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Private credit’s growing ‘IOU’ habit
Shares in ASML led a tech rout on Nasdaq on Tuesday after the chipmaker warned of a slower recovery in the semiconductor market, and Goldman Sachs’ q…
1 year, 4 months ago
Pressure builds on Beijing to boost economy
OpenAI is considering a largely untested company model to protect chief executive Sam Altman from outside interference, and virtually all global insu…
1 year, 4 months ago
US banks ride ‘soft landing’ high
Russia has expanded the capacity of its shadow fleet of oil tankers despite western sanctions, and US bank stocks hit their highest level since befor…
1 year, 4 months ago
Swamp Notes: Will Republicans take back the Senate?
Both chambers of the US Congress are like the country they represent: narrowly divided. But while Democrats currently hold a one-seat Senate majority…
1 year, 4 months ago
Japanese PM’s uphill battle to win back voters
The French government has proposed a budget for next year with some €60bn worth of spending cuts and tax increases, and Hurricane Milton ploughed acr…
1 year, 4 months ago
US considers breaking up Google
HSBC’s top-paid bankers to bear the brunt of cost-cutting restructuring, and the UK Conservative party leadership race has been whittled down to two …
1 year, 4 months ago
India’s belated oil rush
The head of KPMG US says the industry urgently needs to make it easier to become an accountant, and the EU is suing Hungary’s government over a new s…
1 year, 4 months ago
Strikes threaten Boeing’s bottom line
Big bank bosses join a growing list of prominent financiers expected to skip COP29 next month, and Spain proposes a new mechanism to help harmonise t…
1 year, 4 months ago
Israel marks one year after October 7
A new report forecasts that Donald Trump would raise the US debt by twice as much as Kamala Harris, and Elon Musk’s SpaceX is quietly opening up a ne…
1 year, 5 months ago
Swamp Notes: How the Middle East conflict is shaping the election
The Biden administration has tried and failed to contain fighting in the Middle East over the past year - and now, the conflict is close to spirallin…
1 year, 5 months ago