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Lovable raises $400m backed by EU’s Scaleup Fund●Drone startup Uforce targeting upwards of $4bn valuation in new raise, sources say●Nigeria’s biggest cyber risk may be its small businesses—FoubsLabs Founder●Berkshire's record cash pile sparks growing pressure●Hong Kong stablecoin selection expands with Standard Chartered-led venture’s launch●Building a managed power network: how financial institutions can eliminate branch energy volatility●Homeowners tight on cash are tapping into their homes’ equity.●The labor market slowed as employers grew wary of hiring.●Lovable raises $400m backed by EU’s Scaleup Fund●Drone startup Uforce targeting upwards of $4bn valuation in new raise, sources say●Nigeria’s biggest cyber risk may be its small businesses—FoubsLabs Founder●Berkshire's record cash pile sparks growing pressure●Hong Kong stablecoin selection expands with Standard Chartered-led venture’s launch●Building a managed power network: how financial institutions can eliminate branch energy volatility●Homeowners tight on cash are tapping into their homes’ equity.●The labor market slowed as employers grew wary of hiring.●

Front Page

Iran war and high living costs fueling last-minute holiday bookings, Tui says

Business | The Guardian · 1h ago · 🇹🇷 Turkey

Iran war and high living costs fueling last-minute holiday bookings, Tui says

Geopolitics and cost of living crisis have cost Europe’s largest travel company €60m so far Holidaymakers are waiting until the last minute to book their trips because of the continuing uncertainty caused by the war in Iran and the cost of living crisis, according to Tui , Europe’s largest travel company, which said the war had cost it €60m (£51m) so far. In the weeks after the outbreak of war at the end of February, Tui recorded a temporary drop-off in customers wanting to travel to Cyprus or Turkey, in what the company called a “volatile market”. Continue reading...

Read the full story at Business | The Guardian →

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