Spain’s migrant crisis reopens deep EU rifts
UK drugmaker AstraZeneca is in talks to combine with US rival Bristol Myers Squibb, and European governments will hold an online meeting to discuss Spain’s migrant crisis. Plus, wildfires and heatwave...
3 Aug 11min
JPMorgan walks into another football firestorm
Amazon reported accelerated cloud growth in the quarter to the end of June, and JPMorgan has walked into another football firestorm as it works on a plan with Fifa. Plus, Citadel bought Situational Aw...
31 Jul 13min
Fed holds rates as inflation fears grow
Meta and Microsoft reported quarterly earnings as investors raised concerns about AI spending, and the US Federal Reserve held interest rates steady. The Bank of Japan is also expected to leave rates ...
30 Jul 12min
The Big Tech earnings dilemma
Ukraine is shifting its long-range drone campaign to focus on critical Russian infrastructure, and Big Tech companies are facing an AI dilemma as they report quarterly earnings. Plus, Google DeepMind ...
29 Jul 12min
Ares’ big play in private equity
A crucial gauge of risk in holding the debt of companies at the centre of the AI boom has hit a record high, private capital group Ares Management has held talks to acquire Leonard Green & Partners, a...
28 Jul 12min
Hike or hold: Investors split ahead of Fed decision
Investors raised their bets the Federal Reserve will raise rates on Wednesday after this month’s jump in oil prices. And, firefighting efforts were boosted in France and Spain as “violent” wildfires r...
27 Jul 11min
Oil hits $100 and drives global bond sell-off
The US unveiled new tariffs to replace old ones, oil’s jump above $100 deepened a global bond sell-off, and thousands of supporters of the youth-led “Cockroach” movement in India continued protesting ...
24 Jul 12min
US oil refineries race against dwindling supply
Tesla reported its first cash burn in more than two years in the second quarter, and US oil refineries are running at full tilt as wars in the Middle East and Ukraine choke global supplies of fuels su...
23 Jul 10min
