BusinessStartupsTechnology

Allica Bank Expands into Embedded Finance with Kriya Acquisition

Allica Bank has acquired Kriya in a strategic move to enter the embedded finance market. The combined entity reportedly aims to advance £1 billion in working capital financing to UK small and medium businesses within three years while maintaining Kriya’s brand and leadership.

Strategic Acquisition Expands Embedded Finance Capabilities

Allica Bank has reportedly acquired Kriya in a strategic move to enter the embedded finance market, according to recent reports. Sources indicate the combined offering will provide flexible working capital and PayLater options specifically tailored for small and medium-sized businesses (SMBs) across the United Kingdom.

EconomyPolicyTrade

Manufacturing Sector Navigates Tariff Turmoil as Reshoring Efforts Stall

American manufacturers are confronting unprecedented tariff challenges with reshoring initiatives failing to materialize as expected. Companies are turning to operational flexibility and lean principles to withstand what analysts describe as the most volatile trade environment in decades.

Tariff Uncertainty Creates Manufacturing Crisis

The American manufacturing sector is grappling with the highest tariff rates since 1934, according to recent analysis from Yale University’s Budget Lab. Sources indicate that average tariffs on U.S. imports reached 18% as of October 2025, a dramatic increase from the 2.4% recorded in early January. This surge comes amid what analysts describe as a “chaotic” implementation of trade policy following the second election of President Donald Trump.

AutomotiveBusiness

European Auto Sector Faces Mounting Pressure From Chinese EV Competition

European automakers have stabilized sales and improved electric vehicle offerings, but face intensifying competition from Chinese manufacturers. Industry analysts suggest Chinese brands could capture up to 30% of some European markets within two years as factory closures and production halts signal deeper structural challenges.

European Auto Industry Shows Surface Stability

Europe’s automotive sector appears to be sailing smoothly with stabilized sales and recovering profit margins, but beneath the surface, manufacturers are working furiously to counter what industry experts describe as an existential threat from Chinese competitors. According to reports, European sales have steadied after several turbulent years, with leading manufacturers weathering U.S. tariff changes and profit warnings.