Coinbase to slash 14 per cent of workforce amid AI impact and market volatility May 5, 2026 Crypto exchange Coinbase is planning to cut 14 per cent of its workforce just two days head of its next earnings report, citing a need to manage costs amid ongoing market volatility and advances in AI. Chief executive Brian Armstrong said on Tuesday that AI was speeding up certain processes meaning fewer employees were required [...]
RS2 Expands Latin America Footprint Through Major Long-Term Processing Agreement May 5, 2026 New partnership extends RS2’s acquiring and issuing capabilities across eight additional markets, reinforcing BankWORKS® as a platform for regional payments growth
D-Wave Announces Qubits Europe 2026 Quantum Computing User Conference May 5, 2026 Event will bring together leading quantum innovators, customers and experts to explore how quantum computing is delivering real-world impact Company to share latest technology roadmap and progress with annealing and gate-model quantum computing, hybrid-quantum software and quantum artificial intelligence (AI)
Jeito Capital Bolsters Its Leadership Team With the Appointment of Elaine Caughey, MBA, as Partner, Business Development and Investor Relations, and Sarah Shackelton, MPA, as Partner, Talent May 5, 2026 Highly experienced partners bringing 25+ years of leadership across top-tier life-sciences investment fund, pharma and Biopharma companies, driving accelerated portfolio development With leadership experience at Blackstone Life Sciences (Deputy Chief Operating Officer), Biogen, (NASDAQ: BIIB), and public and private Biopharma companies (including Kymera Therapeutics (NASDAQ: KYMR) and Cygnal Therapeutics), Elaine Caughey will support portfolio companies in strengthening operational execution, defining robust market access pathways, and enhancing their strategic value through business development support, including partnerships and acquisition transactions. She will also draw on her knowledge of the investment ecosystem to strengthen relationships with investors for both Jeito funds and its portfolio companies Sarah brings deep strategic expertise from senior roles at leading Biopharma investment firms - including as Partner, Marketing and Talent at Abingworth and as Chief Talent Officer at Oxford Science Enterprises - and top executive search firms including Coulter Partners and Spencer Stuart. She will focus on building exceptional senior leadership teams and boards across Jeito and its portfolio, attracting the high calibre talent that powers company acceleration and scale
euroAtlantic Airways Appoints Pauls Calitis as CEO to Lead Next Phase of Growth May 5, 2026 euroAtlantic Airways (“EAA”), a leading global provider of passenger widebody aircraft wet-leasing and charter services, and Njord Partners portfolio company, is pleased to announce the appointment of Pauls Calitis as Chief Executive Officer, effective 18 May 2026. Pauls will succeed Stewart Higginson, who has served as CEO since early 2024 and who will assume the [...]
Channel 4 puts HQ up for sale as London footprint shrinks May 5, 2026 Channel 4 has formally placed its long-standing Horseferry Road headquarters on the market, as the broadcaster presses ahead with a major overhaul of its London footprint under new chief executive Priya Dogra. The move marks the broadcast giant’s latest step in a long-term transformation strategy designed to modernise the organisation, cut costs and reflect changing [...]
London Marathon ballots entries double in two years to record 1.34m May 5, 2026 The London Marathon has broken its own world record for applications after demand more than doubled in just two years. A total of 1,338,544 people entered the ballot for next year’s London Marathon, which opened just before this year’s race nine days ago. That number represented an 18 per cent year-on-year increase and more than [...]
Quarter of Brits planning trip to watch US sport matches stateside May 5, 2026 Nearly a quarter of British sports fans have said they plan to head to the United States to watch live sport as the home of NFL and NBA continues to drive fandom around the world. Nearly 40 per cent of UK sports fans have attended a live match in one of the NFL, NBA, MLB, [...]
It’s not the Bank of England’s job to support the Chancellor May 5, 2026 the Bank of England's MPC is acting as if its role is to support the Chancellor and protect the real economy, rather than control inflation.
ECB inflation survey points to sharp surge in prices May 4, 2026 Major increase identified in ECB’s longstanding expert study, but hopes it will be short lived depend on Iran war ending Timely insight into inflation flashed across traders screens on Monday from the European Central Bank, as rising oil prices were back at the top of the agenda with tensions spiking higher in the Gulf. The [...]