Private credit’s woes continue
Private credit is under strain as troubled loans swell, JPMorgan boss Jamie Dimon warned Britain’s chancellor against higher bank taxes, and the cost of shipping through many global maritime chokepoin...
17 Elo 12min
Venezuela demands its gold back from the UK
Leading US AI labs are releasing cheaper models to compete with cut-price alternatives from Chinese rivals. Venezuela’s government and opposition unite to demand $4bn in gold reserves back from the Ba...
14 Elo 12min
Anthropic’s anticipated $2tn IPO
Anthropic investors expect the AI start-up to be the largest ever initial public offering, and US inflation edged lower to 3.4 per cent in July as petrol prices declined. Plus, Iranian businesses are ...
13 Elo 10min
US asks Ukraine to stop strikes on tankers using Russian port
Ukraine has halted drone strikes on oil tankers using a critical Black Sea port after a request by the US, suspected Chinese hackers hit Taiwan with an autonomous AI cyber attack, and the head of the ...
12 Elo 12min
Spain’s migrant crisis exposes serious challenges for young Moroccans
Wall Street giants are partnering with Nvidia on a $500bn AI financing deal, the mega-merger between AstraZeneca and Bristol Myers Squibb has been put on ice, and queues at some EU airports have doubl...
11 Elo 12min
Deadly protests in Kashmir test Pakistan’s government
China is bypassing shipping chokepoints with an “Ice Silk Road” route through the Arctic, dozens of people have been killed in election clashes in Pakistan-administered Kashmir, and Germany’s economy ...
10 Elo 12min
Crude retreats but fuel prices stay high
Weakened refining capacity in Russia and the Gulf is a boon to US refiners. Plus, the Trump administration’s decision to revoke legal protections for migrants could hurt the US economy, and Google is ...
7 Elo 12min
How Ukrainian drone expertise is helping Colombian narcos
Iran said it reached an agreement with Oman on a route through the Strait of Hormuz, US Democrats hope to win control of Congress in the midterm elections and scammers are taking advantage of the disr...
6 Elo 11min
