Browsing: amid

European private equity fundraising is poised to set a new record in 2024, with €118bn raised in the first half of the year, according to a report by alternative assets data provider Preqin. If this momentum continues, the annual total could reach €236bn, a 30% increase from the previous high of €181bn in 2018. However, signs of a potential slowdown in fundraising have emerged, casting doubt on whether the current pace can be sustained into the second half of the year. The report, titled Alternatives in Europe 2024, highlights that European private equity’s growth has been partly driven by Nordic…

Pensioners in North East Lincolnshire are facing a winter fuel crisis, prompting a significant increase in enquiries for energy-efficient homes. With more than 57,000 pensioners in the region set to lose their winter fuel payments, the need for energy-efficient living options has become urgent. Developer E5 Living UK reports a marked rise in interest in its new properties in Grimsby, which are specifically designed to minimise energy consumption. This comes in response to the Chancellor’s recent announcement regarding cuts to winter fuel payments, which will drastically reduce the number of eligible recipients. In North East Lincolnshire, the number of pensioners…

Europe’s four largest reinsurers—Munich Re, Hannover Re, SCOR, and Swiss Re—have delivered robust financial results for 2023 and the first half of 2024, particularly within their non-life reinsurance segments. According to a recent report by AM Best, these results reflect the firms’ ability to capitalise on continued strong pricing and favourable terms in the global reinsurance market. The report, titled “Global Reinsurance – The European Big Four,” forms part of AM Best’s comprehensive analysis of the global reinsurance industry, released ahead of the prestigious Rendez-Vous de Septembre in Monte Carlo. This annual gathering is a key event for the global…

Staying productive at work can be a significant challenge with the myriads of distractions and interruptions employees face daily. From the constant barrage of emails and Microsoft Teams notifications to an endless stream of meetings, workplace efficiency often takes a hit. Rasmus Holst, Chief Executive Officer of the employee development platform Zensai, shares his insights on tackling the biggest productivity killers in the workplace, helping you focus, and creating an effective work atmosphere. Silence Non-Essential Notifications Social media and smartphones are major distractions in the workplace, constantly pulling attention away from important tasks. To combat this, Holst advises switching off…

A global IT outage has wreaked havoc on the travel plans of over 100,000 passengers, leading to widespread flight cancellations by major airlines, including Ryanair, British Airways, and EasyJet. As chaos ensues, experts are urging travellers to be vigilant and aware of their rights to compensation. Cancelled Flights and Entitlement to Compensation Travellers are entitled to compensation if a flight is cancelled with less than 14 days’ notice. Package holiday customers can claim a full refund or opt for a different destination. In the wake of this crisis, Tomas Vaišvila, CEO and flight compensation expert at Skycop, offers crucial advice on…

In the aftermath of its crackdown on password sharing, Netflix has reported a surge of over 13 million new subscribers during the three months leading to the end of December. This growth, the highest for any quarter since 2020, is expected to prompt the streaming giant to consider fresh price increases. Netflix implemented a policy last year that disallowed users from sharing passwords with individuals residing outside the same household. Co-CEO Greg Peters noted that the company had temporarily halted price increases during the rollout of this paid sharing policy. With the completion of this transition, Netflix is now set…