UK to Pursue Plans to Cut Corporate Fundraising Paperwork
The FCA said on Tuesday that listed companies can raise a further 75% of their equity capital without issuing a prospectus, lifting the threshold from 20%. The FCA estimated it will reduce costs for secondary sales by about £40 million ($53.7 million) per year.
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Yahoo
21 minutes ago
- Yahoo
The EU chief unveils a new $2.3 trillion budget. Lawmakers say the math doesn't 'add up'
BRUSSELS (AP) — The European Union needs a new budget that would allow it to respond to crises like Russia's war on Ukraine or climate change, fund railways and energy grids, and protect farmers' livelihoods, the EU chief said Wednesday while unveiling her proposal totaling 2 trillion euros ($2.3 trillion). European Commission President Ursula von der Leyen, who heads the EU's executive branch, said that under her budget plan, spending on defense and space would increase five-fold, while investment in migration and border management would triple. The proposal kicks off two years of wrangling between the 27 member states which fund most of the budget and the European Parliament. The spending package — which runs from 2028 to 2034 — is seen as a statement about Europe's ambitions in the world. Von der Leyen described her plan for the budget – known as the Multiannual Financial Framework – as 'the most ambitious ever proposed.' 'It is more strategic, more flexible, more transparent, and we are investing more in our capacity to respond and more in our independence,' she told reporters in Brussels. But in an early sign of the troubles ahead, von der Leyen conceded that even within her own team of policy commissioners — which worked through the night to finalize the proposal – 'not everyone was satisfied with the amount.' EU lawmakers who will chaperone the commission's proposal through parliament over the next year and 2027, and who were briefed on it, said that the budget math doesn't "add up.' 'However you try to package this, what we have is a real-terms investment and spending freeze,' they said in a statement. 'It is the status quo, which the Commission has always insisted is not an option.' Part of the numbers confusion is due to von der Leyen's insistence that national contributions to the budget will not increase. Extra funds would be found through 'a step change' in the way the commission raises its own money, she said. The EU as a bloc is not allowed to levy its own taxes, but it does earn revenue from things like customs duties and value added tax. The plan now is to get money through the carbon emissions trading system and a new tobacco duty, among other measures. At the same time, the EU must also pay off billions of euros in debt incurred by measures introduced to stop the spread of COVID-19 and to help revive economies after the pandemic. As for security, von der Leyen said 100 billion euros ($116 billion) should be set aside to help Ukraine rebuild from the ravages of the war, now in its fourth year. 'We are suggesting 100 billion euros ... to support recovery, resilience, and of course their path to the EU membership,' she said. Outside the commission headquarters, as von der Leyen's team debated the plan, around 200 farmers gathered and threw boots at the building. 'Everybody is talking about security for Europe. Everybody is talking about a stronger Europe. Well ,let me tell you, you can't get stronger with an empty stomach,' said Lode Ceyssens, head of the Belgian farmers trade union Boerenbond. ___ Associated Press journalist Sylvain Plazy in Brussels contributed to this report. Lorne Cook, The Associated Press Sign in to access your portfolio
Yahoo
21 minutes ago
- Yahoo
Measurabl Launches Free Sustainability Software Solution, Onboards Over 92 Million Square Metres of Real Estate Within Weeks
Nearly 5,000 properties across 32 countries validate demand for a new, open ecosystem approach Free Solution - Measurabl LONDON, July 16, 2025 (GLOBE NEWSWIRE) -- Measurabl, the world's most widely adopted sustainability data platform for real estate, today announced initial results from the launch of its new free software solution. While advanced features remain available through Measurabl's suite of premium products, the free solution provides access to powerful tools that enable real estate stakeholders to measure, manage, and report on property and portfolio sustainability performance—at no cost, in perpetuity. Within four weeks of launch, new subscribers onboarded 5,000 buildings representing 92 million square metres across 32 countries, the fastest adoption in the company's 13-year history. Momentum around the free solution comes at a pivotal time. From the rollback of EU disclosure regulations to shifts in U.S. climate policy, including the EU Omnibus proposal and the potential elimination of the North American building energy rating programme, ENERGY STAR, the real estate industry is facing profound disruption and uncertainty. At the same time, investors and capital markets have shifted their focus to timely, performance-based sustainability metrics to inform real estate transactions, such as leasing, lending, securitization, index, appraisal and due diligence. 'The world has changed. We need to align sustainability with business value in a much more direct, measurable way,' said Matt Ellis, CEO and Co-Founder of Measurabl. 'To do that, the real estate industry needs easier access to data, the tools to interpret it, and greater accuracy all at far lower cost. Paywalls have to come down. That's why Measurabl made this major change to its business model and strategy. I could not be more excited at the tremendous response so far and look forward to working with everyone in the industry to grow and improve this new approach to sustainable and profitable real estate.' Measurabl fast-tracked the launch of its free solution—part of its long-standing strategy—to answer a call to action for investment-grade data and bolster support for ENERGY STAR, which is currently under threat of termination. To date, ENERGY STAR Portfolio Manager (ESPM) has been foundational to sustainability progress, setting the standard for compliance and decarbonisation, and remains a global model for performance benchmarking. With this new offering, Measurabl is committed to preserving and expanding the company's core values of free, agnostic sustainability data management, at global scale. 'Measurabl's free solution is a game-changer for property owners and managers seeking accessible tools to manage and improve sustainability performance,' said Ben Myers, SVP, Sustainability at BXP. 'At a time when the future of ENERGY STAR is uncertain, Measurabl provides a streamlined, globally scalable platform for safeguarding and analyzing key performance indicators. This move reduces barriers, enables participation, and strengthens the critical link between transparency and value in real estate.' Capabilities in the free solution allow subscribers to: Track energy, water, waste, and carbon (Scopes 1–3) across properties and portfolios Visualise performance trends and set reduction targets Benchmark buildings against 21B SF, 110K+ global properties to uncover insights and stay competitive Ensure investment-grade, audit-ready data with completeness checks, to stay compliant with local and global requirements Collaborate securely and share data with internal and external stakeholders Collect and store data seamlessly through bulk uploads Early adopters include dozens of owners, pension funds, and their service providers. For organizations with more advanced needs, Measurabl offers best-in-class functionality through paid upgrades to its Navigate software platform. Navigate simplifies utility data collection, enhances data quality with AI-powered gap and outlier detection, drives actionable decarbonisation planning that includes built-in financial and impact modeling, and enables flexible, stakeholder-ready reporting with powerful business intelligence tools. All the while keeping pace with evolving global disclosure frameworks. The company's suite of data products supports better investment decision-making by providing energy and carbon data at the asset- and company-level, performance benchmarks, and climate risk insights. 'As the leading global REIT benchmark setters for ETFs and active mandates, FTSE Russell is entrusted with over $320 billion (USD) in benchmarked assets,' said Ali Zaidi, Global Head of Real Assets at London Stock Exchange Group. 'The rising requirement to systematically channel flows towards companies and assets with unambiguous sustainability credentials is not only prudent risk-management but speaks to the long-term viability of investment. Measurabl's groundbreaking asset-level approach enables FTSE Russell to create benchmarks with quantifiable sustainability uplift and contributes towards our shared goal of greening of the built environment.' Measurabl is in the process of building a broad industry coalition to shape the future, and ensure investment-grade data and effective, scalable solutions are available to all the key players in the real estate industry—from owners and operators to governments and consultants. They are calling on partners, collaborators, and forward-thinking leaders to join them in this effort. If you're interested in contributing your expertise or learning how to get involved, please email leaders@ With more than €3.128 trillion in estimated global annual commercial real estate transaction volume across lending, acquisitions, refinancing, insurance, and leasing, the need for investment-grade sustainability data has never been greater. 'Measurabl is fundamentally a data company and, now, with nearly 2 billion square meters of granular sustainability data, we have the unique ability to drive the richest and most actionable insights, benchmarks, and integrations to provide value for everyone in the real estate ecosystem,' said Kumar Brahnmath, Chief Product and Technology Officer, Measurabl. 'This is the beginning of a connected, integrated, AI-enabled ecosystem where Measurabl is the sustainability source of truth powering real industry progress.' Anyone can access the free solution today and get value immediately. Measurabl provides tutorials and support on its webpage as well as inside the application, and is working with a quickly growing network of consultants, owners, operators, and more, to provide support to building owners. Meanwhile, existing Measurabl customers already have access to free features as well as their paid premium capabilities. About Measurabl Measurabl is the world's most widely adopted sustainability data management platform for real estate, empowering nearly 1,000 organizations across 100 countries—representing more than $3 trillion in assets under management—to measure, manage, and objectively report on performance. With more than 21 billion square feet of real estate under management, Measurabl delivers innovative technology solutions that help customers streamline reporting, reduce environmental impact, and achieve measurable financial results. Learn more at Media ContactsPJ Appletonpj@ press@ A photo accompanying this announcement is available at in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Bloomberg
21 minutes ago
- Bloomberg
Cerba Healthcare Bank Debt Trades Before Talks With Creditors
The sale of a piece of a Cerba Healthcare SACA bank loan signals lenders are seeking to trim their exposure to the French laboratories business before the start of debt talks. A €30 million ($35 million) portion of Cerba's revolving credit facility was sold at just below 70 cents on the euro Tuesday, according to people familiar with the matter, who asked not to be identified discussing private trades.
