Industry

• Anthropic released 10 new AI agents on Tuesday designed for banks and insurers to automate tasks like building pitchbooks, auditing statements, and drafting credit memos with limited human intervention. • The agents integrate with Claude Code and Cowork products, can be customized to firm policies, and access expanded data sources for financial work, adopted by Goldman Sachs, Visa, Citi, and AIG. • This marks Anthropic's rapid expansion into finance less than a year after announcing ambitions, with executives noting a 'dramatic change' in capabilities over the past six months.

Lobbyist Tara Singh says stripping projects of subsidy contracts would undermine investor confidence in UKBritain could be beset by levels of economic chaos last seen under Liz Truss if a Reform UK government were to fulfil its promise to strip renewable energy projects of subsidy contracts, according to the industry’s chief lobbyist.The anti-renewables policy put forward by Nigel Farage’s populist party would severely undermine investor confidence in the energy industry and across the wider UK economy, the new chief executive of RenewableUK said. Continue reading...

WPP accused of breaching its climate policy after report reveals firm linked to twice as much oil advertising as US rivalsA British advertising conglomerate has helped the oil companies ExxonMobil, Chevron, Shell and BP spend an estimated $1.5bn (£1.1bn) on adverts in the US since the 2015 Paris agreement to tackle the climate crisis, a report shows.London-based WPP was the leading advertising group serving the US’s oil industry over the past decade, according to analysis by the climate investigations platform DeSmog. The figure is nearly twice the respective amounts linked to its US rivals Omnicom and Interpublic Group (IPG), which merged in November. Continue reading...

Delegates at event in Cape Verde highlight opportunities from tech while stressing AI is no replacement for talentLast July, the Nigerian singer-songwriter Fave found herself caught up in a viral moment: an unauthorised version of a track featuring an AI choir had been released, quickly becoming an internet sensation. To get ahead of the situation, she recorded her own remix that integrated the AI-assisted song and added it to her discography.“In my view, [that] was smart and very business aware,” Oyinkansola Fawehinmi, a Lagos-based entertainment lawyer, observed a few months later. “She essentially reclaimed the ‘AI version’ and released it as her own official expression.” Continue reading...

Rival to government plans would scrap net zero policies, as party aims to woo sector after decades of job lossesReform UK has asked steel bosses to draw up an “alternative steel strategy” to rival recent government plans, stoking industry fears over a charm offensive by Nigel Farage’s party as it eyes gains in former Labour heartlands.Richard Tice, Reform’s deputy leader, met a group of bosses shortly before Labour announced new steel tariffs in March and commissioned them to draft a competing plan that will include scrapping net zero policies. Continue reading...

• TTM Technologies achieved a 214.4% increase in earnings over the past year, substantially exceeding the electronic industry average of 15.7%. • The company's exceptional performance reflects strong execution and market demand within the technology sector. • TTM's growth trajectory positions it among elite performers in the high-growth tech space.

Food delivery services say the proposed laws will affect their workers, while shared e-vehicle schemes claim the laws could make them uninsurableFollow our Australia news live blog for latest updatesGet our breaking news email, free app or daily news podcastLegislation that would crack down on ebikes and e-scooters in Queensland could curtail food delivery services and potentially end shared e-vehicle schemes, industry figures warn.The proposed laws would set an age limit of 16 on ebikes and e-scooters, require users to obtain a driver’s licence, and set a limit of 10km/h on almost all cycle lanes. Continue reading...