The Bethlehem Project: Steel’s legacy looms large
Bethlehem Steel was the lifeblood of Pennsylvanian town's economy, and a major contributor to American manufacturing during the 20th century. But when the local plant closed in the 1990s and the compa...
28 Jun 20min
Jamie Dimon succession race narrows
The race to succeed JPMorgan Chase chief executive Jamie Dimon just got tighter, and the investment chief at insurance group Allianz is warning that the SpaceX bond sale signals markets are in ‘bubble...
26 Jun 12min
European defence stocks face uncertainty
Anthropic accuses Alibaba of obtaining ‘illicit’ access to Claude, and concern is brewing over KNDS’s upcoming initial public offering after Germany scraps warship plans. Plus, Meta is turning to AI c...
25 Jun 11min
Venezuela faces world’s largest debt restructuring
Venezuela is set to take on the largest sovereign debt restructuring in history. Plus, chip stocks led a sell-off on Wall Street, and Nvidia’s AI chips have more than doubled in price on China’s black...
24 Jun 10min
What’s next for the UK after Starmer?
Keir Starmer has resigned as British prime minister, private equity executives are borrowing against their future share of profits, and former US Federal Reserve chair Alan Greenspan died at the age o...
23 Jun 12min
Starmer on brink of quitting as UK prime minister
UK Prime Minister Keir Starmer could be on his way out of Westminster, and the US and Iran held high-stakes talks in Switzerland to officially end the war. Venture capital funds are rushing into defen...
22 Jun 11min
A complicated World Cup for Iran’s diaspora
Labour’s Andy Burnham has won the crucial Makerfield by-election in the UK, a resurgence in the dollar is reversing bets on the currencies of big emerging markets and major commodity producers, insure...
19 Jun 12min
Federal Reserve gears up for change
The Federal Reserve has dropped its bias towards lowering rates in the central bank’s first meeting chaired by Kevin Warsh, President Donald Trump said the US would release frozen Iranian funds, and U...
18 Jun 10min
