NBS Underwriting has added commercial combined insurance to its product portfolio building on the acquisition of Capital Markets Underwriting. The managing general agent snapped up CMU in July last year. NBS noted that with A-rated capacity it provides cover for risks with premiums ranging from £2,500 to £25,000, as well as those with fewer than … Read more
French IT services and consulting firm Atos unveiled a refinancing plan on Tuesday that failed to fully reassure investors. In this edition, we take a look at how the company, which provides cybersecurity services to the Olympic Games and supercomputers for France’s nuclear arsenal, accumulated close to €5 billion in debt. Source link
Tesco launched a $1.27 billion share buyback and said it expects profit to rise in the year ahead, signaling improving consumer demand as inflation tapers off. Source link
The Alibaba co-founder praised the company’s leadership and the ongoing restructuring in a memo to employees, a rare move for the billionaire since stepping away from the spotlight in recent years. Source link
Data published by the UK government has revealed that since the start of 2024, access to fast and reliable broadband connectivity is increasing at an unprecedented speed, putting nearly 380,000 rural premises in line to access a better broadband connection with what it claims is a record £714m invested in the broadband roll-out so far … Read more