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Explorer DECODED

Latest edition: 22 May 2024
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Spotlight

Target reduces prices on 5000 most popular items

The retailer has reduced prices on 1,500 items, with thousands more price cuts planned to take effect over the course of summer 2024.

Latest news

Explainer: can the UK AV Act really get self-driving cars on the road by 2026?

The UK government has announced that self-driving cars could be on British roads by 2026, after the country’s Autonomous Vehicles (AV) Act became law on Monday (20 May).

Howden rolls out SME cyber insurance platform

UK insurance intermediary Howden has introduced a new cyber insurance platform specifically designed for SMEs.

Fraud losses dip by 4% but over £1bn stolen by criminals in 2023 reports UK Finance

Criminals stole £1.17bn through unauthorised and authorised fraud in 2023. That represents a 4% decrease compared to 2022. UK banks prevented a further £1.25bn of unauthorised fraud through advanced security systems.

Unico to acquire Sierra Blanca from Capella and Austral

The Sierra Blanca project comprises five mining titles spread over 7,997 hectares (ha).

Saipem secures $3.7bn Angola contracts with TotalEnergies

The contracts are for the development of the Cameia and Golfinho oilfields roughly 100km off Angola's coast.

Genmab acquires biotechnology company ProfoundBio in $1.8bn deal

Genmab has gained access to ProfoundBio’s ADCs for cancer treatment.

HMS Anson nears active service after successful sea trials

Anson conducts sea trials in the US eastern seaboard, testing its systems and weaponry at the Atlantic Undersea Test and Evaluation Center.

Stellantis' powertrain strategy pays off for new Vauxhall Corsa

What had for decades been thought as the Fiesta class is now led by Britain’s new best-selling B segment hatchback, the updated Corsa

GRAHAM begins fit-out of BT's new office in Dundee

GRAHAM has commenced work on the multimillion-pound fit-out of telecommunications company BT's new office in Dundee, Scotland, UK.

Minerva, Marfrig confirm Uruguayan assets deal blocked by regulators

Brazilian meat giants Minerva Foods and Marfrig have confirmed that Uruguay’s competition regulator has blocked part of a 7.5bn reais ($1.5bn) deal between them.