KBRA Assigns Preliminary Ratings to UK Logistics 2026-2 DAC June 3, 2026 KBRA UK (KBRA) is pleased to announce the assignment of preliminary ratings to five classes of UK Logistics 2026-2 DAC, a CMBS single-borrower transaction. The collateral for the transaction is a £648.8 million limited recourse, first lien mortgage loan originated by Barclays Bank PLC in June 2026. The floating-rate loan has an initial two-year term [...]
WP Engine Enhances Global Edge Security With Bot Management to Control AI-Driven Website Traffic June 3, 2026 Web teams gain deeper visibility, flexibility, and control over unwanted bots to adapt to evolving automated traffic across the Intelligent Web
CoStar Data Shows Birmingham Posted Highest Retail Investment Volumes Since 2016 June 3, 2026 Shopping centre sales pushed Birmingham retail investments to a 10-year high, according to data from CoStar, a global leading provider of online real estate marketplaces, information and analytics in the property markets. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260603350136/en/ The rolling 12-month average quarterly volume reached £202 million to the end [...]
Investec shares rise amid takeover speculation June 3, 2026 Investec shares jumped in early Wednesday trading after the South African financial giant became subject to takeover speculation. Shares rose as much as 4.6 per cent before settling at 1.4 per cent, trading at 669.5p, following reports from M&A blog site Betaville that the bank may have attracted takeover interest, with it citing “people following [...]
I’m an AI founder – here’s why I agree with the Pope about AI June 3, 2026 Pope Leo XIV’s has produced the most profound piece of writing on AI – critiquing how extreme capitalism uses AI to homogenize knowledge and concentrate power, says Lewis Liu When I was 18, I took a religious philosophy course as part of the core curriculum at Harvard. When we dove into the Tower of Babel, [...]
Berkshire Hathaway Specialty Insurance Expands Marine Leadership; Names Ben Wyatt as Head of Marine for North America and the UK June 2, 2026 Berkshire Hathaway Specialty Insurance (BHSI) today announced that Ben Wyatt has been promoted to Head of Marine for North America and the UK. Effective immediately, Ben expands his leadership responsibilities beyond the U.S. to include oversight of BHSI’s Marine business in the UK and Canada. In this role, Ben will drive underwriting, strategy, and portfolio [...]
Perpetuals Reports $4.5 Billion in UpsideOnly Volume and Signs Exchange Agreement With Datavault AI for Tokenized Commodities June 2, 2026 UpsideOnly draws more than 30,000 active users from 185 countries in its first two weeks Perpetuals signs exchange agreement with Datavault AI, bringing tokenized gold, copper, geothermal energy, and critical minerals to 24/7 regulated global trading
Sicily: Italy’s jewel, from foodie hubs to the coastline June 2, 2026 Sicily: Italy’s moreish island, from food hubs to the coast, by Jamie Douglass The history of Anglo-Sicilian relations is long, amicable, and has much to do with wine. In 1773, a travelling Englishman called John Woodhouse discovered the excellence of Marsala – a fortified wine produced in the city of Marsala in Sicily – and [...]
Mortgage approvals jump to 15-month high despite Iran war chaos June 2, 2026 Mortgage approvals made a surprise jump to a 15-month high in April, despite continued signs that the economic chaos caused by the Iran war is shaking confidence in the property market. Net mortgage approvals jumped three per cent to 65,900 in April, above the six-month average of around 63,100, according to Bank of England data. [...]
No ‘capacity’ for Ed Miliband’s warm homes plan, says British bank boss June 2, 2026 A UK banking chief has warned the government does not have the “capacity” to meet its ambition to transition millions of homes to low carbon-heating technologies. Nigel Terrington, the boss of specialist lender Paragon Bank, said Labour faced an “operational capacity constraint” in its bid to implement its warm home plan. The £15bn initiative, which [...]