Lloyds Bank reported a 41% increase in profit after tax to £1.24 billion for Q1 2026, driven by a 9% rise in total income to £4.76 billion and an 8% increase in net interest income. The bank benefited from higher interest-earning assets, stronger customer activity, and cost savings that reduced operating expenses by 2%. Despite geopolitical uncertainties impacting economic outlook, Lloyds maintained stable credit performance and a strong capital position with a CET1 ratio of 13.6%. The bank expects continued lending growth amid cautious economic assumptions influenced by global conflicts and inflation pressures.
Sodexo has secured a major global contract to provide catering services across more than 130 Meta sites in over 30 countries. This large-scale partnership includes diverse locations such as headquarters, campuses, data centers, and conference centers...
Gabriel Holding A/S has agreed to sell its European FurnMaster furniture manufacturing operations, including subsidiaries in Poland and Lithuania, to Leggett & Platt for an initial price of approximately EUR 9 million, with a possible additional paym...
A Gaza resident raised over £55,000 on GoFundMe to support his family but faced issues as the platform cannot pay directly to Gaza, forcing funds through intermediaries who failed to deliver the full amount. This highlights a broader problem in human...
Crypto investigator ZachXBT criticized all current hardware wallets as insecure and unreliable for signing transactions or storing significant funds. He highlighted Ledger as particularly problematic due to frequent updates that disrupt basic functio...
DMG Blockchain Solutions announced two strategic investments: one in MeetAmi Innovations, a Canadian fintech offering digital asset wealth management platforms, and another in Atomic47 Labs, an AI company focused on secure, sovereign AI infrastructur...
