guinness has opened its fifth brand home in the heart of London as it hopes to capitalise on the growing popularity of the ubiquitous Irish stout. The mammoth £73m project in the middle of Covent Garden, which has taken six years to go from inception to completion, will see brewing return to the area for [...]
AI is set to dominate retail in the next decade December 10, 2025 A majority of retail tasks are set to be replaced by AI by 2035, according to fresh data. UK retailers are set to pour a third of their budgets into AI-aligned tech next year to help with a spate of rising costs, with 69 per cent expecting to increase investment within two years, according to [...]
Interest rates: Bank of England hawks to ‘look through’ Budget’s disinflation December 9, 2025 Bank of England policymakers struck a hawkish tone on the future path of interest rates despite acknowledging that the upcoming Budget would lower inflation. Appearing before MPs on the Treasury Select Committee, Bank staff analysis agreed with the Office for Budget Responsibility (OBR) that measures in Rachel Reeves’ November statement would strip 0.5 percentage points [...]
San Francisco 49ers: Stake sale to OpenAI chair values NFL team at $9bn December 9, 2025 The San Francisco 49ers have been valued at more than $9bn after the chairman of artificial intelligence behemoth OpenAI agreed to acquire a stake in the NFL franchise. Bret Taylor – who is also the co-founder and chief executive of fellow AI business Sierra, and formerly the board chairman of Twitter – will acquire one [...]