UK government contractor Mitie has agreed to a £3.1bn cash takeover by private-equity owned rival OCS Group, ending its nearly four decades on the London stock market. The deal, recommended by Mitie's board, offers a 46.8% premium to shareholders.
Canada has chosen a German consortium led by ThyssenKrupp Marine Systems (TKMS) to build 12 new submarines, a contract potentially worth over $70 billion. This deal aims to replace aging vessels and enhance Canada's Arctic presence and NATO capabilities.
Canada has chosen a German consortium led by ThyssenKrupp Marine Systems (TKMS) to build 12 new submarines, a contract worth over $12 billion. This deal aims to replace aging vessels and enhance Canada's Arctic presence, strengthening its NATO commitments ahead of a key summit.
FBI Director Kash Patel is under scrutiny for allegedly omitting a Bitcoin investment worth up to $250,000 from his financial disclosures, violating the STOCK Act. He later filed an amended report, citing inadvertent omission.
Oracle founder Larry Ellison has quietly donated over $45 million to pro-Trump nonprofits since 2024, a fact not publicly reported until recently. These low-profile contributions coincided with significant Oracle contracts and regulatory approvals for Ellison's family businesses from the Trump administration.
A new report reveals US government spending on immigration surveillance technology, including AI tools, has surged to record highs, doubling from 2024-2025 to over $310m and reaching $513m in 2026. The increase is largely driven by contracts with data analytics and defense companies like Palantir and Anduril.
Novosti reports Cloudflare serves US federal agencies including DHS, Justice, and Treasury, providing high-level security for sensitive data. Russia's FSB claims Cloudflare and Fastly were exploited in a spy campaign targeting Russian officials.
Donald Trump's recent actions, including a $1.776bn slush fund deal with the IRS, exemplify his impunity and erosion of accountability, fostering cynicism and autocracy
Chancellor Rachel Reeves has instructed UK ministers to prioritize British companies for government contracts in shipbuilding, steel, energy, and AI, expressing disappointment over current foreign awards and signaling potential overrides of departmental decisions.
Deloitte Tohmatsu Telework Center, a subsidiary of Deloitte Tohmatsu LLC, has been suspended from bidding for three months by the Ministry of Internal Affairs and Communications for overcharging ¥31 million in personnel costs on a contract. Another Deloitte subsidiary, Stone Beat Security, also received a six-month suspension from the Cabinet Secretariat for contract violations.
Deloitte Tohmatsu Telework Center, a subsidiary of Deloitte Tohmatsu Consulting, was suspended from bidding for three months by the Ministry of Internal Affairs and Communications for overcharging ¥31 million in labor costs. This follows similar contract violations by other major consulting firms.
Alex Saab, an ally of Venezuelan President Nicolás Maduro, faces money laundering charges in Miami for allegedly bribing officials and stealing hundreds of millions from food import contracts amid Venezuela's hardship. Deported from Venezuela, Saab's case highlights ongoing U.S. investigations into corruption within Maduro's government.
Alex Saab, an ally of Venezuelan President Nicolás Maduro, was charged in federal court in Miami with money laundering tied to bribery. Deported by Venezuela, Saab's case highlights internal purges and past controversial deals involving U.S. pardons.
Richard Adam, Zafar Khan and three others are also fined by Financial Reporting CouncilBusiness live – latest updatesFive former executives at the collapsed government contractor Carillion have been bannedby the UK’s accountancy regulator, effectively ending the career of its former finance chief, after they “acted recklessly”.Before Carillion collapsed into compulsory liquidation in January 2018 – one of the biggest corporate failures in UK history – it was a large multinational construction and facilities management services company and employed 43,000 people around the world. Continue reading...
The gentle French garment is now as cursed as the infamous megacorp, which has accumulated $80m in government contracts in Australia alone It’s taken me years to find a chore coat with a cut that flatters my big tits but, now that I finally own one, I want to incinerate it.Such is the power of brand contamination; infamous data surveillance megacorp Palantir has decided to bang a logo on a chore coat to sell as corporate merch. Continue reading...
The company’s UK and Europe boss has become a lightning rod for the British public’s fear of a US tech takeoverThe hall was packed with rightwing radicals when Louis Mosley heralded a coming revolution. Just as Oliver Cromwell – that “crusader for Christ and liberty” – routed King Charles I’s royalists, “a similar revolution is brewing today”, said the UK and Europe boss of Palantir. Globalism’s “twilight” was upon us, he said in a speech dotted with admiring mentions of the podcaster Joe Rogan and “Elon’s Doge”.It was not a typical peroration for a big UK government contractor with more than £600m in deals with the NHS, the Ministry of Defence and police. But Palantir, the world’s most controversial tech company, is no typical contractor. In recent years it has gained firm footholds across Britain’s public sector while appalling critics with its leadership’s rightwing rhetoric and its work for the US and Israeli militaries and Donald Trump’s ICE immigration crackdown. Continue reading...
Pursuit, an AI platform helping companies find and win government contracts, announced a $22 million seed round led by OpenGov co-founder Mike Rosengarten. The startup crawls public data from approximately 11,000 state, local, and education (SLED) entities to surface contract opportunities. Founded in 2023 by Mike Vichich and Brandon Max, Pursuit has raised $25.5 million total from investors including Jack Altman, Bill Gurley, and Sam Hinkie.
Palantir co-founder Alex Karp's viral 22-point manifesto criticizing cultural relativism, backing AI weapons and calling for universal national service has sparked controversy amid his company's extensive UK government contracts worth hundreds of millions of pounds. The $400bn firm holds contracts with the NHS, Ministry of Defence, Financial Conduct Authority and 11 police forces, raising concerns among critics about democracy and the company's ideological leadership.
The Supreme Court ruled 7-2 that a veteran wounded in a 2016 suicide bombing at Bagram Airfield can sue Fluor Intercontinental, the contractor that employed the attacker. Former Army Spc. Winston Hencely was injured when Ahmad Nayeb, an Afghan contractor employee, detonated an explosive vest at a Veterans Day weekend 5K race, killing five people and wounding more than a dozen. Hencely suffered skull fractures, brain damage, seizures and traumatic brain injury.
