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      Michael Dell, Lord Johnson and the ‘gun to the head’ meeting that ended a £15bn AI project

      Dell Technologies CEO Michael Dell and Johnson discussing AI pathfinder with data center in background

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  • Enhanced Games on metaphorical trial: is the risk worth it for partners?

    May 22, 2026

    The Enhanced Games wants to sell itself as the future: faster, louder, richer and finally honest about the drugs elite sport has spent decades pretending do not exist. This weekend it lands in Las Vegas with a simple proposition. Let athletes use performance-enhancing drugs under medical supervision, put big prize money on the table, stream [...]

  • Smarsh Introduces New Anthropic Integration to Capture and Govern Claude Enterprise Data Within Its Platform

    May 21, 2026

    New integration brings generative AI interactions into full compliance visibility—allowing Smarsh to supervise and detect risk within existing workflows

  • Everest Establishes Joseph V. Taranto Scholarship to Advance Commitment to Developing Future Leaders

    May 21, 2026

    Everest Group, Ltd. (NYSE: RE) (“Everest”), a global underwriting leader, today announced the inaugural recipient of the Joseph V. Taranto Scholarship, an annual renewable award and part of the company’s broader commitment to expanding opportunity and developing the next generation of leaders. Established by Everest and its Board of Directors in honor of former Chairman [...]

  • Middle East conflict revs up costs for young drivers 

    May 21, 2026

    Costs for drivers under the age of 25 are rising despite a drop in insurance premiums, largely driven by fuel hikes from the fallout of the Middle East conflict.  Fuel costs for young drivers rose by 18 per cent in 2026 compared to 2025, with the average annual bill spiking from £833 to £981, according [...]

  • KKR Invests in Fresha, the Leading AI-Powered Platform for Beauty and Wellness, at $1bn Valuation

    May 21, 2026

    Fresha, the leading AI-powered marketplace and business management platform for the beauty and wellness industry, today announced an $80 million primary growth investment from funds managed by KKR, a leading global investment firm. The transaction values Fresha at over $1 billion, marking a defining milestone in its mission to transform how self-care businesses operate globally. [...]

  • Rising hiring costs push British businesses to the brink

    May 21, 2026

    UK businesses are on the brink due to the government’s highly contentious employment rights agenda and cost hikes, following the first provisions of the Employment Rights Act, which came into force in April.  According to new research from Employment Hero, an AI-powered employment platform, more than half of UK businesses feel employing staff has “become more [...]

  • KBRA Assigns Preliminary Ratings for RRE 29 Loan Management DAC

    May 20, 2026

    KBRA UK (KBRA) assigns preliminary ratings to five classes of notes issued by RRE 29 Loan Management DAC, a cash flow collateralised loan obligation (CLO) backed primarily by a diversified portfolio of Euro-denominated corporate loans. RRE 29 Loan Management DAC is managed by Redding Ridge Asset Management (UK) LLP (“RRAM UK” or the“collateral manager”). The [...]

  • EIG’s MidOcean Energy Announces $120m Investment from The Arab Energy Fund as Part of Equity Raise

    May 20, 2026

    MidOcean Energy (“MidOcean” or the “Company”), a liquefied natural gas (LNG) company formed and managed by EIG, today announced a $120 million equity investment from The Arab Energy Fund (‘’TAEF’’), a leading multilateral impact financial institution, as part of its current equity capital raise. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260520063539/en/ [...]

  • Andy Burnham refuses rule out manifesto-busting tax hikes

    May 20, 2026

    Andy Burnham has refused to commit himself to protecting Labour Party manifesto commitments to not raise taxes. Burnham, who is Labour’s candidate in an upcoming by-election in Makerfield, declined to comment on whether he supported the party’s 2024 election manifesto.  The Manchester mayor appears to be on a path towards becoming Prime Minister, sharing clips [...]

  • MS Reinsurance reports ‘excellent’ year with improved combined ratio and net profit increasing to $415 million

    May 20, 2026

    Global reinsurer MS Reinsurance announced today that it produced a net profit of $415 million after tax for the year ended 2025, compared to $346 million for the year ended 2024. The announcement follows on from the release by ultimate parent company, MS&AD1, of the insurance group’s consolidated financial results for the full year 2025 [...]

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