Tag: United Kingdom

BusinessPolicy

UK Competition Authority Challenges Getty-Shutterstock Merger Over Market Dominance Concerns

The proposed £245 million merger between Getty Images and Shutterstock faces regulatory hurdles as the UK Competition and Markets Authority warns of substantial competition concerns. Both companies must now propose remedies within one week to address issues identified in the Phase 1 investigation or face a more intensive Phase 2 review.

Regulatory Scrutiny Intensifies

The proposed merger between visual content giants Getty Images and Shutterstock has encountered significant regulatory obstacles, according to reports from the United Kingdom‘s competition watchdog. The Competition and Markets Authority (CMA) has determined that the combination poses a “major risk to competition” in editorial content supply both within the UK and globally.

by Elijah Porter
BusinessFinance

Blackstone Secures £507 Million Warehouse Financing Through Latest CMBS Offering

Blackstone has reportedly completed a major £507 million commercial mortgage-backed securities offering linked to UK warehouse properties. Sources indicate the deal attracted significant investor interest amid ongoing demand for logistics real estate supporting e-commerce operations.

Major CMBS Deal for UK Warehouse Portfolio

Blackstone Inc. has reportedly priced a £507 million ($680 million) commercial mortgage-backed securities deal connected to its UK warehouse properties, according to sources familiar with the transaction. This represents the private equity firm’s second such financing arrangement in 2025 tied to British industrial real estate, signaling continued confidence in the logistics sector’s growth prospects.

by Elijah Porter
GovernmentTrade

US-Australia Defense Partnership Under Review as Albanese Meets With White House Officials

Australian Prime Minister Anthony Albanese’s White House visit occurs against the backdrop of an unresolved Aukus defense agreement review. The landmark pact, which would provide Australia with nuclear submarine technology, faces uncertainty amid shifting US priorities and domestic submarine production challenges.

Defense Partnership in Question

The United States is currently reevaluating the Aukus security agreement with Australia and the United Kingdom, according to reports, creating diplomatic tension ahead of Australian Prime Minister Anthony Albanese’s White House visit. The Trump administration announced the review in June, causing concern in Canberra about the future of the landmark defense pact that would transfer cutting-edge nuclear submarine technology to Australia.

by Aaron Vale
CloudTechnology

Major AWS Service Disruption Impacts Global Digital Platforms and Services

A significant Amazon Web Services outage has disrupted dozens of major websites and applications worldwide. Users reported widespread access issues across multiple platforms including social media, banking services and educational tools throughout Monday morning.

Global Digital Services Hit by Widespread AWS Outage

A major internet outage has disrupted dozens of websites and applications globally, with users reporting widespread access problems following infrastructure issues at Amazon’s cloud computing service, according to reports from multiple sources. The disruption affected popular platforms including Snapchat, Roblox, Signal and Duolingo, as well as Amazon-owned operations including its main retail site and Ring doorbell services.

by Aaron Vale