Daily Archives: 2, August 2023

Vårgrønn and Energia Group Join Forces to Develop 1.8 GW Offshore Wind Projects in Ireland

(IN BRIEF) Offshore wind company Vårgrønn, a joint venture between Plenitude (Eni) and HitecVision, has partnered with Energia Group to co-develop offshore wind projects in Ireland. The partnership aims to deliver a total capacity of up to 1.8 GW by … Read the full press release

UK Business Confidence Declines in July Amid Economic Uncertainty and Rising Interest Rate Worries

(IN BRIEF) Business confidence in the UK fell by six points to 31% in July, mainly due to lower economic optimism, reaching a five-month low. Rising interest rates have become a major concern for businesses, and the retail sector showed … Read the full press release

Lloyds Bank Warns Football Fans of Soaring Online Ticket Scams Ahead of Premier League Season

(IN BRIEF) Lloyds Bank warns football fans about the rising threat of online ticket scams as the new English Premier League season approaches. Reported fraud cases related to football ticket purchases more than doubled last season, with victims losing an … Read the full press release

HSBC and Tradeshift Form Joint Venture to Develop Embedded Finance Solutions and Fintech Apps

(IN BRIEF) HSBC and B2B fintech Tradeshift have announced a partnership to establish a jointly-owned business focused on developing embedded finance solutions and financial services apps. HSBC will invest $35 million in Tradeshift and join its board. The joint venture … Read the full press release

EBRD Launches Youth in Business Programme in Albania, Aims to Empower Young Entrepreneurs for Financial Inclusion

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) is launching its Youth in Business Programme in Albania, aimed at supporting young entrepreneurs’ financial inclusion. The program will provide a €1 million loan to Union Bank for lending to … Read the full press release