Pearson PLC started 2026 with a 4% underlying sales growth in Q1, driven by a 21% increase in Virtual Learning due to strong enrolments and funding timing. Enterprise Learning & Skills grew 8%, while Higher Education and English Language Learning each rose 2%. Assessment & Qualifications declined 1% but is expected to recover from Q2. CEO Omar Abbosh highlighted progress in AI products and new contracts, with the company maintaining its forecast for mid-single digit sales growth and adjusted operating profit between £640 million and £685 million for the year. Pearson also completed part of its £350 million share buyback and raised £350 million via a 10-year bond, ensuring strong financial health going forward.
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...
Ethereum rose 3.17% to $1,923.53, outperforming Bitcoin's modest 0.18% gain to $64,588.87, signaling an early rotation toward large-cap altcoins. Despite this, overall market activity slowed, with declines in DeFi, stablecoin, and derivatives trading...
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...
